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EXECUTIVE COMMITTEE MEETING April 10, 2014 Steinbrenner Metro Service Center 1307 North MacDill Avenue AGENDA

1. Welcome Members.............Marc Spencer 2. Consent Items (No discussion is planned unless requested) a. February 13, 2014 Meeting Minutes (Attachment 1) b. February , 2014 Financials c. 2013 Year End Financials 3. Board Development a. Board candidate - Nik Paleologos, Humana b. Foundation candidate Jack Amor, TECO Energy Foundation c. Advisory Council Summit 4. Reports a. Community Relations.....................Ricky Gallon b. Annual Giving..Jennie Yingling Donors Reception Resource Development Strategy c. Development......Cassandra Thomas Steak Dinner Sept 9th d. Yankees Luncheon...Brenda Browning e. Pasco County/Grants....................................Chris Letsos 5. Presidents Report......Brad Baumgardner a. Liberty Pavilion b. Riverview Match c. Strategy Development 6. Executive Session Llaneza update 7. Adjorn

Notes: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________

BOYS & GIRLS CLUBS OF TAMPA BAY EXECUTIVE COMMITTEE MEETING MINUTES STEINBRENNER METRO OFFICE February 13, 2014 Members Present: Karl Brandes, Joe Garcia, Luis Garcia, Vic Holcomb, Scott Jacobsen, Chris Roederer, Jerome Ryans, Marc Spencer, Oscar Horton. Others Present: Brad Baumgardner, Brenda Browning, Ricky Gallon, Chris Letsos, Debbie McCarthy, Cassandra Thomas, Jennie Yingling and Club Director Debbie St. Surin. Chairman Elect Marc Spencer called the meeting to order at 12:10 pm and welcomed everyone. Consent Items: Minutes of the December 12, 2013 meeting were provided to the members for their review prior to the meeting. A Motion to approve the Minutes was made by Scott Jacobsen, second by Oscar Horton. Motion passed. Riverview Boys & Girls Club Presentation: Debbie St. Surin, Interim Club Director at Riverview, spoke about the Prodigy program, which targets youth from 7 to 17 to keep out of the juvenile justice system. It is a multi agency program we share with University Area Development Center. It is a visual and performing arts program that focuses on cultural arts. Prodigy is funded by grants. We received $90K the first year and should receive $160K this year. The youth served are under three categories. Prevention (our youth at BGC), Diversion (come from referrals, 1st or 2nd time offenders) and Intervention (youth that been through the DJJ system, on probation and we help get on the right track). Our Brandon and Riverview clubs are currently running this program, which is instructed by BGC staff that has to be proficient in one of the arts. Preliminary Financial Information: Debbie McCarthy reported on the 2013 Year End Financials, 2013 Great Futures Breakfast and how the net was split and informed the board of the new Foundation account. Copies were provided to the board at that time. The Finance Committee has approved the overall results. Debbie explained the breakdown of funds from the Great Futures Breakfast. The gross amount of the event was $636K. After the restricted funds and expenses were deducted, our net was $197K. Pledges will be added in when we receive them. Debbie stated the 1st Motion, to share the Great Futures Breakfast funds, 50%, with the Foundation in the amount of $197K. Vic made the Motion to approve, Second by Jerome. Motion passed. The 2nd Motion was made to approve the request we receive from the Foundation, the amount of $175K was made by Scott, Second by Vic. Motion passed. Brad stated that we will need to open a Foundation account, which will be discussed at a later time.

Executive Committee Meeting February 14, 2013 Page Two Reports: Jennie Yingling reported that the GFB Thank You luncheon would be held on February 21 st at the Yankees Pavilion and the Donors Reception will be held on February 27th at Palma Ceia from 5:30 to 7:30 pm. This is a great opportunity thank those who support us. Brenda Browning reported on the Yankees Luncheon. We have currently brought in $259K in ticket sales. With the announcement of Jeter retiring, sales have increased. Cassandra Thomas reported that the Steak Dinner will be on September 9 th at the A la Carte. There is an event guide at the back of the packets so members can decide on which events they would like to attend. Strengthening the Board: Chris Roederer reported that we will hold an Advisory Board Summit on April 8th for our unit boards. Brad stated this will be the first time weve brought the councils together and will share with them where we plan to be in 5 years but also talk about roles and responsibilities and how we can support them in the funding raising role. We are bringing in Chuck Loring, with Board Source who is well known around the area for board building. Chris reminded that the board members that 3-year term is about to expire, that we need to have their background checks in before re-elections in March. Youth Impact Strategy: Chris Letsos reported that in Teen Services, in our 16-18 year olds, we had 200 kids, over 50% attended 50% of the time. They want to get jobs. We will be holding a Youth Employment services Academy at Mary Help, sponsored by Coca-Cola, Mr. Vinik, JPMorgan Chase and Bank of America. Well bus in 50 of our best 16 to 17 year olds to get training. They will tour Coke and the Forum and hope to hire 15/20 of our kids during the summer. Chris Roederer stated they could also tour Tampa General. Our goal is to keep them involved and hire them as Directors once they graduate college. There will be a Teen Summit this summer at the Forum with 250/300 teenagers from various organizations attending to learn about employment opportunities and how to prepare them. We would like our board to attend to serve as mentors to the kids. Jerome suggested we partner with THA because they run programs and teach kids how communicate and see themselves to an employer. Community Relations: Ricky Gallon showed slides and spoke briefly on the following: Youth of the Year candidates and selection panel. Gene Mosely, from our West Tampa, won as 2014 YOY. Busch Garden Leaders, our kids taking a look behind the scenes and working with animals. This is every Saturday. Longhorn Ribbon Cutting on Westshore. We will be receiving a donation.

Executive Committee Meeting February 14, 2013 Page Three Victorias Good Table at West Tampa. Our kids are fed a hot cooked meal and sit family style, served by Victorias volunteers and our staff. West Tampa Culinary Program, where our kids tried root vegetables.

Presidents Report: Brad Baumgardner reminded everyone that the Annual Dinner is on March 27th at the Epicurean Hotel. There will be a reception at 6:00 pm, dinner at 6:30 and over by 8:15 pm. Riverview needs $200K to complete the gym. George Simmons gave $50K and asking for a match to help with that. Our May board meeting will be held at the Liberty Club. We will also hold the Ribbon Cutting for the Gary Nix gym.

Chris Letsos spoke about our Feeding Program. Weve hit road blocks with our kitchens. He met with the District and we are hoping to use their sites as our satellite sites. We should have answer soon. Feeding American has committed to driving the food out. We hope to expand the programs soon to Van Buren Middle Schools year round. The meeting was adjourned by Marc at 1:10 pm.

Brenda Browning, Recorder _____________________________ ____________ Shelley Kolseth, Secretary Date

Boys & Girls Clubs of Tampa Bay, Inc. Memo


To: From: Date: Executive Committee Deborah L. McCarthy, Chief Financial Officer April 7, 2014

Subject: December 2013 Financial Statements - Unaudited

Please find attached the Statement of Financial Position and the Statement of Activity for the Unrestricted Fund for the year ended December 31, 2013. The audit firm of Reeder and Associates is wrapping up field work this week for our annual audit and we should have the audited financials in time for the June meeting. You will notice that you have an additional Statement of Activity included in your financial statements that summarizes the total support received from the Boys & Girls Clubs of Tampa Bay Foundation, Inc. After consideration with the Finance Committee, they have decided that this presentation is more informative and allows for a better understanding of the effect of the support we receive from the BGCTB Foundation on our Statement of Activity. You will still see the total net support from BGCTB Foundation reported as an adjustment to NET SURPLUS (DEFICIT) on page 2 of our Statement of Activity Unrestricted Fund. This is done in an effort to show the Board of Directors what the effect is on our bottom line with and without this support. The remarks below are made regarding gross operations including all sources of funding. We are ahead of budget by $404,000 due to a savings of $110,000 in Total Expenses combined with a surplus of $293,000 in Total Public Support and Revenue. See explanation of significant variances below: Contributions Surplus of $271,000 This is almost all due to the Great Futures Breakfast which netted $242,000 to the Organization before costs. This event was not budgeted for 2013. Fees & Grants Surplus of $110,000 While we have seen a decline in certain grants such as Day Care and OJP, we have been able to replace and increase our grant revenues with new sources during 2013 through the Florida Alliance of Boys & Girls Clubs of Florida with our new DJJ Grants for our SMART program and GPTTO Program.

Memo to Executive Committee

Page 2 of 3

Program Service Revenue Shortage of $47,000 We are seeing a decline in membership dues in 2013 due to a larger number of our membership qualifying for member scholarships due to their economic circumstances. Net Special Events Shortage of $43,000 Steak Dinner saw a shortfall of $39,000 from budget of $175,000. Due to the proximity of Steak Dinner to Great Futures Breakfast, we have seen a decline in this event over the last two years. The Steak Dinner Committee has planned to move the event to September in 2014 to try to counter this trend. Personnel Costs Savings of $41,000 Savings is due primarily to unexpected vacancies in staff positions. Professional Fees Overage of $48,000 Overage is due primarily to an overage in legal fees of $32,000 due to ongoing legal representation in the matter of the Llaneza Trust plus other additional fees of approximately $13,000 for the YMCA, CPS Associates and Expense Reduction Analysts. Contract Services Savings of $41,000 Savings is due to a savings of $50,000 for the lead teacher position for the 21st Century grant which was not filled this year Supplies Savings of $56,000 Savings is due primarily to a savings of $45,000 in the costs of food and beverages which includes savings in the afterschool snack program due to a complete overhaul of the way this program is managed and implemented in the clubs beginning with centralized menu planning and ordering of snacks through one approved vendor. Other savings in other club supplies and office supplies are also due to efforts to centralize purchasing and establish a uniform process for all clubs. See comments under Training, Travel & Meetings. Occupancy Savings of $24,000 Savings is due in large part to sale of Interbay club and savings in utilities, insurance and building repair & maintenance. Transportation Savings of $40,000 Savings is due to primarily to savings in Repairs & Maintenance. Do to the nature of repairs, it can be difficult to predict the timing of these expenses. We look at our history to try to project our future expenses. Training, Travel & Meetings Overage of $11,000 Costs of meals for Meetings and Conferences were recorded as Supply Costs in prior years and were budgeted there. In 2013, we made a change to track these costs as part of the costs of meetings. See corresponding savings in Supply Costs.

Memo to Executive Committee

Page 3 of 3

Program Services Overage of $24,000 Overage is due primarily to overage in youth assistance costs which is seasonal and coincides with the Thanksgiving and Christmas holiday seasons. This represents assistance to members at the clubs in the form of Christmas gifts and almost 100% of these costs are underwritten by donors. Please let me know if you have any questions or comments on the statements.

4/8/2014 04:48:06 PM

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Financial Position
With Comparative Totals to Last Year - Unaudited

Page 1

Unrestricted Fund 12/31/2013

Land & Building Fund 12/31/2013

Temporarily Restricted Fund 12/31/2013

Endowment Fund 12/31/2013

Total All Funds 12/31/2013

Total All Funds 12/31/2012

ASSETS Current Assets Cash & Cash Equivalents Investments Accounts Receivable Pledges Receivable - Current, net of allowance Due from BGCTB Foundation Prepaid Expenses Total Current Assets $1,272,461 $11,064 $448,756 $77,455 $688,131 $54,650 $2,552,517 $770,333 $402,292 $0 $0 $0 $0 $1,172,625 $783,455 $287,708 $0 $36,911 $0 $0 $1,108,073 $30,583 $662,684 $0 $0 $0 $0 $693,268 $2,856,833 $1,363,749 $448,756 $114,366 $688,131 $54,650 $5,526,483 $1,379,709 $2,066,527 $259,449 $137,611 $743,933 $75,991 $4,663,220

Non Current Assets Land, Property and Equipment Prepaid Rent - Non Current Pledges Receivable - Non-Current, net of allowance Cash Value Life Insurance Other Assets Total Non Current Assets $0 $60,000 $0 $0 $2,610 $62,610 $7,285,238 $0 $0 $0 $0 $7,285,238 $0 $0 $144,087 $85,456 $0 $229,543 $0 $0 $0 $0 $0 $0 $7,285,238 $60,000 $144,087 $85,456 $2,610 $7,577,391 $7,798,435 $60,000 $78,130 $80,994 $3,170 $8,020,729

TOTAL ASSETS

$2,615,127

$8,457,863

$1,337,617

$693,268

$13,103,874

$12,683,949

LIABILITIES AND NET ASSETS Liabilities Current Liabilities Accounts Payable Accrued Expenses Due to BGCTB Foundation Deferred Revenue Total Current Liabilities $231,518 $217,118 $276,306 $432,807 $1,157,749 $0 $0 $0 $0 $0 $0 $0 $31,579 $0 $31,579 $0 $0 $0 $0 $0 $231,518 $217,118 $307,885 $432,807 $1,189,328 $84,068 $221,873 $48,345 $375,185 $729,470

4/8/2014 4:48:06PM

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Financial Position
With Comparative Totals to Last Year - Unaudited

Page 2

Unrestricted Fund 12/31/2013

Land & Building Fund 12/31/2013

Temporarily Restricted Fund 12/31/2013

Endowment Fund 12/31/2013

Total All Funds 12/31/2013

Total All Funds 12/31/2012

Other Liabilities Deferred Lease Revenue Total Other Liabilities $0 $0 $204,000 $204,000 $0 $0 $0 $0 $204,000 $204,000 $252,000 $252,000

Total Liabilities

$1,157,749

$204,000

$31,579

$0

$1,393,328

$981,470

Net Assets Unrestricted - from Operations Unrestricted - Property and Equipment Temporarily Restricted Permanently Restricted Total $1,296,016 $161,062 $300 $0 $1,457,378 ($161,062) $8,414,925 $0 $0 $8,253,863 ($300) $0 $1,306,338 $0 $1,306,038 $0 $0 $0 $693,268 $693,268 $1,134,654 $8,575,986 $1,306,638 $693,268 $11,710,546 $1,051,902 $8,713,304 $1,272,475 $664,798 $11,702,479

Total Net Assets

$1,457,378

$8,253,863

$1,306,038

$693,268

$11,710,546

$11,702,479

TOTAL LIABILITIES AND NET ASSETS

$2,615,127

$8,457,863

$1,337,617

$693,268

$13,103,874

$12,683,949

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Activity - Unrestricted Fund With Comparison to Budget & Last Year Actual - Unaudited

Actual 1/1/2013 To 12/31/2013 Public Support and Revenue Public Support United Way & Combined Campaigns Contributions Funds Released from Restriction BGCTB Funding Released from Restriction Fees & Grants Total Public Support Revenue Program Service Revenue Investment Revenue Other Revenue Total Revenue Special Events Special Event Revenue Special Event Expenses Net Special Events Total Public Support and Revenue Expenses Personnel Costs Salaries Employee Benefits Payroll Taxes Other Employee Costs Other Personnel Costs Total Personnel Costs 363,113 5,517 24,936 393,567

Year To Date This Year Budget 1/1/2013 Variance To Favorable Variance 12/31/2013 (Unfavorable) %

Total 2013 Annual Budget

Year To Date Last Year Actual 1/1/2012 Variance To Favorable Variance 12/31/2012 (Unfavorable) %

842,758 1,545,821 146,142 238,000 2,019,817 4,792,538

860,000 1,275,000 130,000 238,000 1,910,000 4,413,000

(17,242) 270,821 16,142 109,817 379,538

(2.0%) 21.2% 12.4% 5.7% 8.6%

860,000 1,275,000 130,000 238,000 1,910,000 4,413,000

852,754 1,411,764 172,940 258,000 1,933,297 4,628,755

(9,996) 134,057 (26,799) (20,000) 86,520 163,783

(1.2%) 9.5% (15.5%) (7.8%) 4.5% 3.5%

410,000 5,000 22,000 437,000

(46,887) 517 2,936 (43,433)

(11.4%) 10.3% 13.3% (9.9%)

410,000 5,000 22,000 437,000

411,361 6,193 24,601 442,155

(48,248) (676) 336 (48,588)

(11.7%) (10.9%) 1.4% (11.0%)

600,143 (89,994) 510,150 5,696,254

626,800 (73,800) 553,000 5,403,000

(26,657) (16,194) (42,850) 293,254

(4.3%) (21.9%) (7.7%) 5.4%

626,800 (73,800) 553,000 5,403,000

592,600 (86,735) 505,865 5,576,775

7,543 (3,258) 4,285 119,479

1.3% (3.8%) 0.8% 2.1%

2,580,787 231,212 198,715 54,520 21,961 3,087,196

2,600,000 253,000 210,000 51,500 13,500 3,128,000

19,213 21,788 11,285 (3,020) (8,461) 40,804

0.7% 8.6% 5.4% (5.9%) (62.7%) 1.3%

2,600,000 253,000 210,000 51,500 13,500 3,128,000

2,557,152 231,129 199,903 37,129 19,225 3,044,538

(23,636) (83) 1,188 (17,391) (2,736) (42,658)

(0.9%) (0.0%) 0.6% (46.8%) (14.2%) (1.4%)

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Activity - Unrestricted Fund With Comparison to Budget & Last Year Actual - Unaudited

Actual 1/1/2013 To 12/31/2013 Operating Costs Professional Fees Contract Services Supplies Information Technolgy Occupancy Expense Equipment Expense Printing & Postage Transportation Expense Training, Travel & Meetings Program Services Other Expenses Total Operating Costs Total Expenses NET SURPLUS/(DEFICIT) BGCTB Foundation Support (See Separate Schedule of Support) NET SURPLUS/(DEFICIT) BEFORE BGCTB FOUNDATION SUPPORT 83,864 161,841 258,661 82,143 1,199,390 41,248 17,556 175,850 56,047 208,973 79,371 2,364,944 5,452,140 244,114

Year To Date This Year Budget 1/1/2013 Variance To Favorable Variance 12/31/2013 (Unfavorable) % 36,000 203,000 314,500 84,000 1,223,500 41,500 16,500 216,300 45,000 185,000 69,400 2,434,700 5,562,700 (159,700) (47,864) (133.0%) 41,159 20.3% 55,839 17.8% 1,857 2.2% 24,110 2.0% 252 0.6% (1,056) (6.4%) 40,450 18.7% (11,047) (24.5%) (23,973) (13.0%) (9,971) (14.4%) 69,756 2.9% 110,560 403,814 2.0% 252.9%

Total 2013 Annual Budget 36,000 203,000 314,500 84,000 1,223,500 41,500 16,500 216,300 45,000 185,000 69,400 2,434,700 5,562,700 (159,700)

Year To Date Last Year Actual 1/1/2012 Variance To Favorable Variance 12/31/2012 (Unfavorable) % 59,020 212,351 292,945 84,166 1,230,343 37,903 (3,966) 218,887 50,439 221,156 100,725 2,503,969 5,548,507 28,268 (24,845) (42.1%) 50,509 23.8% 34,284 11.7% 2,023 2.4% 30,954 2.5% (3,345) (8.8%) (21,522) (542.6%) 43,037 19.7% (5,607) (11.1%) 12,183 5.5% 21,354 21.2% 139,024 5.6% 96,367 215,846 1.7% 763.6%

451,386

238,000

213,386

89.7%

238,000

505,987

(54,601)

(10.8%)

(207,272)

(397,700)

190,428

47.9%

(397,700)

(477,719)

270,447

(56.6%)

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Activity - Unrestricted Fund
Support of Boys & Girls Clubs of Tampa Bay Foundation

Year To Date This Year Actual 1/1/2013 To 12/31/2013 Budget 1/1/2013 To 12/31/2013 Variance Favorable (Unfavorable) Total 2013 Annual Budget Actual 1/1/2012 To 12/31/2012

Year To Date Last Year Variance Favorable (Unfavorable)

Variance %

Variance %

Public Support and Revenue Contributions - Great Futures Breakfast Contributions - Cash Contributions - Pledges Contributions Shared with Foundation Total Great Futures Breakfast $320,995 $118,938 ($197,013) $242,920 $0 $320,995 $118,938 ($197,013) $242,920 0.0% $0 $281,030 $161,085 $119,945 $159,910 ($1,007) ($197,013) ($38,110) (13.6)% 99.3% (0.8)%

Funds Released from Restriction Funds Released from Restriction BGCTB Funding Released from Restriction Total Funds Released from Restriction $3,000 $238,000 $241,000 $238,000 $238,000 $3,000 1.3% $3,000 $238,000 $238,000 $258,000 $258,000 $3,000 ($20,000) ($17,000) (7.8)% (6.6)%

Total Public Support and Revenue

$483,920

$238,000

$245,920

103.3%

$238,000

$539,030

($55,110)

(10.2)%

Expenses Operating Costs Contract Services Supplies Equipment Expense Printing & Postage Training, Travel & Meetings Other Expenses Total Operating Costs $4,270 $151 $12,500 $32,534 $0 ($4,270) ($151) ($12,500) ($32,534) 0.0% $0 $10,700 $4,912 ($10,700) ($4,912) $10,600 $2,699 $3,427 $1,617 $200 $14,500 $33,043 ($100) ($2,214) $3,427 ($2,653) $49 $2,000 $510 (0.9)% (82.0)% 100.0% (164.1)% 24.6% 13.8% 1.5%

Total Expenses

$32,534

$0

($32,534)

0.0%

$0

$33,043

$510

1.5%

NET SURPLUS/(DEFICIT)

$451,386

$238,000

$213,386

89.7%

$238,000

$505,987

($54,600)

(10.8)%

4/8/2014

Page 1

Boys & Girls Clubs of Tampa Bay, Inc. Memo


To: From: Date: Executive Committee Deborah L. McCarthy, Chief Financial Officer April 8, 2014

Subject: February 2014 Financial Statements - Unaudited

Please find attached the Statement of Financial Position and the Statement of Activity for the Unrestricted Fund for the two months ended February 28, 2014. You will notice that you have an additional Statement of Activity included in your financial statements that summarizes the total support received from the Boys & Girls Clubs of Tampa Bay Foundation, Inc. After consideration with the Finance Committee, they have decided that this presentation is more informative and allows for a better understanding of the effect of the support we receive from the BGCTB Foundation on our Statement of Activity. You will still see the total net support from BGCTB Foundation reported as an adjustment to NET SURPLUS (DEFICIT) on page 2 of our Statement of Activity Unrestricted Fund. This is done in an effort to show the Board of Directors what the effect is on our bottom line with and without this support. The remarks below are made regarding gross operations including all sources of funding. We are ahead of budget by $33,000 which is a combination of a budget surplus of $18,000 in Public Support and Revenue and a budget savings of $15,000 in Total Expenses. See explanation of significant variances below: Total Public Support and Revenue Surplus of $18,000 This is due to Fees & Grants which is slightly ahead of budget due to additional funding for the Prodigy Program from DJJ. We also are ahead in special events due to the Golf Challenge. Personnel Costs Savings of $20,000 Savings are due primarily to vacancies in staff positions. Human Resources and Club Operations are working to fill all open positions as quickly as possible however, we have had a number of open bus driver positions which are difficult to fill at this time. Program Services Overage of $11,000 Certain costs for program services were incurred early in the year. This overage is expected to even out over the course of the year. Please let me know if you have any questions or comments on the statements.

4/9/2014 09:06:17 AM

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Financial Position
With Comparative Totals to Last Year - Unaudited

Page 1

Unrestricted Fund 2/28/2014

Land & Building Fund 2/28/2014

Temporarily Restricted Fund 2/28/2014

Endowment Fund 2/28/2014

Total All Funds 2/28/2014

Total All Funds 2/28/2013

ASSETS Current Assets Cash & Cash Equivalents Investments Accounts Receivable Pledges Receivable - Current, net of allowance Due from BGCTB Foundation Prepaid Expenses Total Current Assets $991,227 $0 $425,238 $17,328 $876,549 $14,097 $2,324,440 $971,163 $202,292 $0 $0 $0 $0 $1,173,455 $748,565 $287,708 $0 $11,911 $0 $0 $1,048,184 $40,755 $658,382 $0 $0 $0 $0 $699,137 $2,751,710 $1,148,382 $425,238 $29,239 $876,549 $14,097 $5,245,215 $1,291,772 $2,072,198 $314,477 $111,321 $753,983 $33,077 $4,576,827

Non Current Assets Land, Property and Equipment Prepaid Rent - Non Current Pledges Receivable - Non-Current, net of allowance Cash Value Life Insurance Other Assets Total Non Current Assets $0 $60,000 $0 $0 $2,610 $62,610 $7,462,474 $0 $0 $0 $0 $7,462,474 $0 $0 $148,087 $85,456 $0 $233,543 $0 $0 $0 $0 $0 $0 $7,462,474 $60,000 $148,087 $85,456 $2,610 $7,758,628 $7,732,838 $60,000 $81,130 $80,994 $2,685 $7,957,647

TOTAL ASSETS

$2,387,050

$8,635,929

$1,281,727

$699,137

$13,003,843

$12,534,474

LIABILITIES AND NET ASSETS Liabilities Current Liabilities Accounts Payable Accrued Expenses Due to BGCTB Foundation Deferred Revenue Total Current Liabilities $111,385 $232,276 $301,406 $529 $645,596 $0 $0 $0 $0 $0 $0 $0 $31,579 $0 $31,579 $0 $0 $0 $0 $0 $111,385 $232,276 $332,985 $529 $677,175 $69,142 $236,232 $49,268 $6,877 $361,519

4/9/2014 9:06:17AM

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Financial Position
With Comparative Totals to Last Year - Unaudited

Page 2

Unrestricted Fund 2/28/2014

Land & Building Fund 2/28/2014

Temporarily Restricted Fund 2/28/2014

Endowment Fund 2/28/2014

Total All Funds 2/28/2014

Total All Funds 2/28/2013

Other Liabilities Deferred Lease Revenue Total Other Liabilities $0 $0 $196,000 $196,000 $0 $0 $0 $0 $196,000 $196,000 $244,000 $244,000

Total Liabilities

$645,596

$196,000

$31,579

$0

$873,175

$605,519

Net Assets Unrestricted - from Operations Unrestricted - Property and Equipment Temporarily Restricted Permanently Restricted Total $1,830,164 ($89,010) $300 $0 $1,741,453 ($5,313) $8,445,242 $0 $0 $8,439,929 ($300) $0 $1,250,448 $0 $1,250,148 $0 $0 $0 $699,137 $699,137 $1,824,551 $8,356,232 $1,250,748 $699,137 $12,130,667 $1,568,038 $8,641,490 $1,041,109 $678,319 $11,928,955

Total Net Assets

$1,741,453

$8,439,929

$1,250,148

$699,137

$12,130,667

$11,928,955

TOTAL LIABILITIES AND NET ASSETS

$2,387,050

$8,635,929

$1,281,727

$699,137

$13,003,843

$12,534,474

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Activity - Unrestricted Fund
With Comparison to Budget & Last Year Actual - Unaudited

Actual 2/28/2014 Public Support and Revenue Public Support United Way & Combined Campaigns Contributions Funds Released from Restriction Fees & Grants Total Public Support Revenue Program Service Revenue Investment Revenue Other Revenue Total Revenue Special Events Special Event Revenue Special Event Expenses Net Special Events Total Public Support and Revenue Expenses Personnel Costs Salaries Employee Benefits Payroll Taxes Other Employee Costs Total Personnel Costs 40,174 (715) 4,725 44,184

Year To Date This Year Variance Budget Favorable Variance 02/28/2014 (Unfavorable) %

Total 2014 Budget

Year To Date Last Year Variance Actual Favorable Variance 2/28/2013 (Unfavorable) %

137,890 332,369 2,295 416,364 888,919

137,890 335,000 400,000 872,890

(2,631) 2,295 16,364 16,029

0.0% (0.8%) 4.1% 1.8%

843,100 1,730,000 137,500 2,021,000 4,731,600

141,875 395,966 2,280 406,085 946,206

(3,985) (63,597) 16 10,279 (57,287)

(2.8%) (16.1%) 0.7% 2.5% (6.1%)

50,000 600 3,500 54,100

(9,826) (19.7%) (1,315) (219.2%) 35.0% 1,225 (9,916) (18.3%)

360,000 6,700 25,000 391,700

38,241 (548) 4,183 41,876

1,933 (167) 542 2,308

5.1% 30.5% 13.0% 5.5%

360,533 (33,912) 326,622 1,259,725

350,000 (35,000) 315,000 1,241,990

10,533 1,088 11,622 17,735

3.0% (3.1%) 3.7% 1.4%

630,000 (80,000) 550,000 5,673,300

292,297 (6,170) 286,127 1,274,209

68,236 (27,741) 40,495 (14,484)

23.3% 449.6% 14.2% (1.1%)

357,380 42,273 26,346 19,946 445,945

380,400 40,000 27,840 17,500 465,740

23,020 (2,273) 1,494 (2,446) 19,795

6.1% (5.7%) 5.4% (14.0%) 4.3%

2,680,000 252,000 223,500 87,500 3,243,000

340,151 39,320 25,182 10,904 415,557

(17,228) (2,953) (1,164) (9,042) (30,388)

(5.1%) (7.5%) (4.6%) (82.9%) (7.3%)

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Activity - Unrestricted Fund
With Comparison to Budget & Last Year Actual - Unaudited

Actual 2/28/2014 Operating Costs Professional Fees Contract Services Supplies Information Technolgy Occupancy Expense Equipment Expense Printing & Postage Transportation Expense Training, Travel & Meetings Program Services Other Expenses Total Operating Costs Total Expenses NET SURPLUS/(DEFICIT) BGCTB Foundation Support (See Separate Schedule of Support) NET SURPLUS/(DEFICIT) BEFORE BGCTB FOUNDATION SUPPORT 7,780 6,948 35,272 21,101 205,331 6,407 3,613 20,896 7,081 42,966 16,560 373,956 819,900 439,824

Year To Date This Year Variance Budget Favorable Variance 02/28/2014 (Unfavorable) % 7,500 15,000 41,500 14,000 202,000 8,500 27,750 8,000 32,000 13,000 369,250 834,990 407,000 (280) 8,052 6,228 (7,101) (3,331) 2,093 (3,613) 6,854 919 (10,966) (3,560) (4,706) 15,090 32,824 (3.7%) 53.7% 15.0% (50.7%) (1.6%) 24.6% #DIV/0! 24.7% 11.5% (34.3%) (27.4%) (1.3%) 1.8% 8.1%

Total 2014 Budget 73,000 204,500 266,000 84,000 1,212,900 53,000 15,000 201,500 55,500 193,000 77,500 2,435,900 5,678,900 (5,600)

Year To Date Last Year Variance Actual Favorable Variance 2/28/2013 (Unfavorable) % 1,883 11,684 42,544 13,221 183,031 7,024 4,418 34,181 10,285 32,635 9,335 350,242 765,799 508,410 (5,897) (313.1%) 4,736 40.5% 7,272 17.1% (7,880) (59.6%) (22,301) (12.2%) 616 8.8% 805 18.2% 13,285 38.9% 3,205 31.2% (10,331) (31.7%) (7,225) (77.4%) (23,714) (6.8%) (54,102) (68,586) (7.1%) (13.5%)

205,688

180,000

25,688

14.3%

380,000

246,334

(40,646)

(16.5%)

234,136

227,000

7,136

(3.1%)

(385,600)

262,076

(27,940)

(10.7%)

Boys & Girls Clubs of Tampa Bay, Inc. Statement of Activity - Unrestricted Fund
Support of Boys & Girls Clubs of Tampa Bay Foundation

Year To Date This Year Actual 1/1/2014 To 2/28/2014 Budget 1/1/2014 To 2/28/2014 Variance Favorable (Unfavorable) Total 2014 Annual Budget Actual 1/1/2013 To 2/28/2013

Year To Date Last Year Variance Favorable (Unfavorable)

Variance %

Variance %

Public Support and Revenue Contributions - Great Futures Breakfast Contributions - Cash Contributions - Pledges Contributions Shared with Foundation Total Great Futures Breakfast $7,863 $0 $7,863 0.0% $5,623 $2,240 $5,623 $2,240 ($200,000) $200,000 $11,475 ($3,612) (31.5)% $400,000 $8,815 $2,660 ($3,192) ($420) (36.2)% (15.8)%

BGCTB Foundation Funding Request BGCTB Foundation Funding Request Total BGCTB Funding Request $175,000 $175,000 $180,000 $180,000 ($5,000) ($5,000) (2.8)% (2.8)% $180,000 $180,000 $238,000 $238,000 ($63,000) ($63,000) (26.5)% (26.5)%

Net Special Events Golf Challenge Golf Challenge Shared with Foundation Golf Scramble Total Net Special Events $49,436 ($25,000) $100 $24,536 $0 $49,436 ($25,000) $100 $24,536 0.0% $0 $0 $49,436 ($25,000) $100 $24,536 0.0%

Total Public Support and Revenue

$207,399

$180,000

$27,399

15.2%

$380,000

$249,475

($42,076)

(16.9)%

Expenses Operating Costs Supplies Printing & Postage Other Expenses Total Operating Costs $557 $923 $231 $1,711 $0 ($557) ($923) ($231) ($1,711) 0.0% $0 $3,141 $1,392 $1,749 $835 $826 ($231) $1,430 45.5% 60.0% 47.2%

Total Expenses

$1,711

$0

($1,711)

0.0%

$0

$3,141

$1,430

45.5%

NET SURPLUS/(DEFICIT)

$205,688

$180,000

$25,688

14.3%

$380,000

$246,334

($40,646)

(16.5)%

4/8/2014

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