Nonprofit · EIN 20-3301329
THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC
Tax-exempt · FT WALTON BCH, FL 32547
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $791,110 | $2,240,458 | -$1,449,348 | $21,299,970 | $16,638 | $21,283,332 |
| December 31, 2024 | 990 | $540,577 | $2,279,266 | -$1,738,689 | $22,351,302 | $10,207 | $22,341,095 |
| December 31, 2023 | 990 | $127,720 | $718,511 | -$590,791 | $23,826,700 | $1,518 | $23,825,182 |
| December 31, 2021 | 990 | $473,311 | $1,445,859 | -$972,548 | $24,972,368 | $31,945 | $24,940,423 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,500
- Program service revenue
- $0
- Investment income
- $622,342
- Net gain from sales of assets
- $462,418
- Other revenue
- $166,268
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $11,339
- Accounting fees
- $7,637
- Occupancy
- $29,728
- Depreciation
- $357,904
- Program services (functional)
- $1,972,777
- Management and general (functional)
- $267,681
Balance sheet and other
- Total assets, start of year
- $22,351,302
- Total assets, end of year
- $21,299,970
- Total liabilities, end of year
- $16,638
- Net assets, end of year
- $21,283,332
- Land, buildings and equipment
- $15,205,086
- Publicly traded securities
- $5,303,974
- Net assets without donor restrictions
- $19,351,748
- Net assets with donor restrictions
- $1,931,584
- Gross receipts
- $3,460,801
- Employees
- 0
- Year formed
- 2005
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SHERVIN RASSA | ORG PRESIDENT Trustee or director, Officer, Key employee, Highest-paid employee | 10 | $0 | $236,107 |
| THERI ISAACS | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| SHIRAZ HOSEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| K HENDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PHIL HIGGINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CLINT ADEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SHERVIN RASSA | ORG PRESIDENT Trustee or director, Officer, Key employee, Highest-paid employee | 10 | $0 | $216,364 |
| TODD WILKINSON | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| THERI ISAACS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHIRAZ HOSEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| K HENDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PHIL HIGGINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CLINT ADEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SHERVIN RASSA | ORG PRESIDENT Trustee or director, Officer, Key employee, Highest-paid employee | 10 | $0 | $191,482 |
| TODD WILKINSON | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| THERI ISAACS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHIRAZ HOSEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| K HENDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PHIL HIGGINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUSTY SKALLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2021: 7 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SHERVIN RASSA | PRESIDENT Trustee or director, Officer, Key employee, Highest-paid employee | 10 | $0 | $153,924 |
| TODD WILKINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON BELCHER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| KEVIN HENDERSO | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANGELA SHONK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| S HOSEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THERI ISAACS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 923 DENTON BLVD NW, FT WALTON BCH, FL 32547-1603
- In care of
- % WILLIAM D DILLMAN
- Principal officer (990 for 2025)
- SHERVIN RASSA, 923 DENTON BLVD, FORT WALTON BEACH, FL 32547
- Signed the 990
- SHERVIN RASSA, CEO
- Phone
- (850) 622-0602
- Website
- WWW.BGCEC.COM
- Return prepared by
- COASTAL ACCOUNTING OF NW FL
Mission
TO SUPPORT AND CARRY OUT THE CHARITABLE AND EDUCATION FUNCTIONS OF THE BOYS AND GIRLS CLUB OF THE EMERALD COAST BY PROVIDING FINANCIAL SUPPORT AND OTHER AID TO BGCEC AND TO ITS BENEFICIARIES AS DIRECTED
Program accomplishments
- TO SUPPORT AND CARRY OUT THE CHARITABLE AND EDUCATION FUNCTIONS OF THEExpenses $1,972,777
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3301329
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III non-functionally integrated
- Donations deductible (Pub 78)
- Non-functionally integrated Type III supporting organization
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O111)
- Assets (IRS master file)
- $21,299,970
- Income (IRS master file)
- $3,460,801
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $791,110 | $2,240,458 | $21,299,970 | XML |
| 990 | December 2024 | $540,577 | $2,279,266 | $22,351,302 | XML |
| 990 | December 2023 | $127,720 | $718,511 | $23,826,700 | XML |
| 990 | December 2022 | $202,595 | $571,163 | $23,368,283 | IRS |
| 990 | December 2021 | $473,311 | $1,445,859 | $24,972,368 | XML |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3301329).
Questions about THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC
- What is the EIN of THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC?
- The employer identification number (EIN) of THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC is 20-3301329.
- Is THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Non-functionally integrated Type III supporting organization).
- Which annual return does THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names SHERVIN RASSA.
- Who are the officers and directors of THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does THE BOYS & GIRLS CLUBS OF THE EMERALD COAST FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $791,110, expenses of $2,240,458 and total assets of $21,299,970 at year end.
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