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The Boys and Girls Club of Dane County

Sun Prairie Youth Center


July, 2018
Sun Prairie Youth Center
232 Windsor Street, Sun Prairie
History of the BGCDC
1999 - Taft Street Site Our local center became a chartered
affiliate of Boys & Girls Clubs of America, opening its doors
in the south Madison community to more than 600 young
people.

2006 - Allied Family Center - Community leaders raised


more than $3 million to build a new Boys & Girls Club
family center in the Dunn’s Marsh neighborhood of
Fitchburg and more than 1,800 kids were served on an
annual basis.

2018? – Sun Prairie Youth Center – Projected opening of


the Sun Prairie site.
Mission Statement
Boys & Girls Club of Dane County will be the leader in youth
development programs by developing partnerships to produce
positive outcomes for young people, families, and communities.

Vision Statement
The Boys & Girls Club of Dane County will inspire and
empower all young people, especially those who need us the
most, to reach their full potential as productive, responsible, and
caring adults.
The Boys and Girls Club of Dane County
Current Locations

Administrative Office
1818 W. Beltline Hwy, Madison WI 53713
Taft Street Site
2001 Taft Street, Madison, WI 53713
Allied Family Center
4619 Jenewein Road, Madison, WI 53711
232 Windsor St.
Sun Prairie, WI

Administrative Office
1818 W. Beltline Hwy, Madison WI Taft Street Site
2001 Taft Street, Madison, WI

Allied Family Center


4619 Jenewein Road, Madison, WI
Future BGC Youth
Center
Sun Prairie, WI
Allied Family Center
4619 Jenewein Road, Madison, WI

Administrative Office
1818 W. Beltline Hwy, Madison WI Taft Street Site
2001 Taft Street, Madison, WI

Future BGC Youth Center


Sun Prairie, WI
Why Sun Prairie?

• Great opportunity for growth


• The underserved in this community need our help
• The City of Sun Prairie has invited us
• A fulfillment of our organization’s mission
Sun Prairie Statistics
Population of 32,820
Sun Prairie - Fastest growing city in Wisconsin

https://www.homesnacks.net/galleries/fastest-growing/graphs/fastest-growing-cities-scatter-line-graph-wi.png
Sun Prairie Statistics
Sun Prairie Household Income

$25,000-$34,999 8.9%
$35,000-$49,999 14.3%
$50,000-$74,999 20.9%
$75,000-$99,999 15.0%
$100,000-$149,999 17.5%
*Sun Prairie Chamber of Commerce
Sun Prairie Statistics - Median Household Income by tract

https://datausa.io/profile/geo/sun-prairie-wi/
Sun Prairie Statistics – Households below Poverty Level
Income by tract

https://datausa.io/profile/geo/sun-prairie-wi/
Sun Prairie Statistics – Households below Poverty Level
Income by tract

https://datausa.io/profile/geo/sun-prairie-wi/
BGCDC Sun Prairie Youth Center
Demand for Services

Number of children in the school district 7931 100%


Number of children qualified for free lunch 1778 22%
Number of children qualified for reduced price lunch 328 4%
Total children qualified for free or reduced lunch 2106 26%
The Existing Facility
Two Buildings

18,000 SF
Activity Center

2218 SF Home

https://www.starkhomes.com/property/111684293/232-windsor-st-sun-prairie-wi-53590/
BGCDC Sun Prairie Youth Center

Programs
• Daycare for 80 Children from birth to 4 years old
• After school programming during the school year
• Day long Summer activities for children ages 5-13
BGCDC Sun Prairie Youth Center
Outreach
• Potential to reach out to 175 children from the
surrounding neighborhoods
• An opportunity to activate the City of Sun Prairie,
with a population of 33,000, in fundraising and
deeper community engagement
BGCDC Sun Prairie Youth Center
232 Windsor St. Sun Prairie

• Listing Price: $1,315,000


• Our offer: $1,140,000
• Projected Offering date: May 16, 2018
• 1% earnest money down: $11,400
• 60 to 90 day closing period
Potential Purchase Price Funding Sources
Community Development Block Grant $450,000 Submission Date: May 24th

1st Business Bank loan $700,000 Final Approval Pending

$1,150,000

City of Sun Prairie $200,000 Request made to COW in June

Sun Prairie Business Community $200,000 Capital Fundraising Goal

Sun Prairie Bike Ride Teams $25,000 Fundraising Goal - community partners

$425,000

Total Funding $1,575,000


Offer Price $1,140,000
Balance above Offer Price $435,000
Projected Annual Revenue for Sun Prairie Youth Center

Number of
Program by Age - Shares Income Per week weeks Annual
0-4 yrs (FT) $ 10,800.00 52 $561,600.00
5-13 yrs (PT school year) $ 5,625.00 42 $236,250.00
5-13 yrs (FT summer) $ 13,500.00 10 $135,000.00
Total $ 932,850.00
Number of
Program by Age - Non-Shares Income Per month months Annual
0-4 yrs (FT) $ 5,600.00 12 $ 67,200.00
5-13 yrs (PT school year) $ 2,708.33 12 $ 32,500.00
5-13 yrs (FT summer) $ 520.83 $ 6,250.00
Annual membership fees $ 450.00
Total$ 100,150.00
Total Annual
Revenue $1,039,250.00
Sun Prairie BGC Center
Projected Loan Terms

Total Loan amount $ 700,000.00 $ 700,000.00 $ 700,000.00

Interest Rate 5% 6% 7%

Term in months 180 180 180

Monthly Payment $ 5,535.56 $ 5,907.00 $ 6,291.80

Annual Payment $ 66,426.66 $ 70,883.97 $ 75,501.57


Boys and Girls Club of Dane County Boys and Girls Club of Dane County Boys and Girls Club of Dane County
Projected Expenses of Sun Prairie Center Projected Expenses of Sun Prairie Center Projected Expenses of Sun Prairie Center
Item Annual Amount Item Annual Amount Item Annual Amount

Wages - Salaried 66,778 Wages - Salaried 66,778 Wages - Salaried 66,778


Wages - Hourly 238,473 Wages - Hourly 238,473 Wages - Hourly 238,473
Health Insurance 4,608 Health Insurance 4,608 Health Insurance 4,608
Employer Taxes 25,489 Employer Taxes 25,489 Employer Taxes 25,489
Professional Fees 3,450 Professional Fees 3,450 Professional Fees 3,450
Program Expenses 12,000 Program Expenses 12,000 Program Expenses 12,000
Telephone 6,400 Telephone 6,400 Telephone 6,400
Utilities 18,010 Utilities 18,010 Utilities 18,010
Repairs/Maintenance 8,800 Repairs/Maintenance 8,800 Repairs/Maintenance 8,800
Cleaning Service 32,760 Cleaning Service 32,760 Cleaning Service 32,760
Property/Liability Ins. 6,500 Property/Liability Ins. 6,500 Property/Liability Ins. 6,500
Van Insurance 1,200 Van Insurance 1,200 Van Insurance 1,200
Van Maint./Repairs 500 Van Maint./Repairs 500 Van Maint./Repairs 500
Van Fuel 1,450 Van Fuel 1,450 Van Fuel 1,450
Food/Beverage 20,000 Food/Beverage 20,000 Food/Beverage 20,000
Kitchen Supplies 6,000 Kitchen Supplies 6,000 Kitchen Supplies 6,000
Staffing Expenses 1,200 Staffing Expenses 1,200 Staffing Expenses 1,200
Mortgage @ 5% 66,426 Mortgage @ 6% 70,884 Mortgage @ 7% 75,501
Annual Total Expenses 520,044 Annual Total Expenses 524,502 Annual Total Expenses 529,119
Boys and Girls Club of Dane County
Projected Profits of Sun Prairie Center

Total Annual Revenue $1,039,250.00


Total Annual Expenses @ 5% $ 520,044.00
Total Annual Net Profit $ 519,206.00

Total Average Monthly Net Profit $ 43,267.17

Boys and Girls Club of Dane County Boys and Girls Club of Dane County
Projected Profits of Sun Prairie Center Projected Profits of Sun Prairie Center

Total Annual Revenue $ 1,039,250.00 Total Annual Revenue $1,039,250.00


Total Annual Expenses @ 6% $ 524,501.00 Total Annual Expenses @ 7% $ 529,119.00
Total Annual Net Profit $ 514,749.00 Total Annual Net Profit $ 510,131.00

Total Average Monthly Net Total Average Monthly Net


Profit $ 42,895.75 Profit $ 42,510.92
Sun Prairie Youth Center
Conclusion
• Fiscally sound
• Perfect match for organization’s vision and mission
• The City of Sun Prairie is asking us to come there
• Will make a difference in the lives of children in
Dane County
Coming soon to Sun
Prairie

Creating bright futures


since 1999
Any Questions?
Sun Prairie BGC Center
Projected Loan Terms

Total Loan amount $ 700,000.00 $ 700,000.00 $ 700,000.00


Interest Rate 5% 6% 7%
Term in months 180 180 Center
Sun Prairie BGC 180
Monthly Payment $ 5,535.56 $ Projected
5,907.00Loan Terms
$ 6,291.80
Annual Payment $ Loan
Total 66,426.66
amount $$ 70,883.97
700,000.00 $$ 75,501.57
700,000.00 $ 700,000.00
Interest Rate 5% 6% 7%
Term in months 180 180 180
Monthly Payment $ 5,535.56 $ 5,907.00 $ 6,291.80
Annual Payment $ 66,426.66 $ 70,883.97 $ 75,501.57

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