Boy Scouts Of America is located in Derby, CT. The organization was established in 1965. According to its NTEE Classification (O41) the organization is classified as: Boy Scouts of America, under the broad grouping of Youth Development and related organizations. As of 12/2023, Boy Scouts Of America employed 27 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Boy Scouts Of America is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Boy Scouts Of America generated $516.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $593.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE ABILITY OF ITS MEMBERS TO DO THINGS FOR THEMSELVES AND OTHERS, TRAINING THEM IN SCOUT CRAFT AND TEACHING THEM PATRIOTISM, COURAGE AND SELF-RELIANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCOUTING PROGRAM FOR YOUTH IN THE LOWER NAUGATUCK VALLEY AREA OF CONNECTICUT.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Karen Lord Board Member  | Trustee | 1 | $5,225 | 
James Allan Board Member  | Trustee | $0 | |
Jeffrey E Anderson Board Member  | Trustee | $0 | |
Bing Carbone Board Member  | Trustee | $0 | |
Hilary Coons Board Member  | Trustee | $0 | |
Matthew Decho Vp-Outdoor P  | OfficerTrustee | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $53,510 | 
| Related organizations | $22,221 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $202,562 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,293 | 
| Total Program Service Revenue | $187,331 | 
| Investment income | $2,051 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $38,693 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $2,006 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $516,711 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $0 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $5,225 | 
| Compensation of current officers, directors, key employees. | $731 | 
| Compensation to disqualified persons | $90,000 | 
| Other salaries and wages | $81,291 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $22,886 | 
| Payroll taxes | $16,275 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $0 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $51,693 | 
| Advertising and promotion | $0 | 
| Office expenses | $0 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $49,527 | 
| Travel | $23,925 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $31,724 | 
| Interest | $1,097 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $43,616 | 
| Insurance | $28,782 | 
| All other expenses | $26,325 | 
| Total functional expenses | $593,677 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,525 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $35,000 | 
| Accounts receivable, net | $8,156 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $24,319 | 
| Prepaid expenses and deferred charges | $34,579 | 
| Net Land, buildings, and equipment | $714,297 | 
| Investments—publicly traded securities | $414,345 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $4,007 | 
| Total assets | $1,366,228 | 
| Accounts payable and accrued expenses | $17,210 | 
| Grants payable | $0 | 
| Deferred revenue | $13,288 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $48,374 | 
| Total liabilities | $78,872 | 
| Net assets without donor restrictions | $848,388 | 
| Net assets with donor restrictions | $438,968 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $0 | 
| Total liabilities and net assets/fund balances | $1,366,228 |