Boy Scouts Of America
- Assets
- $24.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 11/1965
- Data as of
- 12/2021
- EIN
- 41-2072251
Organization Overview
Boy Scouts Of America is located in Indianapolis, IN. The organization was established in 1965. According to its NTEE Classification (O19) the organization is classified as: Support N.E.C., under the broad grouping of Youth Development and related organizations. 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 12/2021, Boy Scouts Of America generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $908.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MANAGING THE ENDOWMENT FUND OF THE CROSSROADS OF AMERICA COUNCIL, BOY SCOUTS OF AMERICA, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGING THE ENDOWMENT FUND OF THE BOY SCOUTS OF AMERICA, CROSSROADS OF AMERICA COUNCIL. OF THE TOTAL PROGRAM EXPENSE AMOUNT, $148,543 WAS PAID TO MERRILL LYNCH FOR INVESTMENT MANAGEMENT FEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Wilkinson Trustee, Chair | OfficerTrustee | 0.1 | $0 |
Clark Millman Trustee | Trustee | 0.1 | $0 |
Mike Wells Trustee | Trustee | 0.1 | $0 |
Tom Easterday Trustee | Trustee | 0.1 | $0 |
Charles Golden Trustee | Trustee | 0.1 | $0 |
Stan Hurt Trustee | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,337 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,337 |
| Total Program Service Revenue | $0 |
| Investment income | $286,837 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,858,298 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,266,472 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $759,489 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $148,523 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $908,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $89,771 |
| Pledges and grants receivable | $210,083 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $20,684,557 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,846,940 |
| Total assets | $24,831,351 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,324,851 |
| Net assets with donor restrictions | $21,506,500 |
| 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 | $24,831,351 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boy Scouts Of America has recieved totaling $15,177.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,177 |
Endowment Analysis
| Beg. Balance | $29,157,933 |
| Earnings | $2,291,753 |
| Admin Expense | $151,159 |
| Net Contributions | $121,899 |
| Other Expense | $2,500,000 |
| Ending Balance | $28,920,426 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boy Scouts Of America Indianapolis, IN | $24,831,351 | $2,266,472 |
Bgcfw Support Corporation Fort Wayne, IN | $7,701,158 | $54,570 |
Fenwick Girls Hockey Club Inc Oak Park, IL | $64,395 | $318,614 |
Free Bikes 4 Kidz Madison Inc Madison, WI | $49,529 | $0 |
Young Black & Lit Evanston, IL | $189,480 | $418,471 |
Respectacle Inc Hudson, WI | $292,236 | $0 |
NONPROFIT UNITED INC co COPILEVITZ LAM & RANEY Kansas City, MO | $0 | $51,057 |
Board Of Regents Of The University Of Wisconsin System Kewaunee, WI | $219,384 | $0 |
Grundy County Friends Seneca, IL | $16,918 | $0 |
Help Heal Humanity Inc Nfp Chicago, IL | $332 | $0 |
Hiawathaland Camp Corporation Appleton, WI | $731,481 | $0 |