Boy Scouts Of America
- Assets
- $3.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 72
- Location
- Virginia Beach, VA
- Founding
- 11/1972
- Data as of
- 12/2023
- EIN
- 54-0505875
Organization Overview
Boy Scouts Of America is located in Virginia Beach, VA. The organization was established in 1972. 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 72 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 $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
EDUCATION OF AMERICA'S YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AN EFFECTIVE EDUCATIONAL PROGRAM DESIGNED TO DEVELOP CHARACTER AND THE RESPONSIBILITES OF CITIZENSHIP IN THE PROGRAM'S PARTICIPANTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Parnell Council Exec | Officer | 40 | $133,215 |
Karen Allgaier Training Cha | Trustee | $0 | |
Cutch Armstrong VP Marketing | Trustee | $0 | |
Nolan Benbrook Assist Treas | Trustee | $0 | |
Bob Bogdanowiez Exec Board M | Trustee | $0 | |
Shelayne Boswell Executive Bo | Trustee | $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 | $564,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $564,682 |
| Total Program Service Revenue | $1,103,322 |
| Investment income | $5,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,030 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $578,821 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,256,563 |
| 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. | $133,215 |
| Compensation of current officers, directors, key employees. | $19,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $658,689 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $158,734 |
| Payroll taxes | $62,953 |
| 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 | $82,882 |
| Advertising and promotion | $26,879 |
| Office expenses | $259,215 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $292,025 |
| Travel | $62,884 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,216 |
| Interest | $20,833 |
| Payments to affiliates | $28,295 |
| Depreciation, depletion, and amortization | $53,904 |
| Insurance | $51,130 |
| All other expenses | $5,093 |
| Total functional expenses | $2,067,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,686,882 |
| Pledges and grants receivable | $13,850 |
| Accounts receivable, net | $8,116 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $211,138 |
| Prepaid expenses and deferred charges | $26,309 |
| Net Land, buildings, and equipment | $1,445,206 |
| Investments—publicly traded securities | $229,491 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,448 |
| Total assets | $3,646,440 |
| Accounts payable and accrued expenses | $29,308 |
| Grants payable | $0 |
| Deferred revenue | $62,618 |
| 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 | $750,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,458,526 |
| Total liabilities | $2,300,452 |
| Net assets without donor restrictions | $298,531 |
| Net assets with donor restrictions | $1,047,457 |
| 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 | $3,646,440 |