Boy Scouts Of America
- Assets
- $26.4m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 150
- Location
- Louisville, KY
- Founding
- 11/1965
- Data as of
- 12/2022
- EIN
- 61-0445839
Organization Overview
Boy Scouts Of America is located in Louisville, KY. 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 12/2022, Boy Scouts Of America employed 150 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 12/2022, Boy Scouts Of America generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $4.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL AND MORAL CHOICES OVER THEIR LIFETIMES, BY INSTILLING IN THEM, THE VALUES OF THE SCOUT OATH AND LAW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMPING
OTHER SCOUTING ACTIVITES
INDIRECT PROGRAM SERVICES REVENUES AND EXPENSES
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 |
|---|---|---|---|
A Tonii Rizzo Board Member | Trustee | 0.5 | $0 |
Aaron Garofola Board Member | Trustee | 0.5 | $0 |
Aaron Miller Board Member | Trustee | 0.5 | $0 |
Al Cornish Board Member | Trustee | 0.5 | $0 |
Bentley Badgett Board Member | Trustee | 0.5 | $0 |
Bill Barron Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adams Construction Construction | 12/30/17 | $386,012 |
Cook Home Construction Construction | 12/30/17 | $198,677 |
Cord Inc Purchasing Vend | 12/30/17 | $131,064 |
Adams Construction Construction | 12/30/17 | $386,012 |
Cook Home Construction Construction | 12/30/17 | $198,677 |
Cord Inc Purchasing Vend | 12/30/17 | $131,064 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $16,556 |
| Membership dues | $0 |
| Fundraising events | $2,500 |
| Related organizations | $0 |
| Government grants | $102,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,311,698 |
| Noncash contributions included in lines 1a–1f | $59,603 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,433,004 |
| Total Program Service Revenue | $963,019 |
| Investment income | $1,266,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$24,511 |
| Net Income from Fundraising Events | $81,824 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $340,471 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,254,906 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,498 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $373,006 |
| Compensation of current officers, directors, key employees. | $22,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,408,476 |
| Pension plan accruals and contributions | $132,361 |
| Other employee benefits | $185,839 |
| Payroll taxes | $136,479 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $68,802 |
| Fees for services: Other | $26,407 |
| Advertising and promotion | $0 |
| Office expenses | $89,782 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $466,098 |
| Travel | $165,981 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $90,958 |
| Interest | $0 |
| Payments to affiliates | $88,817 |
| Depreciation, depletion, and amortization | $597,003 |
| Insurance | $117,686 |
| All other expenses | $7,883 |
| Total functional expenses | $4,747,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,336,507 |
| Savings and temporary cash investments | $593,324 |
| Pledges and grants receivable | $460,306 |
| Accounts receivable, net | $31,273 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $60,652 |
| Prepaid expenses and deferred charges | $141,511 |
| Net Land, buildings, and equipment | $9,990,058 |
| Investments—publicly traded securities | $11,073,881 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,691,729 |
| Total assets | $26,379,241 |
| Accounts payable and accrued expenses | $161,788 |
| Grants payable | $0 |
| Deferred revenue | $78,419 |
| 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 | $371,069 |
| Total liabilities | $611,276 |
| Net assets without donor restrictions | $13,762,210 |
| Net assets with donor restrictions | $12,005,755 |
| 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 | $26,379,241 |