Boy Scouts Of America
- Assets
- $3.0m
- Revenue
- $1.2m
- Investments
- $895.8k
- Employees
- 62
- Location
- Chattanooga, TN
- Founding
- 11/1965
- Data as of
- 12/2023
- EIN
- 62-0475671
Organization Overview
Boy Scouts Of America is located in Chattanooga, TN. 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 62 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 $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHARACTER DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT SERVICES TO UNIT SPONSORS FOR ORGANIZATIONAL TRAINING, CAMP AND SPECIAL EVENTS FOR THE DEVELOPMENT OF YOUTH THROUGH SCOUTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Buddenbohm Board Member | Trustee | 1 | $0 |
Jared Pickens Scout Executive/ceo | OfficerTrustee | 45 | $103,342 |
Book Mccray Board Member | Trustee | 1 | $0 |
Chris Rockwell Board Member | Trustee | 1 | $0 |
Jay Elliott Chairman Of The Board | OfficerTrustee | 5 | $0 |
Jim Vaughn President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $80,459 |
| Membership dues | $0 |
| Fundraising events | $217,628 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,078 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $480,165 |
| Total Program Service Revenue | $543,759 |
| Investment income | $42,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $817 |
| Net Income from Fundraising Events | $87,641 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $44,614 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,204,791 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,131 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $127,902 |
| Compensation of current officers, directors, key employees. | $19,185 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $395,834 |
| Pension plan accruals and contributions | $41,028 |
| Other employee benefits | $61,771 |
| Payroll taxes | $40,944 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,536 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,793 |
| Fees for services: Other | $23,362 |
| Advertising and promotion | $0 |
| Office expenses | $258,922 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $61,922 |
| Travel | $28,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,902 |
| Interest | $0 |
| Payments to affiliates | $31,108 |
| Depreciation, depletion, and amortization | $83,801 |
| Insurance | $1,811 |
| All other expenses | $0 |
| Total functional expenses | $1,358,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $656,275 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $40,075 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $75 |
| Inventories for sale or use | $80,636 |
| Prepaid expenses and deferred charges | $25,009 |
| Net Land, buildings, and equipment | $1,203,707 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $895,813 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $90,608 |
| Total assets | $2,992,198 |
| Accounts payable and accrued expenses | $18,090 |
| Grants payable | $0 |
| Deferred revenue | $3,600 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $97,026 |
| 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 | $16,176 |
| Total liabilities | $134,892 |
| Net assets without donor restrictions | $2,640,658 |
| Net assets with donor restrictions | $216,648 |
| 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 | $2,992,198 |