Boy Scouts Of America is located in Meridian, MS. 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 7 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 12/2021, Boy Scouts Of America generated $828.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $877.8k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PROGRAMS AND TRAINING THAT ENCOURAGE THE DEVELOPMENT OF GOOD CHARACTER, SELF RELIANCE, AND SERVICE TO OTHERS.
Describe the Organization's Program Activity:
PROGRAM SERVICES INCLUDED SUMMER CAMP OPERATIONS, PERIODIC CAMPOREES, PARENT-SON CAMPOUTS, LEARNING FOR LIFE PROGRAMS AND OTHER SCOUTING RELATED ACTIVITIES. FOR THE 2022 YEAR IT EXPENSES ALSO INCLUDE THE UNPRECEDENTED SETTLEMENT PAYMENT TO THE SEXUAL ABUSE LITIGATION TRUST.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Kercheval Scout Executiveceo | Officer | 40 | $140,965 |
Eric Johnson II Board Member | Trustee | 1 | $0 |
Trey Long Board Member | Trustee | 1 | $0 |
Tyler Mccaughn Board Member | Trustee | 1 | $0 |
Kevin Hedgpeth Board Member | Trustee | 1 | $0 |
Will Carpenter Board Member | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $49,230 |
| Related organizations | $77,970 |
| Government grants | $16,556 |
| All other contributions, gifts, grants, and similar amounts not included above | $261,332 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $405,088 |
| Total Program Service Revenue | $69,598 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,700 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $29,841 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $22,211 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $828,677 |
| 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. | $141,108 |
| Compensation of current officers, directors, key employees. | $18,274 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,810 |
| Pension plan accruals and contributions | $20,328 |
| Other employee benefits | $26,040 |
| Payroll taxes | $19,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,895 |
| Fees for services: Accounting | $38,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,152 |
| Advertising and promotion | $1,546 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $242,308 |
| Travel | $16,589 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,183 |
| Interest | $3,398 |
| Payments to affiliates | $8,030 |
| Depreciation, depletion, and amortization | $83,484 |
| Insurance | $33,674 |
| All other expenses | $20,015 |
| Total functional expenses | $877,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,760 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,305 |
| Accounts receivable, net | $20,329 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,099 |
| Prepaid expenses and deferred charges | $22,725 |
| Net Land, buildings, and equipment | $1,573,288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,756 |
| Total assets | $1,762,262 |
| Accounts payable and accrued expenses | $13,426 |
| Grants payable | $0 |
| Deferred revenue | $1,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $26,233 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $28,716 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,922 |
| Total liabilities | $111,797 |
| Net assets without donor restrictions | $1,601,054 |
| Net assets with donor restrictions | $49,411 |
| 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 | $1,762,262 |