Boy Scouts Of America is located in Greenwich, CT. 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 39 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 $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTES SCOUTING USING THE METHODS WHICH ARE NOW COMMON USE BY THE BSA
Describe the Organization's Program Activity:
OVER 520 YOUTH SERVED THROUGH 6 PACKS, 245 CUB SCOUTS, 9 TROOPS 163 SCOUTS BSA, 1 CREW, 3 EXPLORER POSTS AND 109 EXPLORERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wayne Plewniak Council President | OfficerTrustee | 3 | $0 |
Arthur Landi President Emeritus | OfficerTrustee | 4 | $0 |
William Druschell Council Commissioner | OfficerTrustee | 2 | $0 |
Roy Abramowitz Treasurer | OfficerTrustee | 3 | $0 |
Louisa Greene V.P. - Marketing | OfficerTrustee | 2 | $0 |
James Adams V.P. - Finance | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $99,700 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $189,806 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $289,506 |
Total Program Service Revenue | $284,783 |
Investment income | $55,388 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $269,560 |
Net Gain/Loss on Asset Sales | $139,935 |
Net Income from Fundraising Events | $20,970 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $34,794 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,126,582 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $39,627 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $187,409 |
Compensation of current officers, directors, key employees. | $23,471 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $362,891 |
Pension plan accruals and contributions | $34,191 |
Other employee benefits | $28,493 |
Payroll taxes | $40,532 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $89,178 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $25,958 |
Fees for services: Other | $1,815 |
Advertising and promotion | $2,725 |
Office expenses | $55,431 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $87,814 |
Travel | $22,100 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,347 |
Interest | $10,244 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $292,457 |
Insurance | $47,896 |
All other expenses | $5,184 |
Total functional expenses | $2,226,657 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $180,218 |
Savings and temporary cash investments | $173,693 |
Pledges and grants receivable | $8,375 |
Accounts receivable, net | $26,531 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $70,143 |
Prepaid expenses and deferred charges | $10,880 |
Net Land, buildings, and equipment | $4,774,141 |
Investments—publicly traded securities | $0 |
Investments—other securities | $3,911,923 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,155,904 |
Accounts payable and accrued expenses | $35,235 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $17,387 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $218,451 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $271,073 |
Net assets without donor restrictions | $6,986,113 |
Net assets with donor restrictions | $1,898,718 |
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 | $9,155,904 |