Boy Scouts Of America is located in Mohegan Lake, NY. The organization was established in 1965. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. 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 12/2020, Boy Scouts Of America generated $347.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR THE GREATER HUDSON VALLEY INC BOY SCOUTS OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST INVESTS ITS ENDOWMENT ASSETS PRUDENTLY TO MAXIMIZE INVESTMENT RETURN WHILE PRESERVING CAPITAL, THUS ALLOWING IT TO MAKE A SIGNIFICANT GRANT IN 2021 TO ITS SUPPORTED ORGANIZATION, THE GREATER HUDSON COUNCIL BOY SCOUTS OF AMERICA, TO ASSIST THE ORGANIZATION IN COVERING ITS OPERATING EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joshua Davies Chairman | OfficerTrustee | 2 | $0 |
Richard Stockton Scout Executive/ceo | Officer | 2 | $0 |
Tom Campanile Trustee | Trustee | 2 | $0 |
Jann Mirchandani Trustee | Trustee | 2 | $0 |
John Tripodi Trustee | Trustee | 2 | $0 |
David Talbot Trustee | Trustee | 2 | $0 |
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 | $14,929 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,929 |
Total Program Service Revenue | $0 |
Investment income | $55,655 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $276,651 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $347,240 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,047,584 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $23,175 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,070,759 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,987 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $30,000 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $3,920,022 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,955,009 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $67,344 |
Total liabilities | $67,344 |
Net assets without donor restrictions | $3,047,254 |
Net assets with donor restrictions | $840,411 |
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 | $3,955,009 |
Beg. Balance | $3,887,665 |
Earnings | $825,845 |
Admin Expense | $34,288 |
Net Contributions | $34,715 |
Other Expense | $361,085 |
Ending Balance | $4,352,852 |
Organization Name | Assets | Revenue |
---|---|---|
The American Friends Of Migdal Ohr New York, NY | $3,730,032 | $10,984,371 |
Newark Youth Development Fund Inc Newark, NJ | $8,290 | $6,651,415 |
Oak Hill Foundation Inc Hartford, CT | $142,145,010 | $15,501,969 |
Wakeman Boys And Girls Club Corporation Fairfield, CT | $0 | $0 |
Big Brothers Big Sisters Of Long Island Donation Center Inc Islandia, NY | $6,798,757 | $4,499,904 |
Homewood Childrens Village Pittsburgh, PA | $2,623,415 | $3,020,728 |
Girl Effect Inc New York, NY | $8,038,131 | $10,243,411 |
The Union League Legacy Foundation Philadelphia, PA | $19,017,590 | $3,492,460 |
Boy Scouts Of America Mohegan Lake, NY | $5,034,510 | $744,573 |
Boy Scouts Of America Mohegan Lake, NY | $3,955,009 | $347,240 |
Roca Pallin Youth Center Inc Chelsea, MA | $6,602,036 | $2,128,214 |
Boys & Girls Club Of Paterson And Passaic Association Inc Paterson, NJ | $5,775,233 | $273,672 |