Boy Scouts Of America
- Assets
- $4.7m
- Revenue
- $761.0k
- Investments
- $2.2m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 11/1965
- Data as of
- 12/2021
- EIN
- 23-7037341
Organization Overview
Boy Scouts Of America is located in Metairie, LA. 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 12/2021, Boy Scouts Of America generated $761.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $231.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TRUST FUND REPRESENTS FUNDS THAT ARE LEGALLY RESTRICTED, AND MANAGED BY A SEPARATE COMMITTEE OF TRUSTEES. INVESTMENT FUNDS ARE RESTRICTED TO ENSURE THAT THE COUNCIL WILL HAVE A PERPETUAL FUND THAT WILL GENERATE INCOME TO BE USED FOR FUTURE OPERATIONS IN THE NEW ORLEANS AREA COUNCIL, BOY SCOUTS OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST FUND MAINTAINS FUNDS THAT ARE LEGALLY RESTRICTED AND MANAGED BY A SEPARATE BOARD OF TRUSTEES. IT ALSO OWNS A BUILDING FROM WHICH RENTAL INCOME IS PRODUCED AND SUBSEQUENTLY INVESTED IN MARKETABLE SECURITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 0 | $21,410 | |
Frank Stewart Board Member | Trustee | 0.5 | $0 |
Donald T Bollinger Board Member | Trustee | 0.5 | $0 |
Ken Pickering Board Member | Trustee | 0.5 | $0 |
Bill Metcalf Board Member | Trustee | 0.5 | $0 |
Jim Letten Board Member | Trustee | 0.5 | $0 |
Financial Statements
| 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 | $1,760 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,760 |
| Total Program Service Revenue | $0 |
| Investment income | $19,612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $196,294 |
| Net Gain/Loss on Asset Sales | $536,669 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $760,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $231,691 |
| 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 | $0 |
| 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 | $231,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,463,081 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,143 |
| 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 | $7,883 |
| Net Land, buildings, and equipment | $904,149 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,239,656 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,563 |
| Total assets | $4,705,475 |
| Accounts payable and accrued expenses | $1,375 |
| 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 | $17,336 |
| Total liabilities | $18,711 |
| Net assets without donor restrictions | $4,133,952 |
| Net assets with donor restrictions | $552,812 |
| 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 | $4,705,475 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Boy Scouts Of America has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Disaster Aid Usa Incorporated Lanham, MD PURPOSE: CAMP GROUNDS BRIDGE REPAIR. | $10,000 |
Disaster Aid Usa Incorporated Lanham, MD PURPOSE: CAMP GROUNDS BRIDGE REPAIR. | $10,000 |
Endowment Analysis
| Beg. Balance | $4,267,291 |
| Earnings | $417,713 |
| Net Contributions | $1,760 |
| Ending Balance | $4,686,764 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trust U W Of J B Ohara Dallas, TX | $37,870,054 | $2,024,131 |
Boy Scouts Of America Hurst, TX | $60,498,593 | $3,786,022 |
Boy Scouts Of America Lubbock, TX | $4,354,735 | $560,021 |
Kidspace Van Buren, AR | $232,079 | $1,124,204 |
Boy Scouts Of America Abilene, TX | $4,058,814 | $1,115,069 |
High Sky Childrens Ranch Endowment Inc Midland, TX | $20,163,755 | $2,220,256 |
R G & Claudine Pope Peeler Charitable Tr Amarillo, TX | $8,418,322 | $40,136 |
Hay Center Foundation Houston, TX | $2,849,365 | $1,092,300 |
Camp Wisdom Inc Dallas, TX | $5,947,164 | $108,429 |
Boy Scouts Of America Tyler, TX | $6,485,292 | $88,002 |
Bgcsa Mays Branch Inc San Antonio, TX | $6,335,921 | $258,626 |
The Fort Smith Boys Club Charitable Foundation Trust Fort Smith, AR | $6,279,947 | $657,220 |