Boy Scouts Of America
- Assets
- $3.8m
- Revenue
- $1.1m
- Investments
- $2.0m
- Employees
- 24
- Location
- Waterloo, IA
- Founding
- 11/1965
- Data as of
- 12/2021
- EIN
- 42-0985053
Organization Overview
Boy Scouts Of America is located in Waterloo, IA. 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 12/2021, Boy Scouts Of America employed 24 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 $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 7.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE BOY SCOUTS OF AMERICA PROGRAM IN 17 COUNTIES WITHIN THE STATE OF IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COUNCIL'S PROGRAMS PROVIDE YEAR ROUND SCOUTING, CAMPING AND YOUTH DEVELOPMENT TO YOUTHS AND ADULTS IN 17 COUNTIES IN NORTH CENTRAL IOWA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Madison Scout Executive/secretary | Officer | 40 | $116,761 |
Stephen Carroll President | OfficerTrustee | 1 | $0 |
Chris Thierman Vp, Properties | OfficerTrustee | 1 | $0 |
Paul Lee Vp, Training | OfficerTrustee | 1 | $0 |
Janelle Ewing Vp, Risk Management/govern | OfficerTrustee | 1 | $0 |
Aaron Hobert Commissioner | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $6,257 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $210,748 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,215 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $399,220 |
| Total Program Service Revenue | $196,234 |
| Investment income | $41,497 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $262,707 |
| Net Income from Fundraising Events | $50,828 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $177,558 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,128,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,025 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,143 |
| Compensation of current officers, directors, key employees. | $13,914 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,638 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,370 |
| Payroll taxes | $23,377 |
| 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 | $10,373 |
| Fees for services: Other | $72,600 |
| Advertising and promotion | $0 |
| Office expenses | $32,068 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,616 |
| Travel | $17,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,960 |
| Interest | $462 |
| Payments to affiliates | $737,692 |
| Depreciation, depletion, and amortization | $51,229 |
| Insurance | $23,494 |
| All other expenses | $6,377 |
| Total functional expenses | $1,485,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,020,360 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $132,735 |
| Accounts receivable, net | $827 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,314 |
| Prepaid expenses and deferred charges | $29,382 |
| Net Land, buildings, and equipment | $452,261 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,976,457 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $147,008 |
| Total assets | $3,780,344 |
| Accounts payable and accrued expenses | $747,403 |
| Grants payable | $0 |
| Deferred revenue | $115 |
| 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 | $114,204 |
| Total liabilities | $861,722 |
| Net assets without donor restrictions | $2,280,652 |
| Net assets with donor restrictions | $637,970 |
| 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 | $3,780,344 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Boy Scouts Of America has recieved totaling $27,518.
| Awarding Organization | Amount |
|---|---|
Otto Schoitz Foundation Waterloo, IA PURPOSE: GRANT FOR SPECIFIC PROGRAM SUPPORT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,759 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,759 |
Endowment Analysis
| Beg. Balance | $1,377,255 |
| Earnings | $97,230 |
| Admin Expense | $7,246 |
| Net Contributions | $1,000 |
| Ending Balance | $1,468,239 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boy Scouts Of America Fort Snelling, MN | $39,420,415 | $15,893,265 |
Boy Scouts Of America St Louis, MO | $35,114,546 | $12,584,712 |
Boy Scouts Of America Kansas City, MO | $25,063,573 | $9,765,423 |
Boy Scouts Of America Appleton, WI | $36,461,364 | $4,308,192 |
Boy Scouts Of America Vernon Hills, IL | $11,898,438 | $4,526,410 |
Boy Scouts Of America Springfield, MO | $4,665,977 | $1,889,948 |
Boy Scouts Of America Des Moines, IA | $20,488,788 | $2,765,077 |
Boy Scouts Of America Weston, WI | $5,536,981 | $3,061,236 |
Boy Scouts Of America Quincy, IL | $6,724,035 | $1,520,221 |
Boy Scouts Of America Eau Claire, WI | $17,696,735 | $1,671,058 |
Boy Scouts Of America Milwaukee, WI | $7,272,497 | $3,041,519 |
Boy Scouts Of America Waukesha, WI | $3,548,040 | $2,046,992 |