Parents Club Of Boy Scout Troop 497 Inc
- Assets
- $226.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parkton, MD
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 52-2075563
Organization Overview
Parents Club Of Boy Scout Troop 497 Inc is located in Parkton, MD. The organization was established in 1998. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parents Club Of Boy Scout Troop 497 Inc 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 12/2023, Parents Club Of Boy Scout Troop 497 Inc generated $43.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $75.9k during the year ending 12/2023. While expenses have increased by 28.5% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DONATIONS TO BOYS SCOUT TROOP 497($47,755), BOY SCOUT TROOP 216 ($2,500 -SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Leonhardt President | 1 | $0 | |
Anthony Minakowski Board Member | 1 | $0 | |
James Lindsey Treasurer | 1 | $0 | |
Ramon Palmer Secretary | 1 | $0 | |
Brad Boutilier Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,825 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,327 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,723 |
| Other Revenue | $0 |
| Total Revenue | $43,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,238 |
| Total expenses | $75,889 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $226,438 |
| Other assets | $0 |
| Total assets | $226,438 |
| Total liabilities | $0 |
| Net assets or fund balances | $226,438 |