Boy Scouts Of America
- Assets
- $6.6m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 42
- Location
- Wilmington, NC
- Founding
- 11/1965
- Data as of
- 12/2023
- EIN
- 56-0529941
Organization Overview
Boy Scouts Of America is located in Wilmington, NC. 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 42 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 12/2023, Boy Scouts Of America generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ABILITY OF BOYS, YOUNG MEN & WOMEN TO DO THINGS FORM THEMSELVES & OTHERS, TRAINING THEM IN SCOUTCRAFT & TEACHING THEM PATRIOTISM, COURAGE, SELF-RELIANCE & TO PREPARE THEM TO MAKE ETHICAL CHOICES IN THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF SCOUTING PROGRAMS TO YOUTH IN AN EIGHT COUNTY AREA OF SOUTHEASTERN NORTH CAROLINA CONSISTING OF APPROXIMATELY 6,000 YOUTH THRU DENS, PACKS, AND CUB SCOUT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Buie VP Finance | OfficerTrustee | $0 | |
James Stanley Carmical VP Administr | OfficerTrustee | $0 | |
David Flory Vice Preside | OfficerTrustee | $0 | |
David Harling President | OfficerTrustee | $0 | |
Andrew Jones VP Membershi | OfficerTrustee | $0 | |
Samuel Pitts VP Marketing | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,733 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $806,006 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $811,739 |
| Total Program Service Revenue | $518,645 |
| Investment income | $333,405 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $116,439 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,780,228 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $622,230 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $140,538 |
| Payroll taxes | $48,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $67,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,048 |
| Advertising and promotion | $0 |
| Office expenses | $4,376 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $110,800 |
| Travel | $29,529 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,651 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $183,905 |
| Insurance | $72,525 |
| All other expenses | $26,186 |
| Total functional expenses | $1,647,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $474,590 |
| Savings and temporary cash investments | $428,586 |
| Pledges and grants receivable | $10,540 |
| Accounts receivable, net | $6,920 |
| 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 | $45,136 |
| Net Land, buildings, and equipment | $3,274,177 |
| Investments—publicly traded securities | $2,297,306 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,598 |
| Total assets | $6,555,853 |
| Accounts payable and accrued expenses | $10,696 |
| Grants payable | $0 |
| Deferred revenue | $226,863 |
| 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 | $84,272 |
| Total liabilities | $321,831 |
| Net assets without donor restrictions | $4,908,376 |
| Net assets with donor restrictions | $1,325,646 |
| 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 | $6,555,853 |