Boy Scouts Of America
- Assets
- $32.6m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 144
- Location
- Louisville, KY
- Founding
- 11/1965
- Data as of
- 12/2021
- EIN
- 61-0445839
Organization Overview
Boy Scouts Of America is located in Louisville, KY. 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 144 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 $6.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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
TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL AND MORAL CHOICES OVER THEIR LIFETIMES, BY INSTILLING IN THEM, THE VALUES OF THE SCOUT OATH AND LAW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMPING
OTHER SCOUTING ACTIVITES
INDIRECT PROGRAM SERVICES REVENUES AND EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Pierce Executive Director | Officer | 40 | $203,572 |
David Sikes COO | Officer | 40 | $111,316 |
William Chip Adams III Board Member | Trustee | 0.5 | $0 |
Nicole Adell Board Member | Trustee | 0.5 | $0 |
Mark Ashburn Board Member | Trustee | 0.5 | $0 |
Walter E Anderson Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cook Home Construction Construction | 12/30/17 | $198,677 |
Cord Inc Purchasing Vend | 12/30/17 | $131,064 |
Adams Construction Construction | 12/30/17 | $386,012 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $28,330 |
| Membership dues | $0 |
| Fundraising events | $72,550 |
| Related organizations | $0 |
| Government grants | $957,532 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,208,128 |
| Noncash contributions included in lines 1a–1f | $20,120 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,266,540 |
| Total Program Service Revenue | $759,816 |
| Investment income | $907,991 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,481,916 |
| Net Income from Fundraising Events | $118,526 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $336,734 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,042,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,016 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $367,590 |
| Compensation of current officers, directors, key employees. | $21,229 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,498,937 |
| Pension plan accruals and contributions | $140,197 |
| Other employee benefits | $170,237 |
| Payroll taxes | $143,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $86,254 |
| Fees for services: Other | $13,562 |
| Advertising and promotion | $0 |
| Office expenses | $91,665 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $354,966 |
| Travel | $131,675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,425 |
| Interest | $0 |
| Payments to affiliates | $77,232 |
| Depreciation, depletion, and amortization | $595,122 |
| Insurance | $112,142 |
| All other expenses | $25,020 |
| Total functional expenses | $4,369,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,497,979 |
| Savings and temporary cash investments | $3,993,517 |
| Pledges and grants receivable | $666,055 |
| Accounts receivable, net | $483,876 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $57,139 |
| Prepaid expenses and deferred charges | $103,612 |
| Net Land, buildings, and equipment | $10,405,464 |
| Investments—publicly traded securities | $10,461,935 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,899,752 |
| Total assets | $32,569,329 |
| Accounts payable and accrued expenses | $705,681 |
| Grants payable | $0 |
| Deferred revenue | $32,928 |
| 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 | $3,934,425 |
| Total liabilities | $4,673,034 |
| Net assets without donor restrictions | $11,696,137 |
| Net assets with donor restrictions | $16,200,158 |
| 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 | $32,569,329 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boy Scouts Of America has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Elite Homes Charitable Foundation Inc Louisville, KY PURPOSE: SUPPORT OF THE BOY SCOUTS OF AMERICA | $500 |
Endowment Analysis
| Beg. Balance | $14,879,499 |
| Earnings | $2,643,642 |
| Other Expense | $4,060,091 |
| Ending Balance | $13,463,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boy Scouts Of America St Louis, MO | $35,114,546 | $12,584,712 |
Boy Scouts Of America Indianapolis, IN | $33,039,699 | $9,681,302 |
Boy Scouts Of America Kansas City, MO | $25,063,573 | $9,765,423 |
Boy Scouts Of America Columbus, OH | $14,149,565 | $5,049,823 |
Boy Scouts Of America Nashville, TN | $26,860,919 | $9,044,263 |
Boy Scouts Of America Cincinnati, OH | $13,756,997 | $5,610,410 |
Boy Scouts Of America Louisville, KY | $32,569,329 | $6,042,111 |
Boy Scouts Of America Vernon Hills, IL | $11,898,438 | $4,526,410 |
Boy Scouts Of America Knoxville, TN | $11,933,446 | $5,003,658 |
Boy Scouts Of America Cleveland, OH | $21,738,884 | $3,816,370 |
Boy Scouts Of America Springfield, MO | $4,665,977 | $1,889,948 |
Boy Scouts Of America Henrico, VA | $15,820,745 | $4,630,860 |