Boy Scouts Of America is located in Colorado Springs, CO. 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 92 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 $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) 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 DECISIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Machamer Scout Executive | OfficerTrustee | 40 | $149,138 |
Karl Falk Chairman | OfficerTrustee | 2 | $0 |
Steven Post VP Finance | OfficerTrustee | 2 | $0 |
Steve Hayes VP Of Administration | OfficerTrustee | 2 | $0 |
Thomas Gearhart Treasurer | OfficerTrustee | 2 | $0 |
Adam Weitzel VP Program | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $1,971 |
Membership dues | $0 |
Fundraising events | $39,197 |
Related organizations | $0 |
Government grants | $145,600 |
All other contributions, gifts, grants, and similar amounts not included above | $396,344 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $583,112 |
Total Program Service Revenue | $1,409,791 |
Investment income | $42,934 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $15,238 |
Net Gain/Loss on Asset Sales | $154,926 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $158,565 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,486,161 |
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. | $163,409 |
Compensation of current officers, directors, key employees. | $5,507 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $618,562 |
Pension plan accruals and contributions | $47,964 |
Other employee benefits | $57,547 |
Payroll taxes | $73,341 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $97,301 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,095 |
Fees for services: Other | $146,984 |
Advertising and promotion | $5,140 |
Office expenses | $499,063 |
Information technology | $520 |
Royalties | $0 |
Occupancy | $258,527 |
Travel | $45,062 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,931 |
Interest | $31,156 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $140,884 |
Insurance | $89,966 |
All other expenses | $0 |
Total functional expenses | $2,396,131 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,826,883 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $569 |
Accounts receivable, net | $2,573 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $87,680 |
Prepaid expenses and deferred charges | $4,083 |
Net Land, buildings, and equipment | $6,221,746 |
Investments—publicly traded securities | $2,077,449 |
Investments—other securities | $120,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $586,166 |
Total assets | $11,927,149 |
Accounts payable and accrued expenses | $76,845 |
Grants payable | $0 |
Deferred revenue | $128,444 |
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 | $526,070 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,035,387 |
Total liabilities | $2,766,746 |
Net assets without donor restrictions | $4,602,980 |
Net assets with donor restrictions | $4,557,423 |
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 | $11,927,149 |
Over the last fiscal year, we have identified 3 grants that Boy Scouts Of America has recieved totaling $36,200.
Awarding Organization | Amount |
---|---|
Woodford Manufacturing Charities Inc Colorado Springs, CO PURPOSE: Charitable Purpose of the Organization | $26,506 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $9,258 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $436 |
Beg. Balance | $5,785,105 |
Earnings | $161,314 |
Admin Expense | $959 |
Net Contributions | $442,339 |
Ending Balance | $6,387,799 |
Organization Name | Assets | Revenue |
---|---|---|
Boy Scouts Of America Greeley, CO | $16,342,736 | $3,498,074 |
Boy Scouts Of America Denver, CO | $28,165,919 | $6,523,696 |
Boy Scouts Of America Ogden, UT | $45,580,245 | $3,636,927 |
Utah National Parks Council 591 Boy Scouts Of America Ogden, UT | $12,285,464 | $3,718,027 |
Boy Scouts Of America Tulsa, OK | $42,004,203 | $5,735,723 |
Boy Scouts Of America Scottsdale, AZ | $15,350,751 | $5,300,732 |
Boy Scouts Of America Oklahoma City, OK | $27,501,468 | $5,494,989 |
Trapper Trails Council - Boy Scouts Of America 589 Ogden, UT | $6,657,370 | $3,868,935 |
Boy Scouts Of America Colorado Springs, CO | $11,927,149 | $2,486,161 |
Boy Scouts Of America Wichita, KS | $7,351,189 | $2,408,875 |
Boy Scouts Of America Walton, NE | $4,310,372 | $939,925 |
Boy Scouts Of America Salina, KS | $6,128,962 | $1,020,167 |