Boy Scouts Of America

Organization Overview

Boy Scouts Of America is located in Denver, CO. The organization was established in 1965. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. 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 $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $986.6k during the year ending 12/2021. While expenses have increased by 3.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE FOR THE USE AND BENEFIT OF THE DENVER AREA COUNCIL BOY SCOUTS OF AMERICA.THE DENVER AREA COUNCIL BOY SCOUTS OF AMERICA TRUST IS A SUPPORTING ORGANIZATION OF THE BOY SCOUTS OF AMERICA, DENVER AREA COUNCIL #61. THE MISSION OF THE BOY SCOUTS OF AMERICA IS 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

AS PROVIDED BY THE ENDOWMENT TRUST DOCUMENT, AN AMOUNT EQUAL TO 4.5% OF THE TWELVE QUARTER ROLLING AVERAGE OF THE TRUST INVESTMENT BALANCES IS MADE AVAILABLE FOR GENERAL AND DONOR-SPECIFIED PURPOSES TO THE DENVER AREA COUNCIL, BOY SCOUTS OF AMERICA. THE ENDOWMENT DISTRIBUTION TOTALED $900,000 FOR THE YEAR ENDED DECEMBER 31, 2021.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$31,724
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$31,724
Total Program Service Revenue$0
Investment income $359,154
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,638,446
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,029,324

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Boy Scouts Of America has recieved totaling $6,500.

Awarding OrganizationAmount
Mdc Richmond American Homes Foundation

Denver, CO

PURPOSE: General Operating Support

$6,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$29,952,337
Earnings$4,858,612
Net Contributions$31,724
Grants-$900,000
Ending Balance$33,942,673

Create an account to unlock the data you need.

or