Pine Tree Council Bsa Trust Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 016011388 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Pine Tree Council Bsa Trust Fund?

The Pine Tree Council BSA Trust Fund is a charitable entity that channels its earnings to the Pine Tree Council Boy Scouts of America, situated in Raymond, Maine. This organization, in turn, provides various programs under the Boy Scouts of America umbrella. The trust fund's primary function is to distribute its income to support the activities and initiatives of the Pine Tree Council Boy Scouts of America, thereby contributing to their mission in Raymond, Maine.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, Two-Star out of Four Star Rating

The Pine Tree Council BSA Trust Fund has received a 74% score from Charity Navigator, resulting in a Two-Star rating. This rating reflects the charity's overall accountability and finance metrics, with an emphasis on its financial practices. The score indicates that while the nonprofit may have solid program expense ratios, there are significant areas for improvement regarding governance and transparency.

One of the strengths noted is the absence of any material diversion of assets, which suggests a responsible management of funds. The organization also has a conflict of interest policy, whistleblower policy, and document retention policies in place, all of which are crucial for maintaining organizational integrity. However, the complete lack of independent board members raises concerns about governance practices and accountability to stakeholders.

On the downside, the charity has not met several transparency benchmarks, including the absence of its website listed on its tax form and missing tax documents on its website. These gaps could hinder potential donors' ability to assess the charity's operations and trustworthiness. Overall, while the Pine Tree Council BSA Trust Fund demonstrates some positive financial practices, significant governance issues remain that could impact donor confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Pine Tree Council Bsa Trust Fund legitimate?

Pine Tree Council Bsa Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pine Tree Council Bsa Trust Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $12,659
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pine Tree Council Bsa Trust Fund?

The Pine Tree Council BSA Trust Fund's mission is centered around distributing its income. Specifically, it funds the activities of the Pine Tree Council Boy Scouts of America. This support aims to uphold the values and programs offered by the Boy Scouts of America, contributing to their operations and development. The trust does not have a stated mission beyond this financial support role.

Who is the CEO of Pine Tree Council Bsa Trust Fund?

Unavailable

What is the revenue of Pine Tree Council Bsa Trust Fund?

Pine Tree Council Bsa Trust Fund's revenue in 2022 was $65,562.

Who are the executives of Pine Tree Council Bsa Trust Fund and what are their salaries?


There is 1 key member and their salary:


M & T Bank (Trustee)
  • Compensation: $12,659
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pine Tree Council Bsa Trust Fund?

Pine Tree Council Bsa Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pine Tree Council Bsa Trust Fund

The Pine Tree Council BSA Trust Fund, as its name suggests, is a trust dedicated to distributing its income. This income is specifically channeled towards supporting the Pine Tree Council Boy Scouts of America, a branch of the Boy Scouts of America located in Raymond, Maine. The primary objective of the trust is to provide financial assistance to this organization, thereby enabling it to continue its operations and fulfill its mission. The Pine Tree Council Boy Scouts of America, being a part of the Boy Scouts of America, offers various programs and activities to its members, fostering personal growth, leadership development, and community involvement. The Pine Tree Council BSA Trust Fund plays a crucial role in ensuring the financial stability of this organization, thereby enabling it to continue its valuable work.

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Impact




August, 2024

The impact of the Pine Tree Council BSA Trust Fund is focused on supporting the youth development programs offered by the Pine Tree Council Boy Scouts of America in Raymond, ME. Through the distribution of its income, the Trust fund plays a crucial role in providing resources and opportunities for young individuals to participate in scouting activities, learn important life skills, and develop leadership qualities. By contributing to the growth and development of the youth in the community, the Trust Fund helps create a positive impact on the lives of many individuals, fostering a culture of learning, growth, and community engagement.




This information is meant to be a general summary of Pine Tree Council Bsa Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$65,562 (2022)
Expenses
$142,285 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,126
  • Gross Receipts: $371,577

Assets and Liabilities:

  • Total Assets: $1,334,449
  • Total Liabilities: $0
  • Net Assets: $1,334,449

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Organization Details

Founding Year

1965

Main Address

1100 NORTH MARKET STREET, WILMINGTON, DE, 198900001

NTEE Category

Code: O40 - Youth development

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