Overview
What is Boy Scouts Of America Trust Fund Burlington County Council 690?
Boy Scouts of America Trust Fund Burlington County Council 690, located in Westampton, New Jersey, is a nonprofit organization primarily dedicated to the development of youth. This scouting group, identified as Burlington County Council TR Fu, reported no program service expenses during the year. Instead, income derived from investments was channeled to Garden State Council, Inc. #690, further emphasizing their commitment to nurturing and supporting the growth of young individuals. The organization's mission falls under the broader category of scouting, aiming to promote positive values and skills among its members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%
The Boy Scouts of America Trust Fund Burlington County Council 690 has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While the organization has a fully independent board and has implemented essential governance policies, the overall score reflects serious weaknesses in its financial management, particularly highlighted by a 0% program expense ratio.
Strengths of the organization include a commitment to independent governance, with 100% of board members being independent and the presence of policies addressing conflicts of interest, whistleblowing, and document retention. These factors suggest a level of oversight that is in line with best practices for nonprofit management. However, these positives are overshadowed by the lack of financial transparency, as indicated by the missing tax form on its website and a substantial proportion of assets not being allocated to programs.
Overall, the nonprofit's financial management raises red flags, particularly with the liabilities to assets ratio being reported at 0%. This indicates potential financial instability or inadequate investment in its mission-related activities. As such, stakeholders should approach this organization with caution, recognizing the need for improvements in its financial planning and reporting practices.
This AI summary has been generated from information found on Charity Navigator.
Is Boy Scouts Of America Trust Fund Burlington County Council 690 legitimate?
Boy Scouts Of America Trust Fund Burlington County Council 690 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boy Scouts Of America Trust Fund Burlington County Council 690 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Boy Scouts Of America Trust Fund Burlington County Council 690?
The Boy Scouts Of America Trust Fund Burlington County Council 690 is an organization dedicated to the development of youth. While not provided with specific mission details, it can be inferred from their focus on scouting that their mission likely involves promoting character development, leadership skills, and outdoor experiences for young individuals. During the year, they had no program service expenses, but income from investments was transferred to another entity.
Who is the CEO of Boy Scouts Of America Trust Fund Burlington County Council 690?
See Attached List is the Trustee of Boy Scouts Of America Trust Fund Burlington County Council 690.
What is the revenue of Boy Scouts Of America Trust Fund Burlington County Council 690?
Boy Scouts Of America Trust Fund Burlington County Council 690's revenue in 2022 was -$12,386.
Who are the executives of Boy Scouts Of America Trust Fund Burlington County Council 690 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Boy Scouts Of America Trust Fund Burlington County Council 690?
Boy Scouts Of America Trust Fund Burlington County Council 690's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boy Scouts Of America Trust Fund Burlington County Council 690
The Boy Scouts of America Trust Fund Burlington County Council 690, in essence, is dedicated to fostering the growth and development of young individuals. This organization, while not incurring any program service expenses during the year, manages a trust account from which income generated from investments is channeled to Garden State Council, Inc. #690 ein# 21-0634574. While the provided information does not elaborate on the specific activities or programs through which this development occurs, it is clear that the Boy Scouts of America Trust Fund Burlington County Council 690 is committed to contributing positively to the lives of youth.
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Impact
October, 2024
The Boy Scouts of America Trust Fund Burlington County Council 690 plays a vital role in the development of youth in Westampton, NJ. By focusing on youth development, the organization shapes character, promotes leadership, and encourages community engagement among young people. Although there were no program service expenses reported during the year, the trust fund's income from investments supports broader efforts within the scouting community, specifically through its partnership with Garden State Council, Inc. This collaboration ensures that resources are effectively allocated to enhance scouting programs, ultimately benefiting local youth by providing them with valuable experiences and opportunities for personal growth.
This information is meant to be a general summary of Boy Scouts Of America Trust Fund Burlington County Council 690. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$80,575
- Gross Receipts: $1,378,910
Assets and Liabilities:
- Total Assets: $1,681,596
- Total Liabilities: $0
- Net Assets: $1,681,596
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Organization Details
Founding Year
1925
Phone
(609) 261-5850Principal Officer
See Attached List
Main Address
693 RANCOCAS ROAD, WESTAMPTON, NJ, 08060
NTEE Category
Code: O40 - Youth development
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