Overview
What is Milwaukee Boy Scout Fund?
The Milwaukee Boy Scout Fund is a charitable organization located at 330 South 84th Street, Milwaukee, Wisconsin. Its primary function involves managing investments and providing financial assistance to Three Harbors Council, Inc., part of the Boy Scouts of America. This support extends to various aspects, including the provision of land, land improvements, buildings, campsites, and other resources essential for scouting operations. By doing so, the Milwaukee Boy Scout Fund contributes to the growth and development of scouting activities within the council area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
The Milwaukee Boy Scout Fund has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored 94% in the Accountability & Finance category, indicating rigorous oversight and transparency in its operations. The charity benefits from a fully independent board, which is crucial for maintaining integrity and trust.
The fund demonstrates excellent financial stewardship with an impressive program expense ratio of 91.41%, meaning that a significant portion of its resources is directed towards its mission rather than administrative costs. Additionally, the organization has no liabilities, showcasing a solid financial position that allows it to invest more in community programs.
While the Milwaukee Boy Scout Fund excels in many areas, it is important for potential donors to consider the overall impact and outreach of the organization beyond financial metrics. Nonetheless, the high ratings in governance policies and financial management suggest that it is a responsible choice for supporting youth development activities.
This AI summary has been generated from information found on Charity Navigator.
Is Milwaukee Boy Scout Fund legitimate?
Milwaukee Boy Scout Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Boy Scout 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Milwaukee Boy Scout Fund?
The Milwaukee Boy Scout Fund manages investments and provides financial assistance to Three Harbors Council, Inc., an entity affiliated with Boy Scouts of America. Its primary goal is to support the scouting operations of Three Harbors Council, BSA, by providing necessary resources such as land, land improvements, buildings, campsites, and financial aid. The fund's mission aims to contribute to the overall growth and development of the Boy Scouts of America within its jurisdiction.
Who is the CEO of Milwaukee Boy Scout Fund?
Andrew Hardin is the CEO of Milwaukee Boy Scout Fund The CEO's salary of Milwaukee Boy Scout Fund is $0 and their total compensation is $223,535.
What is the revenue of Milwaukee Boy Scout Fund?
Milwaukee Boy Scout Fund's revenue in 2023 was -$837,966.
Who are the executives of Milwaukee Boy Scout Fund and what are their salaries?
There 8 volunteers at Milwaukee Boy Scout Fund.
Here are 10 key members and their salaries (Milwaukee Boy Scout Fund's CEO's salary is $0 and their total compensation is $223,535):
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- Related: $218,347
- Other: $5,188
Where can I find the form 990 for Milwaukee Boy Scout Fund?
Milwaukee Boy Scout Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Milwaukee Boy Scout Fund
The Milwaukee Boy Scout Fund plays a crucial role in supporting the financial needs of Three Harbors Council, Inc., an affiliate of Boy Scouts of America. This fund manages investments meticulously, ensuring a steady flow of financial assistance to the council. The primary objective of the Milwaukee Boy Scout Fund is to provide essential resources, such as land, land improvements, buildings, campsites, and financial aid, for scouting operations within the Three Harbors Council, BSA. Through its dedicated efforts, the Milwaukee Boy Scout Fund contributes significantly to the success and continuity of scouting activities, enabling thousands of young individuals to benefit from the Boy Scouts of America's programs and initiatives.
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Impact
July, 2024
Milwaukee Boy Scout Fund plays a significant role in supporting the Three Harbors Council, Inc., Boy Scouts of America. By managing investments and providing financial assistance, the fund ensures the availability of land, buildings, campsites, and other resources essential for scouting operations in the area. This support directly impacts youth development by enabling the Boy Scouts to provide valuable experiences and opportunities for growth to young individuals in Milwaukee and beyond.
This information is meant to be a general summary of Milwaukee Boy Scout 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $250,566
- Gross Receipts: $9,895,460
Assets and Liabilities:
- Total Assets: $11,756,950
- Total Liabilities: $0
- Net Assets: $11,756,950
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Organization Details
Founding Year
1939
Principal Officer
John Herbers
NTEE Category
Code: O40 - Youth development
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