Overview
What is Crossroads Of America Council Bsa Foundation Inc?
Crossroads Of America Council Bsa Foundation Inc, based in Indianapolis, Indiana, primarily focuses on managing the endowment fund of the Crossroads of America Council, Boy Scouts of America, Inc. This role involves overseeing investments and paying out fees to investment managers for their services, as indicated by the reported total program expense amount of $133,090. While the foundation's core activity is financial management, it plays a crucial role in supporting the Boy Scouts of America's initiatives in the Crossroads of America Council's region.
Official website here: www.crossroadsbsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Crossroads Of America Council Bsa Foundation Inc has achieved an impressive score of 96%, which reflects a strong emphasis on accountability and financial practices. This rating indicates that the organization operates with a high level of transparency and effective governance, as evidenced by its perfect score in areas such as independent board members and financial oversight.
The foundation demonstrates robust financial health with a 100% program expense ratio, meaning all of its expenses are directly related to its charitable mission. Additionally, the absence of material diversion of assets and the presence of key policies, like conflict of interest and whistleblower protections, further highlight its commitment to ethical management.
While the data presents a very positive picture overall, the focus on accountability and finance may not provide insights into the foundation's programmatic impact or community engagement. Nonetheless, the organization's strong governance structure positions it well for continued success in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Crossroads Of America Council Bsa Foundation Inc legitimate?
Crossroads Of America Council Bsa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossroads Of America Council Bsa Foundation Inc 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.crossroadsbsa.org
What is the mission statement of Crossroads Of America Council Bsa Foundation Inc?
The Crossroads Of America Council BSA Foundation Inc's primary role is to manage the endowment fund of the Crossroads of America Council, Boy Scouts of America, Inc. This mission involves overseeing the investment of funds to ensure their growth and sustainability. A portion of these funds, specifically $133,090, is allocated annually to investment managers for their services in managing the investments. The foundation's activities primarily revolve around managing this endowment fund, contributing to the financial well-being of the Crossroads of America Council, Boy Scouts of America, Inc.
Official website here: www.crossroadsbsa.org
Who is the CEO of Crossroads Of America Council Bsa Foundation Inc?
Joseph E Wiltrout is the Trustee, Chair of Crossroads Of America Council Bsa Foundation Inc.
Official website here: www.crossroadsbsa.org
What is the revenue of Crossroads Of America Council Bsa Foundation Inc?
Crossroads Of America Council Bsa Foundation Inc's revenue in 2022 was $925,602.
Official website here: www.crossroadsbsa.org
Who are the executives of Crossroads Of America Council Bsa Foundation Inc and what are their salaries?
There 10 volunteers at Crossroads Of America Council Bsa Foundation Inc.
Here are 10 key members and their salaries:
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Official website here: www.crossroadsbsa.org
Where can I find the form 990 for Crossroads Of America Council Bsa Foundation Inc?
Crossroads Of America Council Bsa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crossroadsbsa.org
Learn more at the official website: www.crossroadsbsa.org
Mission Statement of Crossroads Of America Council Bsa Foundation Inc
Crossroads of America Council BSA Foundation Inc is dedicated to managing the endowment fund of the Crossroads of America Council, Boy Scouts of America, Inc. In essence, this foundation's primary role is to oversee and manage the financial investments associated with this council's endowment fund. The foundation's activities are instrumental in contributing to the overall budget of the Crossroads of America Council, Boy Scouts of America, Inc., as demonstrated by the payment of $133,090 to investment managers for investment management fees from the total program expense amount. By effectively managing this endowment fund, Crossroads of America Council BSA Foundation Inc plays a crucial role in supporting the activities and initiatives of the Crossroads of America Council, Boy Scouts of America, Inc., ultimately contributing to the organization's long-term financial stability.
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Impact
July, 2024
The impact of Crossroads Of America Council Bsa Foundation Inc is focused on youth development through managing the endowment fund of the Crossroads of America Council, Boy Scouts of America. This organization plays a crucial role in supporting the Boy Scouts programs and initiatives that help in the holistic development of young individuals. Through their work, they contribute to the growth, skills development, and character building of the youth involved in the Boy Scouts of America programs.
This information is meant to be a general summary of Crossroads Of America Council Bsa Foundation Inc. 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: -$76,209
- Gross Receipts: $17,344,206
Assets and Liabilities:
- Total Assets: $16,957,701
- Total Liabilities: $0
- Net Assets: $16,957,701
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Organization Details
Founding Year
2001
Phone
(317) 813-7125Principal Officer
Joseph E Wiltrout
Main Address
7125 FALL CREEK ROAD NORTH, INDIANAPOLIS, IN, 46256
Website
www.crossroadsbsa.orgNTEE Category
Code: O19 - Youth development
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