Overview
What is Northern Star Council Trust?
Northern Star Council Trust is a charitable organization, specifically dedicated to providing financial assistance to the Northern Star Council, an affiliate of Boy Scouts of America. This council aims to foster the growth of young individuals into healthy, responsible citizens and leaders within their families, communities, and the world. The Northern Star Council Trust's mission is to support the council's youth and volunteer programs, ensuring the continued success of these initiatives. The trust is based in Fort Snelling, Minnesota, with the specific address provided in the information array.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Northern Star Council Trust has received a Three-Star rating from Charity Navigator, reflecting a solid score of 75% based on its Accountability & Finance metrics. This rating indicates that the organization demonstrates a good level of financial health and transparency, which is crucial for maintaining donor trust and support.
The organization excels in several areas, including having a fully independent board, which scored a perfect 8 out of 8 points. It also has robust financial oversight, with an Audit and Oversight Committee scoring 15 out of 15. Additionally, Northern Star Council Trust shows excellent management of resources, as evidenced by a program expense ratio of 95.58%, meaning that the vast majority of its expenses are directed towards its programs rather than administrative costs.
Despite these strengths, the rating is solely based on the Accountability & Finance beacon, and there might be other factors to consider regarding its overall impact and effectiveness in achieving its mission. However, the absence of material asset diversion and a perfect liability to assets ratio suggests financial stability, which is a positive sign for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Northern Star Council Trust legitimate?
Northern Star Council Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Star Council Trust 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 Northern Star Council Trust?
The Northern Star Council Trust's mission is centered around providing financial support to the Northern Star Council, an affiliate of Boy Scouts of America. This support is aimed at bolstering the youth and volunteer programs within the council. By doing so, the trust contributes to the development of young individuals, fostering their growth into healthy, contributing citizens and leaders in their families, communities, and the world at large. The Northern Star Council, in turn, helps shape the next generation through its programs, promoting values of leadership and community engagement.
Who is the CEO of Northern Star Council Trust?
Northern Star Council Boy Scouts Of is the Corporate Tr of Northern Star Council Trust.
What is the revenue of Northern Star Council Trust?
Northern Star Council Trust's revenue in 2022 was $1,268,916.
Who are the executives of Northern Star Council Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $376,840
- Other: $41,607
- Compensation: $0
- Related: $155,091
- Other: $27,796
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Northern Star Council Trust?
Northern Star Council Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northern Star Council Trust
The Northern Star Council Trust is a dedicated organization with a mission to financially support the Northern Star Council, a part of Boy Scouts of America. This support is primarily aimed at bolstering the youth and volunteer programs under the council's umbrella. By providing financial assistance, the Northern Star Council Trust enables the council to foster the development of young individuals, turning them into healthy, contributing citizens and leaders in their families, communities, and beyond. The ultimate goal is to empower these youth to make a positive impact on the world.
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Impact
July, 2024
The impact of the Northern Star Council Trust is significant as it provides essential financial support to the Northern Star Council, Boy Scouts of America. This support directly benefits youth and volunteer programs within the council, helping to lead young individuals towards becoming healthy, contributing citizens and leaders in their families, communities, and the world. By distributing funds to the Northern Star Council, the Trust plays a vital role in shaping the future of youth development and enriching the lives of countless individuals.
This information is meant to be a general summary of Northern Star Council Trust. 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: $580,681
- Gross Receipts: $17,423,288
Assets and Liabilities:
- Total Assets: $33,607,009
- Total Liabilities: $0
- Net Assets: $33,607,009
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Organization Details
Founding Year
1972
Phone
(612) 261-2300Principal Officer
Northern Star Council Boy Scouts Of
Main Address
6202 BLOOMINGTON ROAD, FORT SNELLING, MN, 55111
NTEE Category
Code: O40 - Youth development
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