Overview
What is Marin Council Boy Scout Trust Fund No 2?
The Marin Council Boy Scout Trust Fund No 2 is a vital financial resource for the Marin Council Boy Scouts of America, a nonprofit organization located in San Rafael, California. The trust fund relies on contributions and camp operations for its income, but during certain operational periods, there might be a revenue shortfall, necessitating the use of interest earned by the trust fund to supplement the organization's activities. This support ensures the continuity of the Scouting program, which positively impacts around 2,000 youth in Marin County, many of whom benefit from outreach programs. The main objective of the Marin Council Boy Scout Trust Fund No 2 is to maintain and sustain the Scouting program in Marin County, California.
Official website here: www.boyscouts-marin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Star rating.
The Marin Council Boy Scout Trust Fund No 2 has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a score of 97%, the organization demonstrates effective management of its resources, evidenced by a program expense ratio of 94.97%, indicating that the vast majority of its funds are directed toward programs rather than administrative costs.
The organization boasts a fully independent board, with 100% of its board members being independent, which enhances its governance and decision-making processes. Additionally, it has robust policies in place regarding conflicts of interest, whistleblower protections, and document retention, all of which contribute to transparency and ethical management. The asset-liability ratio of just 0.19% further suggests sound financial health.
While no significant limitations were noted in the data, the organization’s reliance on a single beacon score emphasizes the importance of maintaining strong financial practices and governance to uphold its exceptional rating. Overall, the Marin Council Boy Scout Trust Fund No 2 exemplifies a well-managed nonprofit that effectively supports its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Marin Council Boy Scout Trust Fund No 2 legitimate?
Marin Council Boy Scout Trust Fund No 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marin Council Boy Scout Trust Fund No 2 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
Official website here: www.boyscouts-marin.org
What is the mission statement of Marin Council Boy Scout Trust Fund No 2?
The Marin Council Boy Scout Trust Fund No 2's mission is primarily focused on supporting and maintaining the Boy Scout program in its operational area. This organization serves approximately 2,000 youth in Marin County, with a significant number being part of outreach programs. During periods when the Boy Scouts of America 35 Marin Council's operational activities face financial shortfalls, the interest earned from the Marin Council Boy Scout Trust Fund is utilized to supplement their operations. In essence, the trust fund's role is to ensure the smooth running of the Boy Scout program in the county, providing necessary financial support when required.
Official website here: www.boyscouts-marin.org
Who is the CEO of Marin Council Boy Scout Trust Fund No 2?
Nestor Schnasse is the Trustee of Marin Council Boy Scout Trust Fund No 2.
Official website here: www.boyscouts-marin.org
What is the revenue of Marin Council Boy Scout Trust Fund No 2?
Marin Council Boy Scout Trust Fund No 2's revenue in 2022 was $481,907.
Official website here: www.boyscouts-marin.org
Who are the executives of Marin Council Boy Scout Trust Fund No 2 and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $159,651
- Other: $26,863
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Official website here: www.boyscouts-marin.org
Where can I find the form 990 for Marin Council Boy Scout Trust Fund No 2?
Marin Council Boy Scout Trust Fund No 2's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.boyscouts-marin.org
Learn more at the official website: www.boyscouts-marin.org
Mission Statement of Marin Council Boy Scout Trust Fund No 2
The Marin Council Boy Scout Trust Fund No 2 is dedicated to maintaining and supporting the Scouting program in Marin County, California. This nonprofit organization plays a crucial role in ensuring the continuation of Boy Scout activities within the area. During periods when operational revenues may fall short, the interest earned from the Marin Council Boy Scout Trust Fund is utilized to supplement the financial needs of the Boy Scouts of America, Marin Council. This fund helps in running the various programs that reach approximately 2,000 youth in Marin County, many of whom are part of outreach programs. By providing financial assistance, the Marin Council Boy Scout Trust Fund No 2 contributes to the overall success and continuity of the Scouting program in Marin County.
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Impact
July, 2024
The impact of Marin Council Boy Scout Trust Fund No 2 is crucial in maintaining and supporting the scouting program in Marin County, California. This fund plays a vital role in ensuring that the Marin Council Boy Scouts of America can continue to provide a quality program for approximately 2,000 youth in the county. By supplementing operational activities during periods of financial shortfall, the Trust Fund helps sustain outreach programs and other initiatives that benefit the local community. Through its support, the Trust Fund contributes to the positive youth development of participants and helps instill valuable life skills through the Scouting program.
This information is meant to be a general summary of Marin Council Boy Scout Trust Fund No 2. 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: -$27,412
- Gross Receipts: $481,907
Assets and Liabilities:
- Total Assets: $4,025,023
- Total Liabilities: $7,998
- Net Assets: $4,017,025
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Organization Details
Founding Year
1994
Phone
(415) 454-1081Principal Officer
Nestor Schnasse
Main Address
225 WEST END AVENUE, SAN RAFAEL, CA, 94901
Website
www.boyscouts-marin.orgNTEE Category
Code: O114 - Youth development
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