Overview
What is Eighty Scouts Inc?
Eighty Scouts Inc is a nonprofit organization, whose main objective is to support local Boy Scout troop and Cub Scout packs. They allocate resources towards the provision of facilities and vehicles essential for scouting activities. By doing so, Eighty Scouts Inc plays a crucial role in fostering the scouting experience for young boys, contributing to their personal growth and development.
Official website here: www.eightyscouts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Eighty Scouts Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with a score of 76%. This rating indicates that the organization adheres to various financial standards and practices that promote transparency. The overall score is exclusively based on the Accountability & Finance beacon, suggesting a strong focus on these aspects.
The organization excels in several key areas, including having a fully independent board consisting of 20 members, and no reported material diversion of assets. Additionally, the program expense ratio is remarkably high at 96.99%, which implies that a large majority of its funds are directed towards its programs rather than administrative costs. The presence of board meeting minutes also demonstrates good governance practices.
However, there are notable limitations, particularly the absence of essential policies such as conflict of interest, whistleblower, and document retention policies. These missing elements could affect the overall governance and operational effectiveness of the organization. Despite these gaps, Eighty Scouts Inc maintains a strong financial position, as indicated by a liabilities to assets ratio of 0.00%.
This AI summary has been generated from information found on Charity Navigator.
Is Eighty Scouts Inc legitimate?
Eighty Scouts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eighty Scouts 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,586
For more financial information, click here
Official website here: www.eightyscouts.org
What is the mission statement of Eighty Scouts Inc?
Eighty Scouts Inc is committed to supporting both boy scout troop and cub scout packs. Their mission is to cover the expenses necessary for providing facilities and vehicles, ensuring the success of these scouting programs. The organization's primary goal is to contribute to the growth and development of young scouts by providing them with the necessary resources and opportunities. In essence, Eighty Scouts Inc aims to foster a positive scouting experience for its members.
Official website here: www.eightyscouts.org
What is the revenue of Eighty Scouts Inc?
Eighty Scouts Inc's revenue in 2023 was $38,284.
Official website here: www.eightyscouts.org
Who are the executives of Eighty Scouts Inc and what are their salaries?
The average compensation at Eighty Scouts Inc during 2023 was $1,586. There is 1 employee and 21 volunteers at Eighty Scouts Inc.
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Official website here: www.eightyscouts.org
Where can I find the form 990 for Eighty Scouts Inc?
Eighty Scouts Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eightyscouts.org
Learn more at the official website: www.eightyscouts.org
Mission Statement of Eighty Scouts Inc
Eighty Scouts Inc, a nonprofit organization, is dedicated to supporting both Boy Scout troop and Cub Scout packs. Their mission is to cover the necessary expenses for providing facilities and vehicles required for these scouting programs. By doing so, Eighty Scouts Inc aims to foster an engaging and enriching scouting experience for the young members of the troop and pack, enabling them to grow and develop in a positive environment.
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Impact
August, 2024
Eighty Scouts Inc has a significant impact on youth development in the AMARILLO area in TX. Their work directly supports the boy scout troop and cub scout pack, providing facilities and vehicles for scouting programs. By doing so, they create opportunities for young people to develop important skills, leadership abilities, and a sense of community. Through their dedication and support, Eighty Scouts Inc plays a crucial role in shaping the next generation of leaders and responsible citizens.
This information is meant to be a general summary of Eighty Scouts 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 2023.
- Investment Income: $744
- Gross Receipts: $133,217
Assets and Liabilities:
- Total Assets: $472,615
- Total Liabilities: $0
- Net Assets: $472,615
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Organization Details
Founding Year
1962
Principal Officer
Steven Banks
Website
www.eightyscouts.orgNTEE Category
Code: O400 - Youth development
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