BOY SCOUTS OF AMERICA 480 LAST FRONTIER COUNCIL TRUST

EIN: 237161175 501(c)(3) Youth Development

OKLAHOMA CITY, OK

Total Revenue
$336,704
Total Expenses
$438,302
Total Assets
$9,632,719
Net Assets
$9,632,719
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
OK
Principal Officer
JEFF WOOLSEY
Phone
4058401114
Tax Period
2024-01-01 to 2024-12-31

BOY SCOUTS OF AMERICA 480 LAST FRONTIER COUNCIL TRUST, founded in 1947, is a small nonprofit in the Youth Development sector that reported $337K in total revenue in fiscal year 2024. Revenue surged 1428% from the prior year, signaling strong growth momentum. Expenses of $438K exceeded revenue, resulting in a 30% operating deficit.

Mission

THE MISSION OF THE BOY SCOUTS OF AMERICA IS TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL AND MORAL CHOICES OVER THEIR LIFETIMES BY INSTILLING IN THEM THE VALUES OF THE SCOUT OATH AND SCOUT LAW.

Program Service Accomplishments

Program 1
Expenses: $412,397 Revenue: $0

FINANCIALLY SUPPORT THE LAST FRONTIER COUNCIL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $298,786
Other Revenue $37,918
TOTAL REVENUE $336,704

Expense Breakdown

Grants Paid $412,397
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $412,397
Other Expenses $25,905
TOTAL EXPENSES $438,302

Year-over-Year Comparison

2024 2023 Change
Revenue $336,704 $22,032 +14.3%
Expenses $438,302 $439,911 0.0%
Net Income $-101,598 $-417,879 -0.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
N/A
Volunteers
13

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$326,101
Total Directors
14
$326,101
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF WOOLSEY SCOUT EXECUTIVE/CEO 1.00
Officer Director
$0 $28,756 $326,101
BOB SPINKS PRESIDENT 1.00
Officer Director
$0 $0 $0
CATHERINE ARMITAGE TRUSTEE 1.00
Director
$0 $0 $0
DAVID CARPENTER TRUSTEE 1.00
Director
$0 $0 $0
JUSTIN DICK TRUSTEE 1.00
Director
$0 $0 $0
CW RUSS HARRISON TRUSTEE 1.00
Director
$0 $0 $0
CHARLES JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
E CAREY JOULLIAN IV TRUSTEE 1.00
Director
$0 $0 $0
TRAVIS MASON TRUSTEE 1.00
Director
$0 $0 $0
KELLY MOODY TRUSTEE 1.00
Director
$0 $0 $0
PHIL PIPPIN TRUSTEE 1.00
Director
$0 $0 $0
PATRICK ROONEY TRUSTEE 1.00
Director
$0 $0 $0
JASON STRASSER TRUSTEE 1.00
Director
$0 $0 $0
DOUGLAS STUSSI TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $336,704 $438,302 $9,632,719 $-101,598
2023 $22,032 $439,911 $9,570,089 $-417,879
2022 $1,082,390 $450,354 $8,687,174 $632,036
2021 $1,943,404 $396,272 $10,627,241 $1,547,132
2020 $564,645 $355,242 $8,799,090 $209,403
2019 $819,528 $334,405 $7,989,746 $485,123
2018 $436,336 $313,614 $6,797,094 $122,722
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