Boy Scouts of America Rainbow Coun… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1929

Legal Domicile

Principal Officer

Edward Karns

Phone

8159424450

Tax Period

2023-01-01 to 2023-12-31

Boy Scouts of America Rainbow Council, founded in 1929, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 22% operating deficit.

Mission

THE COUNCIL IS A NOT-FOR-PROFIT ORGANIZATION DEVOTED TO PROMOTING, WITHIN THE TERRITORY COVERED BY THE CHARTER FROM TIME TO TIME GRANTED TO IT BY THE BOY SCOUTS OF AMERICA AND IN ACCORDANCE WITH THE BYLAWS AND RULES AND REGULATIONS OF THE BOY SCOUTS OF AMERICA, THE SCOUTING

Program Service Accomplishments

Program 1

Expenses: $978,047 Revenue: $781,426

SCOUTING PROGRAN SERVING YOUNG PEOPLE IN WILL, GRUNDY, AND KANKAKEE COUNTIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $281,612

Program Service Revenue $676,075

Investment Income $35,787

Other Revenue $84,681

TOTAL REVENUE $1,078,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $696,672

Fundraising Expenses $168,524

Program Expenses $978,047

Other Expenses $606,243

TOTAL EXPENSES $1,315,607

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,078,155	$1,181,036	-0.1%
Expenses	$1,315,607	$1,150,891	+0.1%
Net Income	$-237,452	$30,145	-8.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

1148

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

$180,608

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edward Karns	CEO	40.0	Officer	$149,333	$31,275	$180,608
Peter Durkin	DIRECTOR OF DEVELOPMENT	40.0	Highest	$131,413	$0	$131,413
Jim Solari	Board Chairman	1.0	Officer Director	$0	$0	$0
Rich McCully	Council Commissioner	1.0	Director	$0	$0	$0
Ted Karns	Secretary	1.0	Officer Director	$0	$0	$0
John Harrington	Tresurer	1.0	Officer Director	$0	$0	$0
Keith Dobrolinsky	Vice President for Development	1.0	Director	$0	$0	$0
Melissa Rubik	Vice President for Membership	1.0	Director	$0	$0	$0
Casandra Archer	VP for Communication & Social	1.0	Director	$0	$0	$0
Tony Lake	Vice President of Program	1.0	Director	$0	$0	$0
Frank Andreano	Council Attorney	1.0	Director	$0	$0	$0
Robert Shrobba	Vice President of Properties	1.0	Director	$0	$0	$0
Erick Bennett III	Eagle Alumni Chairman	1.0	Director	$0	$0	$0
Wayne Draudt	Endowment Chairman	1.0	Director	$0	$0	$0
Anthony Marzano	Scout Safety Chairman	1.0	Director	$0	$0	$0
Brian Jackiw	Member at Large	1.0	Director	$0	$0	$0
Cal McCarty	Member at Large	1.0	Director	$0	$0	$0
Charlotte Harrington	Member at Large	1.0	Director	$0	$0	$0
Christina Van Yperen	Member at Large	1.0	Director	$0	$0	$0
David Konopko	Member at Large	1.0	Director	$0	$0	$0
Deb Richardson	Member at Large	1.0	Director	$0	$0	$0
Frederick Danielewicz	Member at Large	1.0	Director	$0	$0	$0
Jerry Nudera	Member at Large	1.0	Director	$0	$0	$0
Matthew Schore	Member at Large	1.0	Director	$0	$0	$0
Mike Duffee	Member at Large	1.0	Director	$0	$0	$0
Mike Lawler	Member at Large	1.0	Director	$0	$0	$0
Robert Chiszar	Member at Large	1.0	Director	$0	$0	$0
Tom Courtney	Member at Large	1.0	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	No data	No data	No data	No data
2023	$1,078,155	$1,315,607	$3,740,050	$-237,452
2022	$1,181,036	$1,150,891	$3,628,477	$30,145
2021	$1,197,751	$1,627,093	$4,917,603	$-429,342
2020	$519,470	$781,446	$4,524,277	$-261,976
2019	$1,137,036	$1,180,787	$4,449,218	$-43,751

Boy Scouts of America Rainbow Council