Boy Scouts of America Rainbow Council

EIN: 362169129 501(c)(3)

Lockport, IL

Total Revenue
$1,078,155
Total Expenses
$1,315,607
Total Assets
$3,740,050
Net Assets
$3,300,774
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
IL
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 RAINBOW COUNCIL BOY SCOUTS OF AMERICA OPERATES A CAMPSITE IN MORRIS, ILLINOIS WITH SCOUTING

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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 (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
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
26
Independent Members
26
Employees
52
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
4
$180,608
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
1
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
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