CAPE FEAR COUNCIL BOY SCOUTS OF AMERICA

EIN: 560529941 501(c)(3)

WILMINGTON, NC

Total Revenue
$1,642,378
Total Expenses
$1,589,615
Total Assets
$6,718,292
Net Assets
$6,427,792
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
NC
Principal Officer
KEVIN O'SHEA
Phone
9103951100
Tax Period
2024-01-01 to 2024-12-31

CAPE FEAR COUNCIL BOY SCOUTS OF AMERICA, founded in 1942, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $1.6M left a modest 3% surplus.

Mission

PROMOTE ABILITY OF BOYS, YOUNG MEN & WOMEN TO DO THINGS FORM THEMSELVES & OTHERS, TRAINING THEM IN SCOUTCRAFT & TEACHING THEM PATRIOTISM, COURAGE, SELF-RELIANCE & TO PREPARE THEM TO MAKE ETHICAL CHOICES IN THEIR LIVES.

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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 $772,009
Program Service Revenue $632,952
Investment Income $136,998
Other Revenue $100,419
TOTAL REVENUE $1,642,378

Expense Breakdown

Grants Paid $0
Salaries & Benefits $781,675
Fundraising Expenses $77,679
Program Expenses $1,356,577
Other Expenses $807,940
TOTAL EXPENSES $1,589,615

Year-over-Year Comparison

2024 2023 Change
Revenue $1,642,378 $1,780,228 -0.1%
Expenses $1,589,615 $1,647,002 0.0%
Net Income $52,763 $133,226 -0.6%
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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Governance

Voting Members
62
Independent Members
62
Employees
42
Volunteers
1278

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
11
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK BUIE VP FINANCE N/A
Officer Director
$0 $0 $0
JAMES STANLEY CARMICAL VP ADMINISTR N/A
Officer Director
$0 $0 $0
DAVID FLORY VICE PRESIDE N/A
Officer Director
$0 $0 $0
DAVID HARLING PRESIDENT N/A
Officer Director
$0 $0 $0
ANDREW JONES VP MEMBERSHI N/A
Officer Director
$0 $0 $0
SAMUEL PITTS VP MARKETING N/A
Officer Director
$0 $0 $0
TOMMY WALLACE VP PROGRAM N/A
Officer Director
$0 $0 $0
R BERTRAM WILLIAMS TREASURER N/A
Officer Director
$0 $0 $0
CARLTON WILLIAMSON VP DIVERSITY N/A
Officer Director
$0 $0 $0
SANDY WOOD VP PROPERTIE N/A
Officer Director
$0 $0 $0
KEVIN O'SHEA SCOUT EXECUT 40.00
Officer
$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 $1,642,378 $1,589,615 $6,718,292 $52,763
2023 $1,780,228 $1,647,002 $6,555,853 $133,226
2022 $1,181,366 $1,635,513 $6,486,242 $-454,147
2021 $1,512,591 $1,373,809 $6,991,481 $138,782
2020 $1,306,124 $1,370,673 $6,862,489 $-64,549
2019 $2,036,125 $1,701,979 $7,157,690 $334,146
2018 $1,536,878 $1,598,248 $6,394,739 $-61,370
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