BOY SCOUTS OF AMERICA MECKLENBURG COUNTY COUNCIL (EIN 560529957) - Form 990 Financial Analysis & Trantor Score

🔒

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

1941

Legal Domicile

Principal Officer

MARK A TURNER

Phone

7043335471

Tax Period

2024-01-01 to 2024-12-31

BOY SCOUTS OF AMERICA MECKLENBURG COUNTY COUNCIL, founded in 1941, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Net assets of $16.4M represent 65 months of operating reserves.

Mission

THE MISSION OF THE BOY SCOUTS OF AMERICA IS TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL DECISIONS OVER THIR LIFETIMES BY INSTILLING IN THEM THE VALUES OF THE SCOUT OATH AND LAW. THE BSA POSITIVELY IMPACTS YOUTH AND FAMILIES BY PROMOTING EDUCATIONAL, RECREATIONAL, CAREER AND LEADERSHIP PROGRAMS OF SCOUTING IN ADDITION TO IMPACTING SCHOLASTIC SUCCESS, RISK BEHAVIORS AND SELF SUFFICIENCY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,530,443

Program Service Revenue $576,479

Investment Income $139,527

Other Revenue $782,185

TOTAL REVENUE $3,028,634

Expense Breakdown

Grants Paid $17,228

Salaries & Benefits $1,474,391

Fundraising Expenses $259,359

Program Expenses $2,679,241

Other Expenses $1,620,513

TOTAL EXPENSES $3,112,132

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,028,634	$4,129,855	-0.3%
Expenses	$3,112,132	$3,245,277	0.0%
Net Income	$-83,498	$884,578	-1.1%

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

113

Volunteers

1900

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

Total Directors

Key Employees

$278,555

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD CARTER	COUNCIL PRESIDENT	2.00	Officer Director	$0	$0	$0
TERRY WARRREN HUNEYCUTT	TREASURER	2.00	Officer Director	$0	$0	$0
JOSEPH W GRIER III	COUNCIL ATTORNEY	2.00	Officer Director	$0	$0	$0
ROBERT M WEBB	VP EXPLORING	2.00	Officer Director	$0	$0	$0
MATT HALL	VP MEMBERSHIP	2.00	Officer Director	$0	$0	$0
MARK L DENT	VP PROPERTIES	2.00	Officer Director	$0	$0	$0
JOHN H SEQUEIRA	VP STRATEGIC PLANNING	2.00	Officer Director	$0	$0	$0
ROBERT SEATE III	COUNCIL COMMISSIONER	2.00	Officer Director	$0	$0	$0
RUSS DANIEL	ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
KEN MAY	VP RISK	2.00	Officer Director	$0	$0	$0
ERIC DAVIS	VP MARKETING/PR	2.00	Officer Director	$0	$0	$0
G MACK PATTERSON	VP PROGRAM	2.00	Officer Director	$0	$0	$0
TOMMY LEE HAYES-BROWN	VP SCOUT REACH	2.00	Officer Director	$0	$0	$0
BARRY WEISS	VP DEVELOPMENT	2.00	Officer Director	$0	$0	$0
CRAIG MAY	VP GOVERNENCE	2.00	Officer Director	$0	$0	$0
STEVE JEIGER	PAST COUNCIL PRESIDENT	2.00	Officer Director	$0	$0	$0
MARK TURNER	SCOUT EXECUTIVE	40.00	Key Emp	$260,913	$17,642	$278,555

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	$3,028,634	$3,112,132	$16,851,032	$-83,498
2023	$4,129,855	$3,245,277	$16,130,545	$884,578
2022	$3,623,487	$2,960,048	$15,887,960	$663,439
2021	$5,241,023	$2,885,533	$20,310,218	$2,355,490
2020	$2,542,307	$2,794,129	$19,141,215	$-251,822
2019	$4,160,023	$3,658,622	$18,243,723	$501,401
2018	$4,125,154	$3,435,230	$17,185,758	$689,924

BOY SCOUTS OF AMERICA MECKLENBURG COUNTY COUNCIL