Northwest Texas Council of Boy Scouts of America

EIN: 750800620 501(c)(3)

Wichita Falls, TX

Total Revenue
$683,887
Total Expenses
$648,811
Total Assets
$3,259,838
Net Assets
$3,217,644
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
TX
Principal Officer
Mike Lockstone
Phone
9406962735
Tax Period
2024-01-01 to 2024-12-31

Northwest Texas Council of Boy Scouts of America, founded in 1946, is a small nonprofit that reported $684K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $649K left a modest 5% surplus.

Mission

The council is devoted to promoting the ability of boys, young men and women to do things for themselves and others, training them in scoutcraft, teaching patriotism, courage, and self-reliance. The council also prepares them to make ethical choices over their lifetimes.

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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 $497,085
Program Service Revenue $25,845
Investment Income $132,641
Other Revenue $28,316
TOTAL REVENUE $683,887

Expense Breakdown

Grants Paid $0
Salaries & Benefits $277,927
Fundraising Expenses $55,903
Program Expenses $493,219
Other Expenses $370,884
TOTAL EXPENSES $648,811

Year-over-Year Comparison

2024 2023 Change
Revenue $683,887 $840,048 -0.2%
Expenses $648,811 $790,074 -0.2%
Net Income $35,076 $49,974 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
24
Independent Members
24
Employees
16
Volunteers
194

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
10
$145,755
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matt Simmons Council Commissioner 5.00
Officer Director
$0 $0 $0
Mike Lockstone Treasurer 5.00
Officer Director
$0 $0 $0
David Farabee Vice-President of Developm 5.00
Officer Director
$0 $0 $0
Darrel Kirkland Board Member 5.00
Director
$0 $0 $0
Vicki Yurcho Board Member 5.00
Director
$0 $0 $0
Rika Blake Board Member 5.00
Director
$0 $0 $0
Joey Deal President 5.00
Officer Director
$0 $0 $0
Chondra Palmer Vice-President of Membership 5.00
Officer Director
$0 $0 $0
Janice Sons Board Member 5.00
Director
$0 $0 $0
Tim Hunter Board Member 5.00
Director
$0 $0 $0
Dr Marcy Brown-Marsden Board Member 5.00
Director
$0 $0 $0
Dale Harvey Board Member 5.00
Director
$0 $0 $0
Chris Duhan Vice-President of Program 5.00
Officer Director
$0 $0 $0
James Hughes Board Member 5.00
Director
$0 $0 $0
Karen Hughes Vice-President of Governance 5.00
Officer Director
$0 $0 $0
Troy Farris Board Member 5.00
Director
$0 $0 $0
Dennis Probst Vice-President of Properti 5.00
Officer Director
$0 $0 $0
Richard Haddox Vice-President of Marketin 5.00
Officer Director
$0 $0 $0
Paul Hopkins Board Member 5.00
Director
$0 $0 $0
Mike Tugman Board Member 5.00
Director
$0 $0 $0
Keith Vaughn Board Member 5.00
Director
$0 $0 $0
Jim Hughes Board Member 5.00
Director
$0 $0 $0
Brandon Litteken Board Member 5.00
Director
$0 $0 $0
Robert Smith Board Member 5.00
Director
$0 $0 $0
Gregory B Brownfield Scout Executive 20.00
Officer
$122,961 $22,794 $145,755
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 $683,887 $648,811 $3,259,838 $35,076
2023 $840,048 $790,074 $3,245,608 $49,974
2022 $800,103 $634,789 $3,153,232 $165,314
2021 $874,052 $1,170,647 $3,875,970 $-296,595
2020 $902,702 $586,399 $3,728,031 $316,303
2019 $632,387 $662,879 $3,526,954 $-30,492
2018 $840,224 $746,503 $3,236,572 $93,721
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