Northwest Texas Council of Boy Sco… - Form 990 Financial Data

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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

1946

Legal Domicile

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 mission of the Boy Scouts of America is to prepare young people to make ethical choices over their lifetimes by instilling in them the values of the scout oath and law. The aims of the Boy Scouts of America is to promote character development, citizenship training and mental and physical fitness to youth in a twelve county area with a service center located in Wichita Falls.

Program Service Accomplishments

Program 1

Expenses: $493,219 Revenue: $85,487

Provides citizenship training, character building, and personal fitness programs to youth in a twelve county area with a service center located in Wichita Falls. Approximately 858 youth were served...

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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%)

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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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

Governance

Voting Members

Independent Members

Employees

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

$145,755

Total Directors

Key Employees

Highest Compensated

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

Northwest Texas Council of Boy Scouts of America