Boy Scout Trust Fund for the Central Fl Council Boy Scouts of America Inc

Nonprofit profile at a glance

EIN
596522982
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Apopka, FL, USA
Phone
4078894403
Rating
45
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$972,155
Expenses
$11,560
Assets
$2,252,206
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

65 people listed

Executive titles in this filing

  • ERIC MAGENDANTZ (EXECUTIVE DIRECTOR)
  • GARRETT MILLER (VICE PRESIDENT OF DEVELOPMENT)
  • GIORGINA PINEDO ROLON PHD (VICE PRESIDENT OF DIVERSITY)
  • JEFFREY BROOMELL (Vice President of District Operations)
  • MONIQUE WALDROP (VICE PRESIDENT OF MARKETING/PR)
  • ROBERT WAHLERS MS (VICE PRESIDENT OF MAJOR GIFTS)

Highest reported compensation

  • ERIC MAGENDANTZ (EXECUTIVE DIRECTOR): $309,293 total reported compensation
  • HENRY KNOWLES (CHIEF FINANCIAL OFFICER): $140,798 total reported compensation
  • Chris J Crowley (CHIEF OPERATIONS OFFICER): $139,094 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The trust fund was established for the benefit of central Florida council boy scouts of america, inc. In support of its mission to provide scouting activities in the central Florida terrority.

What it reported doing in 2024

The trust fund supports central Florida council boy scouts of america, inc., which provides service to young men and women ages 6-20 in eight districts in central Florida. It provides educational programs for young people to develop their skills, promote fitness and train in responsibilities.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - Most voting board members are independent and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 64
  • Accountability: 99
  • Sustainability: 87
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 98.3%; rating input score 98; 26th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 98.8%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 194.83; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 100%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -0.9% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: 18.9% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: -7% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 58 of 59 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $309K · 65 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 14 of 14 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.