Boy Scouts of America 388 Westchester Putnam Council Tr Fund
Nonprofit profile at a glance
- EIN
- 136124311
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Fishkill, NY, USA
- Phone
- 9147731135
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $308,471
- Expenses
- $570,987
- Assets
- $2,276,152
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- RICHARD STOCKTON (SCOUT EXECUTIVE/CEO)
Highest reported compensation
- RICHARD STOCKTON (SCOUT EXECUTIVE/CEO): $243,721 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 fund was formed by the executive board of the greater hudson valley council, bsa for the purpose of increasing its endowment funds and thereby providing a stable source of funding for the operations of the council. The board has directed that the income earned by the investment of the assets in the fund be reinvested in the fund to increase the value of the fund. Transfers are made to the greater hudson valley council, inc. Boy scouts of america ("the council") in an amount established by the council's executive board for the purpose of paying the council's administrative and operating expenses.
What it reported doing in 2024
The trust invests its endowed assets prudently to maximize investment return while preserving capital, thus allowing it to make a significant grant in 2024 to its supported organization, greater hudson valley council boy scouts of america, to assist the organization in covering its operating expenses.
Operating model
- Revenue model
- Investment-supported. 99% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 64
- Accountability: 69
- Sustainability: 37
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.4%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th 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: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -85.1%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 3.99; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 3.2%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: -4.9% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -4.7% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.4% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $556K in reported program spending
- Leadership: top reported pay $244K · 8 people listed · 0 of 6 pay-setting controls reported
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 4 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.