Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $13,313

• 1d · Related organizations

  $54,100

• 1e · Government grants (contributions)

  $790,325

• 1f · All other contributions, gifts and grants

  $17,165,587

• 1g · Noncash contributions included above

  $48,368

• 2a · Program service revenue: MEMBERSHIP DUES

  total $39,360,834 · related or exempt $39,360,834

• 2b · Program service revenue: MEETING & LEARN. EVENT

  total $6,034,962 · related or exempt $1,547,128 · unrelated business $4,487,834

• 2c · Program service revenue: SOFTWARE MAINTENANCE

  total $4,936,494 · related or exempt $4,936,494

• 2d · Program service revenue: USAGSO COUNCIL SERVICE

  total $137,939 · related or exempt $137,939

• 3 · Investment income

  total $3,639,931 · unrelated business $5,500 · excluded $3,634,431

• 5 · Royalties

  total $13,549,368 · excluded $13,549,368

• 7a · Gross sales of assets other than inventory

  securities $109,393,502

• 7b · Less cost or other basis and sales expenses

  securities $101,290,415

• 7c · Gain or loss

  securities $8,103,087

• 7d · Net gain or loss

  total $8,103,087 · unrelated business -$35 · excluded $8,103,122

• 10a · Gross sales of inventory

  $41,284,404

• 10b · Cost of goods sold

  $17,220,295

• 10c · Net income from sales of inventory

  total $24,064,109 · related or exempt $24,064,109

• 11a · Other revenue: REBATES

  total $173,341 · excluded $173,341

• 11b · Other revenue: USAGSO REV SHARE

  total $54,164 · excluded $54,164

• 11c · Other revenue: ADVERTISING

  total $15,844 · unrelated business $15,844

• 11d · All other revenue

  total $43,568 · excluded $43,568

• 11e · Other revenue, total

  $286,917

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,998,218 · program services $7,998,218

• 2 · Grants to domestic individuals

  total $544,460 · program services $544,460

• 4 · Benefits paid to or for members

  total $310,384 · program services $310,384

• 5 · Compensation of officers, directors and key employees

  total $3,810,553 · program services $2,871,654 · management and general $569,350 · fundraising $369,549

• 7 · Other salaries and wages

  total $36,192,224 · program services $30,960,333 · management and general $3,700,170 · fundraising $1,531,721

• 8 · Pension plan contributions

  total $1,550,967 · program services $1,336,305 · management and general $142,636 · fundraising $72,026

• 9 · Other employee benefits

  total $4,634,837 · program services $4,029,277 · management and general $400,923 · fundraising $204,637

• 10 · Payroll taxes

  total $2,746,783 · program services $2,366,614 · management and general $252,611 · fundraising $127,558

• 11a · Fees: management

  total $177,001 · program services $177,001

• 11b · Fees: legal

  total $249,558 · program services $134,715 · management and general $96,320 · fundraising $18,523

• 11c · Fees: accounting

  total $597,002 · program services $433,229 · management and general $103,645 · fundraising $60,128

• 11d · Fees: lobbying

  total $127,642 · program services $127,642

• 11e · Fees: professional fundraising services

  total $297,500 · fundraising $297,500

• 11f · Fees: investment management

  total $399,695 · management and general $399,695

• 11g · Fees: other

  total $14,742,824 · program services $14,030,518 · management and general $665,815 · fundraising $46,491

• 12 · Advertising and promotion

  total $1,058,619 · program services $1,026,637 · management and general $26,837 · fundraising $5,145

• 13 · Office expenses

  total $1,361,784 · program services $1,245,773 · management and general $66,013 · fundraising $49,998

• 14 · Information technology

  total $19,258,365 · program services $17,057,894 · management and general $1,760,113 · fundraising $440,358

• 16 · Occupancy

  total $4,521,152 · program services $4,086,119 · management and general $234,318 · fundraising $200,715

• 17 · Travel

  total $610,960 · program services $504,438 · management and general $65,021 · fundraising $41,501

• 20 · Interest

  total $772,400 · program services $467,543 · management and general $263,188 · fundraising $41,669

• 22 · Depreciation, depletion and amortization

  total $8,481,158 · program services $8,247,974 · management and general $125,598 · fundraising $107,586

• 23 · Insurance

  total $1,729,682 · program services $1,219,843 · management and general $436,383 · fundraising $73,456

• 24a · Other expenses: COMMISSION EXPENSE

  total $1,860,935 · program services $1,860,935

• 24b · Other expenses: CREDIT CARD PROCESSING

  total $1,272,160 · program services $1,240,681 · management and general $31,479

• 24c · Other expenses: FOOD SERVICES

  total $1,200,077 · program services $1,159,287 · management and general $40,790

• 24d · Other expenses: WAGGGS MEMBERSHIP DUES

  total $1,000,392 · program services $1,000,392

• 24e · All other expenses

  total $594,283 · management and general $577,736 · fundraising $16,547

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $20,335 · end of year $63,882

• 2 · Savings and temporary cash investments

  beginning of year $28,835,380 · end of year $33,606,361

• 3 · Pledges and grants receivable

  beginning of year $3,382,606 · end of year $1,790,418

• 4 · Accounts receivable

  beginning of year $4,362,465 · end of year $3,443,013

• 8 · Inventories for sale or use

  beginning of year $7,066,211 · end of year $8,057,568

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,708,112 · end of year $5,466,832

• 10a · Land, buildings and equipment: cost or other basis

  $135,492,184

• 10b · Land, buildings and equipment: accumulated depreciation

  $104,188,287

• 10c · Land, buildings and equipment, net

  beginning of year $35,281,053 · end of year $31,303,897

• 11 · Investments: publicly traded securities

  beginning of year $96,032,248 · end of year $119,072,793

• 12 · Investments: other securities

  beginning of year $75,110,330 · end of year $65,695,075

• 15 · Other assets

  beginning of year $1,698,004 · end of year $1,196,405

• 17 · Accounts payable and accrued expenses

  beginning of year $15,903,314 · end of year $14,154,314

• 19 · Deferred revenue

  beginning of year $39,632,756 · end of year $41,773,590

• 21 · Escrow or custodial account liability

  beginning of year $559,935 · end of year $625,051

• 23 · Secured mortgages and notes payable

  beginning of year $13,000,000 · end of year $10,000,000

• 25 · Other liabilities

  beginning of year $0 · end of year $614,658

• 27 · Net assets without donor restrictions

  beginning of year $116,441,830 · end of year $126,709,400

• 28 · Net assets with donor restrictions

  beginning of year $70,958,909 · end of year $75,819,231

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 1A:

THE CHIEF EXECUTIVE OFFICER RECEIVED A HOUSING ALLOWANCE OF $35,000 IN CALENDAR YEAR 2023 REPORTED IN SCHEDULE J, PART II, COLUMN B(III).

PART I, LINE 4A:

THE FOLLOWING INDIVIDUALS RECEIVED A PAYMENT IN CALENDAR YEAR 2023 THAT IS INCLUDED IN THEIR WAGES IN SCHEDULE J, PART II, COLUMN B(III) AS REPORTABLE COMPENSATION. -CHIEF MARKETING OFFICER, JOCELYN JOHNSON - $52,032 -CHIEF PEOPLE OFFICER, MAUREEN MCNERNEY - $108,981 ANGELA OLDEN, CHIEF FINANCIAL OFFICER, RECEIVED A PAYMENT DURING FISCAL 2024. THIS PAYMENT WILL BE REFLECTED ON GSUSA'S SUCCEEDING YEAR FORM 990. THE FOLLOWING INDIVIDUALS RECEIVED ACCRUED VACATION PAY IN CALENDAR YEAR 2023 THAT IS INCLUDED IN THEIR WAGES IN SCHEDULE J, PART II, COLUMN B(III) AS REPORTABLE COMPENSATION. -CHIEF MARKETING OFFICER, JOCELYN JOHNSON - $5,095 -CHIEF PEOPLE OFFICER, MAUREEN MCNERNEY - $908 -FORMER CHIEF EXECUTIVE OFFICER, SOFIA CHANG - $5,207 -CHIEF FINANCIAL OFFICER, ANGELA OLDEN - $10,123

PART I, LINE 5(A) AND 6(A):

EXECUTIVE TEAM INCENTIVE COMPENSATION IS BASED ON STRATEGIC, FINANCIAL, AND PROGRAM TARGETS, WHICH INCLUDE REVENUE AND OTHER METRICS AS APPROVED BY THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE (EDCC) AND IS INFORMED BY MARKET DATA TO ENSURE THAT COMPENSATION IS REASONABLE. THE EDCC COMPRISES INDEPENDENT MEMBERS OF THE GSUSA BOARD OF DIRECTORS. BONUSES WERE ACCRUED IN FY2023 AND PAID IN FY2024. IN ADDITION, ON THE RECOMMENDATION OF THE EDCC, THE NATIONAL BOARD APPROVED A TOTAL COMPENSATION PACKAGE FOR THE CEO INCLUDING BASE SALARY AND BENEFITS SUCH AS A RELOCATION REIMBURSEMENT AND A MARKET REASONABLE HOUSING ALLOWANCE.

FORM 990, SCHEDULE J, PART I, LINE 7:

IN CALENDAR YEAR 2023, THE CHIEF EXECUTIVE OFFICER AUTHORIZED A ONE-TIME PERFORMANCE BASED BONUS TO VARIOUS INDIVIDUALS IN THE ORGANIZATION. TWO INDIVIDUALS REPORTED IN THE FORM 990, SCHEDULE J RECEIVED THIS ONE-TIME BONUS; THESE AMOUNTS ARE REPORTED IN COLUMN (B)(II).

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• NEW YORK GIRL SCOUTS INC (NOMINEE)

  REAL PROPERTY HOLDING · NY · income $0 · assets $13,078,000

  Directly controlled by GSUSA