Totals
- Total revenue
- $2,468,859
- Total expenses
- $2,997,205
- Contributions and grants received
- $10,000
- Grants paid
- $2,800,000
- Program service revenue
- $0
- Investment income
- $2,124,685
- Other revenue
- $334,174
- Total assets, end of year
- $60,126,126
- Total liabilities, end of year
- $2,854,867
- Net assets or fund balances, end of year
- $57,271,259
- Program services expenses (Part IX)
- $2,800,000
- Management and general expenses
- $197,205
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,800,000
Program services were 93.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$10,000
-
3 · Investment income
total $1,007,416 · excluded $1,007,416
-
6a · Gross rents
real property $260,515
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $260,515
-
6d · Net rental income or loss
total $260,515 · excluded $260,515
-
7a · Gross sales of assets other than inventory
securities $5,525,288
-
7b · Less cost or other basis and sales expenses
securities $4,408,019
-
7c · Gain or loss
securities $1,117,269
-
7d · Net gain or loss
total $1,117,269 · excluded $1,117,269
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $73,659 · excluded $73,659
-
11e · Other revenue, total
$73,659
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,800,000 · program services $2,800,000
-
11b · Fees: legal
total $31,249 · management and general $31,249
-
11f · Fees: investment management
total $85,000 · management and general $85,000
-
13 · Office expenses
total $80,956 · management and general $80,956
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $233,860 · end of year $5,636
-
4 · Accounts receivable
beginning of year $8,586,949 · end of year $20,788
-
10a · Land, buildings and equipment: cost or other basis
$8,567,835
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $8,567,835
-
11 · Investments: publicly traded securities
beginning of year $49,698,850 · end of year $51,516,492
-
15 · Other assets
beginning of year $3,818 · end of year $15,375
-
17 · Accounts payable and accrued expenses
beginning of year $16,821 · end of year $3,399
-
25 · Other liabilities
beginning of year $2,666,425 · end of year $2,851,468
-
28 · Net assets with donor restrictions
beginning of year $55,840,231 · end of year $57,271,259
Mission and programs · 2023
Mission
TO SUPPORT THE ACTIVITIES OF THE CIRCLE TEN COUNCIL
Activities or mission (Part I)
THE PURPOSE OF THE FOUNDATION IS TO BENEFIT SCOUTING IN THE TERRITORY COVERED BY THE CIRCLE TEN COUNCIL.
-
GRANTS TO SUPPORT THE ACTIVITIES OF THE CIRCLE TEN COUNCIL.
Expenses $2,800,000 · Grants $2,800,000
As filed on the 2023 return.
Listed in Part VII
-
John Thompson JrJOHN THOMPSON JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jack FurstJACK FURST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David BieglerDAVID BIEGLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joe WrightJOE WRIGHT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Max CarrierMAX CARRIER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Don Bowles JrDON BOWLES JR
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jim JohnstonJIM JOHNSTON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Lynette HendricksLYNETTE HENDRICKS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$2,800,000
TO SUPPORT CIRCLE TEN COUNCIL ACTIVITIES
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BOY SCOUTS OF AMERICA NATIONAL COUNCIL 571 CIRCLE TEN COUNCIL
501(C)(3) · TO PROVIDE AN EDUCATIONAL PROGRAM FOR BOYS AND YOUNG ADULTS TO BUILD · TX
-
SAME
CHARACTER, TO TRAIN IN THE RESPONSIBILITIES OF PARTICIPATING CITIZENSHIP · TX
-
SAME
AND TO DEVELOP PERSONAL FITNESS. · TX
-
501(C)(3) · TO PROVIDE CAMP SITE FOR RELATED ORGANIZATION'S USE. · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443189349304904
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