2024-11-07T07:58:34-06:00 2023-12-31 050255779 SANSIVERI KIMBALL & CO LLP 50 HOLDEN STREET PROVIDENCE RI 02908 990 2023-01-01 056001678 RHODE ISLAND BOY SCOUTS RHOD 4013518700 223 SCITUATE AVENUE CRANSTON RI 02921 TIMOTHY C MCCANDLESS SECRETARY 4013518700 2024-10-29 1 0 LINDA M PEARSON CPA P02361807 4013310500 2024-10-29 X 2023 2024-10-15 13:58:12Z TIMOTHY C MCCANDLESS 223 SCITUATE AVENUE CRANSTON RI 02921 4800059 0 X N/A X 1911 RI TO SUPPORT SCOUTING PROGRAMS FOR YOUTH WITHIN THE TERRITORY SERVED BY THE NARRAGANSETT COUNCIL, BOY SCOUTS OF AMERICA. THROUGH THIS SUPPORT, RIBS SEEKS TO BUILD CHARACTER, CITIZENSHIP, LEADERSHIP AND LIFE SKILLS IN YOUTH. 18 18 0 0 0 0 303991 193933 0 0 -185488 859239 78000 78000 196503 1131172 732750 912750 0 0 0 0 0 0 0 355432 391543 1088182 1304293 -891679 -173121 16111464 13700616 2972369 6617 13139095 13693999 TO SUPPORT SCOUTING PROGRAMS FOR YOUTH WITHIN THE TERRITORY SERVED BY THE NARRAGANSETT COUNCIL, BOY SCOUTS OF AMERICA. THROUGH THIS SUPPORT, RIBS SEEKS TO BUILD CHARACTER, CITIZENSHIP, LEADERSHIP AND LIFE SKILLS IN YOUTH. 0 0 810000 810000 RIBS PROVIDES GENERAL OPERATING SUPPORT FOR SCOUTING PROGRAMS IN THE TERRITORY OF THE NARRAGANSETT COUNCIL THAT BUILD CHARACTER, CITIZENSHIP, LEADERSHIP AND LIFE SKILLS IN YOUTH. 78000 78000 RIBS MAINTAINS CAMPS AND PROPERTIES THAT IT LEASES TO THE NARRAGANSETT COUNCIL TO BE USED TO SUPPORT SCOUTING PROGRAMS IN THE TERRITORY OF THE NARRAGANSETT COUNCIL. 24750 24750 24750 24750 912750 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 RI X TIMOTHY C MCCANDLESS 4013518700 223 SCITUATE AVENUE CRANSTON RI 02921 X ANDREW M ERICKSON MEMBER, FORMER PRESIDENT 0.50 X 0 0 0 DANA H GAEBE RIBS, LEGAL COUNSEL 0.50 X 0 0 0 TIM MCCANDLESS SECRETARY 5.00 X X 0 0 0 ERIC A JAIKES LEGAL COUNSEL, MA 0.50 X 0 0 0 HERBERT W CUMMINGS MEMBER 0.50 X 0 0 0 JOSEPH P GENCARELLA ASST TREASURER/MEMBER 0.50 X X 0 0 0 JULES A COHEN MEMBER 0.50 X 0 0 0 JONATHAN K FARNUM MEMBER 0.50 X 0 0 0 ROBERT J SIRHAL MEMBER 0.50 X 0 0 0 PAUL J CHOQUETTE JR MEMBER 0.50 X 0 0 0 ROBERT A DIMUCCIO VICE PRESIDENT/MEMBER 0.50 X X 0 0 0 ROBERT H PEASE JR PRESIDENT/MEMBER 0.50 X X 0 0 0 RICHARD F PARTRIDGE MEMBER 0.50 X 0 0 0 GEORGE W SHUSTER MEMBER 0.50 X 0 0 0 ANDREW C HEWITT TREASURER/MEMBER 0.50 X X 0 0 0 EDWARD T BRODERICK MEMBER 0.50 X 0 0 0 GARY E FURTADO COUNCIL PRESIDENT 0.50 X 0 0 0 ARTHUR R LANGLAIS MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 193933 193933 252295 252295 78000 0 78000 78000 78000 3276083 999748 2761451 907436 514632 92312 606944 606944 1131172 0 0 937239 912750 912750 80000 80000 10670 10670 40022 40022 62925 62925 113449 113449 84477 84477 1304293 912750 391543 0 X 465126 76120 194946 176852 2714 11848 4404465 76715 5284153 4327750 8566381 7419867 404742 408793 1193402 1279386 16111464 13700616 263854 6617 2708515 2972369 6617 X 7922460 8100559 5216635 5593440 13139095 13693999 16111464 13700616 -173121 728025 0 X X 0 1 X 1 0 X 234434 299333 356262 303991 193933 1387953 234434 299333 356262 303991 193933 1387953 1074260 313693 375705 451856 1111398 377812 330295 2647066 4035019 0.07770 0.11290 X THE RHODE ISLAND BOY SCOUTS MEETS THE "FACTS-AND-CIRCUMSTANCES" TEST WHICH QUALIFIES THE ORGANIZATION TO BE A PUBLIC SUPPORTED ORGANIZATION. FACTORS CONSIDERED INCLUDED THOSE LISTED IN PARAGRAPHS (F)(3)(I) THROUGH (F)(3)(II) OF 26 CFR 1.170A-9. (I) THE PERCENTAGE OF SUPPORT NORMALLY RECEIVED BY RHODE ISLAND BOYS SCOUTS FROM THE GENERAL PUBLIC IS SUBSTANTIAL (EXCEEDING 10% OF TOTAL SUPPORT). (II) RHODE ISLAND BOY SCOUTS MAINTAINS A CONTINUOUS AND BONA FAIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC INCLUDING (A) SPONSORING A FUNDRAISING DINNER ANNUALLY FOR WHICH THE INVITATION LIST COVERS 500 - 600 POTENTIAL DONORS, (B) USE OF A FUNDRAISING BRICK WALKWAY FOR WHICH SOLICITATION INCLUDES PAMPHLETS, WEBSITE, AS WELL AS THE PHYSICAL LOCATION OF THE WALKWAY, AND (C) SOLICITING DONATIONS FROM THE MEMBERS OF THE ORGANIZATION. ADDITIONAL FACTORS CONSIDERED INCLUDED THOSE WITHIN (F)(3)(III). THE PERCENTAGE OF RHODE ISLAND BOY SCOUTS' IS LOW BECAUSE IT RECEIVES A HIGH PERCENTAGE OF ITS TOTAL SUPPORT FROM INVESTMENT INCOME ON ITS ENDOWMENT FUNDS, WHICH WERE ORIGINALLY CONTRIBUTED BY THE GENERAL PUBLIC. THIS FACT IS TO BE TREATED AS EVIDENCE OF RHODE ISLAND BOY SCOUTS BEING 'PUBLICLY SUPPORTED'. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7318889 821826 1425975 444750 113449 9008491 13832704 8115 -2187425 4259274 75231 7318889 12412906 14421 1841389 436012 13832704 11300279 33334 1520226 440933 12412906 8992213 786592 1974244 452770 11300279 0.38000 0.50000 0.12000 1 0 3569565 3569565 834900 76715 758185 4327750 BENEFICIAL INTEREST IN IRREVOCABLE PERPETUAL TRUSTS 1255106 BENEFICIAL INTEREST IN CHARITABLE LEAD TRUST 24280 1279386 X 1819175 593479 134546 728025 1091150 40022 40022 1131172 1264271 0 1264271 40022 40022 1304293 PART X, LINE 2: RIBS IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND COMPARABLE STATE LAW AS A CHARITABLE ORGANIZATION, WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512 OF THE CODE IS SUBJECT TO FEDERAL INCOME TAX. RIBS CURRENTLY HAS NO UNRELATED BUSINESS INCOME. ACCORDINGLY, A PROVISION FOR INCOME TAXES HAS NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. RIBS EVALUATES TAX POSITIONS IT HAS TAKEN IN ORDER TO DETERMINE WHETHER OR NOT IT HAS TAKEN AN UNCERTAIN TAX POSITION WHICH WOULD REQUIRE EITHER DISCLOSURE OR RECOGNITION OF THE UNCERTAIN TAX POSITION WITHIN THE ACCOMPANYING FINANCIAL STATEMENTS. RIBS DOES NOT BELIEVE THAT IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE OR RECOGNITION. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN IRREVOCABLE PERPETUAL TRUSTS PART V LINE 1(B) AND PART XI LINE (2D) RHODE ISLAND BOY SCOUTS IS A BENEFICIARY OF THE INCOME FROM TWO IRREVOCABLE TRUSTS HELD IN PERPETUITY BY AN INDEPENDENT TRUSTEE. RHODE ISLAND BOY SCOUTS HAS AN IRREVOCABLE RIGHT TO RECEIVE A PORTION OF THE INCOME EARNED ON THE TRUSTS' ASSETS BUT WILL NEVER RECEIVE THE TRUSTS' CORPUS. THE BENEFICIAL INTEREST IN IRREVOCABLE PERPETUAL TRUSTS IS REPORTED IN THE STATEMENT OF FINANCIAL POSTION AT THE FAIR MARKET VALUE OF ITS' INTEREST IN THE TRUST. 0 NARRAGANSETT COUNCIL BOY SCOUTS OF AMERICA PO BOX 14777 EAST PROVIDENCE RI 02914 050308384 501(C)(3) 888000 0 PROGRAM SUPPORT RICHMOND TROOP 1 BOY SCOUTS OF AMERICA 18 SHADOW RIDGE DRIVE CAROLINA RI 02812 501(C)(3) 24000 0 PROGRAM SUPPORT FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE 990 ON BEHALF OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 12C RIBS EXISTS TO BENEFIT THE SCOUTING PROGRAM IN THE AREA SERVED BY THE NARRAGANSETT COUNCIL. AS SUCH, IT HAS NO EMPLOYEES AND MINIMAL OPERATING EXPENSES WHICH ARE LIMITED TO AUDIT FEES, REAL ESTATE TAXES, AND PROPERTY INSURANCE. THE BULK OF ITS ACTIVITY IS IN CONTRIBUTIONS TO THE NARRAGANSETT COUNCIL. THE COUNCIL STAFF PERFORMS ADMINISTRATIVE FUNCTIONS FOR RIBS FOR WHICH IT IS PAID. FORM 990, PART VI, SECTION C, LINE 19 THE RHODE ISLAND BOY SCOUTS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART X LINE 15 BENEFICIAL INTEREST IN IRREVOCABLE PERPETUAL TRUST. PART XII THE AUDIT COMMITTEE IS CHARGED WITH THE RESPONSIBILITY OF REVIEWING THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE PERFORMS SUCH REVIEW USING AN EMAILED DRAFT VERSION OF THE FORM 990 PRIOR TO FILING THE RETURN.