2025-11-13T17:48:03+00:00 2024-12-31 440160260 Forvis Mazars LLP 255 South Orange Avenue Suite 600 Orlando FL 32801 990 2024-01-01 596522982 BOY SCOUT TRUST FUND FOR THE CENTRAL FL COUNCIL BOY SCOUTS OF AMERICA INC BOYS 4078894403 1951 S ORANGE BLOSSOM TRL 102 APOPKA FL 32703 ERIC MAGENDANTZ CEO/SCOUT EXECUTIVE 4077405400 2025-11-14 true Peter Gubler P00190185 4077405400 2025-10-28 2024 2025-03-06 01:10:19Z ERIC MAGENDANTZ 1951 S ORANGE BLOSSOM TRL 102 APOPKA FL 32703 972155 false 1761 X N/A X 1950 FL TO PROMOTE AND BENEFIT BOY SCOUT WORK IN CENTRAL FLORIDA. 59 58 0 58 0 13099 791171 0 140086 180984 0 153185 972155 0 0 0 0 0 11141 11560 11141 11560 142044 960595 1296419 2252206 0 0 1296419 2252206 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. false false 0 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. 0 true false false false false false false false false true false false false true false true false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 0 0 0 false false false false false false false false false false false X 59 58 true false false false false true true true true false false false true true true true true true true true false false X BB&T RETIREMENT AND INSTITUTIONAL SERVICES 4078894403 PO BOX 2887 WILSON NC 278942887 ERIC MAGENDANTZ EXECUTIVE DIRECTOR 0.2 60.0 X X 0 309293 0 GARRETT MILLER VICE PRESIDENT OF DEVELOPMENT 4.0 6.0 X X 0 0 0 GIORGINA PINEDO ROLON PHD VICE PRESIDENT OF DIVERSITY 4.0 6.0 X X 0 0 0 HANK MINOR Eagle Empire District Chair 4.0 6.0 X X 0 0 0 HAROLD LONG Assistant Council Treasurer 4.0 6.0 X X 0 0 0 JEFFREY BROOMELL Vice President of District Operations 4.0 6.0 X X 0 0 0 JEFFREY JENNINGS CHAIRMAN OF THE BOARD 4.0 8.0 X X 0 0 0 KARL PALVISAK Executive Committee Member 4.0 6.0 X X 0 0 0 MONIQUE WALDROP VICE PRESIDENT OF MARKETING/PR 4.0 6.0 X X 0 0 0 ROBERT WAHLERS MS VICE PRESIDENT OF MAJOR GIFTS 4.0 6.0 X X 0 0 0 Terry Wheeler Council Commissioner 4.0 6.0 X X 0 0 0 THOMAS WILLIAMS Vice President of Membership 4.0 6.0 X X 0 0 0 WILLIAM PATTERSON COUNCIL PRESIDENT 4.0 8.0 X X 0 0 0 AMY IENNACO BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 AUSTIN THACKER BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 BBT RETIREMENT INSTITUTIONAL TRUSTEE 0.0 1.0 X 11560 0 0 BILL COWLES BOARD DIRECTOR 2.0 2.0 X 0 0 0 BRAD VALDYKE BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 Brian SmithJr BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 Charles Lee BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 CHRISTOPHER GROVE MD BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 CHRISTOPHER HAYES BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 DANIEL HARDIMAN BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 DARREN HINSHAW BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 DENNIS LEMMA BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 ERIC EALY BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 ERIK WEINER BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 FRED KITTINGER BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 GREGORY RAYMOND BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 GUY HAGGARD BCS BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 HOMER VANTURE BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JACK DEMETREE BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JAMES MCKNIGHT BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JAMES SEEGERS BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JAMES STRATFORD BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JEFFERY JONASEN BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JEFFREY KOSIK BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JERMAINE PATTERSON BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JOHN BEACHAM BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JOHN GILMORE BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JOHN JENNINGS BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JOHN LOVEJOY III MD BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JOHN MINA BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 JOHN SOAPES BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 KIRK HALL BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 LEN WILLIAMS BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 LESLIE CAMPIONE BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 MICHAEL JENNINGS BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 MIKAELA NIX-WALKER BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 MIKE JOHNSON BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 PEGGY HALL BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 REGINE BONNEAU BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 ROBERT TERRY BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 RODNEY GRABOWSKI BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 Stephanie Coueignoux BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 STEVE BUERY BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 SUSIE DOLAN BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 Thomas Ward BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 THOMAS YUSCHOK MD BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 TICO PEREZ BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 William Litton BOARD OF DIRECTORS 2.0 2.0 X 0 0 0 Chris J Crowley CHIEF OPERATIONS OFFICER 0.2 60.0 X 0 139094 0 HENRY KNOWLES CHIEF FINANCIAL OFFICER 0.2 60.0 X 0 140798 0 Daniel Ickes Chief Development Officer 0.2 60.0 X 0 132800 0 MATTHEW P RAGAN DIRECTOR OF SUPPORT & CAMP 0.2 60.0 X 0 118987 0 11560 840972 0 0 false true false 0 791171 791171 0 0 0 0 0 45857 45857 0 0 135127 0 135127 0 135127 135127 0 0 0 0 0 972155 0 0 180984 11560 11560 0 0 0 0 0 0 0 0 11560 0 11560 0 9395 49901 0 0 0 0 0 0 0 0 1248441 1287024 111181 0 0 842683 1296419 2252206 0 0 0 0 0 0 -66728 11790 1363147 2240416 1296419 2252206 1296419 2252206 X 960595 -4808 X false true true false X X 1 CENTRAL FLORIDA COUNCIL BOY SCOUTS 590624376 7 true 0 0 1 0 0 true false false false false false false false false false false false false false false true 1296417 49900 917449 11560 2252206 1216051 13099 78409 11142 1296417 1439259 97417 -309911 10714 1216051 1389531 62105 12377 1439259 2036976 10000 58363 715808 1389531 0.0052 0.9948 0.0 false false Beneficial Interest in Assets Hold by Others 842683 842683 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part V, Line 4 Endowment Funds EARNINGS FROM ENDOWMENT FUNDS ARE USED TO FUND THE OPERATIONS OF THE CENTRAL FLORIDA COUNCIL BOY SCOUTS OF AMERICA, INC. AND TO PAY THE EXPENSES OF THE CENTRAL FLORIDA SCOUTING PROGRAMS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Council is organized as a not-for-profit corporation under the laws of the state of Florida and has been granted recognition of its tax-exempt status under Section 501(a), as described under Section 501(c)(3) of the Internal Revenue 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. The Council had no unrelated business income for the years ended December 31, 2024, and 2023. Accordingly, no provision for income taxes has been recorded in these consolidated financial statements. false false false false false false false false false ERIC MAGENDANTZ EXECUTIVE DIRECTOR 0 301493 0 0 0 7800 0 0 0 0 0 309293 0 0 Schedule J, Part I, Line 3 QUESTIONS REGARDING COMPENSATION THE TRUST FUND'S CHIEF EXECUTIVE OFFICER IS EMPLOYED BY CENTRAL FLORIDA FOLLOWING METHODS ARE UTILIZED BY CENTRAL FLORIDA COUNCIL BOY SCOUTS OFCOUNCIL BOY SCOUTS OF AMERICA, INC., A RELATED 501(C)(3) ORGANIZATION. THE AMERICA, INC. TO ESTABLISH COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER: - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES THE CHAIRMAN OF CENTRAL FLORIDA COUNCIL BOY SCOUTS OF AMERICA, INC. (THE COUNCIL), A RELATED 501(C)(3) ORGANIZATION, APPOINTS AN INDEPENDENT COMPENSATION AND BENEFITS COMMITTEE WHOSE RESPONSIBILITIES ARE TO REVIEW THE PERFORMANCE OF THE SCOUT EXECUTIVE AND TO ESTABLISH A COMPENSATION PACKAGE FOR HIM OR HER SUBJECT TO APPROVAL BY THE EXECUTIVE BOARD. THE COMPENSATION OF THE SCOUT EXECUTIVE IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JEFFREY JENNINGS - Family relationship, JOHN JENNINGS - Family relationship, MICHAEL JENNINGS - Family relationship, LEN WILLIAMS - Family relationship, THOMAS WILLIAMS - Family relationship, KIRK HALL - Family relationship, PEGGY HALL - Family relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE BOARD OF DIRECTORS OF CENTRAL FLORIDA COUNCIL BOY SCOUTS OF AMERICA INC. (THE COUNCIL), HAVING ESTABLISHED AND CREATED THE BOY SCOUT TRUST FUND FOR THE CENTRAL FLORIDA COUNCIL (THE FUND), SHALL BE ITS GOVERNING BODY. THE BOARD OF DIRECTORS OF THE COUNCIL IS ELECTED BY ITS ACTIVE MEMBERSHIP PURSUANT TO THE ORGANIZATION'S GOVERNING DOCUMENTS. THE COUNCIL HAS THE POWER TO APPOINT AND DISCHARGE THE FUND'S INSTITUTIONAL TRUSTEE AS IT DEEMS APPROPRIATE AND, SUBJECT TO THE PROVISION OF THE CHARTER, BYLAWS, AND RULES AND REGULATIONS OF THE BOY SCOUTS OF AMERICA, GIVES BROAD POWERS TO THE TRUSTEE, AS ENUMERATED IN THE AGREEMENT OF TRUST, TO ADMINISTER THE FUND. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE ACTIVE MEMBERSHIP OF THE CENTRAL FLORIDA COUNCIL BOY SCOUTS OF AMERICA, INC. HAS THE AUTHORITY TO ELECT THE BOARD OF DIRECTORS AND OFFICERS, OTHER THAN THE SCOUT EXECUTIVE WHO IS APPOINTED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body PRIOR TO FILING EACH YEAR, THE TRUST FUND'S AUDIT COMMITTEE PERFORMS A THOROUGH REVIEW OF A PRELIMINARY DRAFT OF THE FUND'S FORM 990 WHERE IT WILL RECOMMEND CHANGES AND/OR CORRECTIONS, IF ANY, TO THE RETURN PREPARER. WHEN THE CHANGES HAVE BEEN INCORPORATED IN THE RETURN, THE AUDIT COMMITTEE WILL RECOMMEND THAT IT IS PRESENTED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW. AT THAT TIME, A COMPLETE COPY OF THE TRUST FUND'S FORM 990 AND SCHEDULE IS EMAILED TO EACH DIRECTOR, WHERE HE OR SHE IS INVITED TO REVIEW THE RETURN. Form 990, Part VI, Line 12c Conflict of interest policy THE FUND FOLLOWS THE POLICY OF THE COUNCIL, WHICH IS TO, AT LEAST ONCE A YEAR, DISTRIBUTE A CONFLICT-OF-INTEREST CERTIFICATION AND DISCLOSURE FORM TO ITS OFFICERS, DIRECTORS, TRUSTEES, AND PROFESSIONAL EMPLOYEES. THE COVERED PERSONS ARE REQUIRED TO COMPLETE AND SIGN THE CERTIFICATION AND DISCLOSURE FORM, WHICH IS RETAINED IN THE COUNCIL FILES. THE CERTIFICATION AND DISCLOSURE FORMS ARE REVIEWED NO LESS THAN ANNUALLY BY THE SCOUT EXECUTIVE AND TREASURER. ADDITIONALLY, THE COUNCIL COMPILES AND MAINTAINS A LIST OF POTENTIALLY CONFLICTED ENTITIES AND INDIVIDUALS. PROPOSED TRANSACTIONS ARE THEN MATCHED AGAINST THE LIST AS A MEANS OF IDENTIFYING POSSIBLE CONFLICTS. THE SCOUT EXECUTIVE IS ULTIMATELY RESPONSIBLE FOR MAINTAINING THE LIST AND SCREENING FOR POSSIBLE CONFLICTS OF INTEREST. Form 990, Part VI, Line 15b Process to establish compensation of other employees EACH YEAR, THE COUNCIL CHAIRMAN APPOINTS AN INDEPENDENT COMPENSATION AND BENEFITS COMMITTEE WHOSE RESPONSIBILITY IS TO ESTABLISH A COMPENSATION PACKAGE FOR OFFICERS OTHER THAN THE SCOUT EXECUTIVE AND KEY EMPLOYEES BASED ON PERFORMANCE REVIEWS CONDUCTED BY THE SCOUT EXECUTIVE USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY SITUATED ORGANIZATIONS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ADDITIONALLY, DURING THE ANNUAL BUDGETING PROCESS, THE EXECUTIVE BOARD REVIEWS THE REASONABLENESS OF THE FEES CHARGED BY THE TRUSTEE BASED ON THE INVESTMENT POLICY APPROVED BY THE EXECUTIVE BOARD TO SET A REALISTIC TARGET FOR INCOME, AND A BENCHMARK AND TIME LINE FOR COMPARISON, TO HOLD THE TRUSTEE ACCOUNTABLE. Form 990, Part VI, Line 19 Required documents available to the public THE FUND'S POLICY REGARDING DISCLOSURE OF GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS FOLLOWS THAT OF BOY SCOUTS OF AMERICA, INC. CENTRAL FLORIDA COUNCIL, WHICH IS THAT IF THE GOVERNING DOCUMENTS AND POLICIES OF THE COUNCIL ARE SUBJECT TO THE FEDERAL PUBLIC DISCLOSURE RULES (OR STATE PUBLIC DISCLOSURE RULES), THESE DOCUMENTS WILL BE MADE PUBLICLY AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS AND POLICIES WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF MANAGEMENT. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Other changes in net assets or fund balances - -4808; Total - -4808; FORM 990, PART XI, LINE 9 CHANGES IN NET ASSETS INTERFUND TRANSFER: - 4,808 AUDIT OVERSIGHT COMMITTEE: THE ORGANIZATION'S AUDIT OVERSIGHT COMMITTEE IS RESPONSIBLE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM PRIOR YEAR. CENTRAL FLORIDA COUNCIL BOY SCOUTS OF AMERICA INC 1951 SOUTH ORANGE BLOSSOM TRAIL 102 APOPKA FL 32703 590624376 TO PROMOTE THE BOY SCOUT PROGRAM BY PROVIDING EDUCATIONAL PROGRAMS FL 501(c)(3) 7 NA false false false false false false false false false false false false false false true true false false true false