Civic Intelligence

Boy Scouts of America 55 Silicon Valley Monterey Bay Council

EIN 94-1156254 • 501(c)3 • San Jose, CA

View Organization Page

Profile

The mission of the boy scouts of america is to prepare young people to make ethical and moral choices over their lifetimes by instilling in them the values of the scout oath and scout law. Scout oath: on my honor, i will do my best to do my duty to god and my country and to obey the scout law; to help other people at all times; to keep myself physically strong, mentally awake, and morally straight. Scout law: a scout is trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean, and reverent.

1900 The Alameda Ste 100San Jose, CA 95126

www.svmbc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.07x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.30x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$332,346

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

67th percentile

10%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

54%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$45,702,537

Up $4,248,595 (+10%) from 2023

Liabilities

Down

$3,319,503

Down $89,226 (-2.6%) from 2023

Net Assets

Up

$42,383,034

Up $4,337,821 (+11%) from 2023

Operations
Liabilities / Revenue52nd percentileNet Margin84th percentile

Revenue

Up

$11,117,231

Up $3,921,517 (+54%) from 2023

Expenses

Up

$7,104,645

Up $661,966 (+10%) from 2023

Net Income

Up

$4,012,586

Up $3,259,551 (+433%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $4,982,050Liabilities 2010: $389,949Net Assets 2010: $4,592,1012010Assets 2011: $4,968,458Liabilities 2011: $396,527Net Assets 2011: $4,571,9312011Assets 2012: $5,706,498Liabilities 2012: $537,775Net Assets 2012: $5,168,7232012Assets 2013: $12,050,182Liabilities 2013: $769,516Net Assets 2013: $11,280,6662013Assets 2014: $13,649,236Liabilities 2014: $786,949Net Assets 2014: $12,862,2872014Assets 2015: $15,008,989Liabilities 2015: $717,628Net Assets 2015: $14,291,3612015Assets 2016: $17,476,340Liabilities 2016: $937,238Net Assets 2016: $16,539,1022016Assets 2017: $33,520,062Liabilities 2017: $772,493Net Assets 2017: $32,747,5692017Assets 2018: $35,094,755Liabilities 2018: $1,254,485Net Assets 2018: $33,840,2702018Assets 2019: $45,319,394Liabilities 2019: $1,361,949Net Assets 2019: $43,957,4452019Assets 2020: $46,406,002Liabilities 2020: $890,243Net Assets 2020: $45,515,7592020Assets 2021: $53,602,889Liabilities 2021: $11,848,682Net Assets 2021: $41,754,2072021Assets 2022: $40,553,729Liabilities 2022: $3,107,191Net Assets 2022: $37,446,5382022Assets 2023: $41,453,942Liabilities 2023: $3,408,729Net Assets 2023: $38,045,2132023Assets 2024: $45,702,537Liabilities 2024: $3,319,503Net Assets 2024: $42,383,0342024

Highlighted filing

2024

Assets$45,702,537
Liabilities$3,319,503
Net Assets$42,383,034
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $2,913,0282010Expenses 2011: $2,784,6962011Expenses 2012: $3,185,5412012Revenue 2013: $4,489,546Expenses 2013: $4,531,273Net Income 2013: -$41,7272013Revenue 2014: $5,923,316Expenses 2014: $4,392,949Net Income 2014: $1,530,3672014Revenue 2015: $5,994,047Expenses 2015: $4,297,085Net Income 2015: $1,696,9622015Revenue 2016: $6,504,425Expenses 2016: $4,408,982Net Income 2016: $2,095,4432016Revenue 2017: $19,935,517Expenses 2017: $4,679,815Net Income 2017: $15,255,7022017Revenue 2018: $9,590,963Expenses 2018: $4,812,164Net Income 2018: $4,778,7992018Revenue 2019: $18,080,812Expenses 2019: $5,849,586Net Income 2019: $12,231,2262019Revenue 2020: $5,297,857Expenses 2020: $4,701,659Net Income 2020: $596,1982020Revenue 2021: $11,153,006Expenses 2021: $5,931,040Net Income 2021: $5,221,9662021Revenue 2022: $6,126,642Expenses 2022: $6,316,463Net Income 2022: -$189,8212022Revenue 2023: $7,195,714Expenses 2023: $6,442,679Net Income 2023: $753,0352023Revenue 2024: $11,117,231Expenses 2024: $7,104,645Net Income 2024: $4,012,5862024

Highlighted filing

2024

Revenue$11,117,231
Expenses$7,104,645
Net Income$4,012,586
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$45,702,537
Liabilities
$3,319,503
Net assets
$42,383,034
Revenue
$11,117,231
Expenses
$7,104,645
Net income
$4,012,586
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.7$3.32$42.4$11.1$7.10$4.01
2023Detailed filing. Detailed filing data is available for this year.$41.5$3.41$38.0$7.20$6.44$0.75
2022Detailed filing. Detailed filing data is available for this year.$40.6$3.11$37.4$6.13$6.32$0.19
2021Detailed filing. Detailed filing data is available for this year.$53.6$11.8$41.8$11.2$5.93$5.22
2020Detailed filing. Detailed filing data is available for this year.$46.4$0.89$45.5$5.30$4.70$0.60
2019Detailed filing. Detailed filing data is available for this year.$45.3$1.36$44.0$18.1$5.85$12.2
2018Detailed filing. Detailed filing data is available for this year.$35.1$1.25$33.8$9.59$4.81$4.78
2017Detailed filing. Detailed filing data is available for this year.$33.5$0.77$32.7$19.9$4.68$15.3
2016Detailed filing. Detailed filing data is available for this year.$17.5$0.94$16.5$6.50$4.41$2.10
2015Detailed filing. Detailed filing data is available for this year.$15.0$0.72$14.3$5.99$4.30$1.70
2014Detailed filing. Detailed filing data is available for this year.$13.6$0.79$12.9$5.92$4.39$1.53
2013Summary only. Only limited summary data is available for this year.$12.1$0.77$11.3$4.49$4.53$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$0.54$5.17$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.40$4.57$2.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$0.39$4.59$2.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 17, 2025
Return Version
2024v5.2
Gross Receipts
$16,217,145
Mission and Program Overview

Mission

The mission of the boy scouts of america is to prepare young people to make ethical and moral choices over their lifetimes by instilling in them the values of the scout oath and scout law. Scout oath: on my honor, i will do my best to do my duty to god and my country and to obey the scout law; to help other people at all times; to keep myself physically strong, mentally awake, and morally straight. Scout law: a scout is trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean, and reverent.

To prepare youth to make ethical and moral choices by instilling in them the values of the scout oath and scout law.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$19,112,961$24,711,897▲ $5,598,936
Land, Buildings, and Equipment, Net$17,484,434$16,718,537▼ $765,897
Cash and Non-Interest-Bearing Accounts$2,090,389$1,413,787▼ $676,602
Savings and Temporary Cash Investments$1,706,754$918,183▼ $788,571
Other Notes and Loans Receivable, Net$700,000$700,000→ $0
Pledges and Grants Receivable$151,570$291,260▲ $139,690
Prepaid Expenses and Deferred Charges$121,598$125,754▲ $4,156
Inventories for Sale or Use$39,274$38,726▼ $548
Accounts Receivable$10,310$7,069▼ $3,241
Total Assets$41,453,942$45,702,537▲ $4,248,595
Other Assets Total$36,652$777,324▲ $740,672
Liabilities
Accounts Payable and Accrued Expenses$2,075,895$2,064,197▼ $11,698
Other Liabilities$29,406$777,321▲ $747,915
Escrow Account Liability$603,574$244,179▼ $359,395
Deferred Revenue$699,854$233,806▼ $466,048
Total Liabilities$3,408,729$3,319,503▼ $89,226
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,521,940$27,773,765▲ $3,251,825
Net Assets With Donor Restrictions$13,523,273$14,609,269▲ $1,085,996
Total Net Assets Fund Balance$38,045,213$42,383,034▲ $4,337,821
Total Liabilities and Net Assets / Fund Balance$41,453,942$45,702,537▲ $4,248,595

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,174,348$2,098,032$13,272,380
Land$4,570,659-$4,570,659
Equipment$846,423$696,511$1,542,934
Leasehold Improvements$109,107$25,248$134,355
Other Land Buildings$18,000-$18,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$19,132,346$5,615,195▲ $1,294,538$1,133,848$24,744,705
2023$17,587,807$1,461,197▲ $1,127,817$894,059$19,132,346
2022$21,697,838$656,115▼ $3,426,674$1,204,264$17,587,807
2021$22,566,391$3,855,728▲ $4,833,073$9,410,530$21,697,838
2020$20,654,782$66,805▲ $2,819,203$974,399$22,566,391
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric TarboxScout Executive/CEOFT$267,845$64,501$332,346
Michael WilsonDeputy Scout Executive/CFOFT$199,869$26,697$226,566
Mark MchaddonDirector of PhilanthropyFT$174,966$25,342$200,308
Evgenia MirfildDirector of FundraisingFT$101,030$49,371$150,401
Steve SolbergDirector of Field ServiceFT$137,259$7,030$144,289
Dianne BetzDirector of ProgramFT$128,482$15,355$143,837

Board Members and Trustees

NameTitle
Dan KrentDistrict Chair
Kristy BurchardDistrict Chair
Michael DavisDistrict Chair
Robertson KuDistrict Chair
Trina Coffman-gomezDistrict Chair
Wayne CunninghamDistrict Chair
Mark LazzariniPast President
Chris McguganPresident
Stephen HenkenmeierExec Vice President
Andrew RatermannBoard Member
Bobby TodaBoard Member
Charles EricksonBoard Member
Dan RusanowskyBoard Member
David AdamskiBoard Member
David MaBoard Member
David OkamuraBoard Member
Dick NoackBoard Member
Douglas EricksonBoard Member
Eve BrasfieldBoard Member
George DeniseBoard Member
Hal HendricksonBoard Member
James BrennerBoard Member
Karen PeckBoard Member
Ken BowerBoard Member
Margo CombsBoard Member
Mary DammBoard Member
Michael NguyenBoard Member
Peter BairdBoard Member
Peter ChuiBoard Member
Rick LeisingerBoard Member
Robert SapienBoard Member
Tam QuachBoard Member
Tim MclaughlinBoard Member
Todd TrayerBoard Member
Tom P LackovicBoard Member
William C JenningsBoard Member
David LoVP Board Development
Jeff ThompsonCouncil Commisssioner
Michael WarrenLegal Council
Mike CatelaniTreasurer
Richard BrennerVP Administration
Carmen FullerVP at Large
Jon BallVP at Large
Justin LeisingerVP at Large
Peter LemonVP at Large
Paul BrannonVP Capital Projects
Jennifer MejiaVP Customer Relations
Dave HoltVP Diversity Equity Inclusion
Robert WedigVP Endowment
Michael GablerVP Field Operations
Jeff CushmanVP Financial Dev
Steve CardinalliVP Membership/rel
Kathi LucasVP Program
Todd TrekellVP Properties
Revenue and Support

Revenue Composition

Contributions and Grants
$3,227,089
Program Service Revenue
$1,827,977
Investment Income
$4,964,814
Other Revenue
$1,097,351
All Other Contributions
$2,367,130
Change in Net Assets
$4,012,586

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table38$62,339Fair Market Value (FMV)
Other Non Cash Contri Table6$46,383Fair Market Value (FMV)
Other Non Cash Contri Table13$22,511Fair Market Value (FMV)
Other Non Cash Contri Table2$8,040Fair Market Value (FMV)
Other Non Cash Contri Table11$5,420Fair Market Value (FMV)
Food Inventory7$2,126Fair Market Value (FMV)
Total Noncash Contributions77$146,819-

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,953,705
Revenue Not Reported on Financial Statements
$163,526
Revenue Not Reported on Form 990
$374,235
Total Revenue per Audited Statements
$11,327,940
Total Revenue per Form 990
$11,117,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,550,859
Salaries, Compensation, and Employee Benefits$3,430,614
Total Fundraising Expense$1,182,070
Grants and Similar Amounts Paid$61,987
Professional Fundraising Fees$61,185

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,758,364$73,520$374,015$2,205,899
Occupancy$677,252$20,120$90,078$787,450
Current Officers, Directors, Trustees, and Key Employees$422,777$57,993$78,142$558,912
Depreciation Depletion$517,468$2,865$10,142$530,475
Pension Plan Contributions$204,527$13,138$49,531$267,196
Payroll Taxes$209,011$11,394$40,331$260,736
Insurance$183,160$1,022$3,619$187,801
Fees for Service Investment Mgmnt Fees-$163,526-$163,526
Fees for Services Other$112,792$3,210$43,316$159,318
Travel$105,634$5,938$45,417$156,989
Office Expenses$77,495$3,753$64,471$145,719
Other Employee Benefits$106,855$4,554$26,462$137,871
All Other Expenses$94,943$6,527$23,109$124,579
Payments to Affiliates$115,072--$115,072
Fees for Services Accounting$21,953$84,478$5,573$112,004
Grants to Domestic Individuals$61,987--$61,987
Fees for Services Professional Fundraising--$61,185$61,185
Advertising$24,723$308$1,127$26,158
Conferences and Meetings$21,746$736$2,607$25,089
Information Technology$2,576$185$654$3,415
Fees for Services Legal$2,828$99$350$3,277
Other Expenses$89,313$2,245$1,000$1,000
Total Functional Expenses$5,453,856$468,719$1,182,070$7,104,645

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,104,645
Total Expenses per Audited Statements$6,990,119
Expenses per Audited Statements$6,941,119
Expenses Not Reported on Financial Statements$163,526
Expenses Not Reported on Form 990$49,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$241,342
Fundraising Direct Expenses$184,505
Professional Fundraising Fees$61,185

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Distinguished Citizens Dinner$554,485$63,295-$63,295
Sporting Clays$188,260$59,156$46,628$12,528
Total Events$1,100,961$241,342$184,505$56,837
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Paul BrannonOwner of Brannon Corporation, Providing Construction ServicesConstruction Servicesthis Transaction Was Reviewed by the Board Pursuant to Conflict of Interest Policies and Approved to Engage in a Construction Contract With the Board Member.No$45,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$777,321
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Justin leisinger and rick leisinger have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The council's tax preparers provide a draft of the form 990 to the council's management for review. Upon receiving approval from management, the tax preparers present the return to the board of directors to address high level issues and comments. After the presentation, the board of directors reviews the return in detail and gives their feedback. After the board of directors' comments have been addressed, the return goes back to the board of directors for final approval. The tax preparers are then given authorization to finalize the return.”

Form 990, Part VI, Section B, Line 12C

“The council requires the board of directors to sign an acknowledgement of the conflict of interest policy annually. No member of the executive board or member of any committee thereof shall participate by discussion, voting, or by any other action taken by the executive board or any committee thereof, in the enactment of or defeat of a motion which relates to any transaction with any related party. In case any such matter is discussed at any meeting where any executive board or committee member who has such an interest is present, he or she shall promptly disclose their interest in the matter to be voted on to the chairman of the meeting. They shall not vote on the matter and at the discretion of the disinterested members present may be required to leave the meeting during the discussion and the voting on the matter.”

Form 990, Part VI, Section B, Line 15

“The council's compensation committee is responsible for reviewing and approving salaries. The committee evaluates the compensation survey received from the national office, which compares salaries for similar positions in the area. Based on this information the committee determines the propriety of the council salaries and employment contracts.”

Form 990, Part VI, Section C, Line 19

“The organization makes governing documents, the conflict of interest policy, and financial statements available to the public upon requests only.”

Filing and Contact Details

Filer

Filer Name
Boy Scouts of America 55 Silicon Valley
EIN
94-1156254
Phone
4086388300
Address
1900 THE ALAMEDA STE 100, SAN JOSE, CA 95126

Signing Officer

Name
Eric Tarbox
Title
Scout Executive
Phone
4086388300
Signed
2025-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Tarbox
Formed
1967
Legal Domicile
CA
Voting Board Members
54
Independent Board Members
54
Employees
105
Volunteers
6,521

Preparer

Firm
Wipfli Llp
Address
1502 LONDON ROAD SUITE 200, DULUTH, MN 55812
Preparer
Michael J Peterson CPA
Phone
2187224705
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The council acts as the fiscal sponsor for various other scouting units. As the fiscal sponsor, the council coordinates the financial activities, through the receipt and disbursement of funds, on behalf of the various units. Revenue and expenses are not recognized in the accompanying statements of activities and the funds are not available for operating purposes. Cash receipts in excess of disbursements are reflected in the custodial accounts liability in the statements of financial position.”

PART V, LINE 4:

“The council adopted a board-approved spending policy that allows the operating fund to receive and recognize investment earnings originating from the endowment fund. As of december 31, 2024 and 2023, the board approved spending policy was 5% of the prior 3 years rolling ending market value, not to reduce the fair market value below the corpus. In establishing this policy, the council considered the long-term expected return on its endowment. Accordingly, over the long term, the council expects the current spending policy to allow its endowment to grow at an average of 5% annually. This is consistent with the council's objective to maintain the purchasing power of the endowment assets held in perpetuity or for a specified term as well as to provide additional real growth through new gifts and investment return.”

PART X, LINE 2:

“The council assesses whether it is more likely than not that a tax position will be sustained upon examination of the technical merits or the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of the tax position is not recognized in the financial statements. The council recorded no assets or liabilities for uncertain tax positions or unrecognized tax benefits.”

Raw XML AppendixShowing 400 of 1,138 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0SCOUTING ACTIVITY HAS EXISTED IN SANTA CLARA COUNTY AS EARLY AS 1915 WHEN TROOP 2 IN LOS GATOS WAS FIRST CHARTERED BY THE NATIONAL COUNCIL. MORE THAN 100 YEARS LATER, SCOUTING CONTINUES TO GROW WITH OUR GREAT VALLEY. THE MISSION OF THE SILICON VALLEY MONTEREY BAY COUNCIL, BOY SCOUTS OF AMERICA, IS TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL CHOICES BY INSTILLING IN THEM THE VALUES OF THE SCOUT OATH AND SCOUT LAW. AS ONE OF 250 AUTONOMOUS COUNCIL OF THE BOY SCOUTS OF AMERICA, THE SILICON VALLEY MONTEREY BAY COUNCIL IS RESPONSIBLE FOR CARRYING OUT THIS MISSION IN THE COUNTIES OF SANTA CLARA, MONTEREY, SANTA CRUZ, AND SAN BENITO. WE ARE COUNCIL #055 IN THE NATIONAL SERVICE TERRITORY 3 OF THE BOY SCOUTS OF AMERICA.
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