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Published on 12/30/2022 in the Prospect News Distressed Debt Daily.

Boy Scouts of America posts $2.34 million net loss for November

Chicago, Dec. 30 – Boy Scouts of America (BSA) reported a $2.34 million net loss on $8.7 million of gross income/sales for November, according to a monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.

The cash balance at the end of the month was $84.74 million versus $83.44 million at the beginning of November.

BSA’s ending net worth at the end of November was $112.35 million based on $764.96 million of total assets and $652.61 million of total liabilities.

Boy Scouts of America is based in Irving, Tex. It filed bankruptcy on Feb. 17, 2020 under Chapter 11 case number 20-10343.


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