Seven Lakes High School Band Boosters (EIN 061747677) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Wenjiang Han

Phone

2812372848

Tax Period

2024-06-01 to 2025-05-31

Seven Lakes High School Band Boosters, founded in 2005, is a small nonprofit in the Education sector that reported $592K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

To provide support to the Seven Lakes High School Band through volunteer service and financial assistance.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $48,682

Program Service Revenue $451,680

Investment Income $0

Other Revenue $91,880

TOTAL REVENUE $592,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $556,802

Other Expenses $591,884

TOTAL EXPENSES $591,884

Year-over-Year Comparison

	2024	2023	Change
Revenue	$592,242	$500,947	+0.2%
Expenses	$591,884	$500,947	+0.2%
Net Income	$358	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

150

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Darla Corrigan	President	10.00	Officer Director	$0	$0	$0
Denise Dibble	Secretary	10.00	Officer Director	$0	$0	$0
Robin May	Treasurer	10.00	Officer Director	$0	$0	$0
Rebecca Griffin	Vice President	10.00	Officer Director	$0	$0	$0
Aimee Evans	Vice President	10.00	Officer Director	$0	$0	$0
Michelle Young	Vice President	10.00	Officer Director	$0	$0	$0
Shameki Duncan	Vice President	10.00	Officer Director	$0	$0	$0
Jean Dorsi	Vice President	10.00	Officer Director	$0	$0	$0
Freddy Falck	Vice President	10.00	Officer Director	$0	$0	$0
Sarah Belcher	Chairman	10.00	Officer Director	$0	$0	$0
Isabel de Majo	Vice President	10.00	Officer Director	$0	$0	$0
Cristina Garcia	Vice President	10.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$592,242	$591,884	$352,807	$358
2024	$500,947	$500,947	$164,636	No data
2023	$615,303	$611,245	$38,035	$4,058
2022	$547,138	$521,734	$42,678	$25,404
2021	$239,613	$266,436	$9,618	$-26,823
2019	$457,138	$462,548	$47,321	$-5,410
2018	$521,323	$509,298	$70,601	$12,025

Seven Lakes High School Band Boosters