HOLLY SPRINGS HIGH SCHOOL BAND BOOTERS

EIN: 113787117 501(c)(3) Education

HOLLY SPRINGS, NC

Total Revenue
$290,240
Total Expenses
$273,910
Total Assets
$165,860
Net Assets
$163,510
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NC
Principal Officer
JAIMIE RUSSELL
Tax Period
2023-06-01 to 2024-05-31

HOLLY SPRINGS HIGH SCHOOL BAND BOOTERS, founded in 2007, is a small nonprofit in the Education sector that reported $290K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $274K left a modest 6% surplus.

Mission

PROMOTE CIVIC INTEREST AND SUPPORT THE HOLLY SPRINGS HIGH SCHOOL BAND.

Program Service Accomplishments

Program 1
Expenses: $96,732 Revenue: $130,598

FOR THE 2023-2024 ACADEMIC YEAR, OUR THREE LARGEST ASPECTS OF OUR BAND PROGRAM AS MEASURED BY EXPENSES, CONSIST OF OUR MARCHING BAND, CONCERTENSEMBLES, AND WINTER INDOOR ENSEMBLES.OUR MARCHING BAND...

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FOR THE 2023-2024 ACADEMIC YEAR, OUR THREE LARGEST ASPECTS OF OUR BAND PROGRAM AS MEASURED BY EXPENSES, CONSIST OF OUR MARCHING BAND, CONCERTENSEMBLES, AND WINTER INDOOR ENSEMBLES.OUR MARCHING BAND PERFORMED AT SIX HOME FOOTBALL GAMES AND ONE HOME PLAYOFF GAME. IN ADDITION, WE TRAVELED TO FOUR COMPETITIONS INCLUDING THE BANDS OF AMERICA CAROLINA REGIONAL AT WAKE FOREST UNIVERSITY, AND TWOPERFORMED AT TWO LOCAL PARADES WHICH ARE GREAT FOR COMMUNITY EXPOSURE AND FUTURE RECRUITING.

Program 2
Expenses: $88,840 Revenue: $119,033

OUR CONCERT ENSEMBLES CONSIST OF A CONCERT BAND, WIND ENSEMBLE, JAZZ ENSEMBLE AND OTHER EXPENSES. ALL THREE PERFORMED IN THREE CONCERTS, AND TWO ATTENDED THE DISTRICT MUSIC PERFORMANCE ADJUDICATION...

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OUR CONCERT ENSEMBLES CONSIST OF A CONCERT BAND, WIND ENSEMBLE, JAZZ ENSEMBLE AND OTHER EXPENSES. ALL THREE PERFORMED IN THREE CONCERTS, AND TWO ATTENDED THE DISTRICT MUSIC PERFORMANCE ADJUDICATION. IN ADDITION TO THIS OUR ENSEMBLES WERE REPRESENTED IN THE ALL-DISTRICT AND ALL-STATE CONCERT BANDS AND ALL-REGION JAZZ BAND.EXPENSES ALSO INCLUDE DEPRECIATION ON THE EQUIPMENT THAT THE ORGANIZATION OWNS. ALL OF THESE ENSEMBLES SERVED APPROXIMATELY 100 STUDENTS AND GAVE THEM A SENSE OF PURPOSE AND ACTIVITIES OUTSIDE OF SCHOOL ACADEMICS

Program 3
Expenses: $81,897 Revenue: $40,610

OUR WINTER INDOOR ENSEMBLES CONSIST OF FOUR WINTER GUARDS AND AN INDOOR PERCUSSION UNIT. THESE GROUPS INCLUDE PERFORMERS FROM ELEMENTARY THROUGH HIGH SCHOOL AGE THAT WE SPONSOR AND PERFORMED AT LOCAL...

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OUR WINTER INDOOR ENSEMBLES CONSIST OF FOUR WINTER GUARDS AND AN INDOOR PERCUSSION UNIT. THESE GROUPS INCLUDE PERFORMERS FROM ELEMENTARY THROUGH HIGH SCHOOL AGE THAT WE SPONSOR AND PERFORMED AT LOCAL COMPETITIONS, WHILE OUR HIGH SCHOOL UNITS TRAVELED TO REGIONAL COMPETITIONS IN VIRGINIA AND SOUTH CAROLINA. OUR VARSITY GUARD ATTENDED THE WINTER GUARD INTERNATIONAL WORLD CHAMPIONSHIPS IN DAYTON, OH.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $143,342
Program Service Revenue $77,042
Investment Income $63
Other Revenue $69,793
TOTAL REVENUE $290,240

Expense Breakdown

Grants Paid $1,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $267,469
Other Expenses $261,739
TOTAL EXPENSES $273,910

Year-over-Year Comparison

2023 2022 Change
Revenue $290,240 $235,348 +0.2%
Expenses $273,910 $229,363 +0.2%
Net Income $16,330 $5,985 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
200
Independent Members
200
Employees
N/A
Volunteers
175

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON KEYSER VP FUNDRAISING 0.00
Officer
$0 $0 $0
JOSHUA HIGGIN SECRETARY 0.00
Officer
$0 $0 $0
JEREMY RAMMALAERE TREASURER 0.00
Officer
$0 $0 $0
JILL SAWYER VP VOLUNTEERS 0.00
Officer
$0 $0 $0
PAUL ALVAREZ CO-PRESIDENT 0.00
Officer
$0 $0 $0
JOSH BORDELON VP TRANSPORTATION 0.00
Officer
$0 $0 $0
TERESA PHILLIPS VP VOLUNTEERS 0.00
Officer
$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 No data No data No data No data
2024 $290,240 $273,910 $165,860 $16,330
2023 $235,348 $229,363 $148,783 $5,985
2018 $140,766 $134,031 $93,047 $6,735
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