SLATER BAND BOOSTERS OF THE BANGOR AREA SCHOOLS (EIN 222493657) - 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

1974

Legal Domicile

Principal Officer

Jennifer Fassl

Phone

6105882163

Tax Period

2021-06-01 to 2022-05-31

SLATER BAND BOOSTERS OF THE BANGOR AREA SCHOOLS, founded in 1974, is a small nonprofit that reported $217K in total revenue in fiscal year 2021. Revenue surged 4339% from the prior year, signaling strong growth momentum.

Mission

Raise funds to help support the Bangor Area School District's Instrumental Music Program with equipment purchases and travel expenses to help students attend and compete in parades, festivals, competitions, and adjudications in order to showcase their talents & skills. We also provide several annual scholarships to graduating seniors.

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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 (2021)

Revenue Breakdown

Contributions & Grants $6,748

Program Service Revenue $6,790

Investment Income $19

Other Revenue $203,905

TOTAL REVENUE $217,462

Expense Breakdown

Grants Paid $3,690

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $214,079

Other Expenses $210,389

TOTAL EXPENSES $214,079

Year-over-Year Comparison

	2021	2020	Change
Revenue	$217,462	$4,899	+43.4%
Expenses	$214,079	$8,951	+22.9%
Net Income	$3,383	$-4,052	-1.8%

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

N/A

Employees

N/A

Volunteers

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
Melissa Dean	President	5	Officer	$0	$0	$0
Philip Frisbie	Vice President	10	Officer	$0	$0	$0
Tracy Finkbeiner	Secretary	5	Officer	$0	$0	$0
Kimberley Jennings	Treasurer	10	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
2022	$217,462	$214,079	$30,464	$3,383

SLATER BAND BOOSTERS OF THE BANGOR AREA SCHOOLS