SOMERVILLE MUSIC BOOSTERS INC

EIN: 223686173 501(c)(3) Education

SOMERVILLE, NJ

Total Revenue
$104,281
Total Expenses
$64,669
Total Assets
$133,462
Net Assets
$133,462
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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
1982
Legal Domicile
NJ
Principal Officer
ANN MARIE MORAIS
Phone
9082407125
Tax Period
2024-07-01 to 2025-06-30

SOMERVILLE MUSIC BOOSTERS INC, founded in 1982, is a small nonprofit in the Education sector that reported $104K in total revenue in fiscal year 2024. The organization ran a surplus of $40K, a strong 38% operating margin.

Mission

RAISE FUNDS IN ORDER TO PROVIDE ONGOING SUPPORT OF THE MARCHING BAND OF SOMERVILLE HIGH SCHOOL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $28,993
Program Service Revenue $38,008
Investment Income $1,880
Other Revenue $35,400
TOTAL REVENUE $104,281

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $34,122
Program Expenses $26,837
Other Expenses $64,669
TOTAL EXPENSES $64,669

Year-over-Year Comparison

2024 2023 Change
Revenue $104,281 $109,589 0.0%
Expenses $64,669 $91,086 -0.3%
Net Income $39,612 $18,503 +1.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SNEHAL BATRA VICE PRESIDE N/A
Officer
$0 $0 $0
CATHIE GELINO PRESIDENT N/A
Officer
$0 $0 $0
ANN MARIE MORAIS TREASURER N/A
Officer
$0 $0 $0
MEGAN SMOLIGA SECRETARY N/A
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 $104,281 $64,669 $133,462 $39,612
2024 $109,589 $91,086 $93,850 $18,503
2023 $82,617 $56,777 $75,347 $25,840
2022 $43,796 $83,671 $49,507 $-39,875
2021 $50,571 $33,988 $89,382 $16,583
2020 $40,760 $45,847 $72,799 $-5,087
2019 $97,467 $97,365 $77,886 $102
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