ASHLEY RIDGE HIGH SCHOOL BAND BOOSTERS ORGANIZATION

EIN: 263269717 501(c)(3) Education

SUMMERVILLE, SC

Total Revenue
$231,280
Total Expenses
$104,857
Total Assets
$209,343
Net Assets
$209,343
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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
2009
Legal Domicile
SC
Principal Officer
SHERRI HOLT
Phone
8436954900
Tax Period
2022-07-01 to 2023-06-30

ASHLEY RIDGE HIGH SCHOOL BAND BOOSTERS ORGANIZATION, founded in 2009, is a small nonprofit in the Education sector that reported $231K in total revenue in fiscal year 2022. The organization ran a surplus of $126K, a strong 55% operating margin.

Mission

SUPPORT & PROMOTE THE BAND PROGRAM AT ASHLEY RIDGE 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 (2022)

Revenue Breakdown

Contributions & Grants $188,888
Program Service Revenue $0
Investment Income $0
Other Revenue $42,392
TOTAL REVENUE $231,280

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,399
Other Expenses $104,857
TOTAL EXPENSES $104,857

Year-over-Year Comparison

2022 2021 Change
Revenue $231,280 N/A N/A
Expenses $104,857 N/A N/A
Net Income $126,423 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

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Governance

Voting Members
6
Independent Members
6
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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE COSTA VICE PRESIDE 10.00
Officer Director
$0 $0 $0
ALICE CRONIN VP - WAYS & 10.00
Officer Director
$0 $0 $0
CARITA HATMAKER TREASURER 10.00
Officer Director
$0 $0 $0
SHERRI HOLT PRESIDENT 10.00
Officer Director
$0 $0 $0
DANIELLE TONZOLA GUARD LIAISO 10.00
Officer Director
$0 $0 $0
MINDY WYATT SECRETARY 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
2023 $231,280 $104,857 $209,343 $126,423
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