LEXINGTON HIGH BOOSTER CLUB INC

EIN: 263676667 501(c)(3) Philanthropy & Grantmaking

LEXINGTON, SC

Total Revenue
$122,656
Total Expenses
$114,887
Total Assets
$73,246
Net Assets
$73,246
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
SC
Principal Officer
TIM WALKER
Phone
8039512700
Tax Period
2022-06-01 to 2023-05-31

LEXINGTON HIGH BOOSTER CLUB INC, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $123K in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $115K left a modest 6% surplus.

Mission

THE LEXINGTON HIGH BOOSTER CLUB IS A GROUP OF PARENTS, COACHES AND SCHOOL ADMINISTRATORS WHOSE MISSION IS TO ENRICH THE LEXINGTON HIGH SCHOOL ATHLETIC COMMUNITY BY PROVIDING FINANCIAL SUPPORT FOR THE LEXINGTON HIGH SCHOOL ATHLETIC PROGRAMS. THE CLUB'S MEMBERS ARE DEDICATED TO THE CONTINUED SUPPORT OF THE LEXINGTON HIGH STUDENT ATHLETES, COACHING STAFF AND TRAINERS. IN ADDITION TO FINANCIAL SUPPORT, THE CLUB RECOGNIZES THAT PARTICIPATION IN HIGH SCHOOL ATHLETICS BENEFITS EVERYONE AND PROMOTES OPPORTUNITIES TO BUILD AND STRENGTHEN RELATIONSHIPS AMONG ALL INVOLVED: THE STUDENT BODY, COACHING AND TEACHING STAFF, PARENTS AND THE COMMUNITY. THE CLUB STRIVES TO SUPPORT ATHLETIC AND ACADEMIC EXCELLENCE, PROMOTE SPORTSMANSHIP, AND MAINTAIN THE HISTORY AND TRADITION OF EXCELLENCE FOR ALL STUDENT ATHLETES AT LEXINGTON HIGH SCHOOL. THROUGH MEMBERSHIPS AND FUNDRASING ACTIVITIES, THE CLUB PROMOTES "WISH LIST" FUNDING FOR LHS ATHLETIC TEAMS AND SCHOLARSHIPS TO GRADUATING SENIOR ATHLETES.

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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 $90,954
Program Service Revenue $0
Investment Income $0
Other Revenue $31,702
TOTAL REVENUE $122,656

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $110,470
Other Expenses $114,887
TOTAL EXPENSES $114,887

Year-over-Year Comparison

2022 2021 Change
Revenue $122,656 $112,824 +0.1%
Expenses $114,887 $109,084 +0.1%
Net Income $7,769 $3,740 +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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LIZ CARPENTER BOARD MEMBER 1.00
Director
$0 $0 $0
TIM CRONIN BOARD MEMBER 1.00
Director
$0 $0 $0
KAYLEEN FOX VICE PRESIDE 2.00
Officer Director
$0 $0 $0
MARNI LAWSON BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE MURRAY CO-TREASURER 2.00
Officer Director
$0 $0 $0
DAVETTA PICKETT-TAYLOR VICE PRESIDE 2.00
Officer Director
$0 $0 $0
JENNIFER SCHULZ BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL SCHULZ TREASURER 2.00
Officer Director
$0 $0 $0
KYLE SNYDER BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANY WALKER SECRETARY 2.00
Officer Director
$0 $0 $0
TIM WALKER PRESIDENT 5.00
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 $122,656 $114,887 $73,246 $7,769
2022 $112,824 $109,084 $65,477 $3,740
2021 $65,341 $70,073 $61,737 $-4,732
2020 $139,656 $92,266 $66,469 $47,390
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