HUSKY ATHLETIC BOOSTER CLUB

EIN: 272233947 501(c)(3) Education

WAKE FOREST, NC

Total Revenue
$333,060
Total Expenses
$201,656
Total Assets
$423,680
Net Assets
$423,680
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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
2010
Legal Domicile
NC
Principal Officer
CHRIS PALMATEER
Phone
9195705660
Tax Period
2023-07-01 to 2024-06-30

HUSKY ATHLETIC BOOSTER CLUB, founded in 2010, is a small nonprofit in the Education sector that reported $333K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $131K, a strong 39% operating margin.

Mission

RAISE FUNDS TO SUPPORT ATHLETIC PROGRAMS AND PROMOTE SCHOOL SPIRIT THROUGH SPORTS

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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 $116,557
Program Service Revenue $0
Investment Income $116
Other Revenue $216,387
TOTAL REVENUE $333,060

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,768
Program Expenses $180,009
Other Expenses $201,656
TOTAL EXPENSES $201,656

Year-over-Year Comparison

2023 2022 Change
Revenue $333,060 $299,929 +0.1%
Expenses $201,656 $249,414 -0.2%
Net Income $131,404 $50,515 +1.6%
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
BRIAN FARIS SECRETARY 1.00
Officer
$0 $0 $0
DWAYNE JONES VICE PRESIDE 1.00
Officer
$0 $0 $0
CHRIS PALMATEER TREASURER 5.00
Officer
$0 $0 $0
KRISTY WHITE PRESIDENT 10.00
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 $333,060 $201,656 $423,680 $131,404
2023 $299,929 $249,414 $328,281 $50,515
2022 $205,330 $150,604 $277,766 $54,726
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