LOVELAND ATHLETIC BOOSTERS INC (EIN 300087494) - 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

2002

Legal Domicile

Principal Officer

MEREDITH DEWITT

Phone

5132523717

Tax Period

2024-01-01 to 2024-12-31

LOVELAND ATHLETIC BOOSTERS INC, founded in 2002, is a small nonprofit in the Education sector that reported $220K in total revenue in fiscal year 2024.

Mission

THE LOVELAND ATHLETIC BOOSTERS IS A NON-PROFIT ORGANIZATION COMPOSED OF ADULT VOLUNTEERS. THE PRIMARY PURPOSE OF THE BOOSTERS IS TO GENERATE INCOME TO SUPPLEMENT THE ATHLETIC DEPARMENT'S BUDGET BY PROVIDING NEEDED SUPPORT, EQUIPMENT, SUPPLIES, AND SPIRIT TO OUR ATHLETIC TEAMS. MONEY IS RAISED BY RUNNING CONCESSIONS, FUNDRAISING, AND THROUGH BOOSTER MEMBERSHIP DUES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $33,949

Program Service Revenue $55,950

Investment Income $2,790

Other Revenue $126,897

TOTAL REVENUE $219,586

Expense Breakdown

Grants Paid $24,335

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $217,159

Other Expenses $195,018

TOTAL EXPENSES $219,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$219,586	$212,619	+0.0%
Expenses	$219,353	$197,251	+0.1%
Net Income	$233	$15,368	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEREDITH DEWITT	PRESIDENT	N/A	Officer	$0	$0	$0
GINA GAERKE	TREASURER	N/A	Officer	$0	$0	$0
STACY LOREK	1ST VICE PRE	N/A	Officer	$0	$0	$0
CARL MARGRAF	2ND VICE PRE	N/A	Officer	$0	$0	$0
TONY WESTLEY	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
2024	$219,586	$219,353	$126,653	$233
2023	$212,619	$197,251	$130,351	$15,368
2022	$270,664	$298,998	$117,217	$-28,334
2021	$222,679	$191,735	$142,450	$30,944
2020	$209,967	$163,599	$105,595	$46,368
2019	$436,040	$451,522	$58,539	$-15,482
2018	$346,129	$355,265	$72,852	$-9,136

LOVELAND ATHLETIC BOOSTERS INC