Comet Athletic Booster Club (EIN 300805659) - 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

2011

Legal Domicile

Phone

5163750678

Tax Period

2022-08-01 to 2023-07-31

Comet Athletic Booster Club, founded in 2011, is a small nonprofit in the Education sector that reported $216K in total revenue in fiscal year 2022. The organization ran a surplus of $33K, a strong 15% operating margin.

Mission

The Comet Athletic Booster Club was formed to encourage and provide support to the athletic program at Clayton High School, Clayton, NC, and to educate, support talent, increase awareness and foster understanding of parental/guardian roles as they relate to the athletic program.

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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 (2022)

Revenue Breakdown

Contributions & Grants $48,699

Program Service Revenue $50,006

Investment Income $87

Other Revenue $117,382

TOTAL REVENUE $216,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,386

Program Expenses $177,799

Other Expenses $183,251

TOTAL EXPENSES $183,251

Year-over-Year Comparison

	2022	2021	Change
Revenue	$216,174	N/A	N/A
Expenses	$183,251	N/A	N/A
Net Income	$32,923	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

Governance

Voting Members

Independent Members

N/A

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
Brian Hale	President	3.00	Officer	$0	$0	$0
Jennifer Nesselrode	Vice President	3.00	Officer	$0	$0	$0
Michele Melvin	Co-Treasurer	8.00	Officer	$0	$0	$0
Leigh Ann Narron	Co-Secretary	3.00	Officer	$0	$0	$0
Molly Beth Herman	Co-Secretary	3.00	Officer	$0	$0	$0
Chad Narron	Co-Treasurer	3.00	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
2023	$216,174	$183,251	$73,480	$32,923

Comet Athletic Booster Club