TRI TOWN BAND BOOSTERS INC

EIN: 351842111 501(c)(3) Unknown

Schererville, IN

Total Revenue
$167,450
Total Expenses
$261,982
Total Assets
$66,413
Net Assets
$66,413
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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
1991
Legal Domicile
IN
Principal Officer
Jolene Meyer
Tax Period
2019-01-01 to 2019-12-31

TRI TOWN BAND BOOSTERS INC, founded in 1991, is a small nonprofit in the Unknown sector that reported $167K in total revenue in fiscal year 2019. Expenses of $262K exceeded revenue, resulting in a 56% operating deficit.

Mission

Support the Tri-town band programs.

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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 (2019)

Revenue Breakdown

Contributions & Grants $5,109
Program Service Revenue $62,778
Investment Income $2
Other Revenue $99,561
TOTAL REVENUE $167,450

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $525
Program Expenses $261,457
Other Expenses $261,982
TOTAL EXPENSES $261,982

Year-over-Year Comparison

2019 2018 Change
Revenue $167,450 $167,624 0.0%
Expenses $261,982 $148,875 +0.8%
Net Income $-94,532 $18,749 -6.0%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
15

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joleen Myers President 5
Officer Director
$0 $0 $0
Cara Gelet Vice President 5
Officer Director
$0 $0 $0
Susan Munsie Vice President 5
Officer Director
$0 $0 $0
Mary Peloza Secretary 5
Officer Director
$0 $0 $0
Diana Seljan Treasurer 5
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
2019 $167,450 $261,982 $66,413 $-94,532
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