MUSTANG HIGH SCHOOL BAND BOOSTER C… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

Terrance Lagaly

Phone

4056955711

Tax Period

2023-06-01 to 2024-05-31

MUSTANG HIGH SCHOOL BAND BOOSTER CLUB, founded in 2007, is a small nonprofit in the Education sector that reported $186K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

To lend support, both moral and financial, to the band directors and students of the Instrumental Music Department of Mustang High School.

Program Service Accomplishments

Program 1

Expenses: $167,001 Revenue: $0

Mustang Marching Band Show (titled Till Death Do Us Part): The Mustang Marching successfully competed in Marching Band competitions: Bands of America Regional (Midland, TX), Deer Creek Invitational...

Program 2

Expenses: $20,532 Revenue: $64,841

Mustang Marching Invitational, hosted bands from across Oklahoma for a 1 day Marching Band competition.

Program 3

Expenses: $1,213 Revenue: $9,370

The Mustang Marching Band hosts various other small competitions - WGPO.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,130

Program Service Revenue $85,771

Investment Income $39

Other Revenue $93,280

TOTAL REVENUE $186,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,376

Other Expenses $193,376

TOTAL EXPENSES $193,376

Year-over-Year Comparison

	2023	2022	Change
Revenue	$186,220	$219,457	-0.2%
Expenses	$193,376	$258,715	-0.3%
Net Income	$-7,156	$-39,258	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

300

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
Terence Lagaly	President	4	Officer	$0	$0	$0
Matt Eidson	Vice President	1	Officer	$0	$0	$0
Linda Mitra	Treasurer	3	Officer	$0	$0	$0
Khristi Yates	Treasurer	0.3	Officer	$0	$0	$0
Rachel Bankston	Treasurer	3	Officer	$0	$0	$0
Mistie Turner	Treasurer	2	Officer	$0	$0	$0
Kristin Richter	Secretary	0.2	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	$186,220	$193,376	$34,946	$-7,156
2023	$219,457	$258,715	$27,547	$-39,258
2021	$92,741	$94,706	$66,085	$-1,965

MUSTANG HIGH SCHOOL BAND BOOSTER CLUB