GLENELG MARCHING UNIT BOOSTERS INC

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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

Principal Officer

HOWARD KRAKOWER

Phone

4104091341

Tax Period

2022-07-01 to 2023-06-30

GLENELG MARCHING UNIT BOOSTERS INC, founded in 2011, is a micro nonprofit in the Education sector that reported $30K in total revenue in fiscal year 2022. Revenue surged 113% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14K, a strong 47% operating margin.

Mission

TO SUPPORT THE MARCHING BAND OF GLENELG HIGH SCHOOL.

Program Service Accomplishments

Program 1

Expenses: $11,822

PROGRAM SERVICE ACCOMPLISHMENTS: THE GLENELG MARCHING UNIT WEBSITE (WWW.GLENELGBANDS.COM). PURCHASE OF MARCHING UNIT UNIFORMS PURCHASE OF NEW BAND INSTRUMENTS REPAIR OF BAND INSTRUMENTS REPAIR AND...

PROGRAM SERVICE ACCOMPLISHMENTS: THE GLENELG MARCHING UNIT WEBSITE (WWW.GLENELGBANDS.COM). PURCHASE OF MARCHING UNIT UNIFORMS PURCHASE OF NEW BAND INSTRUMENTS REPAIR OF BAND INSTRUMENTS REPAIR AND FITTING OF MARCHING UNIT UNIFORMS EACH SCHOOL YEAR REPAIR AND FITTING OF SYMPHONIC BAND TUXES EACH YEAR. SCHOOL SNACK BAR AFTER SCHOOL EVERY DAY SCHOOL SNACK BAR DURING INDOOR SPORTING EVENTS HOST ANNUAL HOWARD COUNTY ADJUDICATION FOR 12 HIGH SCHOOL AND ALL MIDDLE SCHOOLS O PROVIDE STAGE CREW TO RECONFIGURE STAGE FOR EACH SCHOOLS PERFORMANCE O PROVIDES DOOR MONITORS FOR CROWD CONTROL O PROVIDE LUNCH AND DINNER FOR JUDGES O PROVIDE FOOD FOR ALL STUDENTS IN A SNACK BAR FORMAT PROVIDE BREAKFAST FOR TEACHERS ONE MORNING BEFORE NEW SCHOOL YEAR PROVIDE PHOTOS OF ALL MARCHING UNIT EVENTS DURING YEAR PROVIDE YOU-TUBE VIDEO OF MARCHING UNIT PERFORMANCES PURCHASE SILKS SQUAD FLAGS, DANCE TEAM POMPOMS, AND PERFORMANCE EQUIPMENT FOR THE YEAR 2020, DUE TO COVID 19, WE DID NOT HAVE MOST OF THE PROGRAMS IN PLACE.

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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 $2,113

Program Service Revenue $4,930

Investment Income $39

Other Revenue $23,211

TOTAL REVENUE $30,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,897

Program Expenses $11,822

Other Expenses $16,024

TOTAL EXPENSES $16,024

Year-over-Year Comparison

	2022	2021	Change
Revenue	$30,293	$14,198	+1.1%
Expenses	$16,024	$14,828	+0.1%
Net Income	$14,269	$-630	-23.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
BARBARA BALL	RECORDING SE	1.00	Officer Director	$0	$0	$0
GEORGE CONNOLLY	PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNIFER CONNOLLY	PRESIDENT	1.00	Officer Director	$0	$0	$0
HOWARD KRAKOWER	TREASURER	1.00	Officer Director	$0	$0	$0
KASSIDY SHARP	DANCE DIRECT	1.00	Director	$0	$0	$0
BRETT TAYLOR	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CHRIS WINTERS	BAND DIRECTO	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$30,293	$16,024	$195,767	$14,269
2022	$14,198	$14,828	$184,772	$-630
2021	$11,964	$9,821	$181,749	$2,143
2020	$22,641	$26,939	$181,054	$-4,298
2019	$72,673	$49,079	$191,240	$23,594