SANDERSON MUSIC BOOSTERS

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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

2007

Legal Domicile

Principal Officer

LIESE FAIRCLOTH

Phone

9198814800

Tax Period

2024-06-01 to 2025-05-31

SANDERSON MUSIC BOOSTERS, founded in 2007, is a small nonprofit that reported $224K in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 50% operating margin.

Mission

FINANCIAL AND VOLUNTEER SUPPORT FOR SANDERSON HIGH SCHOOL BAND.

Program Service Accomplishments

Program 1

Expenses: $100,941 Revenue: $189,077

BOOSTER ORGANIZATION PROVIDES FUNDING AND VOLUNTEER RESOURCES FOR THE BAND PARTICIPATION IN MARCHING AND CONCERT COMPETITIONS, FOOTBALL HALF-TIME PERFORMANCES, PARADES, WINTERGUARD COMPETITIONS AND...

Program 2

Expenses: $10,801

BOOSTER ORGANIZATION PROVIDES FUNDING IN EXCESS OF THE AMOUNT AVAILABLE FROM THE SCHOOL SYSTEM FOR THE PURCHASE AND MAINTENANCE OF MUSICAL INSTRUMENTS, SHEET MUSIC AND OTHER PERMANENT ITEMS FOR THE...

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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 $24,452

Program Service Revenue $191,465

Investment Income $7

Other Revenue $8,480

TOTAL REVENUE $224,404

Expense Breakdown

Grants Paid $5,869

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $111,742

Other Expenses $105,873

TOTAL EXPENSES $111,742

Year-over-Year Comparison

	2024	2023	Change
Revenue	$224,404	$113,072	+1.0%
Expenses	$111,742	$78,965	+0.4%
Net Income	$112,662	$34,107	+2.3%

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

200

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
JOSH HANDEST	BOARD MEMBER	2.00	Director	$0	$0	$0
ROB HOWARD	PRESIDENT	5.00	Officer Director	$0	$0	$0
JON LUND	BOARD MEMBER	2.00	Director	$0	$0	$0
LIESE FAIRCLOTH	TREASURER	5.00	Officer Director	$0	$0	$0
LISA HARPE	SECRETARY	2.00	Officer Director	$0	$0	$0
MADELEINE BUNGA	FAIR SHARE ACCOUNTS/ASST. TREASURER	5.00	Officer Director	$0	$0	$0
SHANNON EDELMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER PITTMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
TRINIA BURNER	BOARD MEMBER	2.00	Director	$0	$0	$0
MAGGIE HANDEST	BOARD MEMBER	2.00	Director	$0	$0	$0
RACHEL GORRELL	PRESIDENT ELECT	5.00	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
2025	$224,404	$111,742	$232,148	$112,662