Taft Raiders Band 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

1985

Legal Domicile

Principal Officer

JoAnne Smith

Phone

3252603368

Tax Period

2023-07-01 to 2024-06-30

Taft Raiders Band Boosters, founded in 1985, is a small nonprofit in the Education sector that reported $274K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 20% operating margin.

Mission

Provided Scholarship and volunteers and financial support to all members of the Taft High School Bank approximately 250 members.

Program Service Accomplishments

Program 1

Expenses: $170,576 Revenue: $180,889

Successfully provided the scholarship and volunteers and financial support to all members of the Taft High School Band which has approximately 250 members.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,899

Program Service Revenue $191,360

Investment Income $0

Other Revenue $74,465

TOTAL REVENUE $273,724

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $15,844

Program Expenses $170,576

Other Expenses $214,700

TOTAL EXPENSES $219,700

Year-over-Year Comparison

	2023	2022	Change
Revenue	$273,724	$208,685	+0.3%
Expenses	$219,700	$189,563	+0.2%
Net Income	$54,024	$19,122	+1.8%

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

250

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
JoAnne Smith	President	25.00	Officer Director	$0	$0	$0
Brian Wiggins	1st Vice President	25.00	Officer Director	$0	$0	$0
Melissa Romero	2nd Vice President	25.00	Officer Director	$0	$0	$0
Lisa Waughtal	Treasurer	25.00	Officer Director	$0	$0	$0
Alyssa Lopez	Secretary	25.00	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	No data	No data	No data	No data
2024	$273,724	$219,700	$219,650	$54,024
2023	$208,685	$189,563	$181,621	$19,122