LEXINGTON HIGH SCHOOL BAND BOOSTER CLUB (EIN 570760871) - Form 990 Financial Analysis & Trantor Score

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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

1981

Legal Domicile

Principal Officer

DAN SOBEL

Phone

8039518974

Tax Period

2023-07-01 to 2024-06-30

LEXINGTON HIGH SCHOOL BAND BOOSTER CLUB, founded in 1981, is a small nonprofit in the Education sector that reported $234K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

TO SUPPORT THE LEXINGTON HIGH SCHOOL BAND PROGRAM

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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 $104,786

Program Service Revenue $0

Investment Income $2

Other Revenue $129,366

TOTAL REVENUE $234,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $241,337

Other Expenses $250,469

TOTAL EXPENSES $250,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$234,154	$259,989	-0.1%
Expenses	$250,469	$314,028	-0.2%
Net Income	$-16,315	$-54,039	-0.7%

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

N/A

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
KRISTI HARMON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
RICHARD FREEMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
SHANNON BUSSELL	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRIS WINSTON	TREASURER	2.00	Officer Director	$0	$0	$0
DAN SOBEL	TREASURER-ELECT	2.00	Director	$0	$0	$0
KATIE BEDENBAUGH	MEMBERSHIP	2.00	Director	$0	$0	$0
KELLY ARNOLD	PARLIAMENTARIAN	2.00	Director	$0	$0	$0
MEAGAN SCHNEIDER	WAYS AND MEANS	2.00	Director	$0	$0	$0
KELLY BOSWELL	MEMBER-AT-LARGE	2.00	Director	$0	$0	$0
LORI CAREY	CONCESSIONS	2.00	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	$234,154	$250,469	$47,034	$-16,315
2023	$259,989	$314,028	$62,041	$-54,039
2022	$123,192	$140,209	$56,084	$-17,017
2021	$85,087	$83,040	$72,592	$2,047

LEXINGTON HIGH SCHOOL BAND BOOSTER CLUB