FIGHTING INDIANS 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

1983

Legal Domicile

Principal Officer

RICK RITTENHOUSE

Tax Period

2024-06-01 to 2025-05-31

FIGHTING INDIANS BAND BOOSTERS, founded in 1983, is a micro nonprofit in the Education sector that reported $89K in total revenue in fiscal year 2024. Revenue fell 77% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE SUPPORT TO THE STUDENTS OF THE VERO BEACH HIGH SCHOOL BAND

Program Service Accomplishments

Program 1

Expenses: $70,697

PROVIDE SUPPORT TO THE VERO BEACH HIGH SCHOOL BAND PROGRAMS, AUGMENTATION OF EDUCATIONAL ACTIVITIES AND TRIPS, PROVIDE SUPPLIES, UNIFORMS AND EQUIPMENT NOT PROVIDED FOR IN THE SCHOOL BUDGET SUPPORT...

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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 $14,561

Program Service Revenue $43,521

Investment Income $0

Other Revenue $30,949

TOTAL REVENUE $89,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,890

Program Expenses $70,697

Other Expenses $87,862

TOTAL EXPENSES $87,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$89,031	$383,070	-0.8%
Expenses	$87,862	$475,360	-0.8%
Net Income	$1,169	$-92,290	-1.0%

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

100

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
MARY CHAVERS	SECRETARY	10.00	Officer	$0	$0	$0
JENNIFER ELLIS	VICE PRESIDE	10.00	Officer	$0	$0	$0
ERIN RAINS	TREASURER	10.00	Officer	$0	$0	$0
RICK RITTENHOUSE	PRESIDENT	10.00	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	$89,031	$87,862	$4,998	$1,169
2024	$131,852	$134,830	$3,829	$-2,978
2023	$110,435	$168,488	$6,428	$-58,053
2022	$117,249	$129,513	$74,477	$-12,264
2021	$62,022	$46,916	$86,741	$15,106
2020	$113,909	$116,092	$71,635	$-2,183
2019	$525,740	$565,089	$73,818	$-39,349
2018	$237,301	$145,009	$114,721	$92,292