HAZARD BAND BOOSTERS INC (EIN 621473072) - 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

1990

Legal Domicile

Tax Period

2021-07-01 to 2022-06-30

HAZARD BAND BOOSTERS INC, founded in 1990, is a micro nonprofit in the Education sector that reported $6K in total revenue in fiscal year 2021. Revenue decreased 14% compared to the prior year. Expenses of $10K exceeded revenue, resulting in a 60% operating deficit.

Mission

SERVES STUDENTS IN THE HAZARD HIGH SCHOOL BAND

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,428

Program Service Revenue $0

Investment Income $29

Other Revenue $3,848

TOTAL REVENUE $6,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,109

Other Expenses $10,109

TOTAL EXPENSES $10,109

Year-over-Year Comparison

	2021	2020	Change
Revenue	$6,305	$7,357	-0.1%
Expenses	$10,109	$11,258	-0.1%
Net Income	$-3,804	$-3,901	0.0%

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

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
CHARLIE PENNIGNTON	BOARD MEMBER	0.00	Director	$0	$0	$0
LEZLIE COLLETT	BOARD MEMBER	0.00	Director	$0	$0	$0
CATHY BARNETT	BOARD MEMBER	0.00	Director	$0	$0	$0
KATHY IVEY	TREASURER	1.00	Officer	$0	$0	$0
CLEVELAND COOTS	PRESIDENT	1.00	Officer	$0	$0	$0
NAOMI EVERAGE	VICE PRESIDENT	1.00	Officer	$0	$0	$0
GWENDOLYN JUSTICE	SECRETARY	1.00	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
2022	$6,305	$10,109	$62,166	$-3,804
2021	$7,357	$11,258	$65,970	$-3,901
2020	$21,489	$64,439	$69,871	$-42,950
2019	$44,608	$37,416	$112,821	$7,192
2018	$38,524	$38,067	$105,628	$457

HAZARD BAND BOOSTERS INC