MERIDIAN HIGH BAND BOOSTERS INC FUND

EIN: 640607274 501(c)(3) Education

MERIDIAN, MS

Total Revenue
$53,375
Total Expenses
$53,224
Total Assets
$18,851
Net Assets
$18,851
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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
1977
Legal Domicile
MS
Tax Period
2022-07-01 to 2023-06-30

MERIDIAN HIGH BAND BOOSTERS INC FUND, founded in 1977, is a micro nonprofit in the Education sector that reported $53K in total revenue in fiscal year 2022. Revenue surged 404% from the prior year, signaling strong growth momentum.

Mission

SUPPORT PUBLIC 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $53,374
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $53,375

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $24,522
Program Expenses $27,633
Other Expenses $53,224
TOTAL EXPENSES $53,224

Year-over-Year Comparison

2022 2021 Change
Revenue $53,375 $10,592 +4.0%
Expenses $53,224 $10,693 +4.0%
Net Income $151 $-101 -2.5%
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

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Governance

Voting Members
7
Independent Members
7
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANESHA TURNER TREASURER 0.00
Officer
$0 $0 $0
SYLVIA YATES SECRETARY 0.00
Officer
$0 $0 $0
VERNON V JOHNSON III THIRD VICE PRESIDENT 0.00
Officer
$0 $0 $0
CHIKETA MCCLENDON PRESIDENT 0.00
Officer
$0 $0 $0
MICHAELA HARRINGTON VICE PRESIDENT 0.00
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
2023 $53,375 $53,224 $18,851 $151
2022 $10,592 $10,693 $18,700 $-101
2021 $11,298 $5,517 $18,801 $5,781
2020 $18,373 $16,464 $13,020 $1,909
2019 $16,231 $14,450 $11,111 $1,781
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