NEWSOME BAND BOOSTERS INC

EIN: 651314141 501(c)(3) Arts, Culture & Humanities

LITHIA, FL

Total Revenue
$262,798
Total Expenses
$239,295
Total Assets
$112,334
Net Assets
$97,345
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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
2007
Principal Officer
TY WALCK
Phone
8137404600
Tax Period
2023-06-01 to 2024-05-31

NEWSOME BAND BOOSTERS INC, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $263K in total revenue in fiscal year 2023. Expenses of $239K left a modest 9% surplus.

Mission

TO STIMULATE STUDENT, PARENT AND COMMUNITY INTEREST AND PARTICIPATION IN THE NEWSOME HIGH SCHOOL BAND PROGRAM. TO PROMOTE MUSIC EDUCATION, ENHANCE THE EDUCATIONAL EXPERIENCE OF BAND PARTICIPANTS, CONTRIBUTE TO THE ADVANCEMENT AND NEEDS OF THE BAND PROGRAMS, ENCOURAGE GROWTH AND ACHIEVEMENT FOR ALL STUDENTS PARTICIPATING IN BAND PROGRAMS AND LEND SUPPORT TO THE DIRECTOR OF BANDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $22,426
Program Service Revenue $239,497
Investment Income $0
Other Revenue $875
TOTAL REVENUE $262,798

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $234,070
Other Expenses $239,295
TOTAL EXPENSES $239,295

Year-over-Year Comparison

2023 2022 Change
Revenue $262,798 $266,261 0.0%
Expenses $239,295 $277,015 -0.1%
Net Income $23,503 $-10,754 -3.2%
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
220

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
8
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY BERNOCCO VP OF OPERAT 15.00
Officer
$0 $0 $0
MELISSA CUEBAS TREASURER 20 15.00
Officer
$0 $0 $0
ELENA FOURNIER RECORDING SE 10.00
Officer
$0 $0 $0
MELANIE HUTCHESON VP OF FUNDRA 10.00
Officer
$0 $0 $0
TRACI MCDONALD MEMBERSHIP S 10.00
Officer
$0 $0 $0
JESSICA VANDA ASSISTANT TR 10.00
Officer
$0 $0 $0
JESSICA VANDA TREASURER 20 N/A
Officer
$0 $0 $0
TY WALCK PRESIDENT 15.00
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
2024 $262,798 $239,295 $112,334 $23,503
2023 $266,261 $277,015 $88,967 $-10,754
2022 $251,357 $263,391 $88,895 $-12,034
2021 $145,165 $122,538 $97,546 $22,627
2020 $248,943 $257,457 $74,713 $-8,514
2019 $180,563 $169,544 $91,181 $11,019
2018 $144,868 $189,539 $74,083 $-44,671
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