Folsom Band Boosters (EIN 680195729) - 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

1992

Legal Domicile

Phone

9168644272

Tax Period

2024-06-01 to 2025-05-31

Folsom Band Boosters, founded in 1992, is a small nonprofit that reported $285K in total revenue in fiscal year 2024.

Mission

The mission of the organization is promoting excellence through music education. This mission is realized through the efforts and talents of a dedicated team of volunteers and community support offering music programs to the youth of Folsom CA.

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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 $3,520

Program Service Revenue $281,841

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,361

Expense Breakdown

Grants Paid $5,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,074

Other Expenses $288,188

TOTAL EXPENSES $293,438

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,361	$299,364	0.0%
Expenses	$293,438	$261,170	+0.1%
Net Income	$-8,077	$38,194	-1.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

150

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
Patrick Diffley	Director	10.00	Director	$0	$0	$0
Cherry Sagun	Director	10.00	Director	$0	$0	$0
Nicole Hager	Secretary	10.00	Officer	$0	$0	$0
Laura Porterfield	President	10.00	Officer	$0	$0	$0
Andy Porterfield	President	10.00	Officer	$0	$0	$0
Jolyn Duquette	Vice President	10.00	Officer	$0	$0	$0
Jennifer Welton	Treasurer	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	$285,361	$293,438	$43,064	$-8,077
2024	$299,364	$261,170	$44,859	$38,194
2023	$333,273	$337,452	$14,105	$-4,179
2022	$229,963	$213,316	$34,054	$16,647
2020	$340,452	$304,918	$38,620	$35,534
2019	$377,825	$384,232	$32,610	$-6,407
2018	$364,409	$348,619	$26,627	$15,790

Folsom Band Boosters