WEATHERFORD BAND FAN CLUB INC

EIN: 751525276 501(c)(3) Education

WEATHERFORD, TX

Total Revenue
$53,797
Total Expenses
$71,214
Total Assets
$27,790
Net Assets
$27,790
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
TX
Principal Officer
KRISTIN PERKINS
Phone
6825532255
Tax Period
2023-07-01 to 2024-06-30

WEATHERFORD BAND FAN CLUB INC, founded in 1975, is a micro nonprofit in the Education sector that reported $54K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $71K exceeded revenue, resulting in a 32% operating deficit.

Mission

FOR THE BENEFIT OF YOUTH, SCHOOL AND COMMUNITY, THE WEATHERFORD BAND FAN CLUB EXISTS TO SUPPORT THE WEATHERFORD ISD BAND PROGRAMS (INCLUDING COLORGUARD), ITS DIRECTORS AND THE DISTRICT'S FACULTY AND STAFF IN AN EFFORT TO MAINTAIN A HIGH QUALITY MUSIC PROGRAM. THE ORGANIZATION AIMS TO FOSTER ENTHUSIASM FOR THE PROGRAM, ENCOURAGE STUDENT PARTICIPATION, AND ASSIST DIRECTORS IN CONDUCTING MAJOR PROGRAM ACTIVITIES. THE WBFC WILL RAISE FUNDS AS NEEDED TO ENABLE THE CLUB'S OPERATION AND THE MEETING OF CLUB PURPOSE.

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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 $7,616
Program Service Revenue $0
Investment Income $49
Other Revenue $46,132
TOTAL REVENUE $53,797

Expense Breakdown

Grants Paid $6,960
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,350
Other Expenses $64,254
TOTAL EXPENSES $71,214

Year-over-Year Comparison

2023 2022 Change
Revenue $53,797 $47,047 +0.1%
Expenses $71,214 $39,981 +0.8%
Net Income $-17,417 $7,066 -3.5%
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

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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
11
Independent Members
11
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
11
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURIE ADAMS JR VOLUNTEER 2.00
Officer
$0 $0 $0
MISTY BROWNING JR PRESIDENT 4.00
Officer
$0 $0 $0
KELLY BUCHFINK JR TREASURER 2.00
Officer
$0 $0 $0
SARAH GOSHMAN VP OF COMMUN 2.00
Officer
$0 $0 $0
STEPHANIE LUERCEN JR VP 2.00
Officer
$0 $0 $0
CHRIS OTTENHAUSEN GUARD REP 1.00
Officer
$0 $0 $0
MARCEL OTTENHAUSEN VP OF SOCIAL 2.00
Officer
$0 $0 $0
HEIDI PARISH VP OF STUDEN 3.00
Officer
$0 $0 $0
KRISTIN PERKINS PRESIDENT 4.00
Officer
$0 $0 $0
SAMANTHA SANDERS SECRETARY 2.00
Officer
$0 $0 $0
LADONNA SANDIFER TREASURER 4.00
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 No data No data No data No data
2024 $53,797 $71,214 $27,790 $-17,417
2023 $47,047 $39,981 $45,207 $7,066
2022 $46,694 $46,460 $38,142 $234
2021 $28,400 $36,342 $37,908 $-7,942
2020 $44,112 $49,512 $45,850 $-5,400
2019 $51,680 $81,051 $51,250 $-29,371
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