McKinney High School Band Boosters (EIN 752616133) - 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

2004

Legal Domicile

Principal Officer

Cheryl Spofford

Phone

2142150723

Tax Period

2024-06-01 to 2025-05-31

McKinney High School Band Boosters, founded in 2004, is a small nonprofit in the Education sector that reported $980K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT AND ENCOURAGE THE PARTICIPATION OF HIGH SCHOOL STUDENTS IN MARCHING AND CONCERT 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 (2024)

Revenue Breakdown

Contributions & Grants $246,271

Program Service Revenue $615,391

Investment Income $328

Other Revenue $118,034

TOTAL REVENUE $980,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $13,618

Program Expenses $812,469

Other Expenses $953,910

TOTAL EXPENSES $953,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$980,024	$691,330	+0.4%
Expenses	$953,910	$701,663	+0.4%
Net Income	$26,114	$-10,333	-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

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

120

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	Reportable Comp	Other Comp	Total
Laura Lee Minor	President	5.00	$0	$0	$0
Deva Deaton	Treasurer	5.00	$0	$0	$0
Courtney Starnes	VP of Events	2.00	$0	$0	$0
Kerry Root	VP of Operations	10.00	$0	$0	$0
Melisa Kruckeberg	VP Marketing/Fundraising	2.00	$0	$0	$0
Cara Phillips	Secretary	3.00	$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	$980,024	$953,910	$113,937	$26,114
2024	$691,330	$701,663	$134,384	$-10,333
2023	$339,996	$362,213	$26,065	$-22,217
2022	$309,825	$312,309	$36,112	$-2,484
2021	$139,272	$125,577	$36,480	$13,695
2020	$296,542	$299,783	$13,224	$-3,241
2019	$302,274	$299,499	$12,629	$2,775

McKinney High School Band Boosters