Frenship ISD Athletic Booster Club

EIN: 752735568 501(c)(3) Education

Wolfforth, TX

Total Revenue
$563,348
Total Expenses
$460,997
Total Assets
$425,307
Net Assets
$425,307
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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
2000
Legal Domicile
TX
Phone
8067872222
Tax Period
2022-07-01 to 2023-06-30

Frenship ISD Athletic Booster Club, founded in 2000, is a small nonprofit in the Education sector that reported $563K in total revenue in fiscal year 2022. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 18% operating margin.

Mission

To support the athletic programs of Frenship ISD

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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 $46,234
Program Service Revenue $0
Investment Income $1,944
Other Revenue $515,170
TOTAL REVENUE $563,348

Expense Breakdown

Grants Paid $132,753
Salaries & Benefits $0
Fundraising Expenses $176,203
Program Expenses $280,783
Other Expenses $328,244
TOTAL EXPENSES $460,997

Year-over-Year Comparison

2022 2021 Change
Revenue $563,348 $469,413 +0.2%
Expenses $460,997 $380,018 +0.2%
Net Income $102,351 $89,395 +0.1%
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
20
Independent Members
20
Employees
N/A
Volunteers
75

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melinda Pharies President 0.00
Officer
$0 $0 $0
Brad Wilson Vice President 0.00
Officer
$0 $0 $0
Cari Kinsey Secretary 0.00
Officer
$0 $0 $0
Gina Laughlin Treasurer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $563,348 $460,997 $425,307 $102,351
2022 $469,413 $380,018 $322,956 $89,395
2021 $317,716 $282,438 $233,561 $35,278
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