LUMBERTON BAND BOOSTERS INC

EIN: 760071880 501(c)(3)

LUMBERTON, TX

Total Revenue
$230,126
Total Expenses
$252,804
Total Assets
$30,812
Net Assets
$30,812
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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
1983
Legal Domicile
TX
Principal Officer
KRISTIN ROMERO
Phone
4092017316
Tax Period
2023-03-01 to 2024-02-29

LUMBERTON BAND BOOSTERS INC, founded in 1983, is a small nonprofit that reported $230K in total revenue in fiscal year 2023. Revenue surged 180% from the prior year, signaling strong growth momentum.

Mission

PROMOTE THE MUSICAL EDUCATION AND THE APPRECIATION OF MUSIC OF THE STUDENTS OF THE LUMBERTON INDEPENDENT SCHOOL DISTRICT; TO ASSIST THE TEACHERS AND EDUCATORS OF THE LUMBERTON INDEPENDENT SCHOOL DISTRICT IN THE DEVELOPMENT OR MUSICAL EDUCATION OF THEIR STUDENTS THROUGH PROGRAMS OF VOLUNTARY ASSISTANCE; TO PROMOTE THE ACQUAINTANCE AND THE COOPERATION OF PARENTS AND OTHER PERSONS INTERESTED IN THE ENHANCEMENT OF THE MUSICAL EDUCATION OF THE STUDENTS OF THE LUMBERTON INDEPENDENT SCHOOL DISTRICT; AND TO PROVIDE EDUCATION SCHOLARSHIPS FOR GRADUATES OF THE LUMBERTON INDEPENDENT SCHOOL DISTRICT, PURSUING COLLEGE OR UNIVERSITY PROGRAMS OR MUSICAL STUDY.

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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 $157,710
Program Service Revenue $35,733
Investment Income $0
Other Revenue $36,683
TOTAL REVENUE $230,126

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $248,886
Other Expenses $252,804
TOTAL EXPENSES $252,804

Year-over-Year Comparison

2023 2022 Change
Revenue $230,126 $82,090 +1.8%
Expenses $252,804 $70,576 +2.6%
Net Income $-22,678 $11,514 -3.0%
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
5
Independent Members
5
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JARED BUSH HISTORIAN N/A
Officer
$0 $0 $0
STACEY KEEN SECRETARY N/A
Officer
$0 $0 $0
LAURA PERRIN VICE PRESIDE N/A
Officer
$0 $0 $0
KRISTIN ROMERO PRESIDENT N/A
Officer
$0 $0 $0
LUCINDA TRAHAN TREASURER N/A
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 $230,126 $252,804 $30,812 $-22,678
2023 $82,090 $70,576 $53,490 $11,514
2022 $51,759 $73,150 $52,474 $-21,391
2021 $32,156 $33,910 $63,367 $-1,754
2020 $70,195 $79,808 $65,121 $-9,613
2018 $98,199 $113,490 $47,096 $-15,291
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