SPARTA SCHOOLS BOOSTER CLUB INC

EIN: 800685776 501(c)(3) Education

SPARTA, NJ

Total Revenue
$161,011
Total Expenses
$162,509
Total Assets
$109,708
Net Assets
$109,708
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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
2011
Principal Officer
RIMMA MAASBACH
Phone
9737299498
Tax Period
2024-07-01 to 2025-06-30

SPARTA SCHOOLS BOOSTER CLUB INC, founded in 2011, is a small nonprofit in the Education sector that reported $161K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE PURPOSES FOR WHICH THE CORPORATION IS ACTIVE IS TO FOSTER CHARITABLE AND EDUCATIONAL ACADEMIC ENRICHMENT ABILITY AND PROGRAMS THROUGH ATHLETICS, COMPETITIVE SPORT, MUSIC AND EDUCATION

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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 (2024)

Revenue Breakdown

Contributions & Grants $161,011
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $161,011

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $162,509
Other Expenses $162,509
TOTAL EXPENSES $162,509

Year-over-Year Comparison

2024 2023 Change
Revenue $161,011 $145,809 +0.1%
Expenses $162,509 $148,909 +0.1%
Net Income $-1,498 $-3,100 -0.5%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAUREEN LONGO SECRETARY N/A
Director
$0 $0 $0
LAURA MELVILLE TRUSTEE N/A
Director
$0 $0 $0
STEPHEN STONER VICE PRESIDE N/A
Director
$0 $0 $0
RIMMA MAASBACH PRESIDENT 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 $161,011 $162,509 $109,708 $-1,498
2024 $188,883 $172,096 $111,206 $16,787
2023 $42,844 $59,064 $94,419 $-16,220
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