RAMS BOOSTER CLUB INC

EIN: 850711102 501(c)(3) Education

EDEN, NC

Total Revenue
$300,373
Total Expenses
$310,955
Total Assets
$44,188
Net Assets
$44,188
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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
2020
Legal Domicile
NC
Principal Officer
MICHAEL WIDERMAN SR
Phone
3363496361
Tax Period
2023-04-01 to 2024-03-31

RAMS BOOSTER CLUB INC, founded in 2020, is a small nonprofit in the Education sector that reported $300K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSE IS TO SUPPORT THE STUDENT ATHLETES OF THE REIDSVILLE HIGH SCHOOL FOOTBALL PROGRAM BY RECRUITING VOLUNTEERS, RAISING FUNDS, AND CONDUCTING EVENTS. DONATIONS AND CONTRIBUTIONS RECEIVED WILL BE USED TO PROVIDE PREGAME MEALS, DRINKS, JERSEYS/UNIFORMS, ETC. TO MEET THE NEEDS OF THE REIDSVILLE HIGH SCHOOL FOOTBALL TEAM.

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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 $157,551
Program Service Revenue $142,818
Investment Income $4
Other Revenue $0
TOTAL REVENUE $300,373

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $310,955
Other Expenses $310,955
TOTAL EXPENSES $310,955

Year-over-Year Comparison

2023 2022 Change
Revenue $300,373 $404,759 -0.3%
Expenses $310,955 $349,989 -0.1%
Net Income $-10,582 $54,770 -1.2%
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
N/A
Employees
N/A
Volunteers
10

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL WIDERMAN SR PRESIDENT N/A
Officer
$0 $0 $0
STEPHANIE WIDERMAN 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
2024 $300,373 $310,955 $44,188 $-10,582
2023 $404,759 $349,989 $54,770 $54,770
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