FAYETTEVILLE BAND BOOSTERS INC

EIN: 861140151 501(c)(3) Education

FAYETTEVILLE, AR

Total Revenue
$364,941
Total Expenses
$297,515
Total Assets
$205,984
Net Assets
$205,984
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
AR
Tax Period
2022-07-01 to 2023-06-30

FAYETTEVILLE BAND BOOSTERS INC, founded in 2005, is a micro nonprofit in the Education sector that reported $32K in total revenue in fiscal year 2020. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO SUPPORT FAYETTEVILLE PUBLIC SCHOOL BAND STUDENTS PARTICIPATION IN REGULAR MARCHING BAND, CONCERT SESSIONS, MARCHING CONTESTS, PARADES, SPECIAL EVENTS, AND STATE, REGIONAL AND NATIONAL COMPETITIONS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $26,547
Program Service Revenue $333,567
Investment Income $0
Other Revenue $4,827
TOTAL REVENUE $364,941

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27
Fundraising Expenses $0
Program Expenses $297,515
Other Expenses $297,488
TOTAL EXPENSES $297,515

Year-over-Year Comparison

2022 2021 Change
Revenue $364,941 $416,944 -0.1%
Expenses $297,515 $384,977 -0.2%
Net Income $67,426 $31,967 +1.1%
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

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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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APRIL HUDSON SECRETARY 0.00
Officer
$0 $0 $0
AMY HINKSON TREASURER 0.00
Officer
$0 $0 $0
DESIREE NELSON PRESIDENT 0.00
Officer
$0 $0 $0
BERNA PARDUE VICE PRESIDENT 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
2023 $364,941 $297,515 $205,984 $67,426
2022 $416,944 $384,977 $136,958 $31,967
2021 $32,435 $42,710 $146,516 $-10,275
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