LHS Band Boosters Inc

EIN: 872187571 501(c)(3) Education

Hot Springs, AR

Total Revenue
$138,159
Total Expenses
$60,440
Total Assets
$77,719
Net Assets
$77,719
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
AR
Principal Officer
Amy Terry
Phone
9709469580
Tax Period
2021-07-01 to 2022-06-30

LHS Band Boosters Inc, founded in 2021, is a small nonprofit in the Education sector that reported $138K in total revenue in fiscal year 2021. The organization ran a surplus of $78K, a strong 56% operating margin.

Mission

The purpose of the organization is to support the students, parents, staff, and teachers of the LHS Band Programs by recruiting volunteers, raising funds, and conducting events.

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Trantor Score

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $78,783
Program Service Revenue $0
Investment Income $0
Other Revenue $59,376
TOTAL REVENUE $138,159

Expense Breakdown

Grants Paid $2,750
Salaries & Benefits $4,571
Fundraising Expenses $0
Program Expenses $54,765
Other Expenses $53,119
TOTAL EXPENSES $60,440

Year-over-Year Comparison

2021 2020 Change
Revenue $138,159 N/A N/A
Expenses $60,440 N/A N/A
Net Income $77,719 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
Jennifer Williams President 0
Officer
$0 $0 $0
Mandi Krauss Vice President 0
Officer
$0 $0 $0
Jenny Gerard Secretary 0
Officer
$0 $0 $0
Amy Terry Treasurer 0
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
2022 $138,159 $60,440 $77,719 $77,719
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