Booger Fund

EIN: 873235740 501(c)(3) Recreation & Sports

Seattle, WA

Total Revenue
$479,741
Total Expenses
$464,537
Total Assets
$164,452
Net Assets
$163,583
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
WA
Principal Officer
Steve Westover
Phone
2066976588
Tax Period
2023-01-01 to 2023-12-31

Booger Fund, founded in 2022, is a small nonprofit in the Recreation & Sports sector that reported $480K in total revenue in fiscal year 2023. Revenue surged 87% from the prior year, signaling strong growth momentum. Expenses of $465K left a modest 3% surplus.

Mission

The organization provides leadership guidance and education to youth ages 6-23 along with education and coaching around training, nutrition and skills for cycling.

Program Service Accomplishments

Program 1
Expenses: $95,234 Revenue: $4,903

Teaching Kids Leadership Guidance: We taught the kids leadership guidance and general awareness of their impact on the world through three major events throughout the year along with some smaller...

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Teaching Kids Leadership Guidance: We taught the kids leadership guidance and general awareness of their impact on the world through three major events throughout the year along with some smaller things at races. At the Carry5 Booger event we taught kids the fact that many individuals carry five gallon jugs to and from their communities because of lack of water infrastructure. We taught them how they can be leaders in their community in teaching, understanding, and raising funds. This was reiterated at our Booger Camp in August as well as various Zoom calls. At Booger Camp we teach skills around understanding, giving back, and philanthropy along with lots of bike riding. This year we also launched the Little Booger Clinics that teaches kids 4-12 basic bike skills and giving back to their community. We actively teach the kids good eating and nutrition habits throughout the year along with two major events. One is a zoom call where we talk them through proper fueling and hydration for riding. We also tach them about the balance of carbs and proteins. At Booger Camp we do an additional clinic around electrolytes and proper pre- and post-race fueling. This was taught by a board member.

Program 2
Expenses: $95,235 Revenue: $4,903

Race and Training Support: The team provides race and training support throughout the year. We actively race and are at events with a tent, staff, and equipment to support our riders. We are at...

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Race and Training Support: The team provides race and training support throughout the year. We actively race and are at events with a tent, staff, and equipment to support our riders. We are at around fifty races a year. This is done via the Booger Fund van, tents, tools and supplies.

Program 3
Expenses: $14,000 Revenue: $0

Making a Difference Scholarship: We launched the Making a Difference Scholarship this year which awarded scholarships to kids in college or entering college. We awarded seven scholarships at $2,000 a...

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Making a Difference Scholarship: We launched the Making a Difference Scholarship this year which awarded scholarships to kids in college or entering college. We awarded seven scholarships at $2,000 a piece.

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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 $472,335
Program Service Revenue $0
Investment Income $0
Other Revenue $7,406
TOTAL REVENUE $479,741

Expense Breakdown

Grants Paid $17,188
Salaries & Benefits $192,554
Fundraising Expenses $0
Program Expenses $204,469
Other Expenses $253,334
TOTAL EXPENSES $464,537

Year-over-Year Comparison

2023 2022 Change
Revenue $479,741 $257,076 +0.9%
Expenses $464,537 $108,697 +3.3%
Net Income $15,204 $148,379 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
2
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
5
$100,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Westover Executive Director 35.00
Officer
$100,000 $0 $100,000
Anthony Dickson Board Chair/Treasurer 4.00
Officer
$0 $0 $0
Michelle Westover Board Member 2.00
Officer
$0 $0 $0
Lily Erikson Board Member 2.00
Officer
$0 $0 $0
Lisa Mudrick Board Member 2.00
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
2024 No data No data No data No data
2023 $479,741 $464,537 $164,452 $15,204
2022 $257,076 $108,697 $148,379 $148,379
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