Apex Friendship High School Dance Boosters

Nonprofit profile at a glance

EIN
844654923
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Apex, NC, USA
Phone
9196940500
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Parent/Teacher Group

Reported finances

Revenue
$72,041
Expenses
$71,960
Assets
$27,817
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Angela Brown (President)
  • Kristen Montgomery (Vice-President)

People named in this filing

  • Angela Brown (President)
  • Kristen Montgomery (Vice-President)
  • Laura deFreitas (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our primary focus is to provide support to the dance program and its dedicated team. To achieve this goal, we have successfully raised funds to enhance several vital aspects of the dance program. These resources have been directed toward crucial support for guest choreographers, acquiring necessary musical resources, facilitating participation in national competitions, and providing for travel in exciting competitions in expansive performance venues.

What it reported doing in 2024

We raised funds to support both the dance team and the broader dance program. This investment encompasses funding competition costumes, enlisting skilled choreographers for our competitive teams, and providing stylish uniforms and jerseys, all with the aim of ensuring their success in dance competitions, including the prestigious National Dance Alliance competitions. Beyond competitions, our holistic approach readies the team to captivate the high school community and event attendees, including football games. This investment reflects our unwavering commitment to cultivating a well-prepared and thriving dance team that not only excels in competitions but also instills a deep sense of pride and excitement in our high school and its events.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.9%; rating input score 98
  • Program expense ratio: 98%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.1%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -4.2% per year; rating input score 0; 37th percentile among comparable filings
  • Revenue growth: -3.8% per year; rating input score 0; 37th percentile among comparable filings
  • Asset growth: 1.2% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 97.9% of revenue deployed · 98% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $71K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.