Broadneck Music Boosters Inc
Nonprofit profile at a glance
- EIN
- 521693189
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024
- Location
- Annapolis, MD, USA
- Phone
- 4106268362
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $154,308
- Expenses
- $159,386
- Assets
- $66,960
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- EMILY ROBERTSON (PRESIDENT)
- LISA DAVISSON (VICE PRESIDENT)
People named in this filing
- EMILY ROBERTSON (PRESIDENT)
- LISA DAVISSON (VICE PRESIDENT)
- SHERIDA THOMAS (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
To support the broadneck high school music department, including concert band, marching band, jazz ensemble, symphonic orchestra, string orchestra, mixed chorus, vocal ensemble, men's and women's chorus and guitar.
What it reported doing in 2024
Broadneck music boosters financially support the music programs and students financially with instruments, transportation, music, instruction, festivals, etc. All funds are paid with funds from the boosters.
Operating model
- Revenue model
- Membership-supported. 76% of the money available for current operations came from membership dues.
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.3%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: -1.9% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 7.3% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $159K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2012 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: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.