Desoto Central Hs Band Boosters

Nonprofit profile at a glance

EIN
352335592
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2009
Location
Southaven, MS, USA
Phone
9018969027
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$212,054
Expenses
$176,496
Assets
$164,103
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • SOFIA ACOSTA (PRESIDENT)

People named in this filing

  • SOFIA ACOSTA (PRESIDENT)
  • JENNIFER LECHNER (V/P OF OPERATIONS)
  • TARA FLANAGAN (V/P OF ADMINISTRATION)

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

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

Overview

Mission

To operate a nonprofit organization exclusively for the support of musical education, and such, will support the following educational purposes: to stimulate and sustain an enthusiastic interest among parents, board members, student body and members of the community; to lend all support, moral and financial, to programs and activities promulgated by or, on behalf of, the dchs bands; to provide/promote fund raising and activity support to members of the dchs bands; to participate in any activity designed or conducted to promote the dchs bands; to accept, hold, and enjoin donations, devices, bequests, grants, and trusts for the use, objects, and benefits of the dchs bands and the organization.

What it reported doing in 2024

Raised funds for musical and guard instruction and competition for the dchs marching band and guard programs. Promoted band and guard activities and reputation at both a local and national level. Supported approximately 500 band and guard students from both the desoto central high school and desoto central middle school by providing uniforms, equipment, props, music, supplemental staff, and by covering competition fees, travel and lodging expense.

Operating model

Revenue model
Other-operating. 61% of the money available for current operations came from other operating 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 62
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.2%; rating input score 80
  • Program expense ratio: 96.4%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.8%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -14.7% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -8.1% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 80.2% of revenue deployed · 96.4% of spending went to programs
  • Governance: 9 of 9 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $170K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 12 filing years from 2010 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.