Harrisonburg Band Boosters Club

Nonprofit profile at a glance

EIN
541302615
IRS 990-EZ coverage
2011–2022
Forms available
Form 990-EZ 2022
Location
Harrisonburg, VA, USA
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Music Groups, Bands, Ensembles

Official website

Reported finances

Revenue
$69,132
Expenses
$63,994
Assets
$96,073

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • REBECCA PENROD (PRESIDENT)

People named in this filing

  • REBECCA PENROD (PRESIDENT)
  • MARQUIS MCGEE (VICE PRESIDE)
  • KIM TINKHAM (SECRETARY)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The band boosters mission is to create interest in and give financial and other support to the harrisonburg high school bands, the thomas harrison middle school band, the skyline middle school band, and flag corps. The harrisonburg band programs are committed to developing life long passions for musical excellence in an environment that fosters integrity and excitement while connecting our band family to the community through performance and positive learning experiences.

What it reported doing in 2022

Harrisonburg high school bands (marching band, symphonic band, concert band, and ensembles) programs services during the year included performances at football games, local parades, and various school concerts during the year. The band also competed in several juried competitions in the state with high rankings(see website) and the hhs band was named a vboda honor band for the 12th time and is a vmea blue ribbon school. Scholarships were awarded to students and aid provided for training camps.

Operating model

Revenue model
Earned-program. 67% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96%; rating input score 96
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.4%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 1.5; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4.4% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 9% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 96% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $64K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2011 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Sustainability: Operating margin scored 58/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.