Little Elm Band Boosters Inc
Nonprofit profile at a glance
- EIN
- 471494315
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990 2015, Form 990-EZ 2016
- Location
- Little Elm, TX, USA
- Phone
- 9728323216
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $132,477
- Expenses
- $98,886
- Assets
- $162,804
- Liabilities
- $45,862
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- MARK FRIZZELL (PRESIDENT)
People named in this filing
- MARK FRIZZELL (PRESIDENT)
- DEIDRE MILLER (VICE PRESIDE)
- CATHY HULL (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support and encourage the students and faculty of little elm independent school district band and to promote the music education of the students.
What it reported doing in 2016
Support the band financially through fundraisers and promote the music education of the students.
Operating model
- Revenue model
- Other-operating. 100% 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. Revenue has declined or grown slowly and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.1%; rating input score 73
- Program expense ratio: 98%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 25.4%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 1.65; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -28.3% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 28.4% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 73.1% of revenue deployed · 98% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $97K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.