Maroon Band Boosters Inc

Nonprofit profile at a glance

EIN
320060704
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2013, Form 990-EZ 2024
Location
Madisonville, KY, USA
Phone
2708256017
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$120,554
Expenses
$101,181
Assets
$43,411

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

Leadership & pay

5 people listed

Executive titles in this filing

  • LAWRENCE SWINGLER (PRESIDENT)
  • TESSA SWINGLER (CO PRESIDENT)

People named in this filing

  • LAWRENCE SWINGLER (PRESIDENT)
  • KENNI CRANE (VICE PRESIDE)
  • VAUGHN BRUMMER (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 madisonville north hopkins instrumental music program in any and all of its endeavors, which should include, but is not limited to (a) financial, (b) safety, (c) morale, (d) program support, and (e) providing chaperones. To promote instrumental music through marching band activities.

What it reported doing in 2024

To support the madisonville north hopkins instrumental music program in any and all of its endeavors.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 100
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.9%; rating input score 84
  • 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: Yes; rating input score 100

Sustainability

  • Operating margin: 16.1%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 7% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: -4% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 1.7% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 83.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $101K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 11 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.