Mighty Canton Band Boosters

Nonprofit profile at a glance

EIN
934302781
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Canton, TX, USA
Phone
9036031996
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Private Independent Foundations

Official website

Reported finances

Revenue
$172,118
Expenses
$159,080
Assets
$109,559
Liabilities
$0

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

Leadership & pay

11 people listed

Executive titles in this filing

  • KEITH NATIONS (PRESIDENT)
  • CHELSIE CANNON (PRESIDENT)
  • COREY SIMPSON (VICE PRESIDENT)
  • BREEANA PADILLA (VICE PRESIDENT)

People named in this filing

  • SUMMER WILSON (TREASURER/DIRECTOR)
  • JESSICA BLANTON (DIRECTOR)
  • AMANDA DURGIN (DIRECTOR)

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

Provide assistance to the band programs of the cisd, which involves the following activities: raise funds for the cost of the corporation, the band programs, and for scholarshipsencourage support within the cisd schools for the band programsassist and work with any other groups to further the purpose

What it reported doing in 2024

Concession stand: preparation, stocking, maintenance, and selling items to raise funds for the band

Operating model

Revenue model
Other-operating. 94% 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

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: 92
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.5%; rating input score 89
  • Program expense ratio: 95.8%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.6%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.69; rating input score 47; 47th 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: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 88.5% of revenue deployed · 95.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $152K in reported program spending
  • Leadership: top reported pay $0 · 11 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.

  • Review — Sustainability: Operating margin scored 53/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.