Tates Creek Band Boosters Inc
Nonprofit profile at a glance
- EIN
- 616038510
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025
- Location
- Lexington, KY, USA
- Phone
- 8597979651
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $111,631
- Expenses
- $113,922
- Assets
- $30,643
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Joy Hoverman (President)
- Adrienne Thakur (Vice President)
- Carrie White (Vice President)
- Elva Elcock (Vice President)
People named in this filing
- Darin Broady (Treasurer)
- Joy Hoverman (President)
- Adrienne Thakur (Vice President)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide the means and assistance necessary to the tates creek high school band students to participate in local and regional competitions and to enhance their music education with supplemental instruction, equipment, and provisions
What it reported doing in 2025
Provide music instruction and performance experience for band students by funding band competitions throughout the year and covering travel expenses and meals for approximately 100 students who compete state wide in compeitions and perform locally at concerts.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.6%; rating input score 88
- Program expense ratio: 85.8%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2.1%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 24; 24th 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: Limited
- Revenue growth: -4.7% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -10.9% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 87.6% of revenue deployed · 85.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $98K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.