Civic Intelligence

Franklin Music Boosters Inc.

990EZ • Fiscal year 2021 • EIN 04-3328492

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

PO Box 492Franklin, MA 02038

(508) 541-1209

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

55th percentile

12%

Higher net margin than 55% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

4.4%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-41%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$62,131

Up $2,641 (+4.4%) from 2020

Net Assets

Up

$62,131

Up $2,641 (+4.4%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$21,777

Down $14,866 (-41%) from 2020

Expenses

Down

$19,136

Down $26,067 (-58%) from 2020

Net Income

Up

$2,641

Up $11,201 (+131%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2011: $47,625Liabilities 2011: $0Net Assets 2011: $47,6252011Assets 2012: $64,309Liabilities 2012: $0Net Assets 2012: $64,3092012Assets 2013: $83,661Liabilities 2013: $0Net Assets 2013: $83,6612013Assets 2014: $57,910Liabilities 2014: $0Net Assets 2014: $57,9102014Assets 2015: $55,513Liabilities 2015: $0Net Assets 2015: $55,5132015Assets 2016: $57,793Liabilities 2016: $0Net Assets 2016: $57,7932016Assets 2017: $54,194Liabilities 2017: $0Net Assets 2017: $54,1942017Assets 2018: $57,472Liabilities 2018: $0Net Assets 2018: $57,4722018Assets 2019: $68,050Liabilities 2019: $0Net Assets 2019: $68,0502019Assets 2020: $59,490Liabilities 2020: $0Net Assets 2020: $59,4902020Assets 2021: $62,131Liabilities 2021: $0Net Assets 2021: $62,1312021Assets 2022: $73,434Liabilities 2022: $0Net Assets 2022: $73,4342022Assets 2023: $82,108Liabilities 2023: $0Net Assets 2023: $82,1082023Assets 2024: $85,107Liabilities 2024: $0Net Assets 2024: $85,1072024

Highlighted filing

2021

Assets$62,131
Liabilities$0
Net Assets$62,131

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $74,497Expenses 2011: $65,937Net Income 2011: $8,5602011Revenue 2012: $104,767Expenses 2012: $88,083Net Income 2012: $16,6842012Revenue 2013: $136,336Expenses 2013: $116,984Net Income 2013: $19,3522013Revenue 2014: $149,272Expenses 2014: $175,023Net Income 2014: -$25,7512014Revenue 2015: $70,209Expenses 2015: $72,606Net Income 2015: -$2,3972015Revenue 2016: $95,187Expenses 2016: $92,907Net Income 2016: $2,2802016Revenue 2017: $59,230Expenses 2017: $62,829Net Income 2017: -$3,5992017Revenue 2018: $66,371Expenses 2018: $63,093Net Income 2018: $3,2782018Revenue 2019: $83,217Expenses 2019: $72,639Net Income 2019: $10,5782019Revenue 2020: $36,643Expenses 2020: $45,203Net Income 2020: -$8,5602020Revenue 2021: $21,777Expenses 2021: $19,136Net Income 2021: $2,6412021Revenue 2022: $72,657Expenses 2022: $61,354Net Income 2022: $11,3032022Revenue 2023: $90,467Expenses 2023: $81,793Net Income 2023: $8,6742023Revenue 2024: $81,427Expenses 2024: $78,428Net Income 2024: $2,9992024

Highlighted filing

2021

Revenue$21,777
Expenses$19,136
Net Income$2,641
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.2
Gross Receipts
$25,925
Mission and Program Overview

Mission

Support Franklin Public School music.

To support franklin public school music.

Program Services

DescriptionGrantsExpenses
SUPPORT THE ENTIRE FRANKLIN PUBLIC SCHOOL MUSIC PROGRAM AT ALL LEVELS.$0$17,217
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEB RYANPresident-$0--
CHARLEEN BELCHERTreasurer-$0--
MARY BETH OLBRYSSecretary-$0--
KAREN DEXTERVice President-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ad Book$3,390$3,390$825$2,565
Car Magnet$15$15-$15
Total Events$3,405$3,405$825$2,580
Filing and Contact Details

Filer

Filer Name
Franklin Music Boosters Inc
EIN
04-3328492
Phone
5085411209
Address
PO BOX 492, FRANKLIN, MA 02038

Signing Officer

Name
Valerie Lincourt
Title
Treasurer
Phone
5085411209
Signed
2022-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Kelley & Larochelle Pc
Address
120 GROVE STREET, FRANKLIN, MA 02038
Preparer
Karen M Larochelle CPA
Phone
5085418060
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 56.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: program expenses. Amount: 17,217. Description: filing fees. Amount: 89. Description: website & communications. Amount: 202. Total to form 990-ez, line 16: 17,508.

Raw XML Appendix213 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT FRANKLIN PUBLIC SCHOOL MUSIC.
IRS990EZ/PrintingPublicationsPostageAmt0178
IRS990EZ/ProgramServiceRevenueAmt0710
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT THE ENTIRE FRANKLIN PUBLIC SCHOOL MUSIC PROGRAM AT ALL LEVELS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/InvestmentIncomeCYPct00.00100
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IRS990ScheduleG/LicensedInd01
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IRS990ScheduleG/StatesWhereGamingConductedCd0MA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 56.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 17,217. DESCRIPTION: FILING FEES. AMOUNT: 89. DESCRIPTION: WEBSITE & COMMUNICATIONS. AMOUNT: 202. TOTAL TO FORM 990-EZ, LINE 16: 17,508.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
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ReturnHeader/Filer/EIN0043328492
ReturnHeader/Filer/PhoneNum05085411209
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 492
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 GROVE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRANKLIN
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ReturnHeader/PreparerPersonGrp/PhoneNum05085418060
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN M LAROCHELLE CPA
ReturnHeader/ReturnTs02022-05-13T08:27:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VALERIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LINCOURT
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.81$0.78$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.90$0.82$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.73$0.61$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.22$0.19$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.37$0.45$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.83$0.73$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.66$0.63$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.59$0.63$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.95$0.93$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.70$0.73$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$1.49$1.75$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.00$0.84$1.36$1.17$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.00$0.64$1.05$0.88$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.74$0.66$0.09