Civic Intelligence

Castle Band Boosters Inc.

990 • Fiscal year 2020 • EIN 31-1057701

Jun 01, 2019 to May 31, 2020 • Filed on Dec 01, 2020

PO Box 641Newburgh, IN 47630

(812) 853-2009

Siviq Scores

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

Liabilities / Assets

69th percentile

0.21x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.09x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

58th percentile

11%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$6,325

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

84th percentile

58%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2020

Revenue Growth

59th percentile

4.7%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2020

Assets

Up

$162,604

Up $97,317 (+149%) from 2018

Net Assets

Up

$129,065

Up $65,821 (+104%) from 2018

Liabilities

Up

$33,539

Up $31,496 (+1542%) from 2018

Revenue

Up

$370,791

Up $32,346 (+9.6%) from 2018

Expenses

Down

$330,456

Down $1,054 (-0.3%) from 2018

Net Income

Up

$40,335

Up $33,400 (+482%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $13,983Liabilities 2013: $0Net Assets 2013: $13,9832013Assets 2014: $9,454Liabilities 2014: $0Net Assets 2014: $9,4542014Assets 2015: $30,413Liabilities 2015: $0Net Assets 2015: $30,4132015Assets 2016: $55,707Liabilities 2016: $0Net Assets 2016: $55,7072016Assets 2018: $65,287Liabilities 2018: $2,043Net Assets 2018: $63,2442018Assets 2020: $162,604Liabilities 2020: $33,539Net Assets 2020: $129,0652020Assets 2021: $92,753Liabilities 2021: $26,800Net Assets 2021: $65,9532021Assets 2022: $60,401Liabilities 2022: $20,715Net Assets 2022: $39,6862022Assets 2023: $139,850Liabilities 2023: $15,614Net Assets 2023: $124,2362023Assets 2024: $113,153Liabilities 2024: $3,488Net Assets 2024: $109,6652024Assets 2025: $149,978Liabilities 2025: $10,817Net Assets 2025: $139,1612025

Highlighted filing

2020

Assets$162,604
Liabilities$33,539
Net Assets$129,065

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2013: $240,9142013Revenue 2014: $244,870Expenses 2014: $249,399Net Income 2014: -$4,5292014Revenue 2015: $283,654Expenses 2015: $262,695Net Income 2015: $20,9592015Revenue 2016: $308,517Expenses 2016: $283,223Net Income 2016: $25,2942016Revenue 2018: $338,445Expenses 2018: $331,510Net Income 2018: $6,9352018Revenue 2020: $370,791Expenses 2020: $330,456Net Income 2020: $40,3352020Revenue 2021: $300,943Expenses 2021: $363,844Net Income 2021: -$62,9012021Revenue 2022: $389,528Expenses 2022: $415,795Net Income 2022: -$26,2672022Revenue 2023: $519,605Expenses 2023: $457,030Net Income 2023: $62,5752023Revenue 2024: $433,798Expenses 2024: $448,369Net Income 2024: -$14,5712024Revenue 2025: $537,368Expenses 2025: $507,872Net Income 2025: $29,4962025

Highlighted filing

2020

Revenue$370,791
Expenses$330,456
Net Income$40,335
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Dec 1, 2020
Return Version
2019v5.0
Gross Receipts
$540,554
Mission and Program Overview

Mission

Promote activities of area band students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$84,150$123,094▲ $38,944
Land, Buildings, and Equipment, Net-$36,768-
Cash and Non-Interest-Bearing Accounts$7,493$2,742▼ $4,751
Total Assets$91,643$162,604▲ $70,961
Liabilities
Mortgage Notes Payable Secured by Investment Property-$33,539-
Other Liabilities$478--
Total Liabilities$478$33,539▲ $33,061
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$64,865-
Net Assets Without Donor Restrictions$91,165$64,200▼ $26,965
Total Net Assets Fund Balance$91,165$129,065▲ $37,900
Total Liabilities and Net Assets / Fund Balance$91,643$162,604▲ $70,961

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,768$2,626$39,394
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wendy GlassCo-vice PresPT$6,325$6,325

Board Members and Trustees

NameTitle
Jennifer JohnsonCo-president
Steve JohnsonCo-president
Cassie AllenDirector
Melissa ZehnerDirector
Molly AdamsDirector
Tricia RyanDirector
Troy WeningDirector
Chad LambAssistant Tr
Todd GlassCo-vice Pres
Angela ReshadSecretary
Regina StephensonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,631
Program Service Revenue
$176,770
Investment Income
$202
Other Revenue
$156,188
All Other Contributions
$37,631
Change in Net Assets
$40,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$330,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$98,983$17,798-$116,781
Travel$48,828--$48,828
Other Expenses$21,365--$21,365
Insurance-$3,665-$3,665
Depreciation Depletion$2,626--$2,626
Interest$1,671--$1,671
Fees for Services Accounting-$700-$700
Total Functional Expenses$308,293$22,163$0$330,456
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$293,151
Fundraising Direct Expenses$155,478
Gaming Gross Income$32,800
Gaming Direct Expenses$14,285
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pass Through Fu$68,985$68,985$73,959$-4,974
Concessions$52,019$52,019$33,486$18,533
Total Events$274,660$274,660$150,227$124,433
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

PARENTS OF BAND MEMBERS

Form 990, Page 6, Part VI, Line 7A

Boosters vote by secret ballot for officers at the may meeting.

Form 990, Page 6, Part VI, Line 7B

General membership approves the yearly budget. Bylaws state that any deviations from the budget are communicated to the membership.

Form 990, Page 6, Part VI, Line 8B

Each committee does not have authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

A cpa prepares the form 990 and is reviewed by the treasurer and other board members.

Form 990, Page 6, Part VI, Line 19

Open to public inspection.

Filing and Contact Details

Filer

Filer Name
Castle Band Boosters Inc
EIN
31-1057701
Phone
8128532009
Address
PO BOX 641, NEWBURGH, IN 47630

Signing Officer

Name
Chad Lamb
Title
Assistant Treasurer
Phone
8128532009
Signed
2020-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Lamb
Formed
1982
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
250

Preparer

Firm
Vowells & Schaaf Llp
Address
PO BOX 119, EVANSVILLE, IN 47701-0119
Preparer
Jason E Stephens CPA
Phone
8124214165
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Uniforms 20,877 0 0 instruments 19,725 0 0 contract labor-admin 0 14,400 0 winter guard expenses 11,797 0 0 instrument purchases 10,185 0 0 entry fees 8,612 0 0 miscellaneous 7,510 0 0 marching equipment 7,453 0 0 supplies 0 3,259 0 repairs 3,140 0 0 band camp expenses 2,568 0 0 contract labor-design con 2,500 0 0 prop expenses 2,139 0 0 scholarships 1,000 0 0 laundry 628 0 0 sponsorship promos 440 0 0 accessories 367 0 0 postage 0 110 0 senior event 42 0 0 returned check charge 0 14 0 awards 0 9 0 bank/credit card fees 0 6 0 total 98,983 17,798 0

Form 990, Part XI, Line 9

Restricted funds transfers (net) -2,435

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0106059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0202
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0212
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0142
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0115
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0745
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0502721
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0524034
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0530690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0529235
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0312089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02398769
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0202
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0142
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0745
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.92810
IRS990ScheduleA/PublicSupportTotal509Amt02504828
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0540352
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0555412
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0548840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0536735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0323489
IRS990ScheduleA/Total509Grp/TotalAmt02504828
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0540554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0555624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0548982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0536850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0323563
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02505573
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt036768
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02626
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039394
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036768
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0150227
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PASS THROUGH FU
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CONCESSIONS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt068985
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt052019
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0153656
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0274660
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt068985
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt052019
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0153656
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0274660
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0124433
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt042782
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0150227
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt073959
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt033486
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt07
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt014285
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt032800
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt032800
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt018515
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt014285
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt014285
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0CHAD LAMB
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO BOX 641
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0NEWBURGH
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd047630
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARENTS OF BAND MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOSTERS VOTE BY SECRET BALLOT FOR OFFICERS AT THE MAY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GENERAL MEMBERSHIP APPROVES THE YEARLY BUDGET. BYLAWS STATE THAT ANY DEVIATIONS FROM THE BUDGET ARE COMMUNICATED TO THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH COMMITTEE DOES NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A CPA PREPARES THE FORM 990 AND IS REVIEWED BY THE TREASURER AND OTHER BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OPEN TO PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNIFORMS 20,877 0 0 INSTRUMENTS 19,725 0 0 CONTRACT LABOR-ADMIN 0 14,400 0 WINTER GUARD EXPENSES 11,797 0 0 INSTRUMENT PURCHASES 10,185 0 0 ENTRY FEES 8,612 0 0 MISCELLANEOUS 7,510 0 0 MARCHING EQUIPMENT 7,453 0 0 SUPPLIES 0 3,259 0 REPAIRS 3,140 0 0 BAND CAMP EXPENSES 2,568 0 0 CONTRACT LABOR-DESIGN CON 2,500 0 0 PROP EXPENSES 2,139 0 0 SCHOLARSHIPS 1,000 0 0 LAUNDRY 628 0 0 SPONSORSHIP PROMOS 440 0 0 ACCESSORIES 367 0 0 POSTAGE 0 110 0 SENIOR EVENT 42 0 0 RETURNED CHECK CHARGE 0 14 0 AWARDS 0 9 0 BANK/CREDIT CARD FEES 0 6 0 TOTAL 98,983 17,798 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RESTRICTED FUNDS TRANSFERS (NET) -2,435
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt091643
IRS990/TotalAssetsEOYAmt0162604
IRS990/TotalAssetsGrp/BOYAmt091643
IRS990/TotalAssetsGrp/EOYAmt0162604
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt037631
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022163
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0308293
IRS990/TotalFunctionalExpensesGrp/TotalAmt0330456
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0478
IRS990/TotalLiabilitiesEOYAmt033539
IRS990/TotalLiabilitiesGrp/BOYAmt0478
IRS990/TotalLiabilitiesGrp/EOYAmt033539
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt091165
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0129065
IRS990/TotalProgramServiceExpensesAmt0308293
IRS990/TotalProgramServiceRevenueAmt0176770
IRS990/TotalReportableCompFromOrgAmt06325
IRS990/TotalRevenueGrp/ExclusionAmt0202
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0195285
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0370791

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