Civic Intelligence

Greenwood Band Parents Organization Inc

EIN 35-1783935 • 501(c)3 • Greenwood, IN

Profile

The GBPO exists to provide financial and human capital to support the 15-time Indiana State Champion, Greenwood Marching Woodmen and Irish Guard, and the Greenwood Community High School bands, jazz ensemble, winter percussion, and winter guard.

PO Box 903Greenwood, IN 46142

www.ghsband.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.94x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

0.67x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

33rd percentile

-7.4%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

33rd percentile

-18%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

7.6%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$128,331

Down $28,226 (-18%) from 2022

Liabilities

Down

$120,021

Down $6,800 (-5.4%) from 2022

Net Assets

Down

$8,310

Down $21,426 (-72%) from 2022

Revenue

Up

$180,385

Up $12,788 (+7.6%) from 2022

Expenses

Up

$193,768

Up $30,817 (+19%) from 2022

Net Income

Down

-$13,383

Down $18,029 (-388%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2021: $166,987Liabilities 2021: $101,373Net Assets 2021: $65,6142021Assets 2022: $156,557Liabilities 2022: $126,821Net Assets 2022: $29,7362022Assets 2023: $128,331Liabilities 2023: $120,021Net Assets 2023: $8,3102023

Highlighted filing

2023

Assets$128,331
Liabilities$120,021
Net Assets$8,310

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2021: $81,114Expenses 2021: $77,298Net Income 2021: $3,8162021Revenue 2022: $167,597Expenses 2022: $162,951Net Income 2022: $4,6462022Revenue 2023: $180,385Expenses 2023: $193,768Net Income 2023: -$13,3832023

Highlighted filing

2023

Revenue$180,385
Expenses$193,768
Net Income-$13,383

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$267,026
Mission and Program Overview

Mission

The GBPO exists to provide financial and human capital to support the 15-time Indiana State Champion, Greenwood Marching Woodmen and Irish Guard, and the Greenwood Community High School bands, jazz ensemble, winter percussion, and winter guard.

The GBPO exists to provide financial and human capital to support the Greenwood Marching Woodmen and Irish Guard, the Greenwood Community High School bands, jazz ensemble, winter percussion, and winter guard.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$73,841$74,660▲ $819
Cash and Non-Interest-Bearing Accounts$53,447$18,462▼ $34,985
Investments Program Related$26,775$18,224▼ $8,551
Prepaid Expenses and Deferred Charges$7,920$10,585▲ $2,665
Accounts Receivable$4,508$6,400▲ $1,892
Total Assets$166,491$128,331▼ $38,160
Liabilities
Other Liabilities$118,058$115,884▼ $2,174
Accounts Payable and Accrued Expenses$18,697$4,137▼ $14,560
Total Liabilities$136,755$120,021▼ $16,734
Net Assets / Fund Balance
Net Assets With Donor Restrictions$26,775$18,224▼ $8,551
Net Assets Without Donor Restrictions$2,961$-9,914▼ $12,875
Total Net Assets Fund Balance$29,736$8,310▼ $21,426
Total Liabilities and Net Assets / Fund Balance$166,491$128,331▼ $38,160

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$3,039--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$14,775-▲ $410-$15,185
2021$10,527$3,340▲ $1,489-$14,775
2020$8,836-▲ $2,211-$10,527
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew ShortPresident
Jaime OeffingerVice President
Jennifer BrinkerVice President
Emily WindellGuard Representative
Charlene DudenhoefferSecretary
Tiffanie EllisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,961
Program Service Revenue
$459
Investment Income
$886
Other Revenue
$78,079
All Other Contributions
$13,342
Change in Net Assets
$-13,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,198
Grants and Similar Amounts Paid$1,570
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$49,205--$49,205
Fees for Services Other$38,748--$38,748
Other Expenses$19,432--$19,432
All Other Expenses$7,697$6,715-$14,412
Conferences and Meetings$13,886--$13,886
Travel$8,699--$8,699
Office Expenses-$3,133-$3,133
Grants to Domestic Individuals$1,570--$1,570
Information Technology-$1,308-$1,308
Insurance-$805-$805
Total Functional Expenses$181,807$11,961$0$193,768
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$150,317
Fundraising Direct Expenses$84,023
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concessions Sales$54,151$54,151-$54,151
Marching Invitational$30,616$30,616$13,225$17,391
Total Events$149,409$149,409$83,115$66,294
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
General Trip Reserve Fund$33,354
Percussion Grant Reserve$27,267
Band Council Funds$17,311
Federal income taxes$14,000
Dean Buennagel Memorial Fund$10,000
Concert Uniform Reserve Fund$5,800
Middle School Reserve$4,362
General Band Reserve Fund$2,386
Music Lesson Reserve Fund$1,070
Senior Banner Fund$334
Credit balances on customer accounts-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 and all necessary schedules are completed by the Treasurer of the organization. Once completed, the form 990 and all required schedules are then submitted for review by the officers. Once reviewed and approved by the officers, the form 990 is submitted to the IRS.

Form 990, Part VI, Section C, Line 19

Corporate documents such as bylaws, financial statements, conflict of interest policy, and IRS form 990 and related schedules are available to the public upon verbal or written request. During the academic year, the organization holds monthly meetings where these documents are available for review by the public. The organization also has a website and dedicated email addresses where officers can be contacts with requests for the governing documents and financial statements.

Form 990, Part VI, Section B, Line 12C

Officers and committee chairpersons are required to sign the conflict of interest policy yearly stating that they have no conflicts of interest or submit a list of possible conflicts of interest for the executive board to review.

Form 990, Part VI, Section A, Line 7A

The organization has members who are the parents of band students. The members elect a group of executive officers that make operational decisions for the organization.

Form 990, Part VI, Section A, Line 7B

Any governance decisions or changes must be approved by the members of the organization.

Filing and Contact Details

Filer

Filer Name
Greenwood Band Parents Organization Inc
EIN
35-1783935
Phone
3178894000
Address
PO Box 903, Greenwood, IN 46142

Signing Officer

Name
Tiffanie Ellis
Title
Treasurer
Phone
3178894000
Signed
2023-10-16
Discuss with paid preparer
No

Organization Details

Principal Officer
Tiffanie Ellis
Formed
1989
Legal Domicile
In
Voting Board Members
250
Independent Board Members
0
Employees
0
Volunteers
100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 7,284, Grants and allocations 0, Revenue 0 Greenwood Community High School Concert Band Our organization supports the high school band with financial and volunteer resources for the approximately 100 students who are learning about music, playing instruments, leadership, and performance.

Form 990, Part IX, Line 11G

Fees for services Marching band show design 12,745, marching band drill design 8,000, marching band music arrangement 7,554, marching band audio engineering 2,000, winter guard show design 3,500, winter percussion music arrangement 1,074, winter percussion show design 3,875.

Form 990, Part XI, Line 9

Other changes in fund balances funds used from Marching Band Uniform Fund -8,960, increase in Sutton Instrument Fund 410

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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Sutton Instrument Endowment Fund
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1GHS Marching Uniform Fund
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Music Lesson Reserve Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Dean Buennagel Memorial Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4General Trip Reserve Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5General Band Reserve Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6Senior Banner Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7Percussion Grant Reserve
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8Middle School Reserve
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc9Band Council Funds
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 7,284, Grants and allocations 0, Revenue 0 Greenwood Community High School Concert Band Our organization supports the high school band with financial and volunteer resources for the approximately 100 students who are learning about music, playing instruments, leadership, and performance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The form 990 and all necessary schedules are completed by the Treasurer of the organization. Once completed, the form 990 and all required schedules are then submitted for review by the officers. Once reviewed and approved by the officers, the form 990 is submitted to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Corporate documents such as bylaws, financial statements, conflict of interest policy, and IRS form 990 and related schedules are available to the public upon verbal or written request. During the academic year, the organization holds monthly meetings where these documents are available for review by the public. The organization also has a website and dedicated email addresses where officers can be contacts with requests for the governing documents and financial statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Officers and committee chairpersons are required to sign the conflict of interest policy yearly stating that they have no conflicts of interest or submit a list of possible conflicts of interest for the executive board to review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization has members who are the parents of band students. The members elect a group of executive officers that make operational decisions for the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Any governance decisions or changes must be approved by the members of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Fees for services Marching band show design 12,745, marching band drill design 8,000, marching band music arrangement 7,554, marching band audio engineering 2,000, winter guard show design 3,500, winter percussion music arrangement 1,074, winter percussion show design 3,875.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other changes in fund balances funds used from Marching Band Uniform Fund -8,960, increase in Sutton Instrument Fund 410
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d

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