Civic Intelligence

Virginia Band Boosters Inc

EIN 41-1376589 • 501(c)3 • Virginia, MN

Profile

Support the virginia high school band

7717 Hwy 169Virginia, MN 55792

n/A

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.90x

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

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

Liabilities / Revenue

85th percentile

0.16x

Higher debt load relative to revenue than 85% of similar nonprofits.

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

Net Margin

16th percentile

-40%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

14th percentile

-69%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

98th percentile

633%

Faster revenue growth than 98% of similar nonprofits.

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

Assets

Down

$14,626

Down $32,119 (-69%) from 2022

Liabilities

Up

$13,140

Up $950 (+7.8%) from 2022

Net Assets

Down

$1,486

Down $33,069 (-96%) from 2022

Revenue

Up

$81,760

Up $70,612 (+633%) from 2022

Expenses

Up

$114,829

Up $103,704 (+932%) from 2022

Net Income

Down

-$33,069

Down $33,092 (-143878%) from 2022

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2012: $57,119Net Assets 2012: $57,1192012Assets 2013: $63,163Liabilities 2013: $0Net Assets 2013: $63,1632013Assets 2014: $77,985Liabilities 2014: $0Net Assets 2014: $77,9852014Assets 2015: $82,849Liabilities 2015: $0Net Assets 2015: $82,8492015Assets 2016: $78,966Liabilities 2016: $0Net Assets 2016: $78,9662016Assets 2017: $74,079Liabilities 2017: $12,885Net Assets 2017: $61,1942017Assets 2018: $87,565Liabilities 2018: $15,781Net Assets 2018: $71,7842018Assets 2019: $40,222Liabilities 2019: $10,1972019Assets 2020: $47,567Liabilities 2020: $10,197Net Assets 2020: $37,3702020Assets 2021: $44,729Liabilities 2021: $10,197Net Assets 2021: $34,5322021Assets 2022: $46,745Liabilities 2022: $12,190Net Assets 2022: $34,5552022Assets 2023: $14,626Liabilities 2023: $13,140Net Assets 2023: $1,4862023

Highlighted filing

2023

Assets$14,626
Liabilities$13,140
Net Assets$1,486

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $91,779Expenses 2012: $156,946Net Income 2012: -$65,1672012Revenue 2013: $30,284Expenses 2013: $24,240Net Income 2013: $6,0442013Revenue 2014: $39,129Expenses 2014: $24,307Net Income 2014: $14,8222014Revenue 2015: $122,472Expenses 2015: $117,608Net Income 2015: $4,8642015Revenue 2016: $31,164Expenses 2016: $35,047Net Income 2016: -$3,8832016Revenue 2017: $31,206Expenses 2017: $35,809Net Income 2017: -$4,6032017Revenue 2018: $28,561Expenses 2018: $17,971Net Income 2018: $10,5902018Revenue 2019: $54,990Expenses 2019: $96,749Net Income 2019: -$41,7592019Revenue 2020: $15,412Expenses 2020: $8,067Net Income 2020: $7,3452020Revenue 2021: $637Expenses 2021: $3,475Net Income 2021: -$2,8382021Revenue 2022: $11,148Expenses 2022: $11,125Net Income 2022: $232022Revenue 2023: $81,760Expenses 2023: $114,829Net Income 2023: -$33,0692023

Highlighted filing

2023

Revenue$81,760
Expenses$114,829
Net Income-$33,069

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$82,685
Mission and Program Overview

Mission

Support the virginia high school band

To support various band programs

Program Services

DescriptionGrantsExpenses
Support of various band programs including summer band and marching band$0$114,277
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lindsay EngelPresident-$0--
Aaron WelchVice Pres/President-$0--
Megan RedmondSecretary-$0--
Dawn TrexelTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Band Boosters Inc
EIN
41-1376589
Phone
2187501877
Address
7717 Hwy 169, Virginia, MN 55792

Signing Officer

Name
Dawn Trexel
Title
Treasurer
Phone
2187501877
Signed
2023-11-13

Preparer

Firm
Sterle & Co Ltd
Address
522 E HOWARD ST STE 207, HIBBING, MN 55746
Preparer
Bonnie Sterle
Phone
2182625525
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Programming - Band Trip exepnses 104340.

Form 990EZ, Part I, Line 16

Programming - Summer Marching expenses 5639.

Form 990EZ, Part I, Line 16

Programming - Miscellaneous supplies 3698.

Form 990EZ, Part I, Line 16

Programming - Senior awards 600.

Form 990EZ, Part I, Line 16

Administration - office 75.

Form 990EZ, Part II, Line 26

Deferred accounts 12190. 13140.

Raw XML Appendix188 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Programming - Band Trip exepnses 104340.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Programming - Summer Marching expenses 5639.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Programming - Miscellaneous supplies 3698.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Programming - Senior awards 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Administration - office 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Deferred accounts 12190. 13140.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum02187501877
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
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ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

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