Civic Intelligence

Fhs Band Boosters

990 • Fiscal year 2015 • EIN 45-5585107

Jun 01, 2014 to May 31, 2015 • Filed on Apr 05, 2016

PO Box 1674Forney, TX 75126

(972) 832-7550

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

24th percentile

-9.6%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

93rd percentile

107%

Faster revenue growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$42,662

Down $22,724 (-35%) from 2014

Net Assets

Down

$42,662

Down $22,724 (-35%) from 2014

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$235,724

Up $121,917 (+107%) from 2014

Expenses

Up

$258,448

Up $143,645 (+125%) from 2014

Net Income

Down

-$22,724

Down $21,728 (-2182%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $71,613Net Assets 2013: $71,6132013Assets 2014: $65,386Net Assets 2014: $65,3862014Assets 2015: $42,662Liabilities 2015: $0Net Assets 2015: $42,6622015Assets 2016: $35,418Net Assets 2016: $35,4182016Assets 2017: $13,910Liabilities 2017: $0Net Assets 2017: $13,9102017Assets 2018: $11,367Net Assets 2018: $11,3672018Assets 2019: $24,402Net Assets 2019: $24,4022019Assets 2020: $45,078Liabilities 2020: $0Net Assets 2020: $45,0782020Assets 2021: $58,049Net Assets 2021: $58,0492021Assets 2022: $45,367Liabilities 2022: $0Net Assets 2022: $45,3672022Assets 2023: $102,193Liabilities 2023: $0Net Assets 2023: $102,1932023Assets 2024: $108,860Liabilities 2024: $0Net Assets 2024: $108,8602024Assets 2025: $112,997Liabilities 2025: $0Net Assets 2025: $112,9972025

Highlighted filing

2015

Assets$42,662
Liabilities$0
Net Assets$42,662

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $121,876Expenses 2013: $78,218Net Income 2013: $43,6582013Revenue 2014: $113,807Expenses 2014: $114,803Net Income 2014: -$9962014Revenue 2015: $235,724Expenses 2015: $258,448Net Income 2015: -$22,7242015Revenue 2016: $120,886Expenses 2016: $128,130Net Income 2016: -$7,2442016Revenue 2017: $171,354Expenses 2017: $192,862Net Income 2017: -$21,5082017Revenue 2018: $137,488Expenses 2018: $140,031Net Income 2018: -$2,5432018Revenue 2019: $145,658Expenses 2019: $132,623Net Income 2019: $13,0352019Revenue 2020: $178,242Expenses 2020: $157,566Net Income 2020: $20,6762020Revenue 2021: $113,471Expenses 2021: $100,500Net Income 2021: $12,9712021Revenue 2022: $261,314Expenses 2022: $273,996Net Income 2022: -$12,6822022Revenue 2023: $426,944Expenses 2023: $370,080Net Income 2023: $56,8642023Revenue 2024: $443,989Expenses 2024: $467,385Net Income 2024: -$23,3962024Revenue 2025: $551,331Expenses 2025: $530,204Net Income 2025: $21,1272025

Highlighted filing

2015

Revenue$235,724
Expenses$258,448
Net Income-$22,724
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Apr 5, 2016
Return Version
2014v6.0
Gross Receipts
$287,163
Mission and Program Overview

Mission

Support the forney high school band and color guard.

Functions served by Boosters: provide music lessons, equipment movement and logistics, management and coordination during away trips, providing chaperones during away trips, maintenance of various equipment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$65,386$42,662▼ $22,724
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$65,386$42,662▼ $22,724
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$65,386$42,662▼ $22,724
Total Net Assets Fund Balance$65,386$42,662▼ $22,724
Total Liabilities and Net Assets / Fund Balance$65,386$42,662▼ $22,724
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don LittonPresident
Greg PharrisVice President
Adrianne HertelDirector
Krista HarringtonDirector
Rick HertelDirector
Cherie HensonSecretary
Rachel RosslerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$173,465
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$62,259
All Other Contributions
$18,333
Change in Net Assets
$-22,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,748
Total Fundraising Expense$961
Grants and Similar Amounts Paid$700
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$135,778--$135,778
Office Expenses$1,024$512$511$2,047
Advertising$450-$450$900
Grants to Domestic Individuals$700--$700
Other Expenses$17,462$475-$475
Total Functional Expenses$256,500$987$961$258,448
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,558
Fundraising Direct Expenses$17,118
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
March-a-thon$21,491$21,491$5,245$16,246
Coffee Fundraiser$8,272$8,272$6,655$1,617
Total Events$36,812$36,812$13,593$23,219
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Directors Rick and Adrianne Hertel are husband and wife.

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is provided for review to each board member at the board meeting nearest the completion of the return. The form 990 is emailed to the board members for review if the return must be filed between meetings.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

All documents required to be made available to the public are available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All documents required to be made available to the public are available upon request.

Filing and Contact Details

Filer

Filer Name
Fhs Band Boosters
EIN
45-5585107
Phone
9728327550
Address
PO BOX 1674, FORNEY, TX 75126

Signing Officer

Name
Greg Pharris
Title
Vice President
Signed
2016-04-05
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
50

Preparer

Firm
Murrey Paschall & Caperton PC
Address
301 E BROAD ST, FORNEY, TX 75126-4110
Preparer
Eric Paschall
Phone
9725641660
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0185607
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08272
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021491
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023219
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01693
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06655
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IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt0100
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0SAM LITTON
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0SON OF BOARD MEMBER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0CASH
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Directors Rick and Adrianne Hertel are husband and wife.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED FOR REVIEW TO EACH BOARD MEMBER AT THE BOARD MEETING NEAREST THE COMPLETION OF THE RETURN. THE FORM 990 IS EMAILED TO THE BOARD MEMBERS FOR REVIEW IF THE RETURN MUST BE FILED BETWEEN MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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