Civic Intelligence

Franklin High School Athletic Booster Club Inc.

990 • Fiscal year 2015 • EIN 46-0515525

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 13, 2015

100 Panther DriveFranklin, NC 28734

(828) 421-3992

Siviq Scores

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

Liabilities / Assets

97th percentile

0.76x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • NTEE B82 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

0.16x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • NTEE B82 • <$500k nonprofits • Source year 2015

Net Margin

37th percentile

-1.5%

Higher net margin than 37% of similar nonprofits.

2015 filings • NTEE B82 • <$500k nonprofits • Source year 2015

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2015 filings • NTEE B82 • <$500k nonprofits • Source year 2015

Asset Growth

27th percentile

-8.3%

Faster asset growth than 27% of similar nonprofits.

2015 filings • NTEE B82 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

30th percentile

-23%

Faster revenue growth than 30% of similar nonprofits.

2015 filings • NTEE B82 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$19,264

Down $1,736 (-8.3%) from 2014

Net Assets

Down

$4,622

Down $1,416 (-23%) from 2014

Liabilities

Down

$14,642

Down $320 (-2.1%) from 2014

Revenue

Down

$93,958

Down $27,838 (-23%) from 2014

Expenses

Down

$95,374

Down $16,715 (-15%) from 2014

Net Income

Down

-$1,416

Down $11,123 (-115%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2012: $14,687Liabilities 2012: $21,893Net Assets 2012: -$7,2062012Assets 2014: $21,000Liabilities 2014: $14,962Net Assets 2014: $6,0382014Assets 2015: $19,264Liabilities 2015: $14,642Net Assets 2015: $4,6222015Assets 2017: $37,135Liabilities 2017: $0Net Assets 2017: $37,1352017Assets 2018: $26,858Liabilities 2018: $0Net Assets 2018: $26,8582018Assets 2019: $35,818Liabilities 2019: $0Net Assets 2019: $35,8182019Assets 2020: $22,876Liabilities 2020: $0Net Assets 2020: $22,8762020Assets 2021: $31,399Liabilities 2021: $0Net Assets 2021: $31,3992021Assets 2022: $23,101Liabilities 2022: $0Net Assets 2022: $23,1012022Assets 2024: $122,191Liabilities 2024: $10,000Net Assets 2024: $112,1912024Assets 2025: $127,698Liabilities 2025: $10,000Net Assets 2025: $117,6982025

Highlighted filing

2015

Assets$19,264
Liabilities$14,642
Net Assets$4,622

Operations Trend

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

$200K$150K$100K$50K$0-$50KExpenses 2012: $94,4722012Revenue 2014: $121,796Expenses 2014: $112,089Net Income 2014: $9,7072014Revenue 2015: $93,958Expenses 2015: $95,374Net Income 2015: -$1,4162015Revenue 2017: $71,204Expenses 2017: $57,480Net Income 2017: $13,7242017Revenue 2018: $103,994Expenses 2018: $114,271Net Income 2018: -$10,2772018Revenue 2019: $176,984Expenses 2019: $168,024Net Income 2019: $8,9602019Revenue 2020: $102,325Expenses 2020: $115,267Net Income 2020: -$12,9422020Revenue 2021: $27,181Expenses 2021: $18,658Net Income 2021: $8,5232021Revenue 2022: $100,970Expenses 2022: $109,268Net Income 2022: -$8,2982022Revenue 2024: $139,633Expenses 2024: $80,244Net Income 2024: $59,3892024Revenue 2025: $112,258Expenses 2025: $106,751Net Income 2025: $5,5072025

Highlighted filing

2015

Revenue$93,958
Expenses$95,374
Net Income-$1,416
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$93,958
Mission and Program Overview

Mission

Raise funds for athletic department by selling advertising and concessions at sporting events

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$21,000$19,264▼ $1,736
Total Assets$21,000$19,264▼ $1,736
Liabilities
Other Liabilities$14,962$14,642▼ $320
Total Liabilities$14,962$14,642▼ $320
Net Assets / Fund Balance
Unrestricted Net Assets$6,038$4,622▼ $1,416
Total Net Assets Fund Balance$6,038$4,622▼ $1,416
Total Liabilities and Net Assets / Fund Balance$21,000$19,264▼ $1,736
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tommy CabePresident
Jeremiah PrinceV President
Rhonda BlantonSecretary
Granville YounceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$690
Program Service Revenue
$93,268
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$95,374
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
Occupancy$1,000--$1,000
Interest$924--$924
Office Expenses$529--$529
Other Expenses$470--$470
All Other Expenses$375--$375
Total Functional Expenses$95,374$0$0$95,374
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$14,642
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The treasurer reviews the form 990 before it is e-filed.

Form 990, Page 6, Part VI, Line 19

Documents are kept with the treasurer and is available upon request.

Filing and Contact Details

Filer

Filer Name
Franklin High School Athletic
EIN
46-0515525
Address
100 PANTHER DRIVE, FRANKLIN, NC 28734

Signing Officer

Name
Tommy Cabe
Title
President
Signed
2015-11-13

Organization Details

Formed
2002
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
Michael L Ramey CPA Pa
Address
114 MACON CENTER DR, FRANKLIN, NC 28734
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

SUPPORT SERVICES

Raw XML Appendix284 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER REVIEWS THE FORM 990 BEFORE IT IS E-FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE KEPT WITH THE TREASURER AND IS AVAILABLE UPON REQUEST.
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BOOSTER CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0460515525
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
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ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-13
ReturnHeader/ReturnTs02015-11-14T09:43:53-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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