Civic Intelligence

Franklin High School Band Boosters Inc.

990 • Fiscal year 2016 • EIN 58-1502844

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 15, 2017

Organization ProfileWWW.THEFRANKLINBAND.ORG
810 Hillsboro RoadFranklin, TN 37064

(615) 472-4450

Siviq Scores

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

Liabilities / Assets

90th percentile

0.57x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

0.16x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

42nd percentile

0.2%

Higher net margin than 42% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

60th percentile

7.7%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$107,973

Up $7,728 (+7.7%) from 2015

Net Assets

Up

$46,962

Up $593 (+1.3%) from 2015

Liabilities

Up

$61,011

Up $7,135 (+13%) from 2015

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin42nd percentile

Revenue

Up

$393,131

Up $94,353 (+32%) from 2015

Expenses

Up

$392,538

Up $97,879 (+33%) from 2015

Net Income

Down

$593

Down $3,526 (-86%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$150K$100K$50K$0Assets 2011: $38,349Liabilities 2011: $31,7632011Assets 2012: $44,625Liabilities 2012: $32,4322012Assets 2013: $61,073Liabilities 2013: $35,140Net Assets 2013: $25,9332013Assets 2014: $95,958Liabilities 2014: $45,172Net Assets 2014: $50,7862014Assets 2015: $100,245Liabilities 2015: $53,876Net Assets 2015: $46,3692015Assets 2016: $107,973Liabilities 2016: $61,011Net Assets 2016: $46,9622016Assets 2017: $81,977Liabilities 2017: $56,358Net Assets 2017: $25,6192017Assets 2018: $76,185Liabilities 2018: $62,555Net Assets 2018: $13,6302018Assets 2019: $75,260Liabilities 2019: $13,447Net Assets 2019: $61,8132019Assets 2020: $55,768Liabilities 2020: $3,295Net Assets 2020: $52,4732020Assets 2021: $97,298Liabilities 2021: $18,666Net Assets 2021: $78,6322021Assets 2022: $85,084Liabilities 2022: $18,693Net Assets 2022: $66,3912022Assets 2023: $113,119Liabilities 2023: $1,068Net Assets 2023: $112,0512023Assets 2024: $135,993Liabilities 2024: $2,173Net Assets 2024: $133,8202024

Highlighted filing

2016

Assets$107,973
Liabilities$61,011
Net Assets$46,962
Open 2016 Filing

Operations Trend

Revenue Growth80th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $151,836Expenses 2011: $171,638Net Income 2011: -$19,8022011Revenue 2012: $138,172Expenses 2012: $132,565Net Income 2012: $5,6072012Revenue 2013: $246,798Expenses 2013: $233,058Net Income 2013: $13,7402013Revenue 2014: $271,339Expenses 2014: $246,486Net Income 2014: $24,8532014Revenue 2015: $298,778Expenses 2015: $294,659Net Income 2015: $4,1192015Revenue 2016: $393,131Expenses 2016: $392,538Net Income 2016: $5932016Revenue 2017: $405,040Expenses 2017: $426,383Net Income 2017: -$21,3432017Revenue 2018: $373,059Expenses 2018: $385,048Net Income 2018: -$11,9892018Revenue 2019: $477,211Expenses 2019: $429,028Net Income 2019: $48,1832019Revenue 2020: $298,511Expenses 2020: $307,851Net Income 2020: -$9,3402020Revenue 2021: $205,557Expenses 2021: $179,398Net Income 2021: $26,1592021Revenue 2022: $312,438Expenses 2022: $324,679Net Income 2022: -$12,2412022Revenue 2023: $314,126Expenses 2023: $268,466Net Income 2023: $45,6602023Revenue 2024: $313,899Expenses 2024: $292,130Net Income 2024: $21,7692024

Highlighted filing

2016

Revenue$393,131
Expenses$392,538
Net Income$593
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$484,141
Mission and Program Overview

Mission

To promote interest of both community and students in the franklin high school band while assisting the director(s) of the high school band and aiding in financing the high school band.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$95,890$105,574▲ $9,684
Prepaid Expenses and Deferred Charges$4,355$2,399▼ $1,956
Total Assets$100,245$107,973▲ $7,728
Liabilities
Deferred Revenue$48,660$52,549▲ $3,889
Accounts Payable and Accrued Expenses$5,216$8,462▲ $3,246
Total Liabilities$53,876$61,011▲ $7,135
Net Assets / Fund Balance
Unrestricted Net Assets$46,369$46,962▲ $593
Total Net Assets Fund Balance$46,369$46,962▲ $593
Total Liabilities and Net Assets / Fund Balance$100,245$107,973▲ $7,728
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Chuck CollinsPresident
Michele BenderSecretary
Mimi VoylesTreasurer
Marla AlbertVice Preside
Pj LittletonVP of Fundra
Vickie ClasbyVP of Hospit
Donnie GrassoVP of Operat
Revenue and Support

Revenue Composition

Contributions and Grants
$39,693
Program Service Revenue
$231,223
Investment Income
$0
Other Revenue
$122,215
All Other Contributions
$39,693
Change in Net Assets
$593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$392,538
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
Travel$165,181--$165,181
Fees for Services Other$100,785--$100,785
Office Expenses$74,149$5,346-$79,495
Other Expenses$5,541--$5,541
Information Technology$214--$214
Total Functional Expenses$387,192$5,346$0$392,538
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$74,084
Fundraising Direct Expenses$29,509
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raffle$63,831$63,831$27,586$36,245
Car Wash$10,253$10,253$1,923$8,330
Total Events$74,084$74,084$29,509$44,575
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
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

“The members of the organization include parents and individuals interested in the franklin high school band.”

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

“Members have the right to elect the board of directors.”

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

“Members have the right to approve other significant decisions of the board of directors. The members do not have the right to share in the profits or a share of the organization's net assets upon the organization dissolution.”

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

“The organization's form 990 was reviewed by the treasurer prior to filing with the irs.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Franklin High School Band Boosters
EIN
58-1502844
Phone
6154724450
Address
810 HILLSBORO ROAD, FRANKLIN, TN 37064

Signing Officer

Name
Jeanette Hackler
Title
Treasurer
Phone
6154724450
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chuck Collins
Formed
1983
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
150

Preparer

Firm
Blankenship CPA Group Pllc
Address
215 WARD CIRCLE, BRENTWOOD, TN 37027-2304
Preparer
Abigail L Campbell CPA
Phone
6153733771
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“OTHER FEES 100,785 0 0”

Form 990, Part XI, Line 9

“Fundraising expenses 29,509 cost of goods sold 61,501 fundraising expenses -29,509 cost of goods sold -61,501”

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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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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt074084
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt044575
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt029509
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt027586
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01923
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE ORGANIZATION INCLUDE PARENTS AND INDIVIDUALS INTERESTED IN THE FRANKLIN HIGH SCHOOL BAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS HAVE THE RIGHT TO APPROVE OTHER SIGNIFICANT DECISIONS OF THE BOARD OF DIRECTORS. THE MEMBERS DO NOT HAVE THE RIGHT TO SHARE IN THE PROFITS OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION DISSOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FORM 990 WAS REVIEWED BY THE TREASURER PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES 100,785 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FUNDRAISING EXPENSES 29,509 COST OF GOODS SOLD 61,501 FUNDRAISING EXPENSES -29,509 COST OF GOODS SOLD -61,501
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0100245
IRS990/TotalAssetsEOYAmt0107973
IRS990/TotalAssetsGrp/BOYAmt0100245
IRS990/TotalAssetsGrp/EOYAmt0107973
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt039693
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05346
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0387192
IRS990/TotalFunctionalExpensesGrp/TotalAmt0392538
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt053876
IRS990/TotalLiabilitiesEOYAmt061011
IRS990/TotalLiabilitiesGrp/BOYAmt053876
IRS990/TotalLiabilitiesGrp/EOYAmt061011
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt046369
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046962
IRS990/TotalProgramServiceExpensesAmt0387192
IRS990/TotalProgramServiceRevenueAmt0231223
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0308863
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0393131
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0100245
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0107973
IRS990/TravelGrp/ProgramServicesAmt0165181
IRS990/TravelGrp/TotalAmt0165181
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt046369
IRS990/UnrestrictedNetAssetsGrp/EOYAmt046962
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0810 HILLSBORO ROAD
IRS990/USAddress/CityNm0FRANKLIN
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037064
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.THEFRANKLINBAND.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEANETTE HACKLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06154724450
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN HIGH SCHOOL BAND BOOSTERS
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0581502844
ReturnHeader/Filer/PhoneNum06154724450
ReturnHeader/Filer/USAddress/AddressLine1Txt0810 HILLSBORO ROAD
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037064
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450491842
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLANKENSHIP CPA GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0215 WARD CIRCLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370272304
ReturnHeader/PreparerPersonGrp/PhoneNum06153733771
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ABIGAIL L CAMPBELL CPA
ReturnHeader/ReturnTs02017-02-11T09:31:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$107,973
Liabilities
$61,011
Net assets
$46,962
Revenue
$393,131
Expenses
$392,538
Net income
$593
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.02$1.34$3.14$2.92$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.01$1.12$3.14$2.68$0.46
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.19$0.66$3.12$3.25$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.19$0.79$2.06$1.79$0.26
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.52$2.99$3.08$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.13$0.62$4.77$4.29$0.48
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.63$0.14$3.73$3.85$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.56$0.26$4.05$4.26$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.61$0.47$3.93$3.93$0.01
2015Summary only. Only limited summary data is available for this year.$1.00$0.54$0.46$2.99$2.95$0.04
2014Summary only. Only limited summary data is available for this year.$0.96$0.45$0.51$2.71$2.46$0.25
2013Summary only. Only limited summary data is available for this year.$0.61$0.35$0.26$2.47$2.33$0.14
2012Summary only. Only limited summary data is available for this year.$0.45$0.32$1.38$1.33$0.06
2011Summary only. Only limited summary data is available for this year.$0.38$0.32$1.52$1.72$0.20