Civic Intelligence

Longmont High School Music Boosters

990 • Fiscal year 2016 • EIN 84-1596112

Sep 01, 2015 to Aug 31, 2016 • Filed on Jul 14, 2017

PO Box 6022Longmont, CO 80501

(303) 776-8592

Siviq Scores

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

Liabilities / Assets

45th percentile

0.02x

Higher debt load relative to assets than 45% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.04x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

23rd percentile

-9.2%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

52nd percentile

$10,205

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

24th percentile

-5.4%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-25%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$195,969

Down $11,173 (-5.4%) from 2015

Net Assets

Down

$191,186

Down $12,165 (-6.0%) from 2015

Liabilities

Up

$4,783

Up $992 (+26%) from 2015

Revenue

Down

$132,656

Down $43,608 (-25%) from 2015

Expenses

Down

$144,821

Down $68,358 (-32%) from 2015

Net Income

Up

-$12,165

Up $24,750 (+67%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $241,502Liabilities 2011: $2,335Net Assets 2011: $239,1672011Assets 2012: $228,998Liabilities 2012: $2,961Net Assets 2012: $226,0372012Assets 2013: $248,342Liabilities 2013: $2,382Net Assets 2013: $245,9602013Assets 2014: $244,875Liabilities 2014: $4,609Net Assets 2014: $240,2662014Assets 2015: $207,142Liabilities 2015: $3,791Net Assets 2015: $203,3512015Assets 2016: $195,969Liabilities 2016: $4,783Net Assets 2016: $191,1862016Assets 2017: $191,912Liabilities 2017: $2,648Net Assets 2017: $189,2642017Assets 2018: $233,568Liabilities 2018: $4,330Net Assets 2018: $229,2382018Assets 2019: $318,281Liabilities 2019: $4,315Net Assets 2019: $313,9662019Assets 2020: $261,523Liabilities 2020: $2,250Net Assets 2020: $259,2732020Assets 2021: $246,332Liabilities 2021: $0Net Assets 2021: $246,3322021Assets 2022: $244,202Liabilities 2022: $2,106Net Assets 2022: $242,0962022Assets 2023: $263,270Liabilities 2023: $2,300Net Assets 2023: $260,9702023Assets 2024: $382,861Liabilities 2024: $0Net Assets 2024: $382,8612024

Highlighted filing

2016

Assets$195,969
Liabilities$4,783
Net Assets$191,186

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $140,226Expenses 2011: $151,643Net Income 2011: -$11,4172011Expenses 2012: $147,6402012Expenses 2013: $118,8522013Revenue 2014: $122,829Expenses 2014: $128,523Net Income 2014: -$5,6942014Revenue 2015: $176,264Expenses 2015: $213,179Net Income 2015: -$36,9152015Revenue 2016: $132,656Expenses 2016: $144,821Net Income 2016: -$12,1652016Revenue 2017: $265,969Expenses 2017: $277,134Net Income 2017: -$11,1652017Revenue 2018: $266,681Expenses 2018: $226,707Net Income 2018: $39,9742018Revenue 2019: $321,110Expenses 2019: $236,382Net Income 2019: $84,7282019Revenue 2020: $133,918Expenses 2020: $188,611Net Income 2020: -$54,6932020Revenue 2021: $27,266Expenses 2021: $40,207Net Income 2021: -$12,9412021Revenue 2022: $54,064Expenses 2022: $58,300Net Income 2022: -$4,2362022Revenue 2023: $138,310Expenses 2023: $119,437Net Income 2023: $18,8732023Revenue 2024: $295,245Expenses 2024: $173,354Net Income 2024: $121,8912024

Highlighted filing

2016

Revenue$132,656
Expenses$144,821
Net Income-$12,165
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jul 14, 2017
Return Version
2015v3.0
Gross Receipts
$785,956
Mission and Program Overview

Mission

Involving the community, parents, and students to create an environment where students feel supported and encouraged in their music endeavors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$162,274$167,907▲ $5,633
Cash and Non-Interest-Bearing Accounts$40,303$21,865▼ $18,438
Prepaid Expenses and Deferred Charges$4,565$6,197▲ $1,632
Total Assets$207,142$195,969▼ $11,173
Liabilities
Deferred Revenue-$2,105-
Accounts Payable and Accrued Expenses$2,993$1,880▼ $1,113
Other Liabilities$798$798→ $0
Total Liabilities$3,791$4,783▲ $992
Net Assets / Fund Balance
Unrestricted Net Assets$203,351$191,186▼ $12,165
Total Net Assets Fund Balance$203,351$191,186▼ $12,165
Total Liabilities and Net Assets / Fund Balance$207,142$195,969▼ $11,173
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol EdwardsBingo TreasurerPT$10,205$10,205

Board Members and Trustees

NameTitle
Deb BonnerPresident
Leanne MartyrVice President
Ann ConstantinidesDirector
Karen MooreDirector
Kathy GlennDirector
Ruth PhippsDirector
Carissa WilkinsonSecretary
Hope MosnessTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,471
Program Service Revenue
$51,351
Investment Income
$222
Other Revenue
$75,612
All Other Contributions
$5,471
Change in Net Assets
$-12,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,821
Total Fundraising Expense$3,033
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$26,010$2,186$3,033$31,229
Other Expenses$12,119--$12,119
Office Expenses-$1,770-$1,770
Insurance-$555-$555
Fees for Services Accounting-$56-$56
Total Functional Expenses$137,221$4,567$3,033$144,821
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$696,942
Gaming Direct Expenses$635,735
Fundraising Gross Income$31,970
Fundraising Direct Expenses$17,565
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Drumline Show$6,235$6,235$4,060$2,175
Choir Dinner Theater$1,602$1,602$731$871
Total Events$31,970$31,970$17,565$14,405
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
IRS Refund Payable$798
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A draft of the tax returns are reviewed by the board of directors prior to submitting.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Longmont High School Music Boosters
EIN
84-1596112
Phone
3037768592
Address
PO BOX 6022, LONGMONT, CO 80501

Signing Officer

Name
Deb Bonner
Title
President
Phone
3037768592
Signed
2017-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deb Bonner
Formed
2001
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
65

Preparer

Firm
Brock and Company Cpas Pc
Address
900 S MAIN STREET SUITE 200, LONGMONT, CO 80501
Preparer
Lee P Ackerman
Phone
3037762160
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Band trips: program service expenses 8,077. Total expenses 8,077. Goal fund expenses: program service expenses 5,856. Total expenses 5,856. Choir expenses: program service expenses 3,523. Total expenses 3,523. Color/winter guard exp: program service expenses 3,131. Total expenses 3,131. Federal taxes: fundraising expenses 3,033. Total expenses 3,033. Choir trips: program service expenses 2,807. Total expenses 2,807. Orchestra trips: program service expenses 2,383. Total expenses 2,383. Storage unit rental: management and general expenses 845. Total expenses 845. Bank service charges: management and general expenses 704. Total expenses 704. Gifts: management and general expenses 382. Total expenses 382. Miscellaneous: program service expenses 233. Management and general expenses 45. Total expenses 278. Postage: management and general expenses 210. Total expenses 210.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021943
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016099
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0210953
IRS990ScheduleA/TotalSupportAmt0319630
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt021790
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt019880
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt020654
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt023805
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt021464
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0107593
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0798
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0IRS REFUND PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0798
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017565
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHOIR DINNER THEATER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DRUMLINE SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01602
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06235
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt024133
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031970
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01602
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06235
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt024133
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031970
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014405
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt012774
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017565
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0731
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04060
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt0265236
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0245897
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0511133
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0635735
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0384105
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0312837
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0696942
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt061207
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt060852
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt044318
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt016534
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt035134
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt028616
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt063750
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd01
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd01
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsPct01.00000
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0CAROL EDWARDS
IRS990ScheduleG/GamingManagerServicesProvTxt0MANAGE GAMING ACTIVITIES
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/IndividualWithBooksNm0CAROL EDWARDS
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt02424 FRONTIER STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0LONGMONT
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0CO
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd080501
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/StatesWhereGamingConductedCd0CO
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE TAX RETURNS ARE REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO SUBMITTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BAND TRIPS: PROGRAM SERVICE EXPENSES 8,077. TOTAL EXPENSES 8,077. GOAL FUND EXPENSES: PROGRAM SERVICE EXPENSES 5,856. TOTAL EXPENSES 5,856. CHOIR EXPENSES: PROGRAM SERVICE EXPENSES 3,523. TOTAL EXPENSES 3,523. COLOR/WINTER GUARD EXP: PROGRAM SERVICE EXPENSES 3,131. TOTAL EXPENSES 3,131. FEDERAL TAXES: FUNDRAISING EXPENSES 3,033. TOTAL EXPENSES 3,033. CHOIR TRIPS: PROGRAM SERVICE EXPENSES 2,807. TOTAL EXPENSES 2,807. ORCHESTRA TRIPS: PROGRAM SERVICE EXPENSES 2,383. TOTAL EXPENSES 2,383. STORAGE UNIT RENTAL: MANAGEMENT AND GENERAL EXPENSES 845. TOTAL EXPENSES 845. BANK SERVICE CHARGES: MANAGEMENT AND GENERAL EXPENSES 704. TOTAL EXPENSES 704. GIFTS: MANAGEMENT AND GENERAL EXPENSES 382. TOTAL EXPENSES 382. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 233. MANAGEMENT AND GENERAL EXPENSES 45. TOTAL EXPENSES 278. POSTAGE: MANAGEMENT AND GENERAL EXPENSES 210. TOTAL EXPENSES 210.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0207142
IRS990/TotalAssetsEOYAmt0195969
IRS990/TotalAssetsGrp/BOYAmt0207142
IRS990/TotalAssetsGrp/EOYAmt0195969
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05471
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03033
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04567
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0137221
IRS990/TotalFunctionalExpensesGrp/TotalAmt0144821
IRS990/TotalGrossUBIAmt021790
IRS990/TotalLiabilitiesBOYAmt03791
IRS990/TotalLiabilitiesEOYAmt04783
IRS990/TotalLiabilitiesGrp/BOYAmt03791
IRS990/TotalLiabilitiesGrp/EOYAmt04783
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0203351
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0191186
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0137221
IRS990/TotalProgramServiceRevenueAmt051351
IRS990/TotalReportableCompFromOrgAmt010205
IRS990/TotalRevenueGrp/ExclusionAmt014627
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt090768
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0132656
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt021790
IRS990/TotalVolunteersCnt065
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0207142
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0195969
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0203351
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0191186
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 6022
IRS990/USAddress/CityNm0LONGMONT
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080501
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.83$0.00$3.83$2.95$1.73$1.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.02$2.61$1.38$1.19$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.02$2.42$0.54$0.58$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$0.27$0.40$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$0.02$2.59$1.34$1.89$0.55
2019Detailed filing. Detailed filing data is available for this year.$3.18$0.04$3.14$3.21$2.36$0.85
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$0.04$2.29$2.67$2.27$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.92$0.03$1.89$2.66$2.77$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.05$1.91$1.33$1.45$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.04$2.03$1.76$2.13$0.37
2014Detailed filing. Detailed filing data is available for this year.$2.45$0.05$2.40$1.23$1.29$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.02$2.46$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.03$2.26$1.48
2011Summary only. Only limited summary data is available for this year.$2.42$0.02$2.39$1.40$1.52$0.11