Civic Intelligence

Ocean Lakes Band Boosters Inc

EIN 85-0694871 • 501(c)3 • Virginia Beach, VA

990-N Coverage

Profile

Ocean Lakes Band Boosters, Inc. is organized to support the students, parents, teachers, and amdisntrative staff of The Ocean Lakes High School Band program by raising funds, conducting events, and recruiting volunteers.

885 Schumann DrVirginia Beach, VA 23454
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

30th percentile

-11%

Higher net margin than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

30th percentile

-24%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

62nd percentile

8.4%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$69,315

Down $21,314 (-24%) from 2024

Liabilities

Down

$0

Down $10,289 (-100%) from 2024

Net Assets

Down

$69,315

Down $11,025 (-14%) from 2024

Revenue

Up

$119,410

Up $9,297 (+8.4%) from 2024

Expenses

Up

$132,010

Up $26,799 (+25%) from 2024

Net Income

Down

-$12,600

Down $17,502 (-357%) from 2024

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2023: $75,439Liabilities 2023: $0Net Assets 2023: $75,4392023Assets 2024: $90,629Liabilities 2024: $10,289Net Assets 2024: $80,3402024Assets 2025: $69,315Liabilities 2025: $0Net Assets 2025: $69,3152025

Highlighted filing

2025

Assets$69,315
Liabilities$0
Net Assets$69,315

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2023: $124,512Expenses 2023: $118,135Net Income 2023: $6,3772023Revenue 2024: $110,113Expenses 2024: $105,211Net Income 2024: $4,9022024Revenue 2025: $119,410Expenses 2025: $132,010Net Income 2025: -$12,6002025

Highlighted filing

2025

Revenue$119,410
Expenses$132,010
Net Income-$12,600

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 16, 2026
Return Version
2024v5.0
Gross Receipts
$140,027
Mission and Program Overview

Mission

Ocean Lakes Band Boosters, Inc. is organized to support the students, parents, teachers, and amdisntrative staff of The Ocean Lakes High School Band program by raising funds, conducting events, and recruiting volunteers.

Program Services

DescriptionGrantsExpenses
Contractor Fees$0$40,364
Costumes and Uniforms$0$26,273
Travel$0$25,210
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barbara PerkinsPresident-$0--
Antony FavettiTreasurer-$0--
Cheryl DizonSecretary-$0--
Tracy Hooper1st Vice President-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
OVG Tides Fundraiser$39,139$39,139$0$39,139
Concessions$27,444$27,444$10,183$17,261
Total Events$66,583$66,583$10,183$56,400
Filing and Contact Details

Filer

Filer Name
Ocean Lakes Band Boosters Inc
EIN
85-0694871
Phone
7578167082
Address
885 Schumann Dr, Virginia Beach, VA 23454

Signing Officer

Name
Alexis Correia
Title
Treasurer
Phone
7578167082
Signed
2026-02-16
Discuss with paid preparer
Yes

Preparer

Firm
RENOSI Inc
Address
13506 Summerport Village Pkwy 1506, Windermere, FL 34786
Preparer
Drew Englund
Phone
4076140112
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Late filing explanation

Extension Filed

Form 990-EZ, Part I, Line 8

Description: Equipment and Gear. Amount: 1069. Description: Credit Card Fees. Amount: 45.

Form 990-EZ, Part I, Line 16

Description: Uniforms and Costumes. Amount: 26273. Description: Travel. Amount: 25210. Description: Instrument Repair. Amount: 10585. Description: Show Props. Amount: 6569. Description: Dues and Services. Amount: 4614. Description: Events. Amount: 2218. Description: Meals. Amount: 579. Description: Office Costs. Amount: 137.

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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RENOSI Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013506 Summerport Village Pkwy 1506
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Windermere
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034786
ReturnHeader/PreparerPersonGrp/PhoneNum04076140112
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Drew Englund
ReturnHeader/ReturnTs02026-02-17T14:05:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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