Overview
What is Dobyns Bennett Band Boosters Club?
The Dobyns Bennett Band Boosters Club is a nonprofit organization situated in Kingsport, Tennessee. Its primary purpose is to offer financial assistance and support to the Dobyns Bennett High School Band. This support extends beyond just finance, as the club also aims to provide organizational backing, enabling students and directors to deliver the finest musical education possible. This is achieved through a multitude of academic, community, and competitive activities organized throughout the year. The club's mission is centered around enhancing the musical education experience for the band members, contributing positively to the community, and participating in competitions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (56%)
The Dobyns Bennett Band Boosters Club has received a 1-Star out of Four Star rating from Charity Navigator, indicating concerns regarding its financial health and accountability. While the organization demonstrates strong governance, with full points for majority independent board members and comprehensive conflict of interest policies, it struggles notably with its financial ratio metrics, including a high liabilities to assets ratio.
Despite these challenges, the club excels in its program expense ratio, allocating 97.17% of its funds directly to its programs, which reflects a commitment to supporting its mission. The organization has successfully documented board meeting minutes and adheres to policies that prevent material diversion of assets, enhancing its transparency and governance.
However, the significant liabilities compared to its assets raise red flags about its financial sustainability. Potential donors and supporters may want to consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Dobyns Bennett Band Boosters Club legitimate?
Dobyns Bennett Band Boosters Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dobyns Bennett Band Boosters Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Dobyns Bennett Band Boosters Club?
The Dobyns Bennett Band Boosters Club's mission is to offer both organizational and financial support to the students and directors, aiming to achieve the highest standard of musical education possible. This is accomplished through a variety of academic, community, and competitive activities planned throughout the year. The primary objective of this organization is to provide financial assistance to the Dobyns Bennett High School Band.
Who is the CEO of Dobyns Bennett Band Boosters Club?
Anne And Jonathan Pierce is the Fundraising of Dobyns Bennett Band Boosters Club.
What is the revenue of Dobyns Bennett Band Boosters Club?
Dobyns Bennett Band Boosters Club's revenue in 2023 was $637,430.
Who are the executives of Dobyns Bennett Band Boosters Club and what are their salaries?
There 185 volunteers at Dobyns Bennett Band Boosters Club.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Dobyns Bennett Band Boosters Club?
Dobyns Bennett Band Boosters Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Dobyns Bennett Band Boosters Club
The Dobyns Bennett Band Boosters Club is dedicated to providing both organizational and financial support for the students and directors of the school's band program. Their mission is to help these individuals achieve the highest quality of musical education possible. They accomplish this by planning a wide variety of academic, community, and competitive activities throughout the year. The primary goal of the Dobyns Bennett Band Boosters Club is to assist the Dobyns Bennett High School Band in any way they can, financially and otherwise, to ensure the band program thrives and provides its members with a comprehensive musical education.
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Impact
July, 2024
The Dobyns Bennett Band Boosters Club plays a crucial role in enhancing the musical education experience for students at Dobyns Bennett High School in Kingsport, TN. By providing both organizational and financial support to the students and directors, this club ensures that the students have access to the highest quality of musical education possible. Their efforts extend beyond traditional academic settings to include community engagement and competitive activities planned throughout the year. Through their dedicated support, the Dobyns Bennett Band Boosters Club significantly enriches the musical education opportunities available to students, helping them develop their talents and grow as musicians.
This information is meant to be a general summary of Dobyns Bennett Band Boosters Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $242
- Gross Receipts: $722,549
Assets and Liabilities:
- Total Assets: $59,055
- Total Liabilities: $46,412
- Net Assets: $12,643
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Organization Details
Phone
(423) 378-8589Principal Officer
Anne And Jonathan Pierce
Main Address
PO BOX 7265, KINGSPORT, TN, 37664
NTEE Category
Code: B25I - Education
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