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Parent Booster Usa Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300281785 ✦ Windermere, FL ✦ Designated as a 501(c)(3)

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Overview

What is Parent Booster Usa Inc?

Parent Booster USA Inc., based in Windermere, Florida, stands as a prominent organization dedicated to supporting school-related nonprofits. Its primary function is to educate and guide these organizations on complying with federal and state regulations, managing finances effectively, and implementing best practices for operating school fundraising organizations. By doing so, Parent Booster USA helps schools and administrators understand the role of booster clubs in school fundraising and the school-to-funding organization relationship. Acting as a public resource, Parent Booster USA offers valuable information about school support organizations and fundraising. With a small team of one dedicated individual, their mission is to empower these organizations to thrive and contribute positively to the educational community.


Official website here: www.parentbooster.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Parent Booster USA Inc has received an overall rating of 81%, reflecting its solid performance in accountability and finance. This score is derived from a comprehensive evaluation of its financial practices, governance, and transparency, which are critical for potential donors and stakeholders. The organization operates with all independent board members, indicating strong governance and oversight.

The nonprofit shows impressive financial responsibility, with a high program expense ratio of nearly 99%, signifying that almost all its funds are directed towards its programs rather than administrative costs. Additionally, the organization has robust policies in place, including conflict of interest and whistleblower policies, which further enhance its accountability.

However, while the organization excels in financial metrics and governance, the reliance on a single beacon score might limit the assessment of broader impacts or program effectiveness. Nonetheless, its strong financial practices and commitment to transparency make it a favorable option for those considering support.


This AI summary has been generated from information found on Charity Navigator.

Is Parent Booster Usa Inc legitimate?

Parent Booster Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parent Booster Usa Inc 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,000

For more financial information, click here


Official website here: www.parentbooster.org

What is the mission statement of Parent Booster Usa Inc?

Parent Booster USA, as a leading organization, provides essential information, training, and assistance to establish and manage school support organizations, such as booster clubs and parent-teacher organizations. Its mission is to help these groups understand and adhere to federal and state regulations, engage in appropriate financial practices, and implement best practices for the proper organization and operation of a nonprofit school fundraising organization. Parent Booster USA also serves as a valuable resource for schools and school administrators, educating them about the role of booster clubs in school fundraising and the school-to-fundraising organization relationship. The organization promotes the effective functioning of these groups to support the educational needs of students.


Official website here: www.parentbooster.org

Who is the CEO of Parent Booster Usa Inc?

Meagan Mason is the Secretary of Parent Booster Usa Inc.


Official website here: www.parentbooster.org

What is the revenue of Parent Booster Usa Inc?

Parent Booster Usa Inc's revenue in 2023 was $1,955,105.


Official website here: www.parentbooster.org

Who are the executives of Parent Booster Usa Inc and what are their salaries?

The average compensation at Parent Booster Usa Inc during 2023 was $60,000. There is 1 employee and 5 volunteers at Parent Booster Usa Inc.


Here are 5 key members and their salaries:


Kathleen Forsgren (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie King (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meagan Mason (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Swanson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Theus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parentbooster.org

Where can I find the form 990 for Parent Booster Usa Inc?

Parent Booster Usa Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.parentbooster.org

Learn more at the official website: www.parentbooster.org

Mission Statement of Parent Booster Usa Inc

Parent Booster USA, a leading organization, dedicates its mission to providing essential information, training, and assistance to establish and manage school support organizations, commonly known as booster clubs and parent-teacher organizations. By doing so, Parent Booster USA aims to empower these organizations to adhere to federal and state regulations, practice sound financial management, and employ best practices in the proper organization and operation of a nonprofit school fundraising entity.

Moreover, Parent Booster USA plays a crucial role in educating schools and school administrators about the role of booster clubs in school fundraising and the school-to-fundraising organization relationship. Serving as a public resource, Parent Booster USA offers valuable insights and advice on school support organizations and fundraising, ensuring that these entities can effectively contribute to the educational environment and support the needs of their respective schools.

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Impact




October, 2024

Parent Booster USA Inc plays a crucial role in enhancing the effectiveness of school support organizations, such as booster clubs and parent-teacher organizations. By providing comprehensive information, training, and guidance, PBUSA empowers these groups to establish and operate efficiently, ensuring they can successfully contribute to their schools' fundraising efforts.

The organization assists these support entities in navigating complex federal and state regulations, promoting compliance, and fostering proper financial practices. This support not only aids in more transparent and responsible fundraising but also enhances the overall impact of the organizations on their respective schools.

Parent Booster USA Inc emphasizes best practices for organization and operation, which helps establish stronger relationships between schools and their support organizations. By clarifying the roles and responsibilities of booster clubs, PBUSA facilitates effective collaboration, ultimately leading to increased funding and resources for educational programs and activities.

Additionally, PBUSA serves as a valuable public resource, offering insights and information that benefit a broader audience interested in school support initiatives. This broad outreach underscores the organization's commitment to improving school environments and enriching educational experiences for students.




This information is meant to be a general summary of Parent Booster Usa Inc. 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.

Revenue
$1,955,105 (2023)
Expenses
$1,497,352 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,475
  • Program Service Revenue: $1,952,630
  • Gross Receipts: $1,955,105

Assets and Liabilities:

  • Total Assets: $1,743,369
  • Total Liabilities: $64,486
  • Net Assets: $1,678,883

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DUES

Revenue

$1,748,506

MEMBER SERVICES

Revenue

$192,724

SPONSORSHIPS

Revenue

$11,400

Organization Details

Founding Year

2004

Principal Officer

Meagan Mason

Main Address

13506 SUMMERPORT VILLAGE PKWY 1506, WINDERMERE, FL, 34786

NTEE Category

Code: B19 - Education

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