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Troy Music Boosters Inc

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

EIN: 310949626 ✦ Troy, OH ✦ Designated as a 501(c)(3)

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Overview

What is Troy Music Boosters Inc?

Troy Music Boosters Inc is a nonprofit organization situated in Troy, Ohio. Their primary mission is to support the music education programs within Troy City Schools. They accomplish this by providing various resources and services. These include funding for musical instruments, choreography, supplies, uniforms, transportation, equipment repairs, props, awards, participation fees, and expenses for the high school marching band, which consists of over 100 members. Additionally, they provide support for the junior high band, comprising 80 members. Their activities encompass all aspects required to maintain and enhance the musical abilities of these young musicians.


Official website here: www.troymusicboosters.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

Troy Music Boosters Inc has received a 76% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts a fully independent board, scoring 10 out of 10 in that area, and demonstrates good financial health with a low liabilities to assets ratio of 2.00%. Furthermore, an impressive program expense ratio of 98.65% suggests that the majority of its resources are directed toward its mission.

However, the organization does have some limitations highlighted in its evaluation. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which received a score of zero. This absence of governance protocols may raise concerns regarding organizational transparency and risk management.

Overall, while Troy Music Boosters Inc shows strong financial health and a commitment to its programs, addressing the missing governance policies could further enhance its accountability and overall effectiveness.


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

Is Troy Music Boosters Inc legitimate?

Troy Music Boosters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Troy Music Boosters 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: $0

For more financial information, click here


Official website here: www.troymusicboosters.com

What is the mission statement of Troy Music Boosters Inc?

Troy Music Boosters Inc is an organization dedicated to supporting the music education programs within Troy City Schools. Their mission is to provide essential resources and funding for various aspects of the music curriculum, such as musical instruments, choreography supplies, uniforms, transportation, equipment repairs, props, and participation fees. This includes supporting the high school marching band, which has over 100 members, as well as the junior high band, which includes 80 members. Through their efforts, Troy Music Boosters Inc aims to enhance the musical experiences and opportunities for students within the school district.


Official website here: www.troymusicboosters.com

What is the revenue of Troy Music Boosters Inc?

Troy Music Boosters Inc's revenue in 2024 was $155,319.


Official website here: www.troymusicboosters.com

Who are the executives of Troy Music Boosters Inc and what are their salaries?

There 565 volunteers at Troy Music Boosters Inc.

Here are 4 key members and their salaries:


Emily Kolakowski (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Mcelwee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Osburn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Sentman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.troymusicboosters.com

Where can I find the form 990 for Troy Music Boosters Inc?

Troy Music Boosters Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.troymusicboosters.com

Learn more at the official website: www.troymusicboosters.com

Mission Statement of Troy Music Boosters Inc

Troy Music Boosters Inc, a dedicated organization, is committed to supporting the music education programs within Troy City Schools. Their primary mission is to provide essential resources and funding for various music-related needs. This includes but is not limited to musical instruments, choreography supplies, uniforms, transportation, equipment repairs, props, and other supporting equipment. Moreover, the organization covers awards, participation fees for the school's music programs, and band camp expenses for the high school marching band, which boasts over 100 members. The junior high band, with 80 members, also benefits from their support. By fulfilling these roles, Troy Music Boosters Inc plays a significant part in enriching the musical learning experience for Troy City Schools' students.

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Impact




October, 2024

Troy Music Boosters Inc has a significant impact on the Troy City Schools' music education programs. By providing essential support for the band, they ensure that students have access to quality musical instruments, supplies, uniforms, transportation, and necessary repairs for their equipment. This support extends to facilitating choreography, props, awards, and covering participation fees, making music education more accessible and enriching for students.

With a thriving high school marching band of over 100 members and a junior high band with 80 members, the Boosters help create an environment where young musicians can thrive. Their contributions enable students to participate in band camp experiences and other essential activities that foster teamwork, discipline, and creativity. Ultimately, their efforts cultivate a vibrant music community that enhances the educational experience for the students in Troy, Ohio.




This information is meant to be a general summary of Troy Music Boosters 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
$155,319 (2024)
Expenses
$150,659 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,035
  • Gross Receipts: $239,434

Assets and Liabilities:

  • Total Assets: $200,822
  • Total Liabilities: $2,500
  • Net Assets: $198,322

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Organization Details

Principal Officer

Jennifer Sentman

NTEE Category

Code: B112 - Education

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