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Lake Band Booster Club

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

EIN: 346561024 ✦ Hartville, OH ✦ Designated as a 501(c)(3)

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Overview

What is Lake Band Booster Club?

The Lake Band Booster Club is a dedicated nonprofit organization situated in Hartville, Ohio. Its primary mission is to bolster music education and enrichment at Lake High School. This entails sponsoring band performances and competitions, maintaining and enhancing band uniforms, and purchasing necessary equipment for the instrumental band program, all under the guidance of the school directors' fund. The club's ultimate goal is to foster the well-being of the Lake Local School District's instrumental band program and stimulate interest in it.


Official website here: www.lakebandboosters.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

The Lake Band Booster Club has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in the Accountability & Finance category. This rating is primarily derived from its strong financial practices, including a program expense ratio of 97.01%, indicating that the vast majority of its funds are directed towards its programs rather than administrative costs.

Strengths of the organization include having a fully independent board with ten members, which enhances governance and oversight. Additionally, there are no reported material diversions of assets, and they have maintained a healthy liabilities to assets ratio of 0.00%, showcasing financial stability.

However, the organization has some areas for improvement, particularly in its governance policies. It currently lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could impact its transparency and accountability. Addressing these gaps could strengthen its governance framework and enhance overall trust with stakeholders.


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

Is Lake Band Booster Club legitimate?

Lake Band Booster Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Band Booster 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:

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

For more financial information, click here


Official website here: www.lakebandboosters.org

What is the mission statement of Lake Band Booster Club?

The Lake Band Booster Club's mission is centered around enhancing the well-being and fostering interest in the instrumental band program within the Lake Local School District. In pursuit of this goal, the club actively promotes music education and enrichment at Lake High School. Their activities encompass sponsoring band shows and competitions, maintaining and upgrading band uniforms, and procurement of necessary band equipment, all under the guidance of the band director.


Official website here: www.lakebandboosters.org

Who is the CEO of Lake Band Booster Club?

Christina Martin is the Vice Preside of Lake Band Booster Club.


Official website here: www.lakebandboosters.org

What is the revenue of Lake Band Booster Club?

Lake Band Booster Club's revenue in 2023 was $122,331.


Official website here: www.lakebandboosters.org

Who are the executives of Lake Band Booster Club and what are their salaries?

There 25 volunteers at Lake Band Booster Club.


Here are 5 key members and their salaries:


Kari Willoughby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Martin (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Whitacre (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Dempsey (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakebandboosters.org

Where can I find the form 990 for Lake Band Booster Club?

Lake Band Booster Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lakebandboosters.org

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

Mission Statement of Lake Band Booster Club

The Lake Band Booster Club is an organization dedicated to promoting the welfare and fostering interest in the instrumental band program within the Lake Local School District. Their mission, in essence, is to enhance music education and engagement at Lake High School. This is achieved through various means, such as sponsoring band performances and competitions, maintaining the uniforms by cleaning, repairing, and replacing them as necessary, and purchasing necessary equipment for the band program, all under the band director's supervision. The Booster Club's primary goal is to support and enrich the band program, ensuring it thrives and provides a rich musical experience for its students.

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Impact




October, 2024

The Lake Band Booster Club plays a crucial role in enhancing the instrumental band program at the Lake Local School District. By promoting the welfare of student musicians, the club stimulates interest and engagement in the band program, fostering a vibrant music culture within the community.

One of the club’s primary impacts is through the sponsorship of band shows and competitions, providing students with opportunities to perform, compete, and grow as musicians. This not only advances their musical skills but also boosts their confidence and team spirit.

The club also invests in the practical aspects of music education by facilitating the cleaning, repair, and replacement of uniforms, ensuring that band members present themselves well during performances. Additionally, the purchase of band-related equipment under the Directors Fund enhances the quality of education and performance, equipping students with the necessary tools to succeed.

Overall, the Lake Band Booster Club creates a supportive environment for the band program, enriching the educational experiences of students and strengthening community ties through music.




This information is meant to be a general summary of Lake Band Booster 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.

Revenue
$122,331 (2023)
Expenses
$93,958 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,616
  • Program Service Revenue: $60,639
  • Gross Receipts: $174,179

Assets and Liabilities:

  • Total Assets: $150,333
  • Total Liabilities: $0
  • Net Assets: $150,333

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Programs

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

BAND SHOW & COMPETION EVENTS

Revenue

$29,534

UNIFORM FEES

Revenue

$19,234

STUDENT SOCIAL ACTIVITIES

Revenue

$6,089

BANQUET FEES

Revenue

$5,782

Organization Details

Founding Year

1965

Principal Officer

Christina Martin

Main Address

P O BOX 315, HARTVILLE, OH, 44632

NTEE Category

Code: P36Z - Human services

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