Overview
What is Anderson Band Boosters Inc?
Anderson Band Boosters Inc is a nonprofit organization situated in Anderson, Indiana, specifically at 4610 S Madison Avenue. Their primary objective is to stimulate and sustain interest in the instrumental music program at Anderson High School, providing financial and logistical support to the music department and school administration. This assistance extends to funding for essential resources, scholarships for students, transportation, contest entry fees, and support staff. The organization also hosts events, such as a marching band contest, to raise funds for the program. With approximately 80 students, 15 staff members, and 50 parent volunteers involved, Anderson Band Boosters Inc plays a significant role in fostering the success of the school's music program.
Official website here: www.andersonband.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star rating.
Anderson Band Boosters Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is primarily derived from the charity's performance in the Accountability & Finance category, where it received 100% for having a majority independent board and no material diversion of assets. These strengths suggest a strong governance structure, which is essential for maintaining donor trust.
However, the organization faces significant weaknesses, particularly in governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy has negatively impacted its score in these areas. Furthermore, while the program expense ratio stands at 56.80%, indicating that a majority of its expenses are directed toward its programs, it fell short in this category as well, receiving only 9 out of 25 points.
Overall, while Anderson Band Boosters Inc demonstrates solid governance with an independent board and minimal asset diversion, its lack of essential policies and lower program expense ratio highlights areas needing improvement to bolster its accountability and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Anderson Band Boosters Inc legitimate?
Anderson Band Boosters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anderson Band 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: $35,998
For more financial information, click here
Official website here: www.andersonband.net
What is the mission statement of Anderson Band Boosters Inc?
Anderson Band Boosters Inc's mission is centered around fostering enthusiasm for the instrumental music program at Anderson High School. The organization aims to provide assistance and financial support to those in charge of the music department, with the ultimate goal of enhancing the program. It operates under the guidance of the school administration, ensuring it does not infringe on their prerogatives. The Boosters do not hold any administrative or legislative authority. Their role primarily involves promoting and maintaining interest in the music program, thereby contributing positively to the musical education of the students at Anderson High School.
Official website here: www.andersonband.net
Who is the CEO of Anderson Band Boosters Inc?
Sara Richardson is the Director Of Bands of Anderson Band Boosters Inc.
Official website here: www.andersonband.net
What is the revenue of Anderson Band Boosters Inc?
Anderson Band Boosters Inc's revenue in 2023 was $80,366.
Official website here: www.andersonband.net
Who are the executives of Anderson Band Boosters Inc and what are their salaries?
The average compensation at Anderson Band Boosters Inc during 2023 was $2,571. There are 14 employees and 100 volunteers at Anderson Band Boosters Inc.
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Official website here: www.andersonband.net
Where can I find the form 990 for Anderson Band Boosters Inc?
Anderson Band Boosters Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.andersonband.net
Learn more at the official website: www.andersonband.net
Mission Statement of Anderson Band Boosters Inc
Anderson Band Boosters Inc is an organization dedicated to fostering enthusiasm and support for the instrumental music program at Anderson High School. Their mission involves promoting this program, creating interest, and maintaining its vitality. Beyond this, they offer assistance and financial aid to the individuals responsible for managing the music department within the school. It is essential to note that Anderson Band Boosters Inc does not possess any administrative or legislative authority, and their purpose does not aim to infringe upon the prerogatives of the instrumental music directors. Ultimately, the final approval of any decisions lies with the administration of Anderson High School and the Anderson Community School Board.
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Impact
August, 2024
Anderson Band Boosters Inc's impact can be seen in the enthusiastic support and assistance they provide to the instrumental music program at Anderson High School. They successfully fundraise and provide volunteers to support the marching band's contest season, which includes various activities such as designing and building props, feeding the students at practices, subsidizing band camp, providing scholarships for students as needed, and covering contest entry fees and support staff expenses. In addition, they host a marching band contest at the school to raise funds for the program. With approximately 145 individuals involved, including students, staff members, and parent volunteers, Anderson Band Boosters Inc plays a vital role in ensuring the vibrancy and success of the instrumental music program at Anderson High School.
This information is meant to be a general summary of Anderson Band 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $29,951
- Gross Receipts: $137,882
Assets and Liabilities:
- Total Assets: $40,604
- Total Liabilities: $44
- Net Assets: $40,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES-MARCHING
Revenue
$12,235
PERFORMANCE INCOME-WIN
Revenue
$8,330
PERFORMANCE INCOME-MAR
Revenue
$4,860
PROGRAM FEES-WINTERGUA
Revenue
$3,356
PROGRAM FEES-CONCERT B
Revenue
$1,070
Organization Details
Founding Year
2004
Phone
(765) 641-2037Principal Officer
Sara Richardson
Main Address
4610 S MADISON AVENUE, ANDERSON, IN, 46013
Website
www.andersonband.netNTEE Category
Code: B11 - Education
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