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Meridian High Band Boosters Inc Fund

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

EIN: 640607274 ✦ Meridian, MS ✦ Designated as a 501(c)(3)

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Overview

What is Meridian High Band Boosters Inc Fund?

Meridian High Band Boosters Inc Fund is a nonprofit organization, specifically dedicated to supporting public school bands. The organization's primary mission is to foster and promote musical education within the school community. While the provided information is limited, it suggests that they likely raise funds, organize events, or provide resources to enhance the band program at Meridian High School. The exact nature and extent of their activities are not specified in the data, but their focus on supporting the school band is evident.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. The Meridian High Band Boosters Inc Fund has received a Two-Star out of Four Star rating, with an overall score of 70%. This rating indicates that while the organization demonstrates some solid practices, there are significant areas where improvements are necessary, particularly in governance policies.

The organization earns full points for its independent board members and the absence of material asset diversion, which reflects a strong commitment to accountability. However, it has some critical gaps, including missing policies for whistleblower protection and document retention. These deficiencies point to a need for better governance practices to ensure transparency and protect the organization and its stakeholders.

Financially, the organization maintains a good liabilities-to-assets ratio at 0.00%, indicating a solid financial position. However, its program expense ratio stands at 61.98%, which suggests that a smaller portion of its expenses is directed towards programs compared to administrative costs. Addressing these issues could enhance both the financial integrity and overall impact of the Meridian High Band Boosters Inc Fund.


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

Is Meridian High Band Boosters Inc Fund legitimate?

Meridian High Band Boosters Inc Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meridian High Band Boosters Inc Fund 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

What is the mission statement of Meridian High Band Boosters Inc Fund?

The Meridian High Band Boosters Inc Fund's mission is centered around supporting the public school band. In essence, they strive to contribute to the success and growth of the school band program. Their activities primarily focus on providing essential resources and assistance, ensuring that the band can continue to thrive and provide an enriching musical experience for its members. The organization does not disclose further details about its specific strategies or objectives, but its primary focus remains on supporting the public school band.

Who is the CEO of Meridian High Band Boosters Inc Fund?

Chiketa Mcclendon is the President of Meridian High Band Boosters Inc Fund.

What is the revenue of Meridian High Band Boosters Inc Fund?

Meridian High Band Boosters Inc Fund's revenue in 2023 was $53,375.

Who are the executives of Meridian High Band Boosters Inc Fund and what are their salaries?


Here are 5 key members and their salaries:


Shanesha Turner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Yates (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vernon V Johnson Iii (Third Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chiketa Mcclendon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michaela Harrington (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Meridian High Band Boosters Inc Fund?

Meridian High Band Boosters Inc Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Meridian High Band Boosters Inc Fund

Meridian High Band Boosters Inc Fund is an organization dedicated to supporting their local public school band. Their mission is to provide the necessary resources and assistance to ensure the band's success and growth. The boosters aim to foster a love for music and performance in the school community, contributing to the overall development of the students involved. By providing support, they enable the band to participate in various events and competitions, thereby enhancing their learning experience and promoting team spirit.

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Impact




August, 2024

The Meridian High Band Boosters Inc Fund has a significant impact on supporting public school band programs in Meridian, Mississippi. Their mission focuses on providing essential support to ensure students have access to quality music education and resources. By offering financial assistance, organizing events, and collaborating with the community, the organization plays a vital role in enriching the lives of students and enhancing the overall music education experience in the area. Their dedication to advancing education through music positively influences the development and growth of young musicians, contributing to a vibrant and thriving cultural community in Meridian.




This information is meant to be a general summary of Meridian High Band Boosters Inc Fund. 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
$53,375 (2023)
Expenses
$53,224 (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
  • Gross Receipts: $53,375

Assets and Liabilities:

  • Total Assets: $18,851
  • Total Liabilities: $0
  • Net Assets: $18,851

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Organization Details

Founding Year

1977

Principal Officer

Chiketa Mcclendon

Main Address

P O BOX 8137, MERIDIAN, MS, 39303

NTEE Category

Code: B25I - Education

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