Overview
What is Grapevine-Colleyville Band Booster?
The Grapevine-Colleyville Band Booster is a nonprofit organization located in Grapevine, Texas. Their primary mission is to support financially disadvantaged students who wish to improve their musical abilities and participate in supplemental instruction. They achieve this by providing monetary assistance and scholarships for summer band camps and higher education in music. The organization's activities are centered around enhancing musical education and fostering teamwork and discipline among its members. They operate within the confines of Grapevine and Colleyville, extending their support to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Grapevine-Colleyville Band Booster has received a solid three-star rating from Charity Navigator, reflecting an overall score of 82%. This rating is based entirely on the organization's performance in the Accountability & Finance category, indicating a strong commitment to transparency and responsible financial management. The most recent fiscal year was FY2023, showcasing their current operational practices.
The organization excels in several key areas, achieving a perfect score for having a majority of independent board members and an effective audit and oversight committee. They have demonstrated exceptional financial health, with a liabilities-to-assets ratio of 0.00% and an impressive program expense ratio of 92.58%. These metrics suggest that the majority of their funding is directed toward their programs rather than administrative costs.
While the rating highlights numerous strengths, it is important to note that the score is solely derived from the Accountability & Finance metrics. This singular focus may not fully encapsulate the organization's overall impact and effectiveness in the community. However, the robust financial practices and governance indicate a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Grapevine-Colleyville Band Booster legitimate?
Grapevine-Colleyville Band Booster is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grapevine-Colleyville Band Booster 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 Grapevine-Colleyville Band Booster?
The Grapevine-Colleyville Band Booster aims to enhance musical education and foster achievement among its members. The organization provides opportunities to cultivate teamwork and discipline through its activities. To support students with financial constraints, it offers monetary assistance for supplemental instruction and scholarships for summer band camps and college music education. The mission of Grapevine-Colleyville Band Booster is centered around empowering individuals to improve their musical skills and develop valuable life competencies.
Who is the CEO of Grapevine-Colleyville Band Booster?
Katie Jarrett is the President of Grapevine-Colleyville Band Booster.
What is the revenue of Grapevine-Colleyville Band Booster?
Grapevine-Colleyville Band Booster's revenue in 2022 was $692,563.
Who are the executives of Grapevine-Colleyville Band Booster and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Grapevine-Colleyville Band Booster?
Grapevine-Colleyville Band Booster's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grapevine-Colleyville Band Booster
Grapevine-Colleyville Band Booster is an organization with a mission to enhance musical education and foster achievement among its members. By providing opportunities, this nonprofit aims to help individuals develop teamwork and discipline. This is achieved through various means, including offering monetary assistance to students who wish to improve their skills but are financially constrained. Additionally, the Booster offers scholarships for summer band camps and to graduating seniors for further music education at college. These initiatives not only foster musical growth but also promote teamwork and discipline, essential traits for personal development.
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Impact
July, 2024
The Grapevine-Colleyville Band Booster organization plays a crucial role in enhancing musical education and achievement for students in the Grapevine area. By providing monetary assistance to students in need, the Band Boosters ensure that all aspiring musicians have the opportunity to improve their skills and participate in additional instruction. Additionally, their provision of scholarships for summer band camps and college music education enables students to further develop their talents and pursue their passion for music. Through these efforts, the Grapevine-Colleyville Band Boosters have a direct impact on fostering teamwork, discipline, and musical excellence among students in the community.
This information is meant to be a general summary of Grapevine-Colleyville Band Booster. 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 2022.
- Gross Receipts: $841,528
Assets and Liabilities:
- Total Assets: $631,008
- Total Liabilities: $500
- Net Assets: $630,508
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Organization Details
Founding Year
1995
Phone
(214) 770-3493Principal Officer
Katie Jarrett
Main Address
PO BOX 956, GRAPEVINE, TX, 76099
NTEE Category
Code: B99Z - Education
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