Overview
What is Hobbs Band Boosters?
Hobbs Band Boosters is a nonprofit organization, specifically focused on supporting the Band program at Hobbs High School. Their primary goal is to enhance the band experience for students by providing financial assistance for travel, camps, education, photographs, supplies, and uniforms. Through their contributions, they aim to elevate the quality of the band program within the school system, ensuring a well-rounded and enriching experience for the students involved.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (59%)
The Hobbs Band Boosters have received a low rating of 59%, which translates to a one-star evaluation. This score indicates significant concerns regarding the organization's accountability and financial practices. While the organization has a strong independent board and demonstrates no material diversion of assets, it falls short in critical areas such as transparency and governance policies.
Key strengths include a high program expense ratio of 98.10%, indicating that a substantial portion of funds is directed towards its programs rather than administrative costs. However, the organization has multiple significant weaknesses, including missing policies for conflict of interest, whistleblowing, and document retention. Additionally, the absence of a website listed on the tax form and the lack of posted tax documents diminish the overall transparency of the organization.
Overall, while the Hobbs Band Boosters are committed to supporting their programs effectively, their low accountability and finance score highlights the need for improved governance practices and transparency to build trust with stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Hobbs Band Boosters legitimate?
Hobbs Band Boosters is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hobbs Band Boosters 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:
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What is the mission statement of Hobbs Band Boosters?
The Hobbs Band Boosters' mission is centered around enhancing the Band program within the school system. Through their contributions, they aim to cover various expenses such as travel, camps, education, photographs, supplies, and uniforms. Their primary objective is to improve the Band program, ensuring it reaches its full potential.
Who is the CEO of Hobbs Band Boosters?
Erica Armstrong is the President of Hobbs Band Boosters.
What is the revenue of Hobbs Band Boosters?
Hobbs Band Boosters's revenue in 2023 was $54,155.
Who are the executives of Hobbs Band Boosters and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Hobbs Band Boosters?
Hobbs Band Boosters's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hobbs Band Boosters
Hobbs Band Boosters is an organization dedicated to enhancing the band program within the school system. Their mission, in simple terms, is to provide the necessary resources for the Hobbs high school band. This includes funding for travel, camps, educational programs, photographs, supplies, and uniform expenses. By doing so, they aim to improve and elevate the overall band program within the school system. Their contributions play a significant role in fostering a richer and more engaging band experience for the students involved.
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Impact
August, 2024
Hobbs Band Boosters significantly enhances the band program within the school system by providing essential support for travel, camp, education, photos, supplies, and uniform expenses for the Hobbs high school Band. Their dedication to improving the overall band experience not only enriches the lives of students involved but also contributes to the cultural and educational development of the community.
This information is meant to be a general summary of Hobbs Band Boosters. 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: $10,555
- Gross Receipts: $58,233
Assets and Liabilities:
- Total Assets: $52,791
- Total Liabilities: $36,235
- Net Assets: $16,556
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES ITEMS
Revenue
$12,270
SPONSOR
Revenue
-$1,715
Organization Details
Founding Year
1987
Phone
(575) 399-2067Principal Officer
Erica Armstrong
Main Address
800 N JEFFERSON, HOBBS, NM, 88240
NTEE Category
Code: B11 - Education
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