Weston Boosters Inc
- Assets
- $347.7k
- Revenue
- $47.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Weston, MA
- Founding
- 03/1959
- Data as of
- 12/2021
- EIN
- 04-2375526
Organization Overview
Weston Boosters Inc is located in Weston, MA. The organization was established in 1959. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weston Boosters Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Weston Boosters Inc generated $47.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $6.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR COCURRICULAR ACTIVITIES FOR WESTON YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS, AWARDS, ATHLETIC EQUIPMENT AND SUPPORT TO STUDENTS AND COACHES IN THE WESTON SCHOOL SYSTEM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Curlett Treasurer | OfficerTrustee | 1 | $0 |
Linda Angelucci President | OfficerTrustee | 3 | $0 |
Amy Oliver Secretary | OfficerTrustee | 1 | $0 |
Beth Baker Director | Trustee | 1 | $0 |
Betsy Flanagan Director | Trustee | 1 | $0 |
Parrish Arturi Vice President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $21,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,393 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,393 |
| Total Program Service Revenue | $0 |
| Investment income | $17,876 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,375 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,368 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,033 |
| Savings and temporary cash investments | $73,819 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $156,818 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $347,670 |
| Accounts payable and accrued expenses | $1,100 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,100 |
| Net assets without donor restrictions | $162,770 |
| Net assets with donor restrictions | $183,800 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $347,670 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Weston Boosters Inc has recieved totaling $7,100.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,100 |
Wodecroft Foundation Jupiter, FL PURPOSE: CHARITABLE SUPPORT | $1,000 |
Wodecroft Foundation Jupiter, FL PURPOSE: CHARITABLE SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $138,907 |
| Earnings | $29,473 |
| Grants | $2,000 |
| Ending Balance | $166,380 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoosac School Hoosick, NY | $9,736,705 | $10,403,119 |
Providence Country Day School East Providence, RI | $8,362,139 | $9,722,976 |
Marvelwood Preparatory School Kent, CT | $16,886,654 | $9,571,296 |
Commonwealth School Inc Boston, MA | $37,136,185 | $11,096,073 |
Laraway Youth And Family Services Johnson, VT | $7,526,503 | $10,159,267 |
Green Mountain Valley School Inc Waitsfield, VT | $25,000,995 | $8,271,085 |
Northwood School Lake Placid, NY | $28,703,807 | $7,899,486 |
Tgs-Think Global School Inc New York, NY | $2,486,018 | $5,034,757 |
William L Gilbert School Corp Winsted, CT | $9,627,751 | $8,001,337 |
Falmouth Academy Incorporated Falmouth, MA | $23,147,800 | $12,778,756 |
The Newman School Boston, MA | $11,310,210 | $8,351,226 |
Youth Renewal Fund New York, NY | $7,433,369 | $10,422,837 |