Jackson Memorial Band Parents Inc
- Assets
- $124.0k
- Revenue
- $103.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, NJ
- Founding
- 03/2008
- Data as of
- 06/2022
- EIN
- 26-0342152
Organization Overview
Jackson Memorial Band Parents Inc is located in Jackson, NJ. The organization was established in 2008. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Jackson Memorial Band Parents 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 06/2022, Jackson Memorial Band Parents Inc generated $103.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $76.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (23.3%) per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN AND AROUSE AN ENTHUSIASTIC INTEREST IN VARIOUS ELEMENTS OF THE JACKSON MEMORIAL HIGH SCHOOL BAND. INITIATE AND ASSIST IN CONDUCTING EDUCATIONAL, MUSICAL, AND SOCIAL ACTIVITIES OF THE BAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JACKSON MEMORIAL BAND PARENTS INC. MAINTAINS AND LENDS SUPPORT TO THE JACKSON MEMORIAL HIGH SCHOOL BAND PROGRAMS, INCLUDING MARCHING BAND, CONCERT BAND AND VARIOUS MUSICAL ENSEMBLES. IT PURCHASES BAND EQUIPMENT, INSTRUMENTS, AND UNIFORMS, PAYS FEES TO ALLOW THE BAND TO COMPETE IN US BANDS AND OTHER COMPETITION PROGRAMS. IT PAYS TRAVEL TO OUT-OF-STATE VENUES THAT ARE NOT PROVIDED BY DISTRICT SCHOOL BUSES, SUCH AS PARADES AND OUT-OF-STATE COMPETITIONS. IT PROVIDES THE BAND WITH THE FUNDS NECESSARY TO WRITE AND PUT TOGETHER THE SHOW, PROVIDES MEALS AND SNACKS FOR THE BAND MEMBERS, AND OTHERWISE SUPPORTS THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Yalch President | OfficerTrustee | 10 | $0 |
Johanna Skvarenina Vice President | OfficerTrustee | 10 | $0 |
Deena Harmon Treasurer | OfficerTrustee | 10 | $0 |
Susan Springfield Recording Secretary | OfficerTrustee | 5 | $0 |
Susan Giglio Corresponding Secretary | OfficerTrustee | 5 | $0 |
Maria Froio Senior Trustee | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,986 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,986 |
| Total Program Service Revenue | $68,345 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,536 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,873 |
| 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 | $1,180 |
| 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 | $2,141 |
| 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 | $3,777 |
| Insurance | $5,654 |
| All other expenses | $4,618 |
| Total functional expenses | $76,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,054 |
| Savings and temporary cash investments | $8,861 |
| 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 | $13,536 |
| Net Land, buildings, and equipment | $3,564 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $124,015 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $124,015 |
| Net assets with donor restrictions | $0 |
| 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 | $124,015 |