Monrovia Band Boosters Inc
- Assets
- $74.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monrovia, IN
- Founding
- 09/2000
- Data as of
- 05/2024
- EIN
- 35-1970630
Organization Overview
Monrovia Band Boosters Inc is located in Monrovia, IN. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monrovia Band 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 05/2024, Monrovia Band Boosters Inc generated $103.2k 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 (3.9%) each year. All expenses for the organization totaled $86.3k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO ASSIST AND PROVIDE SUPPORT FOR THE BAND STUDENTS IN THE MONROE-GREGG SCHOOL SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Taylor President | 1 | $0 | |
Lisa Renee Vice President | 1 | $0 | |
Jenifer Schloemer Secretary | 1 | $0 | |
Marc Schloemer Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $515 |
| Total Program Service Revenue | $0 |
| Membership dues | $57,435 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,233 |
| Other Revenue | $0 |
| Total Revenue | $103,184 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $86,285 |
| Total expenses | $86,285 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,054 |
| Other assets | $0 |
| Total assets | $74,054 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,054 |