Riverside Athletic Booster Club Inc is located in Leesburg, VA. The organization was established in 2014. 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. Riverside Athletic Booster Club 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 12/2022, Riverside Athletic Booster Club Inc generated $201.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $181.8k during the year ending 12/2022. 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
SUPPORT ATHLETIC TEAM NEEDS IN ADDITION TO WHAT THE HIGH SCHOOL CAN SUPPORT. THISIS DONE BY SUPPORTING ATHLETIC TEAM NEEDS IN ADDITION TO WHAT THE HIGH SCHOOL CAN PROVIDE. FUNDS ARE COLLECTED BY THE BOOSTERS FOR MEMBERSHIPS AND OTHER ATHLETIC RELATED ACTIVITIES INCLUDING GAME CONCESSIONS. FURTHERMORE, OTHER RELATED SERVICES ARE PROVIDED, SUCH AS SAT PREP, TO ASSIST ATHLETES (AND OTHERS AS IT IS OPEN TO THE SCHOOL). FUNDS ARE DISBURSED TO TEAM EXPENSES BASED ON A TEAM'S ASSISTANCE WITH CONCESSIONS WITH EACH TIME SLOT SERVING THE GAMES RESULTS AN IN AMOUNT ALLOCATED TO THE TEAM FUND BALANCE WITH THE SCHOOL. VOLUNTEERS INCLUDE UP TO ALL PARENTS OF STUDENT ATHLETES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING OF TEAM SUPPORT THROUGH COLLECTION OF DONATIONS AND ALLOCATING TO TEAMS FOR SPECIFIC TEAM EXPENSES AS DICTATED BY THE HIGH SCHOOL AD
PROVIDING OF ATHLETIC RELATED SCHOLARSHIPS FOR THE HIGH SCHOOL WITH RECIPIENTS SELECTED FROM BOOSTERS MEMBERS BASED ON SUBMISSIONS AND A BLIND REVIEW.
MANAGING CONCESSIONS WITH ALL PROCEEDS ALLOCATED TO TEAMS BASED ON THEIR LEVEL OF PARTICIPATION IN THE CONCESSIONS DURING OTHER EVENTS. FOR EXAMPLE A FOOTBALL PARENT WILL SERVE CONCESSIONS FOR A VOLLEYBALL MATCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Flynn President | Officer | 10 | $0 |
Scott Cook Vice President | Officer | 2 | $0 |
Stuart Logan Treasurer | Officer | 3 | $0 |
Heather Rhodes Secretary | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,340 |
Fundraising events | $25,538 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $96,817 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $129,695 |
Total Program Service Revenue | $56,836 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $201,809 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $6,000 |
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 | $21,150 |
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 | $0 |
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 | $3,112 |
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 | $181,780 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $168,310 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $168,310 |
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 | $37,295 |
Total liabilities | $37,295 |
Net assets without donor restrictions | $131,015 |
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 | $168,310 |
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