Colonial Forge Music Boosters
- Assets
- $43.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stafford, VA
- Founding
- 09/2004
- Data as of
- 06/2024
- EIN
- 54-2054930
Organization Overview
Colonial Forge Music Boosters is located in Stafford, VA. The organization was established in 2004. 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. Colonial Forge Music Boosters 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 06/2024, Colonial Forge Music Boosters generated $68.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $74.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tad Drozdowski Vice President | 8 | $0 | |
Aaron Knepel Treasurer | 8 | $0 | |
Kenya Adams President | 8 | $0 | |
Caroline Grant Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $37,678 |
| Other Revenue | $30,720 |
| Total Revenue | $68,415 |
| 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 | $25,019 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $75 |
| Other expenses | $49,236 |
| Total expenses | $74,330 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,242 |
| Other assets | $0 |
| Total assets | $43,415 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,415 |