Parent Booster Usa Inc
- Assets
- $77.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bassett, VA
- Founding
- 10/2005
- Data as of
- 06/2022
- EIN
- 82-1396130
Organization Overview
Parent Booster Usa Inc is located in Bassett, VA. The organization was established in 2005. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Parent Booster USA 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, Parent Booster USA Inc generated $112.8k 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 (12.1%) each year. All expenses for the organization totaled $107.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BOOSTERS SHALL PROVIDE FUNDRAISING AND OTHER SUPPORT METHODS TO FULLY FUND THE BASSETT HIGH SCHOOL BAND AND MUSIC PROGRAMS.
Describe the Organization's Program Activity:
Part 3
CLINICIANS
START UP COSTS
COMPETITION EXPENSES
ALL DISTRICT EXP. 960.00 APPAREL 4,983.29 BAND BANQUET CONCESSIONS OPERATIONS BANK CHARGES 1,199.77 PRINTING AND COPYING 60.87 SUPPLIES COMPETITION ENTRY FEES 1,487.00 FLAGS - COLORGUARD 2,895.50 MUSIC AND DRILL 8,536.98 MUSICAL EQUIPMENT 5,263.48 OTHER COSTS 2,778.68 PROPS UNIFORMS - COLOR GUARD 3,550.98 UNIFORMS - DRY CLEANING 133.33 UNIFORMS - MARCHING BAND 607.78 UNIFORMS - SHOES/GLOVES 792.87 OTHER TYPES OF EXPENSES - OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Wray Treasurer | 0 | $0 | |
Carolyn Carter Secretary | 0 | $0 | |
Lisa Morgan President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,698 |
| Total Program Service Revenue | $920 |
| Membership dues | $31,769 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $38,639 |
| Other Revenue | $20,506 |
| Total Revenue | $112,771 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,225 |
| Professional fees and other payments to independent contractors | $385 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $72,358 |
| Total expenses | $107,054 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,371 |
| Other assets | $0 |
| Total assets | $77,371 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,371 |
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