Parent Booster Usa Inc, operating under the name Colgan Athletic Boosters Inc, is located in Manassas, 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. Colgan Athletic 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 06/2022, Colgan Athletic Boosters Inc generated $189.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $140.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 5 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 Program Activity:
Part 3
THE PURPOSE OF THE CLUB IS TO PROMOTE AND ASSIST IN THE SUPPLEMENTARY FINANCIAL SUPPORT OF THE ATHLETIC DEPARTMENT AT CHARLES J. COLGAN HIGH SCHOOL (CHS). ADDITIONALLY, THE CLUB MUST DEMONSTRATE AN ATMOSPHERE THAT IS CONSISTENT WITH THE EDUCATIONAL PHILOSOPHY OF THE SCHOOL COMMUNITY AT CHS. THIS INCLUDES MAINTAINING THE ORGANIZATION, IMPLEMENTING ALL FUNDRAISING ACTIVITIES AND PROVIDING EXPENDITURES FOR ALL TEAMS UNDER THE ADMINISTRATION OF THE DIRECTOR OF STUDENT ACTIVITIES IN COMPLIANCE WITH TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, 20 U.S.C. 1681 ET SEQ.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colleen Heron President | 0 | $0 | |
Kelly Bright Treasurer | 0 | $0 | |
Tamara Abel Vice Preside | 0 | $0 | |
Tara Viscuso Corresp. Sec | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $189,169 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $189,169 |
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 | $104,226 |
Total expenses | $140,336 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $172,304 |
Other assets | $0 |
Total assets | $173,266 |
Total liabilities | $121,688 |
Net assets or fund balances | $51,578 |
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