Palisades High School Booster Club Inc
- Assets
- $438.8k
- Revenue
- $609.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Pacific Palisades, CA
- Founding
- 06/1965
- Data as of
- 06/2024
- EIN
- 95-6112997
Organization Overview
Palisades High School Booster Club Inc is located in Pacific Palisades, CA. The organization was established in 1965. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, 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. Palisades High School 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 06/2024, Palisades High School Booster Club Inc generated $609.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $585.8k during the year ending 06/2024. While expenses have increased by 1.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PALISADES HIGH SCHOOL BOOSTER CLUB IS AN ALL-VOLUNTEER, NON-PROFIT ORGANIZATION WHOSE MISSION IS TO RAISE FUNDS TO SUPPORT AND ENHANCE THE LEARNING ENVIRONMENT AT PALISADES CHARTER HIGH SCHOOL THROUGH THE SUPPORT OF ACADEMICS, ART, ATHLETICS, DRAMA, MUSIC AND TECHNOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BOOSTER CLUB SPENT $158,960 FOR ACADEMIC PROGRAMS TO INCLUDE FIELD TRIPS AND PRODUCTION CLASSES. INCLUDED IN THIS AMOUNT IS $75,229 WHICH WAS SPENT ON CAMPUS EQUIPMENT IMPROVEMENT.
THE BOOSTER CLUB SPENT $62,381 FOR THE ATHLETIC DEPARTMENT AND ACADEMIC PROGRAMS. THIS AMOUNT INCLUDES UNIFORMS, SAFETY EQUIPMENT, SPORTS EQUIPMENT, MEET FEES FOR FOOTBALL, LACROSSE, VOLLYBALL AND WRESTLING. THIS AMOUNT ALSO INCLUDES $17,844 ALLOCATED FOR MUSIC EDUCATION.
THE BOOSTER CLUB SPENT $52,896 ON THE AQUATICS PROGRAM FOR MEET FEES, UNIFORMS, MISC EQUIPMENT. THIS AMOUNT INCLUDES ITEMS FOR SWIMMING AND WATER POLO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sylvia Karlan Secretary | Officer | 8 | $0 |
Dorothianne Carr Treasurer | Officer | 8 | $0 |
Richard Heid President | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $125,103 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $356,273 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $481,376 |
| Total Program Service Revenue | $0 |
| Investment income | $12,936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $114,758 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $609,070 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,508 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| 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 | $350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,885 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $501,527 |
| Advertising and promotion | $1,379 |
| Office expenses | $1,267 |
| 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 | $652 |
| All other expenses | $0 |
| Total functional expenses | $585,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,743 |
| Savings and temporary cash investments | $213,105 |
| 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 | $438,848 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $75,269 |
| Paid-in or capital surplus, or land, building, or equipment fund | $78,784 |
| Retained earnings, endowment, accumulated income, or other funds | $284,795 |
| Total liabilities and net assets/fund balances | $438,848 |