Charity Search / FRED T FOARD MUSIC BOOSTERS INC
Arts, Culture & Humanities (A6C) IRS Verified DX Registered 990 on File

FRED T FOARD MUSIC BOOSTERS INC

EIN: 58-1468811 · NEWTON, NC 28658-8809 · United States · FY 2025 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 45/100
Effectiveness (25%) 73/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$73K
Total Revenue
$65K
Total Expenses
$20K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 97.2%
Fundraising Efficiency 46.0%
Operating Reserve 3.67x
Liability-to-Asset 0.0%
Revenue Diversification 5.3%
Compared with Peers
FY 2025
Compared with 7,347 similar organizations (United States, Arts, Culture & Humanities, under $100K in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
97.2% 82.0%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
46.0% 35.5%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
3.7 mo 15.5 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
5.3% 85.7%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
24.7% 0.0%
P10P90
Expense growth
Year over year expense growth
-4.9% 0.6%
P10P90
Surplus margin
Surplus as a share of revenue
10.2% 8.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $73K $65K $20K 97.2% —
2024 $58K $69K $13K 100.0% —
2023 $138K $129K $23K 100.0% —
2022 $57K $55K $14K 38.5% —
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Organization Details
EIN
58-1468811
State
NC
City
NEWTON
ZIP
28658-8809
Classification
A6C
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
16
Form 990
On File
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