BAND BOOSTERS OF LAKE ZURICH LTD
Mission Statement
To collaborate with the Lake Zurich High School Band Director(s), the High School officials, and Lake Zurich School District officials, to promote the advancement of the Lake Zurich High School band program. To provide financial funding beyond the base District provided Band Program funding to enable the on-going promotion of an exceptional Lake Zurich High School Band Program. To encourage the growth and development of an exceptional band program that complements and expands the educational opportunities of Lake Zurich High School students. To facilitate effective communications regarding band program activities and encourage parent, family and community involvement in those activities.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
105.7% | 82.6% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
55.7% | 35.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
20.2 mo | 16.5 mo |
P10P90
|
Above median |
|
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
|
16.6% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-20.8% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-29.9% | 1.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.1% | 9.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $39K | $39K | $65K | 105.7% | — |
| 2023 | $49K | $55K | $65K | 60.6% | — |
| 2022 | $39K | $35K | N/A | — | 1 |
| 2021 | $20K | $20K | N/A | — | 1 |
| 2020 | $44K | $34K | N/A | — | 1 |
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