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Nonprofit · EIN 58-1468811

FRED T FOARD MUSIC BOOSTERS INC

Tax-exempt (reinstated) · NEWTON, NC 28658

Financials

$57K$55K2021$58K$69K2023$73K$65K2024
Revenue Expenses · by fiscal year end
Financials of FRED T FOARD MUSIC BOOSTERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990-EZ$72,842$65,441$7,401$20,018$0$20,018
May 31, 2024990-EZ$58,434$68,817-$10,383$12,617$0$12,617
May 31, 2022990-EZ$56,685$55,050$1,635$13,804$0$13,804
Financial details: 990-EZ for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$3,840
Membership dues
$48,175
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$21,120
Net income from sales of inventory
-$293
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$54,084
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$11,357
Program services (functional)
$63,592

Balance sheet and other

Total assets, start of year
$12,617
Total assets, end of year
$20,018
Total liabilities, end of year
$0
Net assets, end of year
$20,018
Cash, savings and investments
$20,018
Gross receipts
$91,461

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Charles RanatoPresident10$0
Hillery ThackerTreasurer10$0
Carrie ByrumTreasurer10$0
Amy SpanglerSecretary5$0
990-EZ for the year ended May 31, 2024: 4 people
NameTitleHours / weekCompensation
Charles RanatoPresident10$0
Hillery ThackerTreasurer10$0
Carrie ByrumTreasurer10$0
Amy SpanglerSecretary5$0
990-EZ for the year ended May 31, 2022: 4 people
NameTitleHours / weekCompensation
Patricia PattonPresident15$0
Shawn MilburnVice President6$0
Mai LorSecretary1$0
Kristina PainterTreasurer6$0

Address and contacts

Address (IRS master file)
3407 PLATEAU RD, NEWTON, NC 28658-8809
In care of
% BAND BOOSTERS
Signed the 990-EZ
Hillery Thacker, Treasurer
Phone
(704) 462-1496

Mission

Band Booster Organization. We support the Fred T. Foard High School Band by paying for band competitions, playing at football games, trying out for and attending honors bands, and trips through fundraisers and fees. We also attended a band trip to Orlando this past year.

990-EZ for the year ended May 31, 2025

Program accomplishments

  • Provide funding so students may participate in band and color guard competitions and trips. Also provides musical instruction and equipment. Approximately 70 students. We came in first in our class in several competitions this year.
    Expenses $63,592

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990-EZ on file
2023May 31, 2024October 15, 2024990-EZ on file

IRS record

EIN
58-1468811
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,018
Income (IRS master file)
$91,461

Revocation and reinstatement

Exemption revoked
October 15, 2016
Posted by the IRS
February 28, 2017
Reinstated
Effective October 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZMay 2025$72,842$65,441$20,018XML
990-EZMay 2024$58,434$68,817$12,617XML
990-EZMay 2023–––IRS
990-EZMay 2022$56,685$55,050$13,804XML
990-EZMay 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1468811).

Questions about FRED T FOARD MUSIC BOOSTERS INC

What is the EIN of FRED T FOARD MUSIC BOOSTERS INC?
The employer identification number (EIN) of FRED T FOARD MUSIC BOOSTERS INC is 58-1468811.
Is FRED T FOARD MUSIC BOOSTERS INC tax-exempt?
Yes. The IRS revoked its exemption on October 15, 2016 and reinstated it effective October 15, 2016.
Are donations to FRED T FOARD MUSIC BOOSTERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRED T FOARD MUSIC BOOSTERS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRED T FOARD MUSIC BOOSTERS INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRED T FOARD MUSIC BOOSTERS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended May 2025.
Who are the officers and directors of FRED T FOARD MUSIC BOOSTERS INC?
The 990-EZ for the year ended May 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does FRED T FOARD MUSIC BOOSTERS INC have?
On its 990-EZ for the year ended May 31, 2025 it reported revenue of $72,842, expenses of $65,441 and total assets of $20,018 at year end.

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