Yellowjacket Band Foundation is located in Brownwood, TX. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Yellowjacket Band Foundation 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 12/2023, Yellowjacket Band Foundation generated $71.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 60.3% each year . All expenses for the organization totaled $85.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
YELLOW JACKET BAND FOUNDATION IS TO PROVIDE SCHOLARSHIPS TO DESERVING BAND STUDENTS ATTENDING HOWARD PAYNE UNIVERSITY..
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Kraemer Director | 1 | $0 | |
Chuck Christian Board Member | 1 | $0 | |
Michelle Kraemer Board Member | 1 | $0 | |
Allen Andrus Board Member | 1 | $0 | |
Mike Lewis Board Member | 1 | $0 | |
Jason Jones Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,725 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,807 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,532 |
| 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 | $150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $85,114 |
| Total expenses | $85,264 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,686 |
| Other assets | $0 |
| Total assets | $58,686 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,686 |