Knights Fine Arts Boosters is located in Bellevue, WA. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knights Fine Arts Boosters 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 06/2022, Knights Fine Arts Boosters generated $7.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.2%) each year. All expenses for the organization totaled $2.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (42.7%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EFFECTIVE AT ITS YE 6/30/2022, TAXPAYER'S(KFAB) ACTIVITIES, OPERATIONS, PROGRAMS, GOVERNANCE AND ASSETS WERE COMBINED WITH KNIGHTS ATHLETICS BOOSTER ASSOCIATIONS,(KABA), A 501(C)(3) ORGANIZATION. SEE ATTACHED RESOLUSTIONS. TAXPAYER WAS ADMINISTRATIVELY DISSOLVED AS A WA NFP CORPORATION AND FROM 7/1/2022-6/30/2023 AND FUTURE YEARS, ITS PROGRAMS AND ACTIVITIES WILL BEINCLUDED IN KABA'S FORM 990. BOTH TAXPAYER AND KABA ARE 501(C)(3) BOOSTERORGANIZATIONS WITH JUNE 30TH YEAR ENDS IN SUPPORT OF NEWPORT HIGH SCHOOL, PART OF BELLEVUE SCHOOL DISTRICT, BELLEVUE WA. HTTPS://BSD405.ORG/NHS/ KABA'S INFORMATION IS BELOW: PO BOX 40261 BELLEVUE, WA 98015 EIN 71-0896930 501(C)(3)
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH DECLINING STATE FUNDS FOR EXTRACURRICULAR AND OTHER SCHOOL ACTIVITIES, KFAB ASSISTED WITH FUNDING UNIFORMS, SUPPLIES AND COSTUMES FOR DRAMA, CHOIR AND ROBOTICS.
DUE TO PRESSURES ON SCHOOL BUDGETS, KFAB HELPED PAY FOR VARIOUS CHOIR, ROBOTICS AND DRAMA COSTS IN SUPPORT OF THE STUDENTS ACTIVITIES INCLUDING CONCERTS AND EXTRA PRACTICES AND OUTSIDE INSTRUCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Raj Ghahir President | Officer | $0 | |
Debbie Romero Director | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,318 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,318 |
Total Program Service Revenue | $3,905 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,223 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $700 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $664 |
All other expenses | $15 |
Total functional expenses | $2,562 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
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 | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |