Jacket Boosters INC EIN 31-1094381 Form 990 (PDF) Claim this org

Jacket Boosters INC

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Supports Mount Vernon High School's athletic programs. For fiscal year 2025 it reported $406K in revenue, $618K in expenses, and $926K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Mount Vernon, OH
Filings
4 on file (2021–2025)
Revenue
$406KFY2025
Expenses
$618K
Net assets
$926K
People
3
Filings
4
Updates
0
More identity details & actions ⌄
EIN  31-1094381 Public charity (501(c)(3)) Mount Vernon, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports Mount Vernon High School's athletic programs.
Leadership
Denise Conway · Vice Preside
Money in and out
$406K revenue, $618K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$406K
Pt VIII · Ln 12
Total expenses
$618K
Pt IX · Ln 25
Net assets
$926K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$213K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs-0.2% vs prior filing year
Operating runway
18.0mo
months of highly liquid reserves at operating expense rate▲ +51% vs prior filing year
Surplus margin
-52%
revenue over expenses, this year▼ -684% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$406K
FY2025▲ +22%
Expenses
$618K
FY2025▲ +105%
Total assets
$926K
FY2025▲ +209%
Total liabilities
$0
FY2025
Total revenue
$406K
Pt VIII · Ln 12
Total expenses
$618K
Pt IX · Ln 25
Net assets
$926K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$213K
Total assetsPt X · Ln 16$926K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJacket Boosters INC
EINHdr · item D31-1094381
Principal addressHdr · item CMount Vernon, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $612K of program spending, described in the organization's own filed words · FY2024.
01

Provide uniforms and equipment, travel expenses, fees and supplies for team sports at mount vernon, ohio high school with approximately 1200 students participating.

$612Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$180K · 44%
Program service revenue$128K · 32%
Contributions & grants$98K · 24%
Other revenue44%$180K
Program service revenue32%$128K
Contributions & grants24%$98K
Total revenueLn 12$406K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$612K
Management & general1%$6K
Total functional expensesLn 25$618K

Balance Sheet

Part X · end of year
CashLn 1$317K
Total assetsLn 16$926K
Total liabilitiesLn 26$0
Total net assetsLn 32$926K
Months of cash on handcomputed6.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $926K · Operating expenses/yr $618K
18.0 months
Where the money goes
Program services
Program services $612K · Total expenses $618K
99%
Management & General
Management & general $6K · Total expenses $618K
1.0%
Fundraising
Fundraising $0 · Total expenses $618K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $86K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $98K · Total revenue $406K
24%
Government reliance
Government grants — · Total revenue $406K
Earned-income share
Program service revenue $128K · Total revenue $406K
32%
Investment reliance
Investment income $0 · Total revenue $406K
0%
Program self-sufficiency
Program service revenue $128K · Total expenses $618K
21%
Growth & trend
Revenue growth (YoY)
This year $406K · Prior year $332K
+22%
Revenue CAGR
FY2020 $210K · FY2024 $406K
+18%
Net-asset trend (YoY)
End of year $926K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $406K · Expenses $618K
-52%
Liabilities-to-Assets
Total liabilities — · Total assets $926K
Net-asset ratio
Net assets $926K · Total assets $926K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $610K · Total assets (Pt X, ln 16) $926K
66%
People & payroll
Highest Reported Total Compensation
Individual Denise Conway · Reported title VICE PRESIDE · Highest reported compensation $0 · Total expenses $618K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $618K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1.0%
Fundraising cost ratio 0%
Revenue growth 22%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$30K
Grants paid · 1 grant · $30K · 2020–2020
Knox County FoundationOH · FY2020$30,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$406K revenue · viewing · ⤓ 990 PDF
FY2024$332K revenue · ⤓ 990 PDF
FY2023not on file
FY2022$309K revenue · ⤓ 990 PDF
FY2021$210K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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