Jefferson Athletic Booster Group EIN 47-1488949 Form 990 (PDF) Claim this org

Jefferson Athletic Booster Group

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Provides funds to school sports teams for player development, equipment, and travel. For fiscal year 2024 it reported $749K in revenue, $592K in expenses, and $835K in net assets.Pt I

Founded
2014
Type
Public charity (501(c)(3)) · Education
Location
Bloomington, MN
Website
www.jagsfoundationmn.org
Filings
5 on file (2020–2024)
Revenue
$749KFY2024
Expenses
$592K
Net assets
$835K
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-1488949 Public charity (501(c)(3)) Bloomington, MN Founded 2014
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides funds to school sports teams for player development, equipment, and travel.
Leadership
Will Sanders · Gambling Man · $60K
Money in and out
$749K revenue, $592K expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$749K
Pt VIII · Ln 12
Total expenses
$592K
Pt IX · Ln 25
Net assets
$835K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $158K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
17.0mo
months of highly liquid reserves at operating expense rate▲ +72% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▲ +90% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$749K
FY2024▼ -20%
Expenses
$592K
FY2024▼ -29%
Total assets
$836K
FY2024▲ +22%
Total liabilities
$2K
FY2024▼ -75%
Total revenue
$749K
Pt VIII · Ln 12
Total expenses
$592K
Pt IX · Ln 25
Net assets
$835K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$158K
Total assetsPt X · Ln 16$836K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

1 program service account for $572K of program spending, described in the organization's own filed words · FY2024.
01

The jefferson athletic foundation distributed funds to member sports teams that are used for player development, team building, recognition programs, special events, equipment purchases, uniforms, travel, general supplies and other expenses.

$572Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJefferson Athletic Booster Group
EINHdr · item D47-1488949
Principal addressHdr · item CBloomington, MN
WebsiteHdr · item Jwww.jagsfoundationmn.org
Year of formationHdr · item L2014
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B11)
Ruling yearIRS BMFFeb 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
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
Gambling Man
$60,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
VP Member Se
$0Pt VII · Sec A
VP Secretary
$0Pt VII · Sec A
VP Marketing
$0Pt VII · Sec A
VP Administr
$0Pt VII · Sec A
VP Technolog
$0Pt VII · Sec A
VP Strategy
$0Pt VII · Sec A

Will Sanders’s $60K as Gambling Man is at the 52nd percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2022
Will Sanders$60,000
Tony Gilardi$39,088$30,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue$498K · 66%
Program service revenue$136K · 18%
Contributions & grants$112K · 15%
Other revenue66%$498K
Program service revenue18%$136K
Contributions & grants15%$112K
Investment income$4K
Total revenueLn 12$749K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$572K
Management & general3%$20K
Total functional expensesLn 25$592K

Balance Sheet

Part X · end of year
CashLn 1$836K
Total assetsLn 16$836K
Total liabilitiesLn 26$2K
Total net assetsLn 32$835K
Months of cash on handcomputed17.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $836K · Operating expenses/yr $592K
17.0 months
Where the money goes
Program services
Program services $572K · Total expenses $592K
97%
Management & General
Management & general $20K · Total expenses $592K
3%
Fundraising
Fundraising $0 · Total expenses $592K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $260K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $112K · Total revenue $749K
15%
Government reliance
Government grants — · Total revenue $749K
Earned-income share
Program service revenue $136K · Total revenue $749K
18%
Investment reliance
Investment income $4K · Total revenue $749K
+0.5%
Program self-sufficiency
Program service revenue $136K · Total expenses $592K
23%
Growth & trend
Revenue growth (YoY)
This year $749K · Prior year $934K
-20%
Revenue CAGR
FY2019 $607K · FY2024 $749K
+4%
Net-asset trend (YoY)
End of year $835K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $749K · Expenses $592K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $836K
Net-asset ratio
Net assets $835K · Total assets $836K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $836K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Will Sanders · Reported title GAMBLING MAN · Highest reported compensation $60K · Total expenses $592K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $592K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Revenue growth -20%

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 · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$500

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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
FY2024$934K revenue · ⤓ 990 PDF
FY2023$943K revenue · ⤓ 990 PDF
FY2022$774K revenue · ⤓ 990 PDF
FY2021$415K revenue · ⤓ 990 PDF
FY2020$607K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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