Carroll Athletic Booster Club

Overview

The Carroll Athletic Booster Club is a 501(c)(3) nonprofit organization located in Southlake, Texas, and is designated as a public charity. It was founded with the purpose of supporting the athletic programs of the Carroll Independent School District.

Purpose and Activities

The primary goal of the club is to provide financial and logistical support to the new and existing athletic programs within the Carroll Independent School District. This includes promoting and enhancing the overall athletic experience for students, often through fundraising events and donations.

Financial Profile

As of the fiscal year ending June 2023, the club reported total revenues of $515,094, with the majority coming from grants, contributions, and donations amounting to $571,248, although net income from sales of inventory was a negative $56,154, adjusting the overall revenue figure. The financial data for previous years shows a consistent reliance on contributions and fundraising efforts to support athletic programs.

The club's expenses typically align with its mission to enhance athletic programs, but specific expense details such as salaries are minimal, as no executive compensation or professional fundraising fees are reported. The club's total assets have fluctuated over the years but remained generally positive, with liabilities being minimal.

Governance and Leadership

The club operates under a structure typical of nonprofit organizations, with leadership roles including a President and Treasurer. In recent years, individuals such as Mitch Stacy have served as President, fostering community involvement and oversight of club activities.

Tax Status and Donations

Donations to the Carroll Athletic Booster Club are tax-deductible, making it an attractive choice for those wishing to support local athletic initiatives. The club files annual Form 990 reports to the IRS, providing transparency into its financial operations and governance practices.