BEducationEIN: 850375802· Ruling Year: 2014

Hobbs Band Boosters

Hobbs, New Mexico

B+Health Score
70B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

How This Organization Compares

Compared to 2 peers in Education with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.49×
Peer Median26.08×
💰
$65K
Total Revenue
📊
$55K
Total Expenses
🏦
$27K
Net Assets
📋
$11K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.2%
Year-over-year change (2023 → 2024)
Net Margin
+15.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
29.5%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2024$65,10920%$54,9506%$37,90728%
2023$54,15541%$51,6599%$52,7916%
2022$38,450444%$47,235235%$56,0237%
2021$7,06695%$14,10090%$52,1661%
2020$145,95614%$134,77912%$52,5081%
2019$127,8228%$153,49619%$52,23018%
2018$139,15449%$128,71356%$44,37831%
2017$274,209108%$289,767131%$33,93731%
2016$132,02029%$125,69733%$49,49515%
2015$102,469$94,563$43,169

Frequently Asked Questions

What does Hobbs Band Boosters do?

Hobbs Band Boosters is a education nonprofit organization based in New Mexico. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hobbs Band Boosters financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hobbs Band Boosters.

How much revenue does Hobbs Band Boosters generate?

Hobbs Band Boosters reports $71K in annual revenue and holds $35K in total assets, based on IRS filings.

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