Grapevine Mustang Football Booster Club
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE GRAPEVINE MUSTANG FOOTBALL BOOSTER CLUB (THE "BOOSTER CLUB") IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPROSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WITHIN THE MEANING OF IRC 501(C)(3), THE BOOSTER CLUB SEEKS (1) TO SIMULATE AND SUSTAIN AN ENTHUSIASTIC INTEREST AMONG PARENTS, FOOTBALL PLAYERS, THE GHS STUDENT BODY, AND MEMBERS OF THE COMMUNITY IN THE GHS FOOTBALL PROGRAM; (2) TO LEND ALL POSSIBLE SUPPORT, FINANCIAL, AND NON-FINANCIAL TO THE ACTIVITIES OF THE GHS FOOTBALL PROGRAM WITHIN THE GUIDELINES SPECIFIEDBY THE GRAPEVINE COLLEYVILLE INDEPENDENT SCHOOL DISTRICT ("GCISD") BOARD OF EDUCATION, THE GHS ATHELTIC DIRECTOR, THE GHS FOOTBALL COACHING STAFF AND UNIVERSITY INTERSCHOLASTIC LEAGUE GUIDELINES AND REGULATIONS (3) TO PARTICIPATE (IN COOPERATION WITH THE GHS ATHELTIC DIRECTOR, THE GHS HEAD FOOTBALL COACH, OR HIS DESIGNATED STAFF MEMBER(S)) IN ACTIVITIES DESIGNED OR CONDUCTED TO PROMOTE THE GHS FOOTBALL PROGRAM.
- Income
- $306,905
- Spending
- $322,069
- Spent on programs
- 99%
- Reserves
- 1.5 months of spending
- Largest source of income
- donations and private grants, 85%
- Employees
- 0
Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 58 out of 100. Higher than 24% of charities in its peer group (education, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 5% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 66% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- COACH'S EXPENDITURES - THESE EXPENDITURES WERE MADE FOR THE BENEFIT OF THE TEAM CONSISTENT WITH THE STATED GOALS OF THE BOOSTER CLUB
- SAFETY EQUIPMENT AND UNIFORMS PURCHASED FOR PLAYERS
- BANQUET FOR FAMILIES AND PLAYERS
- $318,130 spent. ALL OTHER EXPENSES FOR THE BOOSTER CLUB
Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2011 for not filing returns for three years, and reinstated on May 15, 2011.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending February 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.