Bgb Club Inc
- Assets
- $200.6k
- Revenue
- $647.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Westerville, OH
- Founding
- 01/2004
- Data as of
- 05/2024
- EIN
- 31-1754245
Organization Overview
Bgb Club Inc is located in Westerville, OH. The organization was established in 2004. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bgb Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2024, Bgb Club Inc generated $647.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $621.3k during the year ending 05/2024. While expenses have increased by 0.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND ENCOURAGE LOCAL, NATIONAL, AND INTERNATIONAL AMATEUR GYMNASTICS COMPETITION BY ENSURING THAT ALL MEMBER GYMNASTS HAVE THE OPPORTUNITY TO TRAIN AND COMPETE IN HIGH QUALITY FACILITIES AND MEETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SUPPORTED OVER 194 YOUTH ARTISTIC WOMEN FOR THE 2024 GYMNASTICS COMPETITION SEASON. THE ORGANIZATION FINANCIALLY SUPPORTED GYMNASTICS EXPENSES FOR EQUIPMENT, TRAVEL EXPENSES, COACHES TRAVEL EXPENSES, USAG FEES AND EXPENSES, AND A TEAM BANQUET. EACH GYMNAST PARTICIPATED IN AN AVERAGE OF 14 AWAY MEETS.
BGB CLUB, INC. HOSTED AN INTERNATIONAL YOUTH ARTISTIC WOMEN'S GYMNASTICS MEET WITH OVER 2,600 COMPETING GYMNASTS. REVENUE IS USED TO FUND THE ORGANIZATION'S ACTIVITIES AND EXPENSES. THE MEET WAS DESIGNED TO PROVIDE MEMBERS THE ABILITY TO COMPETE AT A LOCAL EVENT THAT IS INTERNATIONALLY RECOGNIZED WHILE MINIMIZING TRAVEL AND REGISTRATION COSTS TO ITS MEMBERS AND TO SUPPORT THE MEMBERS BY PROVIDING OPPORTUNITIES TO COMPETE AT QUALITY EVENTS.
BGB CLUB INC. COLLECTED AND DISTRIBUTED MEET FEES FOR THE BENEFIT OF, AND AS A CONTINUING SERVICE TO, THE MEMBER GYMNASTS AND THEIR PARENTS OR GUARDIANS. THIS SERVICE ASSURES THAT GYMNASTS ARE PROPERLY REGISTERED FOR USAG COMPETITIONS. ALL MONEY IS ACCOUNTED PER GYMNAST AND ANY MONIES NOT USED FOR THE INDIVIDUAL GYMNAST'S BENEFIT ARE REFUNDED AT THE END OF THE COMPETITION SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Routte President | OfficerTrustee | 5 | $0 |
Cindy El Hage Vice President | OfficerTrustee | 5 | $0 |
Joey Zaborowski Secretary | OfficerTrustee | 5 | $0 |
Brian Todd Accounts Receivables Treas | OfficerTrustee | 5 | $0 |
Mandy Still Accounts Payable Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $640,496 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,447 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $647,320 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $34,953 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,985 |
| Advertising and promotion | $4,709 |
| Office expenses | $4,351 |
| Information technology | $2,636 |
| Royalties | $0 |
| Occupancy | $3,626 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $38,188 |
| Total functional expenses | $621,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,550 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $200,550 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $200,550 |
| Total liabilities and net assets/fund balances | $200,550 |