River Falls Gymnastics Club Inc is located in River Falls, WI. The organization was established in 2008. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2022, River Falls Gymnastics Club Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Falls Gymnastics 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 08/2022, River Falls Gymnastics Club Inc generated $458.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $386.4k during the year ending 08/2022. While expenses have increased by 6.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH AND EDUCATE THE SPORT OF GYMNASTICS TO THE YOUTH IN THE RIVER FALLS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO TEACH AND EDUCATE THE SPORT OF GYMNASTICS TO THE YOUTH IN THE RIVER FALLS AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Debbie Tradewell Vice Preside | OfficerTrustee | 12 | $5,824 |
Jordan Maier Director | Trustee | 6 | $1,240 |
Kendra Morgan Director | Trustee | 6 | $1,138 |
Julie Bruns Treasurer | OfficerTrustee | 4 | $620 |
Sarah Sattler Director | Trustee | 2 | $292 |
Ann Pierce President | OfficerTrustee | 2 | $0 |
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 | $921 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $921 |
Total Program Service Revenue | $444,163 |
Investment income | $526 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $11,846 |
Miscellaneous Revenue | $0 |
Total Revenue | $458,870 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $9,114 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $227,221 |
Pension plan accruals and contributions | $1,430 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,155 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,932 |
Advertising and promotion | $133 |
Office expenses | $14,138 |
Information technology | $2,688 |
Royalties | $0 |
Occupancy | $25,047 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $607 |
Interest | $25,419 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $51,682 |
Insurance | $11,312 |
All other expenses | $977 |
Total functional expenses | $386,410 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $93,150 |
Savings and temporary cash investments | $130,446 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $210 |
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 | $7,984 |
Net Land, buildings, and equipment | $1,270,003 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $707 |
Total assets | $1,502,500 |
Accounts payable and accrued expenses | $9,588 |
Grants payable | $0 |
Deferred revenue | $51,764 |
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 | $564,665 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $626,017 |
Net assets without donor restrictions | $876,483 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,502,500 |
Over the last fiscal year, we have identified 1 grants that River Falls Gymnastics Club Inc has recieved totaling $108.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $108 |
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