Flips Parent Organization Inc is located in Frederick, MD. 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. Flips Parent Organization 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 05/2022, Flips Parent Organization Inc generated $105.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $98.9k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT FOR CHILDREN'S GYMNASTICS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dianne Thompson President | 5 | $0 | |
Jennifer Bazinet Board Member | 5 | $0 | |
Elena Dreyer Board Member | 5 | $0 | |
Kate Boller Board Member | 5 | $0 | |
Alex Stickelman Board Member | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $105,431 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $105,431 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $96,935 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,000 |
Total expenses | $98,935 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,519 |
Other assets | $0 |
Total assets | $43,519 |
Total liabilities | $0 |
Net assets or fund balances | $43,519 |
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