Flips Parent Organization Inc
- Assets
- $66.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frederick, MD
- Founding
- Data as of
- 05/2023
- EIN
- 85-1015433
Organization Overview
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 05/2023, Flips Parent Organization Inc generated $110.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $87.0k during the year ending 05/2023. While expenses have increased by 13.8% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT FOR CHILDREN'S GYMNASTICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jen Pragalo President | 3 | $0 | |
Stephanie Garber Vice President | 3 | $0 | |
Megan Konieczka Treasurer | 3 | $0 | |
Emily Smallwood Treasurer | 3 | $0 | |
Noelle Andres Secretary | 3 | $0 | |
Melissa Leone Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,732 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $39,283 |
| Other Revenue | $0 |
| Total Revenue | $110,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $83,470 |
| 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 | $3,560 |
| Total expenses | $87,030 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,504 |
| Other assets | $0 |
| Total assets | $66,504 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,504 |