Lafayette Area Gymnastics Booster Inc
- Assets
- $58.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, IN
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 20-5403616
Organization Overview
Lafayette Area Gymnastics Booster Inc is located in Lafayette, IN. The organization was established in 2007. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Lafayette Area Gymnastics Booster 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 12/2022, Lafayette Area Gymnastics Booster Inc generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $18.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 6 years. 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
YOUTH GYMNASTICS BOOSTER CLUB FOR KIDS OF ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Gregg President | 20 | $0 | |
Kathy Schroll VP | 20 | $0 | |
Angelique Johns Secretary | 20 | $0 | |
Jennifer Logan Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,080 |
| Total Program Service Revenue | $11,776 |
| Membership dues | $2,551 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,991 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,858 |
| Professional fees and other payments to independent contractors | $195 |
| Occupancy, rent, utilities, and maintenance | $125 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,359 |
| Total expenses | $18,537 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,985 |
| Other assets | $0 |
| Total assets | $57,985 |
| Total liabilities | $53,831 |
| Net assets or fund balances | $4,154 |