Rainbow Gymnastics Inc
- Assets
- $435.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 30
- Location
- Medford, WI
- Founding
- 07/2011
- Data as of
- 08/2022
- EIN
- 27-4553013
Organization Overview
Rainbow Gymnastics Inc is located in Medford, WI. The organization was established in 2011. 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, Rainbow Gymnastics Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Gymnastics 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, Rainbow Gymnastics Inc generated $187.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $165.1k during the year ending 08/2022. While expenses have increased by 12.0% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A POSITIVE ATMOSPHERE TO LEARN GYMNASTIC SKILLS AS WELL AS AN OPPORUNITY FOR THOSE INTERESTED TO COMPETE ROUTINES SET BY USA GYMNASTICS AND AAU GYMNASTICS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Carbaugh Board Member | 0 | $0 | |
Dave Koester Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,744 |
| Total Program Service Revenue | $168,296 |
| Membership dues | $0 |
| Investment income | $58 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29 |
| Other Revenue | $17,432 |
| Total Revenue | $187,627 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,906 |
| Professional fees and other payments to independent contractors | $2,385 |
| Occupancy, rent, utilities, and maintenance | $16,746 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $79,052 |
| Total expenses | $165,089 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,476 |
| Other assets | $0 |
| Total assets | $435,642 |
| Total liabilities | $271,977 |
| Net assets or fund balances | $163,665 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rainbow Gymnastics Inc has recieved totaling $150.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Detroit Athletic Club Detroit, MI | $61,110,304 | $32,494,117 |
Medinah Country Club Medinah, IL | $51,813,196 | $25,838,666 |
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |
Skokie Country Club Glencoe, IL | $25,480,990 | $12,823,319 |
Franklin Hills Country Club Franklin, MI | $14,923,818 | $10,135,789 |
Northmoor Country Club Highland Park, IL | $11,897,440 | $11,149,941 |
Lake Shore Country Club Glencoe, IL | $23,861,178 | $9,263,473 |
Sunset Ridge Country Club Northfield, IL | $17,255,295 | $10,252,845 |
Womans Athletic Club Of Chicago Chicago, IL | $20,940,207 | $10,056,294 |