Midland Gymnastics Club Inc is located in Midland, MI. The organization was established in 1979. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midland 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 06/2023, Midland Gymnastics Club Inc generated $10.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.4%) each year. All expenses for the organization totaled $4.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (39.2%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT OF COMPETITIVE GYMNASTS AT MIDLAND GYMNASTICS TRAINING CENTER THROUGH MEET ADMINISTRATION, SUPPLEMENTAL TRAINING PROGRAMS AND CAMPS, AND GYMNASTICS EDUCATION OF 40 COMPETITIVE GYMNASTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Cryderman President | 1 | $0 | |
Miranda Wieber Treasurer | 0 | $0 | |
Sara Alexander Vice President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $458 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,050 |
| Other Revenue | $0 |
| Total Revenue | $10,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,387 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $3,450 |
| Total expenses | $4,847 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,568 |
| Other assets | $0 |
| Total assets | $23,050 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,050 |
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