Boyne Area Gymnastics Inc
- Assets
- $270.9k
- Revenue
- $149.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Boyne City, MI
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 38-2707101
Organization Overview
Boyne Area Gymnastics Inc is located in Boyne City, MI. The organization was established in 1994. 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 12/2021, Boyne Area Gymnastics Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boyne Area 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 12/2021, Boyne Area Gymnastics Inc generated $149.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $130.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GYMNASTICS TRAINING FOR YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES GYMNASTICS TRAINING TO APPROXIMATELY 250 YOUTH IN THE GREATER BOYNE CITY AREA
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 |
|---|---|---|---|
Kari Streelman Member | Trustee | 0 | $35,700 |
Andy Place Secretary | OfficerTrustee | 2 | $0 |
George Clemens President | OfficerTrustee | 2 | $0 |
Carla Alexander Treasurer | OfficerTrustee | 0 | $0 |
Bruce Korthase Vice President | OfficerTrustee | 0 | $0 |
Ami Dionee Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,777 |
| Fundraising events | $6,435 |
| Related organizations | $0 |
| Government grants | $44,642 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,419 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,273 |
| Total Program Service Revenue | $69,211 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,107 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $149,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $35,700 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,030 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,541 |
| Fees for services: Accounting | $4,438 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112 |
| Advertising and promotion | $195 |
| Office expenses | $841 |
| Information technology | $154 |
| Royalties | $0 |
| Occupancy | $12,219 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,144 |
| Insurance | $7,660 |
| All other expenses | $0 |
| Total functional expenses | $130,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,127 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $251,792 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $270,919 |
| Accounts payable and accrued expenses | $2,017 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,017 |
| Net assets without donor restrictions | $268,902 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $270,919 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boyne Area Gymnastics Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Gamma Fraternity Columbus, OH | $24,648,581 | $44,041,794 |
Kappa Kappa Gamma Fraternity Inc Dublin, OH | $6,485,391 | $48,587,416 |
Zeta Tau Alpha Fraternity Carmel, IN | $13,572,932 | $39,083,661 |
Detroit Athletic Club Detroit, MI | $61,110,304 | $32,494,117 |
Delta Zeta National Housing Corporation Oxford, OH | $87,996,446 | $22,719,151 |
Delta Zeta Nat'l Housing Co (group Return) Oxford, OH | $23,862,160 | $20,580,612 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Scioto Country Club Inc Columbus, OH | $33,295,673 | $14,482,821 |
Kenwood Country Club Cincinnati, OH | $26,605,503 | $12,714,296 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
Cincinnati Country Club Cincinnati, OH | $22,932,487 | $13,648,995 |
Delta Zeta Sorority Oxford, OH | $10,465,922 | $11,682,546 |