Valley Twisters Gymnastics Club Inc
- Assets
- $200.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valley City, ND
- Founding
- 02/1994
- Data as of
- 12/2020
- EIN
- 45-0389562
Organization Overview
Valley Twisters Gymnastics Club Inc is located in Valley City, ND. The organization was established in 1994. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Twisters 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 12/2020, Valley Twisters Gymnastics Club Inc generated $90.1k 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 (12.5%) each year. All expenses for the organization totaled $107.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.3%) 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE INSTRUCTION, TRAINING, COACHES, FURNISH EQUIPMENT AND SPONSOR ONE GYMNASTIC MEET A YEAR, THIS BENEFITS APPROX 125 PER YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Tobler Head Coach | 40 | $13,125 | |
Leslie Struble Treasurer | 1 | $10,500 | |
Dave Struble Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$2,294 |
| Net Income from Gaming & Fundraising | $33,740 |
| Other Revenue | $58,636 |
| Total Revenue | $90,082 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,032 |
| Salaries, other compensation, and employee benefits | $63,611 |
| Professional fees and other payments to independent contractors | $2,708 |
| Occupancy, rent, utilities, and maintenance | $14,700 |
| Printing, publications, postage, and shipping | $215 |
| Other expenses | $23,111 |
| Total expenses | $107,377 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,469 |
| Other assets | $0 |
| Total assets | $200,761 |
| Total liabilities | $0 |
| Net assets or fund balances | $200,761 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valley Twisters Gymnastics Club Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Valley City-Barnes County Development Corporation Valley City, ND PURPOSE: Assistance for the purchase of equipment | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adventure Cycling Association Missoula, MT | $5,346,093 | $5,926,034 |
Road Runners Club Of America St Paul, MN | $4,688,484 | $3,965,282 |
American Gold Gymnastics Fargo, ND | $2,095,394 | $2,743,640 |
Northshore Gymnastic Assn Maple Plain, MN | $1,016,234 | $1,756,465 |
Jamestown Gymnastics Club Jamestown, ND | $963,405 | $296,750 |
Three Rivers Gymnastics Wahpeton, ND | $562,982 | $396,628 |
Lancer Youth Hockey Association La Crescent, MN | $533,804 | $204,979 |
Albert Lea Amateur Hockey Association Albert Lea, MN | $304,692 | $209,378 |
Valley Twisters Gymnastics Club Inc Valley City, ND | $200,761 | $0 |
Road Runners Club Of America Bozeman, MT | $70,717 | $0 |