Summit Gymnastics
- Assets
- $35.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, WY
- Founding
- 10/2005
- Data as of
- 02/2024
- EIN
- 52-2440958
Organization Overview
Summit Gymnastics is located in Buffalo, WY. The organization was established in 2005. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Summit Gymnastics 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 02/2024, Summit Gymnastics generated $74.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $82.6k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE ATHLETIC ACTIVITIES TO CHILDREN IN THE FORM OF GYNMASTIC TRAINING THAT WILL BENEFIT CHILDRENS LIVES THROUGH ATLETICS, DISCIPLINE, PHYSICAL DEVELOPEMENT AND PROPER FORM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marissa Stott Chairman | 1 | $0 | |
Dave Harness Vice-Chairman | 1 | $0 | |
Darla Markovsky Treasurer | 1 | $0 | |
Josh Keown Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,785 |
| Total Program Service Revenue | $0 |
| Membership dues | $54,279 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,809 |
| Other Revenue | $0 |
| Total Revenue | $74,873 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,125 |
| Professional fees and other payments to independent contractors | $3,900 |
| Occupancy, rent, utilities, and maintenance | $16,299 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,323 |
| Total expenses | $82,647 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,880 |
| Other assets | $0 |
| Total assets | $35,303 |
| Total liabilities | $147 |
| Net assets or fund balances | $35,156 |