Flips Gymnastics Corporation
- Assets
- $38.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sparks, NV
- Founding
- 09/1978
- Data as of
- 12/2019
- EIN
- 88-0146363
Organization Overview
Flips Gymnastics Corporation is located in Sparks, NV. The organization was established in 1978. 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. Flips Gymnastics Corporation 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 12/2019, Flips Gymnastics Corporation generated $56.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $28.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (19.1%) 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
2019
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FUNDING TO ALLOW LOCAL GYMNASTS TO PARTICIPATE IN LOCAL AND OUT OF TOWN GYMNASTIC MEETS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Fewins Treasurer | 4 | $0 | |
Anya Mathews Director | 4 | $0 | |
Danielle Carlton President | 4 | $0 | |
Anne Carter Hargrove Secretary | 4 | $0 | |
Melissa Poole Director | 4 | $0 | |
Lynne Gardner Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,740 |
| Total Program Service Revenue | $27,126 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $5,525 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,391 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $26,022 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,346 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73 |
| Total expenses | $28,441 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,687 |
| Other assets | $0 |
| Total assets | $38,093 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,093 |