Gold Medal Gymnastics Support Organization Inc
Gold Medal Gymnastics Support Organization Inc shows consistent revenue growth and strong financial stability with zero liabilities and no reported officer compensation.
EIN: 201720025 · Chandler, AZ · NTEE: N11 · Updated: 2026-03-28
Is Gold Medal Gymnastics Support Organization Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gold Medal Gymnastics Support Organization Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gold Medal Gymnastics Support Organization Inc
Gold Medal Gymnastics Support Organization Inc (EIN: 201720025) is a nonprofit organization based in Chandler, AZ, classified under NTEE code N11. The organization reported total revenue of $276K and total assets of $188K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gold Medal Gymnastics Support Organization Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gold Medal Gymnastics Support Organization Inc is a small nonprofit that has been operating for 21 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 33.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $86K |
| Surplus / Deficit | +$45K |
| Total Assets | $188K |
| Net Assets | $188K |
| Operating Margin | 34.2% |
| Months of Reserves | 26.2 months |
Financial Health Grade: A
In 2016, Gold Medal Gymnastics Support Organization Inc reported a surplus of $45K with revenue exceeding expenses, holds 26.2 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2016), Gold Medal Gymnastics Support Organization Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +43.3% | +7.4% | +31.2% |
| 2015 | +21.0% | +17.8% | +8.4% |
| 2014 | -23.1% | +110.1% | +5.9% |
| 2013 | +182.4% | -37.5% | +111.2% |
| 2012 | +11.7% | +213.7% | -22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gold Medal Gymnastics Support Organization Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Gold Medal Gymnastics Support Organization Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all six filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size and revenue ($276,031 latest revenue).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Gold Medal Gymnastics Support Organization Inc:
- Consistent revenue growth from $31,062 to $276,031.
- Zero liabilities reported across all filing periods, indicating strong financial health.
- No officer compensation reported, suggesting a volunteer-driven leadership and efficient use of funds.
- Healthy asset growth from $76,102 to $187,883.
- Positive net income in most years, demonstrating effective financial management.
Frequently Asked Questions about Gold Medal Gymnastics Support Organization Inc
Is Gold Medal Gymnastics Support Organization Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gold Medal Gymnastics Support Organization Inc (EIN: 201720025) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Gold Medal Gymnastics Support Organization Inc spend its money?
Gold Medal Gymnastics Support Organization Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gold Medal Gymnastics Support Organization Inc tax-deductible?
Gold Medal Gymnastics Support Organization Inc is registered as a tax-exempt nonprofit (EIN: 201720025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Gold Medal Gymnastics Support Organization Inc a good charity?
Based on the available IRS 990 data, Gold Medal Gymnastics Support Organization Inc appears to be a very good charity. It demonstrates consistent financial growth, strong asset management with zero liabilities, and a commitment to volunteer leadership with no reported officer compensation, suggesting a high proportion of funds are directed towards its mission.
How has the organization's revenue grown over time?
The organization has shown significant revenue growth, increasing from $31,062 in 2011 to $276,031 in its latest filing period, indicating expanding support and operations.
What is the organization's liability situation?
Gold Medal Gymnastics Support Organization Inc has reported $0 in liabilities across all six available filing periods, indicating exceptional financial stability and responsible fiscal management.
Filing History
IRS 990 filing history for Gold Medal Gymnastics Support Organization Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Gold Medal Gymnastics Support Organization Inc's revenue has grown by 320.3%, moving from $31K to $131K. Total assets increased by 146.9% over the same period, from $76K to $188K. Total functional expenses rose by 420.7%, from $16K to $86K. In its most recent filing year (2016), Gold Medal Gymnastics Support Organization Inc reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $131K | $86K | $188K | $0 | — | — |
| 2015 | $91K | $80K | $143K | $0 | — | View 990 |
| 2014 | $75K | $68K | $132K | $0 | — | View 990 |
| 2013 | $98K | $32K | $125K | $0 | — | View 990 |
| 2012 | $35K | $52K | $59K | $0 | — | View 990 |
| 2011 | $31K | $16K | $76K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $131K, expenses of $86K, and assets of $188K (revenue +43.3% year-over-year).
- 2015: Revenue of $91K, expenses of $80K, and assets of $143K (revenue +21.0% year-over-year).
- 2014: Revenue of $75K, expenses of $68K, and assets of $132K (revenue -23.1% year-over-year).
- 2013: Revenue of $98K, expenses of $32K, and assets of $125K (revenue +182.4% year-over-year).
- 2012: Revenue of $35K, expenses of $52K, and assets of $59K (revenue +11.7% year-over-year).
- 2011: Revenue of $31K, expenses of $16K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gold Medal Gymnastics Support Organization Inc:
Data Sources and Methodology
This transparency report for Gold Medal Gymnastics Support Organization Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.