Gym Parents Inc
EIN: 232696488 · Lancaster, PA · NTEE: N30
| Metric | Value |
|---|---|
| Total Revenue | $736K |
| Total Expenses | $628K |
| Net Assets | $185K |
Is Gym Parents Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gym Parents Inc
Gym Parents Inc (EIN: 232696488) is a nonprofit organization based in Lancaster, PA, classified under NTEE code N30. The organization reported total revenue of $736K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gym Parents Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gym Parents Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $597K |
| Total Expenses | $628K |
| Surplus / Deficit | $-30,524 |
| Total Assets | $185K |
| Net Assets | $185K |
| Operating Margin | -5.1% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2023, Gym Parents Inc reported a deficit of $31K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Gym Parents Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | -9.7% | -14.2% |
| 2022 | -2.0% | +41.8% | -33.6% |
| 2021 | +113.9% | +34.2% | +50.1% |
| 2020 | -49.2% | -34.1% | -28.4% |
| 2019 | +19.1% | +22.7% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gym Parents Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gym Parents Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
Frequently Asked Questions about Gym Parents Inc
Is Gym Parents Inc a legitimate charity?
Gym Parents Inc (EIN: 232696488) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $736K. No red flags identified. Financial health grade: B.
How does Gym Parents Inc spend its money?
Gym Parents Inc reported $736K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gym Parents Inc tax-deductible?
Gym Parents Inc is registered as a tax-exempt nonprofit (EIN: 232696488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gym Parents Inc located?
Gym Parents Inc is headquartered in Lancaster, Pennsylvania and files with the IRS under EIN 232696488. It is classified under NTEE code N30.
How many years of IRS 990 filings does Gym Parents Inc have?
Gym Parents Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $736K in total revenue.
Filing History
IRS 990 filing history for Gym Parents Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gym Parents Inc's revenue has grown by 81.7%, moving from $329K to $597K. Total assets increased by 22.5% over the same period, from $151K to $185K. Total functional expenses rose by 114.3%, from $293K to $628K. In its most recent filing year (2023), Gym Parents Inc reported a deficit of $31K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $597K | $628K | $185K | $0 | — | — |
| 2022 | $587K | $695K | $215K | $0 | — | View 990 |
| 2021 | $598K | $490K | $324K | $0 | — | View 990 |
| 2020 | $280K | $365K | $216K | $0 | — | — |
| 2019 | $551K | $554K | $301K | $0 | — | View 990 |
| 2018 | $462K | $452K | $305K | $0 | — | View 990 |
| 2017 | $468K | $416K | $294K | $0 | — | View 990 |
| 2016 | $472K | $456K | $242K | $0 | — | View 990 |
| 2015 | $425K | $374K | $226K | $0 | — | View 990 |
| 2014 | $402K | $371K | $175K | $0 | — | View 990 |
| 2013 | $344K | $350K | $144K | $0 | — | View 990 |
| 2012 | $333K | $333K | $151K | $0 | — | View 990 |
| 2011 | $329K | $293K | $151K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $597K, expenses of $628K, and assets of $185K (revenue +1.8% year-over-year).
- 2022: Revenue of $587K, expenses of $695K, and assets of $215K (revenue -2.0% year-over-year).
- 2021: Revenue of $598K, expenses of $490K, and assets of $324K (revenue +113.9% year-over-year).
- 2020: Revenue of $280K, expenses of $365K, and assets of $216K (revenue -49.2% year-over-year).
- 2019: Revenue of $551K, expenses of $554K, and assets of $301K (revenue +19.1% year-over-year).
- 2018: Revenue of $462K, expenses of $452K, and assets of $305K (revenue -1.2% year-over-year).
- 2017: Revenue of $468K, expenses of $416K, and assets of $294K (revenue -0.9% year-over-year).
- 2016: Revenue of $472K, expenses of $456K, and assets of $242K (revenue +11.2% year-over-year).
- 2015: Revenue of $425K, expenses of $374K, and assets of $226K (revenue +5.5% year-over-year).
- 2014: Revenue of $402K, expenses of $371K, and assets of $175K (revenue +17.0% year-over-year).
- 2013: Revenue of $344K, expenses of $350K, and assets of $144K (revenue +3.3% year-over-year).
- 2012: Revenue of $333K, expenses of $333K, and assets of $151K (revenue +1.4% year-over-year).
- 2011: Revenue of $329K, expenses of $293K, and assets of $151K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gym Parents Inc:
Data Sources and Methodology
This transparency report for Gym Parents 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.