Gymnastics Michiana Booster Club Inc
Gymnastics Michiana Booster Club consistently operates with modest surpluses and no reported officer compensation.
EIN: 10775040 · Mishawaka, IN · NTEE: N70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $128K |
| Program Spending | 90% |
| Net Assets | $26K |
| Transparency Score | 85/100 |
Is Gymnastics Michiana Booster Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gymnastics Michiana Booster Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gymnastics Michiana Booster Club Inc
Gymnastics Michiana Booster Club Inc (EIN: 10775040) is a nonprofit organization based in Mishawaka, IN, classified under NTEE code N70. The organization reported total revenue of $148K and total assets of $37K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gymnastics Michiana Booster Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gymnastics Michiana Booster Club Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $128K |
| Surplus / Deficit | +$26K |
| Total Assets | $30K |
| Total Liabilities | $4K |
| Net Assets | $26K |
| Operating Margin | 17.2% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2023, Gymnastics Michiana Booster Club Inc reported a surplus of $26K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), Gymnastics Michiana Booster Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | -10.8% | -15.5% |
| 2022 | +48.5% | +75.7% | +28.4% |
| 2020 | +4.4% | -17.1% | +208.9% |
| 2019 | -6.2% | -8.6% | -28.4% |
| 2018 | +0.9% | -10.6% | -34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Gymnastics Michiana Booster Club Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Gymnastics Michiana Booster Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of this size.
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.
Red Flags
The following concerns were identified during AI analysis of Gymnastics Michiana Booster Club Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Gymnastics Michiana Booster Club Inc:
- Consistent financial surpluses, such as $26,415 in 2023 ($154,005 revenue - $127,590 expenses).
- 0% reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Low liabilities relative to assets, demonstrating strong financial solvency (e.g., $4,254 liabilities vs. $30,018 assets in 2023).
- Consistent growth in assets over time, from $14,822 in 2012 to $37,480 currently.
- Regular and consistent IRS 990 filings, indicating good transparency practices.
Frequently Asked Questions about Gymnastics Michiana Booster Club Inc
Is Gymnastics Michiana Booster Club Inc a legitimate charity?
Gymnastics Michiana Booster Club Inc (EIN: 10775040) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $148K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Gymnastics Michiana Booster Club Inc spend its money?
Gymnastics Michiana Booster Club Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Gymnastics Michiana Booster Club Inc tax-deductible?
Gymnastics Michiana Booster Club Inc is registered as a tax-exempt nonprofit (EIN: 10775040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gymnastics Michiana Booster Club Inc's spending goes to programs?
Gymnastics Michiana Booster Club Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gymnastics Michiana Booster Club Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Gymnastics Michiana Booster Club Inc is above average for NTEE category N70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gymnastics Michiana Booster Club Inc located?
Gymnastics Michiana Booster Club Inc is headquartered in Mishawaka, Indiana and files with the IRS under EIN 10775040. It is classified under NTEE code N70.
How many years of IRS 990 filings does Gymnastics Michiana Booster Club Inc have?
Gymnastics Michiana Booster Club Inc has 10 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 $148K in total revenue.
Is Gymnastics Michiana Booster Club Inc a good charity?
Based on the available IRS 990 data, Gymnastics Michiana Booster Club Inc appears to be a well-managed and efficient charity. It consistently operates with surpluses, maintains low liabilities, and reports 0% officer compensation, suggesting a strong dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization has shown stable financial health over the past decade. Revenues have generally increased from $79,036 in 2012 to $154,005 in 2023, and assets have grown from $14,822 to $30,018 in the same period, indicating consistent growth and prudent financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is a significant positive indicator. This suggests that executive leadership is either unpaid or compensated through non-officer roles, maximizing funds available for programs.
Filing History
IRS 990 filing history for Gymnastics Michiana Booster Club Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Gymnastics Michiana Booster Club Inc's revenue has grown by 94.9%, moving from $79K to $154K. Total assets increased by 102.5% over the same period, from $15K to $30K. Total functional expenses rose by 51.7%, from $84K to $128K. In its most recent filing year (2023), Gymnastics Michiana Booster Club Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $4K in liabilities against $30K in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $128K | $30K | $4K | — | View 990 |
| 2022 | $147K | $143K | $36K | $0 | — | View 990 |
| 2020 | $99K | $81K | $28K | $0 | — | View 990 |
| 2019 | $95K | $98K | $9K | $4K | — | View 990 |
| 2018 | $101K | $108K | $13K | $4K | — | View 990 |
| 2017 | $100K | $120K | $19K | $4K | — | View 990 |
| 2015 | $146K | $137K | $34K | $4K | — | View 990 |
| 2014 | $99K | $104K | $25K | $4K | — | — |
| 2013 | $148K | $132K | $30K | $4K | — | View 990 |
| 2012 | $79K | $84K | $15K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $128K, and assets of $30K (revenue +5.0% year-over-year).
- 2022: Revenue of $147K, expenses of $143K, and assets of $36K (revenue +48.5% year-over-year).
- 2020: Revenue of $99K, expenses of $81K, and assets of $28K (revenue +4.4% year-over-year).
- 2019: Revenue of $95K, expenses of $98K, and assets of $9K (revenue -6.2% year-over-year).
- 2018: Revenue of $101K, expenses of $108K, and assets of $13K (revenue +0.9% year-over-year).
- 2017: Revenue of $100K, expenses of $120K, and assets of $19K (revenue -31.6% year-over-year).
- 2015: Revenue of $146K, expenses of $137K, and assets of $34K (revenue +48.1% year-over-year).
- 2014: Revenue of $99K, expenses of $104K, and assets of $25K (revenue -33.2% year-over-year).
- 2013: Revenue of $148K, expenses of $132K, and assets of $30K (revenue +87.1% year-over-year).
- 2012: Revenue of $79K, expenses of $84K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gymnastics Michiana Booster Club Inc:
Data Sources and Methodology
This transparency report for Gymnastics Michiana Booster Club 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.