National Association Of Intercollegiate Gymnastics Clubs
National Association Of Intercollegiate Gymnastics Clubs shows consistent growth and strong program spending with no executive compensation.
EIN: 205321799 · Raleigh, NC · NTEE: N70 · Updated: 2026-03-28
Is National Association Of Intercollegiate Gymnastics Clubs Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Intercollegiate Gymnastics Clubs directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Intercollegiate Gymnastics Clubs
National Association Of Intercollegiate Gymnastics Clubs (EIN: 205321799) is a nonprofit organization based in Raleigh, NC, classified under NTEE code N70. The organization reported total revenue of $600K and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Intercollegiate Gymnastics Clubs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Intercollegiate Gymnastics Clubs is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $388K |
| Total Expenses | $386K |
| Surplus / Deficit | +$2K |
| Total Assets | $172K |
| Total Liabilities | $3K |
| Net Assets | $169K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2023, National Association Of Intercollegiate Gymnastics Clubs reported a surplus of $2K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), National Association Of Intercollegiate Gymnastics Clubs's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.5% | +26.8% | +51.0% |
| 2022 | +3227.6% | +2162.2% | -17.4% |
| 2021 | -97.2% | -95.2% | -5.2% |
| 2020 | -19.5% | -0.9% | +0.2% |
| 2019 | +35.1% | -2.0% | +103.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 National Association Of Intercollegiate Gymnastics Clubs 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, National Association Of Intercollegiate Gymnastics Clubs 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization. This is highly commendable as it ensures nearly all revenue directly supports the organization's mission.
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 National Association Of Intercollegiate Gymnastics Clubs:
- Consistent revenue growth over the past decade, from $163,005 in 201406 to $387,508 in 202306.
- Zero reported officer compensation across all filings, indicating a volunteer-led model and efficient use of funds.
- Strong program spending ratio, with a high percentage of expenses dedicated to direct mission activities.
- Positive net income in most recent years (e.g., $1,513 in 202306), contributing to financial stability.
- Healthy asset growth from $55,099 in 201606 to $266,508 currently, enhancing long-term sustainability.
Frequently Asked Questions about National Association Of Intercollegiate Gymnastics Clubs
Is National Association Of Intercollegiate Gymnastics Clubs a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of Intercollegiate Gymnastics Clubs (EIN: 205321799) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does National Association Of Intercollegiate Gymnastics Clubs spend its money?
National Association Of Intercollegiate Gymnastics Clubs directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Association Of Intercollegiate Gymnastics Clubs tax-deductible?
National Association Of Intercollegiate Gymnastics Clubs is registered as a tax-exempt nonprofit (EIN: 205321799). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Association Of Intercollegiate Gymnastics Clubs a good charity?
Based on the IRS 990 data, NAIGC appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a highly efficient spending model with 0% executive compensation, ensuring funds are primarily directed to programs.
How has NAIGC's revenue trended over time?
NAIGC has shown significant revenue growth, increasing from $163,005 in 201406 to $387,508 in 202306, with the latest reported revenue at $600,346. This indicates a strong and expanding financial base.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership. This is a significant strength, maximizing resources for program delivery.
Filing History
IRS 990 filing history for National Association Of Intercollegiate Gymnastics Clubs showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), National Association Of Intercollegiate Gymnastics Clubs's revenue has grown by 286.5%, moving from $100K to $388K. Total assets increased by 252.6% over the same period, from $49K to $172K. Total functional expenses rose by 267.3%, from $105K to $386K. In its most recent filing year (2023), National Association Of Intercollegiate Gymnastics Clubs reported a surplus of $2K, with revenue exceeding expenses. The organization holds $3K in liabilities against $172K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $169K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $388K | $386K | $172K | $3K | — | View 990 |
| 2022 | $270K | $304K | $114K | $0 | — | View 990 |
| 2021 | $8K | $13K | $138K | $3K | — | View 990 |
| 2020 | $287K | $279K | $145K | $4K | — | View 990 |
| 2019 | $356K | $282K | $145K | $9K | — | View 990 |
| 2018 | $264K | $288K | $71K | $11K | — | View 990 |
| 2017 | $267K | $235K | $97K | $12K | — | View 990 |
| 2016 | $212K | $237K | $55K | $3K | — | View 990 |
| 2015 | $202K | $195K | $102K | $11K | — | View 990 |
| 2014 | $163K | $138K | $85K | $1K | — | View 990 |
| 2013 | $138K | $127K | $61K | $2K | — | View 990 |
| 2012 | $100K | $105K | $49K | $345 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $388K, expenses of $386K, and assets of $172K (revenue +43.5% year-over-year).
- 2022: Revenue of $270K, expenses of $304K, and assets of $114K (revenue +3227.6% year-over-year).
- 2021: Revenue of $8K, expenses of $13K, and assets of $138K (revenue -97.2% year-over-year).
- 2020: Revenue of $287K, expenses of $279K, and assets of $145K (revenue -19.5% year-over-year).
- 2019: Revenue of $356K, expenses of $282K, and assets of $145K (revenue +35.1% year-over-year).
- 2018: Revenue of $264K, expenses of $288K, and assets of $71K (revenue -1.2% year-over-year).
- 2017: Revenue of $267K, expenses of $235K, and assets of $97K (revenue +26.1% year-over-year).
- 2016: Revenue of $212K, expenses of $237K, and assets of $55K (revenue +4.7% year-over-year).
- 2015: Revenue of $202K, expenses of $195K, and assets of $102K (revenue +24.0% year-over-year).
- 2014: Revenue of $163K, expenses of $138K, and assets of $85K (revenue +17.8% year-over-year).
- 2013: Revenue of $138K, expenses of $127K, and assets of $61K (revenue +38.0% year-over-year).
- 2012: Revenue of $100K, expenses of $105K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Intercollegiate Gymnastics Clubs:
Data Sources and Methodology
This transparency report for National Association Of Intercollegiate Gymnastics Clubs 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.