Twisters Gymnastics
Twisters Gymnastics operates with no executive compensation and modest assets, consistently covering expenses.
EIN: 205597519 · Port Hadlock, WA · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $166K |
| Program Spending | 90% |
| Net Assets | $14K |
| Transparency Score | 85/100 |
Is Twisters Gymnastics Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Twisters Gymnastics directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Twisters Gymnastics
Twisters Gymnastics (EIN: 205597519) is a nonprofit organization based in Port Hadlock, WA, classified under NTEE code N60. The organization reported total revenue of $176K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twisters Gymnastics's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Twisters Gymnastics is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $176K |
| Total Expenses | $166K |
| Surplus / Deficit | +$10K |
| Total Assets | $18K |
| Total Liabilities | $4K |
| Net Assets | $14K |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 21.4% |
| Months of Reserves | 1.3 months |
Financial Health Grade: A
In 2022, Twisters Gymnastics reported a surplus of $10K with revenue exceeding expenses, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 21.4% (moderate leverage).
Financial Trends
Over 10 years of filings (2013–2022), Twisters Gymnastics's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +98.6% | +48.8% | +33.6% |
| 2021 | +10.8% | +33.4% | -57.6% |
| 2020 | -54.6% | -51.0% | -15.0% |
| 2019 | +1.3% | +3.0% | +18.1% |
| 2018 | -1.8% | -11.8% | +23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Twisters Gymnastics 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, Twisters Gymnastics 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all ten years of filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational model.
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 Twisters Gymnastics's IRS 990 filings:
- Limited financial reserves relative to annual expenses (Assets $17,839 vs. Expenses $165,532 in 2022)
- Revenue volatility, particularly the dip in 2020-2021, could pose challenges for consistent program delivery.
Strengths
The following positive indicators were identified for Twisters Gymnastics:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Long and consistent IRS 990 filing history (10 filings), demonstrating transparency and compliance.
- Generally operates with revenues covering expenses, showing financial sustainability.
- Low liabilities ($3,816 in 2022) relative to assets and revenue.
Frequently Asked Questions about Twisters Gymnastics
Is Twisters Gymnastics a legitimate charity?
Twisters Gymnastics (EIN: 205597519) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $176K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Twisters Gymnastics spend its money?
Twisters Gymnastics directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Twisters Gymnastics tax-deductible?
Twisters Gymnastics is registered as a tax-exempt nonprofit (EIN: 205597519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Twisters Gymnastics's spending goes to programs?
Twisters Gymnastics directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Twisters Gymnastics compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Twisters Gymnastics is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Twisters Gymnastics located?
Twisters Gymnastics is headquartered in Port Hadlock, Washington and files with the IRS under EIN 205597519. It is classified under NTEE code N60.
How many years of IRS 990 filings does Twisters Gymnastics have?
Twisters Gymnastics 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 $176K in total revenue.
How does Twisters Gymnastics manage to operate without any officer compensation?
The consistent 0% officer compensation suggests that the organization is either entirely volunteer-run at the leadership level or that key personnel are compensated through other means not classified as officer compensation, or that the roles are filled by individuals who do not draw a salary from the nonprofit. This is a significant factor in its operational efficiency.
What is the long-term trend in Twisters Gymnastics' financial stability?
Over the past decade, Twisters Gymnastics has generally maintained revenues that cover expenses, with some fluctuations. For example, in 2022, revenue ($175,528) exceeded expenses ($165,532), while in 2021, expenses ($111,208) exceeded revenue ($88,375). The organization's assets remain modest, indicating it operates with limited financial reserves.
Are the assets sufficient for the organization's operations?
With current assets of $17,839 against annual expenses of $165,532 (2022), the organization has less than two months of operating expenses in reserve. While not necessarily a red flag for all nonprofits, it indicates a lean financial position that could be vulnerable to unexpected costs or revenue shortfalls.
Filing History
IRS 990 filing history for Twisters Gymnastics showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Twisters Gymnastics's revenue has grown by 76.8%, moving from $99K to $176K. Total assets decreased by 0.9% over the same period, from $18K to $18K. Total functional expenses rose by 59.7%, from $104K to $166K. In its most recent filing year (2022), Twisters Gymnastics reported a surplus of $10K, with revenue exceeding expenses. The organization holds $4K in liabilities against $18K in assets (debt-to-asset ratio: 21.4%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $176K | $166K | $18K | $4K | — | View 990 |
| 2021 | $88K | $111K | $13K | $9K | — | View 990 |
| 2020 | $80K | $83K | $32K | $5K | — | View 990 |
| 2019 | $176K | $170K | $37K | $7K | — | View 990 |
| 2018 | $173K | $165K | $31K | $6K | — | View 990 |
| 2017 | $177K | $187K | $25K | $9K | — | View 990 |
| 2016 | $186K | $197K | $37K | $10K | — | View 990 |
| 2015 | $197K | $184K | $42K | $3K | — | View 990 |
| 2014 | $177K | $170K | $28K | $3K | — | View 990 |
| 2013 | $99K | $104K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $176K, expenses of $166K, and assets of $18K (revenue +98.6% year-over-year).
- 2021: Revenue of $88K, expenses of $111K, and assets of $13K (revenue +10.8% year-over-year).
- 2020: Revenue of $80K, expenses of $83K, and assets of $32K (revenue -54.6% year-over-year).
- 2019: Revenue of $176K, expenses of $170K, and assets of $37K (revenue +1.3% year-over-year).
- 2018: Revenue of $173K, expenses of $165K, and assets of $31K (revenue -1.8% year-over-year).
- 2017: Revenue of $177K, expenses of $187K, and assets of $25K (revenue -5.0% year-over-year).
- 2016: Revenue of $186K, expenses of $197K, and assets of $37K (revenue -5.8% year-over-year).
- 2015: Revenue of $197K, expenses of $184K, and assets of $42K (revenue +11.5% year-over-year).
- 2014: Revenue of $177K, expenses of $170K, and assets of $28K (revenue +78.2% year-over-year).
- 2013: Revenue of $99K, expenses of $104K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Twisters Gymnastics:
Data Sources and Methodology
This transparency report for Twisters Gymnastics 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.