SILVER LAKES GYMNASTICS A CALIFORNIA BENEFIT CORPORATION

EIN: 010946196 501(c)(3) Recreation & Sports

APPLE VALLEY, CA

Total Revenue
$327,595
Total Expenses
$177,851
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
BEATRICE SOUTH
Phone
7609850341
Tax Period
2025-01-01 to 2025-12-31

SILVER LAKES GYMNASTICS A CALIFORNIA BENEFIT CORPORATION, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $328K in total revenue in fiscal year 2025. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $150K, a strong 46% operating margin.

Mission

THIS NBSP;ORGANIZATION NBSP;PROVIDES NBSP;GYMNASTICS NBSP;CLASSES NBSP;IN NBSP;A NBSP;RURAL NBSP;AREA NBSP;OF NBSP;SOUTHERN NBSP;CALIFORNIA NBSP;KNOWN NBSP;AS NBSP;THE NBSP;HIGH NBSP;DESERT NBSP;IT NBSP;ENGAGE NBSP;STUDENTS NBSP;IN NBSP;PHYSICAL NBSP;ACTIVITY NBSP;TO NBSP;DEVELOP NBSP;THEIR NBSP;INTEREST NBSP;IN NBSP;THE NBSP;SPORT NBSP;OF NBSP;GYMNASTICS NBSP;SOME NBSP;OF NBSP;THE NBSP;STUDENTS NBSP;ATTENDING NBSP;GO NBSP;ON NBSP;TO NBSP;COMPETE NBSP;IN NBSP;A NBSP;LOCAL NBSP;REGIONAL NBSP;STATE NBSP;AND NBSP;NATIONAL NBSP;LEVEL NBSP;COMPETITIONS NBSP;SPONSORED NBSP;BY NBSP;THE NBSP;GYMNASTICS NBSP;NATIONAL NBSP;ORGANIZATION NBSP;THIS NBSP;ORGANIZATION NBSP;SPONSORS NBSP;STUDENTS NBSP;AT NBSP;VARIOUS NBSP;LEVELS NBSP;WHO NBSP;WOULD NBSP;NOT NBSP;BE NBSP;ABLE NBSP;TO NBSP;AFFORD NBSP;THE NBSP;INSTRUCTION NBSP;COSTS NBSP;AS NBSP;WELL NBSP;AS NBSP;THE NBSP;COMPETITION NBSP;COSTS

Program Service Accomplishments

Program 1
Expenses: $22,188

PAID THE GYMNASTICS COACHING MEET FEES TRAINING SHORTS AND COMPETITION LEOS FOR 16 KIDS

Program 2
Expenses: $12,442

HOSTED NOVEMBER GYMNASTICS MEETS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $327,595
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $327,595

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,000
Fundraising Expenses $0
Program Expenses $34,631
Other Expenses $165,851
TOTAL EXPENSES $177,851

Year-over-Year Comparison

2025 2024 Change
Revenue $327,595 $226,138 +0.4%
Expenses $177,851 $90,017 +1.0%
Net Income $149,744 $136,121 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$12,000
Total Directors
2
$12,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEATRICE SOUTH DIRECTOR 040.00
Officer Director
$12,000 $0 $12,000
RENEE GARCIA DIRECTOR 030.00
Officer Director
$0 $0 $0
ROBERT KLINE JR CFO N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $327,595 $177,851 No data $149,744
2024 $226,138 $90,017 No data $136,121
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