GymJam Foundation (EIN 061786827) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Phone

6612513390

Tax Period

2023-08-01 to 2024-07-31

GymJam Foundation, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $357K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

The primary objectives and purposes of the foundation shall be to foster national and international amateur sports competition as well as conduct national or international competition and support and develop amateur athletes for competition. As such, the activities of the foundation includes fundraising to assist in paying costs for meet fees, judges fees, coaches fees, travel expenses, food costs, insurance, professional development, professional services; hosting gymnastics meets; providing athletes with sponsorship for national and international competition, and other expenditures and activities either directly or indirectly associated with the purpose of the foundation as outlined in the articles of incorporation

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $357,217

Investment Income $46

Other Revenue $0

TOTAL REVENUE $357,263

Expense Breakdown

Grants Paid $75,446

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $274,066

Other Expenses $278,936

TOTAL EXPENSES $354,382

Year-over-Year Comparison

	2023	2022	Change
Revenue	$357,263	$268,856	+0.3%
Expenses	$354,382	$278,470	+0.3%
Net Income	$2,881	$-9,614	-1.3%

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Manfred C Waller	President	10.00	Director	$0	$0	$0
Cynthia Waller	Sec & Treasurer	15.00	Director	$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
2024	$357,263	$354,382	$27,865	$2,881
2023	$268,856	$278,470	$24,984	$-9,614
2022	$320,901	$325,394	$34,597	$-4,493
2020	$354,240	$298,754	$99,150	$55,486
2019	$354,835	$371,288	$43,664	$-16,453

GymJam Foundation