NATIONAL ASSOCIATION OF INTERCOLLEGIATE GYMNASTICS CLUBS

EIN: 205321799 501(c)(3) Recreation & Sports

RALEIGH, NC

Total Revenue
$745,761
Total Expenses
$564,849
Total Assets
$475,369
Net Assets
$438,393
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NC
Principal Officer
KYLE SANDBERG
Phone
4013017553
Tax Period
2024-07-01 to 2025-06-30

NATIONAL ASSOCIATION OF INTERCOLLEGIATE GYMNASTICS CLUBS, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $746K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $181K, a strong 24% operating margin.

Mission

TO PROVIDE COLLEGIATE AND ADULT GYMNASTICS OPPORTUNITIES THROUGH COMPETITION, COMMUNITY BUILDING, AND PUSHING THE BOUNDARIES OF THE SPORT.

Program Service Accomplishments

Program 1
Expenses: $435,918 Revenue: $629,471

HOSTED AND SANCTIONED GYMNASTICS COMPETITIONS AND CAMPS

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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 (2024)

Revenue Breakdown

Contributions & Grants $98,564
Program Service Revenue $621,471
Investment Income $10,145
Other Revenue $15,581
TOTAL REVENUE $745,761

Expense Breakdown

Grants Paid $9,451
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $435,918
Other Expenses $555,398
TOTAL EXPENSES $564,849

Year-over-Year Comparison

2024 2023 Change
Revenue $745,761 $600,346 +0.2%
Expenses $564,849 $504,192 +0.1%
Net Income $180,912 $96,154 +0.9%
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

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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
10
Independent Members
9
Employees
N/A
Volunteers
75

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
5
$9,355
Total Directors
11
$9,505
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ILANA SHUSHANSKY EXECUTIVE DIRECTOR 10
Officer Director
$9,355 $0 $9,355
TIM MICHAELS BOARD MEMBER 5
Director
$150 $0 $150
KYLE SANDBERG PRESIDENT 5
Officer Director
$0 $0 $0
ANNA STRAUSS VICE PRESIDENT 5
Officer Director
$0 $0 $0
GRACE HANSEN TREASURER 10
Officer Director
$0 $0 $0
ASHLEY ROSS SECRETARY 10
Officer Director
$0 $0 $0
ANDREW HUTCHESON BOARD MEMBER 5
Director
$0 $0 $0
CHRIS NAGY BOARD MEMBER 5
Director
$0 $0 $0
CHRISTINE BOONE BOARD MEMBER 5
Director
$0 $0 $0
DIAN NISSEN BOARD MEMBER 5
Director
$0 $0 $0
HEATHER SHAPPELL BOARD MEMBER 5
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
2025 $745,761 $564,849 $475,369 $180,912
2024 $600,346 $504,192 $266,508 $96,154
2023 $387,508 $385,995 $171,783 $1,513
2022 $270,105 $304,470 $113,760 $-34,365
2021 $8,117 $13,459 $137,719 $-5,342
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