World Class Gymnastics Parents Ass… - Form 990 Financial Data

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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

2007

Legal Domicile

Principal Officer

Melissa Kelly

Phone

7578819920

Tax Period

2023-07-01 to 2024-06-30

World Class Gymnastics Parents Association, founded in 2007, is a small nonprofit in the Recreation & Sports sector that reported $368K in total revenue in fiscal year 2023.

Mission

The Associations purpose is to provide support to amateur athletic competitive programs at World Class Gymnastics, which competes under the governance of

Program Service Accomplishments

Program 1

Expenses: $391,452 Revenue: $330,442

Aid amateur athletic competition- gymnastic meet entry fees, coaches renumeration, gymnast and coaches travel, membership fees, USAG membership, team spirit awards.

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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 $110

Program Service Revenue $8,012

Investment Income $0

Other Revenue $359,510

TOTAL REVENUE $367,632

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $391,452

Other Expenses $395,033

TOTAL EXPENSES $395,033

Year-over-Year Comparison

	2023	2022	Change
Revenue	$367,632	$341,584	+0.1%
Expenses	$395,033	$446,389	-0.1%
Net Income	$-27,401	$-104,805	-0.7%

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

Employees

N/A

Volunteers

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
Erin Knapp	President	8.00	Officer	$0	$0	$0
Kelly Curram	1st Vice President	10.00	Officer	$0	$0	$0
Lindsay Torry	2nd VP	8.00	Officer	$0	$0	$0
Melissa Kelly	Treasurer	12.00	Officer	$0	$0	$0
Gigi Rodriguez	Secretary	4.00	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	No data	No data	No data	No data
2024	$367,632	$395,033	$491,739	$-27,401
2023	$341,584	$446,389	$519,140	$-104,805
2022	$532,439	$332,206	$623,945	$200,233
2021	$611,462	$225,093	$423,712	$386,369
2020	$92,293	$125,199	$37,343	$-32,906
2019	$237,627	$225,528	$70,249	$12,099

World Class Gymnastics Parents Association