FARIBAULT GYMNASTICS ASSOCIATION INC

EIN: 363481744 501(c)(3) Recreation & Sports

Faribault, MN

Total Revenue
$177,016
Total Expenses
$166,086
Total Assets
$407,125
Net Assets
$218,462
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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
1985
Legal Domicile
MN
Phone
5073342588
Tax Period
2025-01-01 to 2025-12-31

FARIBAULT GYMNASTICS ASSOCIATION INC, founded in 1985, is a small nonprofit in the Recreation & Sports sector that reported $177K in total revenue in fiscal year 2025. Expenses of $166K left a modest 6% surplus.

Mission

Provide an affordable gymnastics experience for all ages and skill levels

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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 $0
Program Service Revenue $157,084
Investment Income $0
Other Revenue $19,932
TOTAL REVENUE $177,016

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,174
Fundraising Expenses $0
Program Expenses $150,127
Other Expenses $92,912
TOTAL EXPENSES $166,086

Year-over-Year Comparison

2025 2024 Change
Revenue $177,016 $180,824 0.0%
Expenses $166,086 $155,647 +0.1%
Net Income $10,930 $25,177 -0.6%
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
5
Independent Members
4
Employees
7
Volunteers
30

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
4
$0
Total Directors
5
$26,600
Key Employees
1
$26,600
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christon Craig Executive Director 32.00
Director Key Emp
$26,600 $0 $26,600
Jack Paulson President 2
Officer Director
$0 $0 $0
Natasha Thurmes Vice President 2
Officer Director
$0 $0 $0
Brianna Otey Secretary 2
Officer Director
$0 $0 $0
David Harinen Treasurer 2
Officer 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 $177,016 $166,086 $407,125 $10,930
2024 No data No data No data No data
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