MIDLAND GYMNASTICS BOOSTER CLUB INC

EIN: 382219997 501(c)(3) Recreation & Sports

MIDLAND, MI

Total Revenue
$7,126
Total Expenses
$89,709
Total Assets
$16,148
Net Assets
$16,148
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
MI
Principal Officer
TOSHIA ALBRIGHT
Phone
3097127720
Tax Period
2024-07-01 to 2025-06-30

MIDLAND GYMNASTICS BOOSTER CLUB INC, founded in 1977, is a micro nonprofit in the Recreation & Sports sector that reported $7K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $90K exceeded revenue, resulting in a 1159% operating deficit.

Mission

THE PURPOSE OF THE MIDLAND GYMNASTICS BOOSTER CLUB ("MGBC") IS TO PROMOTE AND FOSTER THE SPORT OF AMATEUR GYMNASTICS WITHIN THE MIDLAND, MICHIGAN AREA WITH A VIEW TO ENCOURAGING NATIONAL AND INTERNATIONAL COMPETITION IN THE SPORT. MGBC WILL SUPPORT AND PROMOTE EDUCATIONAL OPPORTUNITIES DESIGNED TO ENRICH THE GYMNASTICS EXPERIENCE THROUGH SUCH MEANS AS TRAINING CLINICS AND COMPETITIONS, AMONG OTHERS.

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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 $1,700
Program Service Revenue $0
Investment Income $97
Other Revenue $5,329
TOTAL REVENUE $7,126

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $88,442
Other Expenses $89,709
TOTAL EXPENSES $89,709

Year-over-Year Comparison

2024 2023 Change
Revenue $7,126 $96,280 -0.9%
Expenses $89,709 $16,097 +4.6%
Net Income $-82,583 $80,183 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOSHIA ALBRIGHT PRESIDENT 0.00
Officer Director
$0 $0 $0
AMY KIMBALL VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
KIMBERLY ROFFE TREASURER 0.00
Officer Director
$0 $0 $0
CARA CRAWFORD-BARTLE SECRETARY 0.00
Officer Director
$0 $0 $0
ROBIN WOLFORD DIRECTOR 0.00
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
2025 $7,126 $89,709 $16,148 $-82,583
2024 $96,280 $16,097 $98,731 $80,183
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