GRAND RAPIDS GYMNASTICS BOOSTERS CLUB INC

EIN: 383114562 501(c)(3) Recreation & Sports

GRAND RAPIDS, MI

Total Revenue
$779,945
Total Expenses
$768,441
Total Assets
$77,357
Net Assets
$72,410
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MI
Principal Officer
SUZANNA FREDRICKSON
Phone
6169752992
Tax Period
2024-06-01 to 2025-05-31

GRAND RAPIDS GYMNASTICS BOOSTERS CLUB INC, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $780K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE ENCOURAGEMENT, EXPANDED OPPORTUNITIES, AND FUNDS FOR COMPETITIVE GYMNASTICS EXPERIENCES AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVELS. THE BOOSTERS SUPPORT GYMNASTICS COMPETITION BY ORGANIZING AND HOSTING ONE OF THE PREMIER INVITATIONALS IN THE REGION AS WELL AS SUPPORTING GYMNASTS WHO COMPETE IN VARIOUS COMPETITIONS.

Program Service Accomplishments

Program 1
Expenses: $749,552 Revenue: $757,494

EXPENSES INCURRED TO SUPPORT COMPETITIVE GYMNASTICS EXPERIENCES AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVEL.

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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 $22,449
Program Service Revenue $750,113
Investment Income $2
Other Revenue $7,381
TOTAL REVENUE $779,945

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,225
Fundraising Expenses $0
Program Expenses $749,552
Other Expenses $758,216
TOTAL EXPENSES $768,441

Year-over-Year Comparison

2024 2023 Change
Revenue $779,945 $673,883 +0.2%
Expenses $768,441 $679,135 +0.1%
Net Income $11,504 $-5,252 -3.2%
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
8
Independent Members
4
Employees
N/A
Volunteers
425

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
6
$10,225
Total Directors
8
$10,225
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIFFANY RYAN SECRETARY 4.00
Officer Director
$952 $0 $952
SUZANNA FREDRICKSON TREASURER 15.00
Officer Director
$2,205 $0 $2,205
DALE PARKER CO-MEET DIRECTOR 5.00
Director
$0 $0 $0
NADIA RYDINGSWARD ASSISTANT TREASURER 15.00
Officer Director
$1,705 $0 $1,705
KATHLEEN WRIGHT PRESIDENT 15.00
Officer Director
$2,205 $0 $2,205
MICHELLE PARKER VICE PRESIDENT 6.00
Officer Director
$2,205 $0 $2,205
CHRIS WRIGHT CO-MEET DIRECTOR 5.00
Director
$0 $0 $0
DAWN PARKER BOYS TEAM REP 2.00
Officer Director
$953 $0 $953
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 $779,945 $768,441 $77,357 $11,504
2024 $673,883 $679,135 $62,720 $-5,252
2023 $574,521 $554,153 $75,324 $20,368
2022 $414,251 $414,672 $49,664 $-421
2021 $82,285 $88,672 $59,231 $-6,387
2020 $418,103 $417,227 $79,790 $876
2019 $401,497 $406,698 $63,046 $-5,201
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