MINNETONKA HOPKINS GYMNASTICS ASSOCIATION

EIN: 411279764 501(c)(3)

PLYMOUTH, MN

Total Revenue
$4,018,782
Total Expenses
$3,605,019
Total Assets
$5,329,080
Net Assets
$1,021,363
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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
1976
Legal Domicile
MN
Principal Officer
DAVID UFHEIL
Phone
9529332452
Tax Period
2023-09-01 to 2024-08-31

MINNETONKA HOPKINS GYMNASTICS ASSOCIATION, founded in 1976, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $3.6M left a modest 10% surplus.

Mission

TO PROVIDE GYMNASTICS COACHING AND TRAINING TO CHILDREN AND STUDENTS INCLUDING SPECIAL OLYMPIANS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,872
Program Service Revenue $3,994,849
Investment Income $4,162
Other Revenue $11,899
TOTAL REVENUE $4,018,782

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,351,441
Fundraising Expenses $54
Program Expenses $2,921,098
Other Expenses $1,253,578
TOTAL EXPENSES $3,605,019

Year-over-Year Comparison

2023 2022 Change
Revenue $4,018,782 $3,637,862 +0.1%
Expenses $3,605,019 $3,206,948 +0.1%
Net Income $413,763 $430,914 0.0%
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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Governance

Voting Members
11
Independent Members
11
Employees
123
Volunteers
38

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
$154,453
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID UFHEIL BOARD PRESIDENT 0.50
Officer Director
$0 $0 $0
JEFF GRIFFING VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ANDREA LEET SECRETARY 0.50
Officer Director
$0 $0 $0
JENNIFER JACKSON TREASURER 0.50
Officer Director
$0 $0 $0
MARK KINNEY DIRECTOR 0.50
Officer Director
$0 $0 $0
PAUL MOON DIRECTOR 0.50
Director
$0 $0 $0
DINA BARSKY DIRECTOR 0.50
Director
$0 $0 $0
CHRISTOPHER EMERSON DIRECTOR 0.50
Director
$0 $0 $0
BRITTANY KENNEDY DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL LYNCH DIRECTOR 0.50
Director
$0 $0 $0
JAYME CLERMONT DIRECTOR 0.50
Director
$0 $0 $0
MICHAELA CHELBERG EXCUTIVE DIRECTOR 40.00
Officer
$115,197 $39,256 $154,453
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
2024 $4,018,782 $3,605,019 $5,329,080 $413,763
2023 $3,637,862 $3,206,948 $5,116,700 $430,914
2022 $3,206,062 $2,830,395 $4,924,708 $375,667
2021 $2,810,595 $2,481,359 $5,230,056 $329,236
2020 $2,365,941 $2,785,270 $5,014,568 $-419,329
2019 $2,868,835 $3,125,763 $5,318,895 $-256,928
2018 $2,624,400 $2,963,490 $5,711,291 $-339,090
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