MINNESOTA FLYERS GYMNASTICS INC

EIN: 411825524 501(c)(3) Recreation & Sports

DETROIT LAKES, MN

Total Revenue
$884,335
Total Expenses
$538,229
Total Assets
$789,863
Net Assets
$778,067
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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
2000
Legal Domicile
MN
Principal Officer
RON SPRAFKA
Phone
2188473637
Tax Period
2023-01-01 to 2023-12-31

MINNESOTA FLYERS GYMNASTICS INC, founded in 2000, is a small nonprofit in the Recreation & Sports sector that reported $884K in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $346K, a strong 39% operating margin.

Mission

PROMOTE AMATEUR YOUTH GYMNASTICS AND FITNESS.

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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 $381,384
Program Service Revenue $348,484
Investment Income $1,728
Other Revenue $152,739
TOTAL REVENUE $884,335

Expense Breakdown

Grants Paid $0
Salaries & Benefits $387,067
Fundraising Expenses $29,214
Program Expenses $453,974
Other Expenses $151,162
TOTAL EXPENSES $538,229

Year-over-Year Comparison

2023 2022 Change
Revenue $884,335 $537,383 +0.6%
Expenses $538,229 $602,769 -0.1%
Net Income $346,106 $-65,386 -6.3%
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
15
Independent Members
15
Employees
46
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
5
$29,216
Total Directors
15
$29,216
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON SPRAFKA VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JEN SMITH DIRECTOR 2.00
Officer Director
$0 $0 $0
CASSIE WELTER SECRETARY 2.00
Officer Director
$0 $0 $0
KELSEY MCCOMBS TREASURER 2.00
Officer Director
$0 $0 $0
JEN HELLEKSON DIRECTOR 2.00
Director
$0 $0 $0
COURTNEY MCNAMEE PRESIDENT 2.00
Director
$0 $0 $0
BRITTNEY GRUNDYSON DIRECTOR 2.00
Director
$0 $0 $0
JACK GOODRICH DIRECTOR 2.00
Director
$0 $0 $0
KELSEY MCBROOM DIRECTOR 2.00
Director
$0 $0 $0
SUSAN BUSKER DIRECTOR 2.00
Director
$0 $0 $0
GARRETT PENTON DIRECTOR 2.00
Director
$0 $0 $0
WHITNEY GRABOW DIRECTOR 2.00
Director
$0 $0 $0
SHANNON FUNK GAMING MANAGER 2.00
Officer Director
$29,216 $0 $29,216
ANNELISE NELSON DIRECTOR 2.00
Director
$0 $0 $0
KASEY BLACK DIRECTOR 2.00
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
2024 No data No data No data No data
2023 $884,335 $538,229 $789,863 $346,106
2022 $537,383 $602,769 $434,184 $-65,386
2021 $659,769 $473,518 $511,746 $186,251
2020 $390,366 $380,767 $328,998 $9,599
2019 $399,936 $423,014 $311,956 $-23,078
2018 $459,247 $398,237 $328,367 $61,010
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