BISMARCK GYMNASTICS ACADEMY INC (EIN 450354555) - Form 990 Financial Analysis & Trantor Score

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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

1979

Legal Domicile

Principal Officer

GINA SONDELAND

Phone

7012203869

Tax Period

2023-06-01 to 2024-05-31

BISMARCK GYMNASTICS ACADEMY INC, founded in 1979, is a small nonprofit that reported $667K in total revenue in fiscal year 2023.

Mission

TO PROVIDE A PROGESSION GYMNASTICS TRAINING PROGRAM WHICH ENHANCES THE STRENGTH, AGILITY, FLEXIBILITY, BALANCE, COORDINATION, AND SELF ESTEEM OF THE PARTICIPANTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,237

Program Service Revenue $486,502

Investment Income $6,968

Other Revenue $144,918

TOTAL REVENUE $666,625

Expense Breakdown

Grants Paid $0

Salaries & Benefits $496,859

Fundraising Expenses $0

Program Expenses $434,180

Other Expenses $163,726

TOTAL EXPENSES $660,585

Year-over-Year Comparison

	2023	2022	Change
Revenue	$666,625	$689,535	0.0%
Expenses	$660,585	$569,175	+0.2%
Net Income	$6,040	$120,360	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JADE DESMIDT	PRESIDENT	1.50	Director	$0	$0	$0
TRISHA DIETZ	SECRETARY	1.50	Officer Director	$0	$0	$0
GERMAIN KRUGER	DIRECTOR	1.50	Director	$0	$0	$0
GINA SONDELAND	TREASURER	1.50	Officer Director	$0	$0	$0
DAVE SPICKLER	VICE-PRESIDE	1.50	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
2024	$666,625	$660,585	$708,390	$6,040
2023	$689,535	$569,175	$718,032	$120,360
2022	$528,073	$445,330	$583,732	$82,743
2021	$454,243	$375,171	$501,573	$79,072
2020	$421,872	$387,266	$427,196	$34,606
2019	$477,799	$417,227	$385,397	$60,572
2018	$387,316	$396,412	$325,928	$-9,096

BISMARCK GYMNASTICS ACADEMY INC