THREE RIVERS GYMNASTICS

EIN: 450403496 501(c)(3) Recreation & Sports

WAHPETON, ND

Total Revenue
$403,836
Total Expenses
$304,212
Total Assets
$770,960
Net Assets
$765,105
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
ND
Phone
7016423620
Tax Period
2023-01-01 to 2023-12-31

THREE RIVERS GYMNASTICS, founded in 1987, is a small nonprofit in the Recreation & Sports sector that reported $404K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $100K, a strong 25% operating margin.

Mission

Empowering youth through fitness and gymnastics. This is achieved by building self-esteem while learning lessons for school and life. We use gymnastics, dance, fitness, play, and more to accomplish our goals.

Program Service Accomplishments

Program 1
Expenses: $297,729

We provide strength, flexibility, fitness and gymnastic skill classes to ages from 15 months to adult. We provide a variety of classes that vary from one day per week to team levels who practice up...

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We provide strength, flexibility, fitness and gymnastic skill classes to ages from 15 months to adult. We provide a variety of classes that vary from one day per week to team levels who practice up to 12 per week. Classes run 12 months per year. The objective of the recreational classes are to promote fitness and learning in a fun and safe atmosphere and to build the self-esteem of all that enter our program. The objective of our team program is to prepare youth to compete against others in the USA gymnastics program as well as the High School program while building youth up into well rounded individuals who can handle pressure gracefully. We also operate a licensed childcare program consisting of our Nursery School, After School & Summer Childcare. Our Nursery School is offered up to 5 days/week for approximately 3 hours/day. These children are ages 2 1/2 to 5 years old & learn alphabet, numbers, colors, shapes and more. We have planned activities that focus on both academics & learning through play stories, games, crafts, letter sheets, music & more. We also learn about nutrition & fitness. In each class they have a snack, gymnastics or fitness time & the rest is academic learning & learning through play. We focus on having fun & preparing for Kind. Our After School is offered up to 5 days/week for approximately 3 hours/day. These children are pre-school - 5th grade. We provide a caring environment where children receive homework help, reading time, art activities, snack and open gym time. They also have the option of taking a gymnastics, dance, or fitness class. Summer childcare is held during the summer school break approx. June - Aug. It runs up to 5 days/week and up to 10 hours/day.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,556
Program Service Revenue $209,749
Investment Income $217
Other Revenue $192,314
TOTAL REVENUE $403,836

Expense Breakdown

Grants Paid $0
Salaries & Benefits $211,649
Fundraising Expenses $0
Program Expenses $297,729
Other Expenses $92,563
TOTAL EXPENSES $304,212

Year-over-Year Comparison

2023 2022 Change
Revenue $403,836 $490,157 -0.2%
Expenses $304,212 $301,868 +0.0%
Net Income $99,624 $188,289 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
N/A
Employees
34
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
0
$0
Total Directors
5
$24,178
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shea Carlson Director 25.00
Director
$24,178 $0 $24,178
Clint Gilbertson President 1.00
Director
$0 $0 $0
Erica Chisholm Vice President 1.00
Director
$0 $0 $0
Korey Skovholt Treasurer 1.00
Director
$0 $0 $0
Grace Brandt Secretary 1.00
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 $403,836 $304,212 $770,960 $99,624
2022 $490,157 $301,868 $684,156 $188,289
2021 $396,628 $267,314 $562,982 $129,314
2020 $384,895 $240,441 $450,901 $144,454
2019 $239,643 $191,811 $316,862 $47,832
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