BALANCE 180 GYMNASTICS AND SPORTS ACADEMY INC (EIN 454642781) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

CARSTEN SCHMALFUSS

Phone

3523392759

Tax Period

2024-01-01 to 2024-12-31

BALANCE 180 GYMNASTICS AND SPORTS ACADEMY INC, founded in 2012, is a community nonprofit in the Recreation & Sports sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

Balance 180s mission is to develop a new model for recreational and competitive sports within our community that serves children and young people with varying abilities and needs.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $83,551

Program Service Revenue $1,330,485

Investment Income $0

Other Revenue $4,289

TOTAL REVENUE $1,418,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $812,383

Fundraising Expenses $0

Program Expenses $1,061,249

Other Expenses $731,178

TOTAL EXPENSES $1,543,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,418,325	$1,230,328	+0.2%
Expenses	$1,543,561	$1,179,488	+0.3%
Net Income	$-125,236	$50,840	-3.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

101

Volunteers

250

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
CARSTEN SCHMALFUSS	PRESIDENT	7.00	Officer Director	$0	$0	$0
EDWARD BUCKLEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTA VANDENBORNE	TREASURER	7.00	Officer Director	$0	$0	$0
STACEY GLEIM	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF JOHNSON	MEMBER	1.00	Director	$0	$0	$0
ALLISON GROW	MEMBER	1.00	Director	$0	$0	$0
SUSAN STINSON	MEMBER	1.00	Director	$0	$0	$0
STACEY CURTIS	MEMBER	1.00	Director	$0	$0	$0
SOBHA JAISHANKAR	MEMBER	2.00	Director	$0	$0	$0
MELANIE YONGE	MEMBER	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	$1,418,325	$1,543,561	$2,860,767	$-125,236
2023	$1,230,328	$1,179,488	$2,935,998	$50,840
2022	$1,172,622	$806,133	$2,529,152	$366,489
2021	$946,036	$668,883	$869,769	$277,153
2020	$398,092	$538,665	$651,127	$-140,573
2019	$662,976	$484,708	$727,102	$178,268

BALANCE 180 GYMNASTICS AND SPORTS ACADEMY INC