HIGH POINT GYMNASTICS ACADEMY PARENTS ASSOCIATION (EIN 581807202) - 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

Legal Domicile

Principal Officer

ERIN TRAVERS

Phone

3368693589

Tax Period

2023-08-01 to 2024-07-31

HIGH POINT GYMNASTICS ACADEMY PARENTS ASSOCIATION is a small nonprofit that reported $243K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 20% operating margin.

Mission

THE ASSOCIATION ENABLES THE HIGH POINT GYMNASTICS ACADEMY (HPGA) COMPETITIVE TEAM TO HOST AN INVITATIONAL MEET FOR YOUTH ACROSS THE STATE OF NC TO COMPETE. THE ASSOCIATION HELPS DEFRAY THE COST OF TRAINING FOR THE GYMNASTS AND THEIR COACHES. TRAINING INCLUDES GYMNASTIC TECHNIQUES AND SAFETY SKILLS NECESSARY FOR HIGH LEVEL COMPETITION. THE ASSOCIATION'S SUPPORT ALLOWS COMPULSORY AND OPTIONAL LEVEL GYNMASTS TO COMPETE IN LOCAL, REGIONAL, STATE AND NATIONAL EVENTS.

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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 $242,620

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $242,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $176,249

Other Expenses $194,222

TOTAL EXPENSES $194,222

Year-over-Year Comparison

	2023	2022	Change
Revenue	$242,620	$169,337	+0.4%
Expenses	$194,222	$171,371	+0.1%
Net Income	$48,398	$-2,034	-24.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN TRAVERS	TREASURER	N/A	Director	$0	$0	$0
ROBERT TRAVERS	PRESIDENT	N/A	Officer	$0	$0	$0
TAYLOR TRAVERS	SECRETARY	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$242,620	$194,222	$63,863	$48,398

HIGH POINT GYMNASTICS ACADEMY PARENTS ASSOCIATION