ALPENA GYMNASTICS INC

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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

2006

Legal Domicile

Principal Officer

ELIZABETH STOREY

Phone

9895952782

Tax Period

2023-07-01 to 2024-06-30

ALPENA GYMNASTICS INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $257K in total revenue in fiscal year 2023.

Mission

TO PROMOTE YOUTH ATHLETIC ACHIEVEMENT AND INSTRUCTION IN TUMBLING, CHEERING AND GYMNASTICS.

Program Service Accomplishments

Program 1

Expenses: $271,633

TO PROMOTE YOUTH ATHLETIC ACHIEVEMENT AND INSTRUCTION IN TUMBLING,CHEERING AND GYMNASTICS.

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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 $252,076

Program Service Revenue $0

Investment Income $44

Other Revenue $4,978

TOTAL REVENUE $257,098

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,607

Fundraising Expenses $0

Program Expenses $276,864

Other Expenses $146,257

TOTAL EXPENSES $276,864

Year-over-Year Comparison

	2023	2022	Change
Revenue	$257,098	$246,387	+0.0%
Expenses	$276,864	$257,105	+0.1%
Net Income	$-19,766	$-10,718	+0.8%

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

N/A

Employees

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

$102,256

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH STOREY	PRESIDENT	20.00	Officer	$58,830	$0	$58,830
LEAH STAFFORD	VICE PRESIDE	16.00	Officer	$38,503	$0	$38,503
KIM WATKINS	TREASURER	4.00	Officer	$4,923	$0	$4,923
KURT GOLDER	DIRECTOR	N/A	Director	$0	$0	$0
DAVID GUZMAN	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER MCNAMARA	DIRECTOR	N/A	Director	$0	$0	$0
JESSICA DIETLIN	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	$257,098	$276,864	$82,897	$-19,766
2023	$246,387	$257,105	$99,653	$-10,718
2022	$217,944	$191,648	$105,727	$26,296