TN GYMNASTICS INC

EIN: 832494986 501(c)(3) Recreation & Sports

CLARKSVILLE, TN

Total Revenue
$279,314
Total Expenses
$257,612
Total Assets
$37,852
Net Assets
$-22,248
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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

Principal Officer
LARRY CORRIGAN
Phone
9319061663
Tax Period
2025-01-01 to 2025-12-31

TN GYMNASTICS INC is a small nonprofit in the Recreation & Sports sector that reported $279K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $258K left a modest 8% surplus.

Mission

TO PROMOTE GYMNASTICS AS A SPORT THROUGH ORGANIZED YOUTH COMPETITIONS, WHILE ALSO EDUCATING, TRAINING AND SUPPORTING COACHES, JUDGES, AND ATHLETES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $279,314
Investment Income $0
Other Revenue $0
TOTAL REVENUE $279,314

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $226,887
Other Expenses $257,612
TOTAL EXPENSES $257,612

Year-over-Year Comparison

2025 2024 Change
Revenue $279,314 $248,989 +0.1%
Expenses $257,612 $226,261 +0.1%
Net Income $21,702 $22,728 0.0%
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

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Governance

Voting Members
10
Independent Members
10
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY CORRIGAN PRESIDENT N/A
Officer Director
$0 $0 $0
CHELSEY HUFF SECRETARY N/A
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
2025 $279,314 $257,612 $37,852 $21,702
2024 No data No data No data No data
2023 $231,299 $247,191 $3,422 $-15,892
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