EMERALD CITY ACADEMY OF RHYTHMIC AND AESTHETIC GROUP GIMNASTICS

EIN: 843109460 501(c)(3) Youth Development

SAN DIEGO, CA

Total Revenue
$305,172
Total Expenses
$338,419
Total Assets
$1,549
Net Assets
$-33,247
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
ELENA BALTOVICK
Phone
2392871460
Tax Period
2022-01-01 to 2022-12-31

EMERALD CITY ACADEMY OF RHYTHMIC AND AESTHETIC GROUP GIMNASTICS, founded in 2019, is a small nonprofit in the Youth Development sector that reported $305K in total revenue in fiscal year 2022. Expenses of $338K exceeded revenue, resulting in a 11% operating deficit.

Mission

To provide girls the opportunity to participate in the unique, beautiful, and expressive sports of Rhythmic Gymnastics and Aesthetic Group Gymnastics; to enhance athleticism, grace, and character while having fun, being challenged, and making new friends; to compete at the highest levels of Rhythmic Gymnastics and Aesthetic Group Gymnastics; to promote healthy lifestyles and character development in students, emphasizing femininity, flexibility, creativity and artistry, and building strength, endurance and agility.

Program Service Accomplishments

Program 1
Expenses: $331,749 Revenue: $305,172

Provided training and competing in Rhythmic Gymnastics and Aesthetic Group Gymnastics; promoted the sports by organizing competitions.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,000
Program Service Revenue $303,172
Investment Income $0
Other Revenue $0
TOTAL REVENUE $305,172

Expense Breakdown

Grants Paid $40,897
Salaries & Benefits $153,003
Fundraising Expenses $0
Program Expenses $331,749
Other Expenses $144,519
TOTAL EXPENSES $338,419

Year-over-Year Comparison

2022 2021 Change
Revenue $305,172 N/A N/A
Expenses $338,419 N/A N/A
Net Income $-33,247 N/A N/A
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
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
1
$6,120
Total Directors
2
$6,120
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELENA BALTOVICK President 10.00
Officer Director
$6,120 $0 $6,120
DARIA BALTOVICK Vice President 0.00
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
2022 $305,172 $338,419 $1,549 $-33,247
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