BROADWAY GYMNASTIC FOUNDATION MICHAEL CATES

EIN: 953781411 501(c)(3)

LOS ANGELES, CA

Total Revenue
$226,243
Total Expenses
$136,766
Total Assets
$229,692
Net Assets
$229,692
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
CA
Principal Officer
MICHAEL M CATES
Phone
3104500012
Tax Period
2023-07-01 to 2024-06-30

BROADWAY GYMNASTIC FOUNDATION MICHAEL CATES, founded in 1982, is a small nonprofit that reported $226K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 40% operating margin.

Mission

THE BROADWAY GYMNASTIC FOUNDATION WAS INCORPORATED IN 1982 TO PROVIDE SCHOLARSHIPS FOR THE BROADWAY GYMNASTIC FOUNDATION WAS INCORPORATED IN 1982 TO PROVIDE SCHOLARSHIPS FOR ECONOMICALLY DISADVANTAGED AND / OR HANDICAPPED CHILDREN. THE FOUNDATION ACCEPTS SCHOLARSHIP APPLICATIONS FROM ANYONE INTERESTED IN APPLYING. LOCAL AREA COMMUNITY GROUPS ALSO DIRECT APPROPRIATE YOUTHS IN NEED OF GYMNASTIC TRAINING, EDUCATION, AND DISCIPLINE TO THE FOUNDATION. ALL APPLICATIONS ARE REVIEWED AND AWARDED TO RECIPIENTS BY A SCHOLARSHIP COMMITTEE COMPOSED OF MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS AND AN ADVISORY BOARD.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,522
Program Service Revenue $51,600
Investment Income $0
Other Revenue $170,121
TOTAL REVENUE $226,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,600
Fundraising Expenses $0
Program Expenses $134,192
Other Expenses $133,166
TOTAL EXPENSES $136,766

Year-over-Year Comparison

2023 2022 Change
Revenue $226,243 $162,966 +0.4%
Expenses $136,766 $121,141 +0.1%
Net Income $89,477 $41,825 +1.1%
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

Sign In

Governance

Voting Members
6
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
2
$3,600
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL M CATES PRESIDENT 1.00
Director
$0 $0 $0
ROBERT GRYCAN VP 1.00
Director
$0 $0 $0
EILENE MONDSCHEIN TRUSTEE 1.00
Director
$0 $0 $0
PETER VIDMAR TRUSTEE 1.00
Director
$0 $0 $0
LAURA SMITH SECRETARY 1.00
Officer
$0 $0 $0
MAUREEN M MILLER CFO 10.00
Officer
$3,600 $0 $3,600
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 $226,243 $136,766 $229,692 $89,477
2023 $162,966 $121,141 $140,215 $41,825
2020 $126,168 $87,439 $168,861 $38,729
2019 $133,290 $144,259 $130,132 $-10,969
2018 $147,768 $130,225 $141,101 $17,543
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BROADWAY GYMNASTIC FOUNDATION MICHAEL CATES with other nonprofits in California and across the country.