MINNESOTA FLYERS GYMNASTICS INC

DETROIT LAKES, MN, 56501-3829 (218) 847-3637 Est. 2000 EIN 41-1825524

N60I - Recreation & Sports 990 - Public charity return 501(c)(3)

Mission

PROMOTE AMATEUR YOUTH GYMNASTICS AND FITNESS.

Total Revenue

$1,589,736

Total Expenses

$620,589

Net Assets

$2,425,946

47 employees 16 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

3.9 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 79.8%

Expenses ↑ 15.3%

Revenue Sources

Contributions 66.8% Earned revenue 24.2% Investment 0.9% Other 8.0%

Expense Breakdown

Program 81.8% Management 13.2% Fundraising 5.0%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$1,589,736 ↑	$620,589	$2,425,946
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$884,335 ↑	$538,229	$778,067
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$537,383 ↑	$602,769	$431,961
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$390,366 ↓	$380,767	$311,095
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$399,936 ↓	$423,014	$301,496
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$459,247	$398,237	$324,574