River City Inclusive Gymnastics Inc

Nonprofit profile at a glance

EIN
831813906
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2019
Location
Henrico, VA, USA
Phone
8042390695
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Physical Fitness and Community Recreational Facilities

Reported finances

Revenue
$423,851
Expenses
$482,147
Assets
$222,081
Liabilities
$10,191

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MARK MCGRATH (VICE PRESIDENT)
  • MICHAEL MCGRATH (CEO)

Highest reported compensation

  • MICHAEL MCGRATH (CEO): $60,974 total reported compensation
  • JOCELYN INGRAM (COO): $44,569 total reported compensation
  • JOANNA WYLIE (BOARD MEMBER): $19,447 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide fitness & exercise training for people with dissbilities & special needs. This consist of group exercise classes structured to meet the individual needs yet provide the opportunity for social interaction with group peers. Classes have 4 to 8 individuals with a variety of special needs including autism, down syndrome, intelectual disabilities, etc.

What it reported doing in 2024

Classes-group exercise classes structured to meet individual needs yet provide the oportunity for social interaction and engagement with a group of peers. To accomplish this we exercise in obstacle course format. This allows each individual the most oportunity for movement. Classes are for one hour with each obstacle course lasting 4-15 minutes. Each class has from 4-8 participants with a variety of special needs, including autism, down syndrome, intellectual disabilies, etc. The classes are weekly for 8 weeks.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 92
  • Accountability: 86
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.8%; rating input score 85
  • Program expense ratio: 74.6%; rating input score 75
  • Fundraising efficiency: $4.89 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -13.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 25.9%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 51% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 28.1% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 28.4% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 84.8% of revenue deployed · 74.6% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $359K in reported program spending
  • Leadership: top reported pay $61K · 8 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 21/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.