Teton Rock Gym Inc

What it reported doing in 2024

Teton rock gym aims to ensure that the sport of rock climbing is made available in an accessible and affordable manner. To meet that goal, access to the facility has continued to provide 24 hour keycard access for its members. Teton rock gym also offers specific programs to further these goals, especially in regard to youth participation and competition, as well as climbing education for those new to the activity. The following are estimates of the frequency of programs ran, and the number of participants in 2024: youth climbing programs: 65 local students participated in teton rock gym's five fall, winter, and spring afterschool programs, totally 60, 1.5 hour long sessions. Teton rock gym's competition climbing team programs served 24 participants over three program sessions, totaling 80, 2-hour long sessions. 45 climbers participated in teton rock gym's two outdoor summer climbing camp offerings. The gym provided 20, all-day sessions over a 2 month period. 84 local students from district 401 participated in teton rock gym's winter sports program during a 2-month-long winter session. The gym provided a total of 23, 3-hour programs for victor elementary, driggs elementary, driggs middle, rendevous elementary, and teton high school. 45 local, low-income students participated in 2 groups for 1 hour programs, once-a-week for 7-weeks for a free summer program in collaboration with the district 401 summer enrichment program, abc. Teton rock gym offered 42 free weekly 1-hour sessions for toddlers under 5 and parents. This program was offered during fall, winter, spring, and summer program session. This program was attended by over 88 toddlers in 2024 and their caretakers. The gym offered 12 free family climb events every first saturday of the month for kids and their families to climb for free at the rock gym serving over 100 climbers annually. Adult classes & programs: teton rock gym offered monthly women's and nonbinary climb night and monthly queer climb nights serving over 60 adult climbers. The gym offered 5 3-hour introduction to lead courses, 5 1-hour introduction to climbing movement classes, 2 1-hour intermediate climbing movement classes, 2 1-hour introduction to bouldering classes, 2 1-hour how to project a boulder classes, 1 1.5-hour anchor building class, and 1 1.5-hour self rescue class. The rock gym offered 5 1-hour intro to aerial silks classes, 2 1-hour aerial beginner 1 classes, and 3 2-hour open aerial silks events.

Financial Efficiency

• Mission deployment rate: 55.7%; rating input score 56
• Program expense ratio: 73.7%; rating input score 74
• Fundraising efficiency: $1.49 raised per $1 spent on fundraising; rating input score 7; 7th 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: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • 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: 22.6%; rating input score 76; 76th percentile among comparable filings
• Total-asset coverage ratio: 1.23; rating input score 46; 46th percentile among comparable filings
• Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 25.5%; rating input score 14; 14th percentile among comparable filings

Growth

• Program expense growth: 6.4% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: 13.9% per year; rating input score 100; 80th percentile among comparable filings
• Asset growth: 33.4% per year; rating input score 100; 93rd percentile among comparable filings