Three Rivers Gymnastics

Nonprofit profile at a glance

EIN
450403496
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Wahpeton, ND, USA
Phone
7016423620
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$409,861
Expenses
$367,578
Assets
$815,640
Liabilities
$8,252

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Clint Gilbertson (President)
  • Erica Chisholm (Vice President)

Highest reported compensation

  • Shea Carlson (Director): $55,068 total reported compensation

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

Overview

Mission

Empowering youth through fitness and gymnastics. This is achieved by building self-esteem while learning lessons for school and life. We use gymnastics, dance, fitness, play, and more to accomplish our goals.

What it reported doing in 2024

We provide strength, flexibility, fitness and gymnastic skill classes to ages from 15 months to adult. We provide a variety of classes that vary from one day per week to team levels who practice up to 12 per week. Classes run 12 months per year. The objective of the recreational classes are to promote fitness and learning in a fun and safe atmosphere and to build the self-esteem of all that enter our program. The objective of our team program is to prepare youth to compete against others in the USA gymnastics program as well as the High School program while building youth up into well rounded individuals who can handle pressure gracefully. We also operate a licensed childcare program consisting of our Nursery School, After School & Summer Childcare. Our Nursery School is offered up to 5 days/week for approximately 3 hours/day. These children are ages 2 1/2 to 5 years old & learn alphabet, numbers, colors, shapes and more. We have planned activities that focus on both academics & learning through play stories, games, crafts, letter sheets, music & more. We also learn about nutrition & fitness. In each class they have a snack, gymnastics or fitness time & the rest is academic learning & learning through play. We focus on having fun & preparing for Kind. Our After School is offered up to 5 days/week for approximately 3 hours/day. These children are pre-school - 5th grade. We provide a caring environment where children receive homework help, reading time, art activities, snack and open gym time. They also have the option of taking a gymnastics, dance, or fitness class. Summer childcare is held during the summer school break approx. June - Aug. It runs up to 5 days/week and up to 10 hours/day.

Operating model

Revenue model
Earned-program. 60% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 84
  • Accountability: 12
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.5%; rating input score 88
  • Program expense ratio: 98.4%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 10.3%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 2.22; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 15%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 12.9% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 11% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 14.9% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 88.5% of revenue deployed · 98.4% of spending went to programs
  • Governance: 0 of 5 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $362K in reported program spending
  • Leadership: top reported pay $55K · 5 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.