Civic Intelligence

Rainbow Gymnastics Inc.

990EZ • Fiscal year 2021 • EIN 27-4553013

Sep 01, 2020 to Aug 31, 2021 • Filed on Oct 17, 2022

Organization Profile
PO Box 61Medford, WI 54451

(715) 785-5039

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

44th percentile

4.7%

Higher net margin than 44% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

44th percentile

1.6%

Faster asset growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

-4.3%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$440,191

Up $6,901 (+1.6%) from 2020

Net Assets

Up

$440,191

Up $305,965 (+228%) from 2020

Liabilities

Down

$0

Down $299,064 (-100%) from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin44th percentile

Revenue

Down

$146,281

Down $6,571 (-4.3%) from 2020

Expenses

Down

$139,380

Down $11,367 (-7.5%) from 2020

Net Income

Up

$6,901

Up $4,796 (+228%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2017: $473,202Liabilities 2017: $421,057Net Assets 2017: $52,1452017Assets 2019: $489,414Liabilities 2019: $357,293Net Assets 2019: $132,1212019Assets 2020: $433,290Liabilities 2020: $299,064Net Assets 2020: $134,2262020Assets 2021: $440,191Liabilities 2021: $0Net Assets 2021: $440,1912021Assets 2025: $503,065Liabilities 2025: $195,858Net Assets 2025: $307,2072025

Highlighted filing

2021

Assets$440,191
Liabilities$0
Net Assets$440,191
Open 2021 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0Revenue 2017: $135,724Expenses 2017: $83,579Net Income 2017: $52,1452017Revenue 2019: $237,614Expenses 2019: $202,451Net Income 2019: $35,1632019Revenue 2020: $152,852Expenses 2020: $150,747Net Income 2020: $2,1052020Revenue 2021: $146,281Expenses 2021: $139,380Net Income 2021: $6,9012021Revenue 2025: $249,445Expenses 2025: $206,789Net Income 2025: $42,6562025

Highlighted filing

2021

Revenue$146,281
Expenses$139,380
Net Income$6,901
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Oct 17, 2022
Return Version
2020v4.1
Gross Receipts
$146,842
Mission and Program Overview

Mission

Develop and promote gymnastics

Program Services

DescriptionGrantsExpenses
TO PROVIDE A POSITIVE ATMOSPHERE TO LEARN GYMNASTIC SKILLS AS WELL AS AN OPPORUNITY FOR THOSE INTERESTED TO COMPETE ROUTINES SET BY USA GYMNASTICS AND AAU GYMNASTICS--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN WEGERERPresident-$0--
JOY RYSKOSKIVice President-$0--
KRISTIE ULRICHSecretary-$0--
NANCY SCHAEFERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Rainbow Gymnastics Inc
EIN
27-4553013
Address
PO BOX 61, MEDFORD, WI 54451

Signing Officer

Name
Nancy Schaefer
Title
Treasurer
Phone
7157855039
Signed
2022-10-17
Discuss with paid preparer
Yes

Preparer

Firm
Mayer Associates
Address
349 N 8TH ST PO BOX 307, MEDFORD, WI 54451
Preparer
Daniel T Mayer
Phone
7157484110
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountrent 4,925”

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 19,262interest 9,667payroll taxes 4,039insurance 7,110supplies 6,117credit card processing fees 2,568dues 949training 4,011home meet expense 4,759coaching expense 1,229meet entry fees 8,085”

Raw XML Appendix175 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0NANCY SCHAEGER
IRS990EZ/BooksInCareOfDetail/PhoneNum07157855039
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0555 JENSEN DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MEDFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd054451
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015135
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039349
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03906
IRS990EZ/CostOfGoodsSoldAmt0536
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06901
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02851
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0433290
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0440191
IRS990EZ/FundraisingGrossIncomeAmt0992
IRS990EZ/GrossProfitLossSlsOfInvntryAmt073
IRS990EZ/GrossReceiptsAmt0146842
IRS990EZ/GrossSalesOfInventoryAmt0609
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt056
IRS990EZ/LandAndBuildingsGrp/BOYAmt0418155
IRS990EZ/LandAndBuildingsGrp/EOYAmt0400842
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0433290
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0440191
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0433290
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0440191
IRS990EZ/OccupancyRentUtltsAndMaintAmt021319
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAREN WEGERER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOY RYSKOSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KRISTIE ULRICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NANCY SCHAEFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt067796
IRS990EZ/OtherRevenueTotalAmt04925
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DEVELOP AND PROMOTE GYMNASTICS
IRS990EZ/PrintingPublicationsPostageAmt079
IRS990EZ/ProgramServiceRevenueAmt0136354
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A POSITIVE ATMOSPHERE TO LEARN GYMNASTIC SKILLS AS WELL AS AN OPPORUNITY FOR THOSE INTERESTED TO COMPETE ROUTINES SET BY USA GYMNASTICS AND AAU GYMNASTICS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt047335
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt025
IRS990EZ/SpecialEventsNetIncomeLossAmt0967
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0139380
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0146281
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024942
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04014
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt034808
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03271
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt070941
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt056
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0266
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0142879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0127420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0219111
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0156342
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0112687
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0758439
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0191
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0266
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0651
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt0829380
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0146785
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0152362
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0223125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0191150
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0115958
IRS990ScheduleA/Total509Grp/TotalAmt0829380
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0146841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0152472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0223316
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0191178
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0116224
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0830031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTRENT 4,925
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDEPRECIATION FROM 4562 19,262INTEREST 9,667PAYROLL TAXES 4,039INSURANCE 7,110SUPPLIES 6,117CREDIT CARD PROCESSING FEES 2,568DUES 949TRAINING 4,011HOME MEET EXPENSE 4,759COACHING EXPENSE 1,229MEET ENTRY FEES 8,085
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY SCHAEFER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07157855039
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAINBOW GYMNASTICS INC
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0274553013
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 61
ReturnHeader/Filer/USAddress/CityNm0MEDFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054451
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823543292
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAYER ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0349 N 8TH ST PO BOX 307
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEDFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054451
ReturnHeader/PreparerPersonGrp/PhoneNum07157484110
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL T MAYER
ReturnHeader/ReturnTs02022-10-17T12:05:45-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NANCY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHAEFER
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$440,191
Liabilities
$0
Net assets
$440,191
Revenue
$146,281
Expenses
$139,380
Net income
$6,901
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$1.96$3.07$2.49$2.07$0.43
2021Detailed filing. Detailed filing data is available for this year.$4.40$0.00$4.40$1.46$1.39$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.33$2.99$1.34$1.53$1.51$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.89$3.57$1.32$2.38$2.02$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.73$4.21$0.52$1.36$0.84$0.52