Lakes Area Gymnastic Academy

990EZ • Fiscal year 2016 • EIN 37-1508722

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 02, 2017

Organization Profile

11100 CO Hwy 39Frazee, MN 56544

(218) 298-2527

Siviq Scores

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

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-14%

Higher net margin than 20% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-84%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

23%

Faster revenue growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets56th percentile

Assets

Down

$2,806

Down $14,235 (-84%) from 2015

Net Assets

Down

$2,806

Down $14,235 (-84%) from 2015

Liabilities

Flat

Flat from 2015

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin20th percentile

Revenue

$101,686

Up $18,837 (+23%) from 2015

Expenses

$115,921

Up $43,674 (+60%) from 2015

Net Income

Down

-$14,235

Down $24,837 (-234%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

Highlighted filing

2016

Assets$2,806

Liabilities$0

Net Assets$2,806

Open 2016 Filing

Operations Trend

Revenue Growth75th percentile

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

Highlighted filing

2016

Revenue$101,686

Expenses$115,921

Net Income-$14,235

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: Nov 2, 2017
Return Version: 2016v3.0
Gross Receipts: $111,731

Mission and Program Overview

Mission

Promote community gymnastics

Program Services

Description	Grants	Expenses
GYMNASTIC EQUIPMENT AND COACHES	-	$98,231

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JULIE VAMACHA	President	-	$0	-	-
MIKE JONES	Vice President	-	$0	-	-
BRIE TRAUTMAN	Secretary	-	$0	-	-
HEATHER MEYER	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Lakes Area Gymnastic Academy
EIN: 37-1508722
Address: 11100 CO HWY 39, FRAZEE, MN 56544

Signing Officer

Name: Heather Meyer
Title: Secretary
Phone: 2182982527
Signed: 2017-11-02
Discuss with paid preparer: No

Preparer

Firm: Bekkerus Schott Helmeke DeConcini
Address: 160 3rd Ave SW, Perham, MN 56573
Preparer: Bradley R Helmeke CPA
Phone: 2183464200

Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountVALLEY FAIR 288BIRTHDAY PARTIES 189OPEN GYM 302”

List of grants and similar amounts paid Part I line 10

“Activity GYMNASTICS COACHES Street LOCAL City, State, Zip Perham, MN 56573Activity GYMNASTICS EQUIPMENT RENT Grantee PERHAM SCHOOL DIST 549 Street 200 5TH ST SE City, State, Zip Perham, MN 56573Activity GYMASTICS FLOOR SUPPLIES Street 200 5TH ST SE City, State, Zip Perham, MN 56573”

Description of other expenses Part I line 16

“Description AmountINSURANCE 1,485SUPPLIES 2,377OFFICE EXPENSES 288WEBSITE 20BANK CHARGES 100SECRETARY OF STATE FILING FEES 25REFUND 60”

Raw XML Appendix186 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	HEATHER MEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	4355
IRS990EZ/OtherRevenueTotalAmt	0	779
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PROMOTE COMMUNITY GYMNASTICS
IRS990EZ/PrintingPublicationsPostageAmt	0	285
IRS990EZ/ProgramServiceRevenueAmt	0	75219
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	GYMNASTIC EQUIPMENT AND COACHES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	98231
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	80458
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	115921
IRS990EZ/TotalProgramServiceExpensesAmt	0	98231
IRS990EZ/TotalRevenueAmt	0	101686
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	30574
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	19940
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	23794
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	27145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	27750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	129203
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	2
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	10
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	5
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	5
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	26
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	71686
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	15700
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	168705
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	2
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	10
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	5
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	5
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	4
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	26
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	-576
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	11395
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	1267
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	12086
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.96090
IRS990ScheduleA/PublicSupportPY509Pct	0	0.94460
IRS990ScheduleA/PublicSupportTotal509Amt	0	297908
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	102260
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description AmountVALLEY FAIR 288BIRTHDAY PARTIES 189OPEN GYM 302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Activity GYMNASTICS COACHES Street LOCAL City, State, Zip Perham, MN 56573Activity GYMNASTICS EQUIPMENT RENT Grantee PERHAM SCHOOL DIST 549 Street 200 5TH ST SE City, State, Zip Perham, MN 56573Activity GYMASTICS FLOOR SUPPLIES Street 200 5TH ST SE City, State, Zip Perham, MN 56573
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description AmountINSURANCE 1,485SUPPLIES 2,377OFFICE EXPENSES 288WEBSITE 20BANK CHARGES 100SECRETARY OF STATE FILING FEES 25REFUND 60
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Description of other expenses Part I line 16
ReturnHeader/BuildTS	0	2018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	HEATHER MEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2182982527
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LAKES AREA GYMNASTIC ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt	0	LAKE
ReturnHeader/Filer/EIN	0	371508722
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	11100 CO HWY 39
ReturnHeader/Filer/USAddress/CityNm	0	FRAZEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MN
ReturnHeader/Filer/USAddress/ZIPCd	0	56544
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	B13ABBA3628D3A8ABDB5D19FAF65A6132E7F7002
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	64.255.133.45
ReturnHeader/FilingSecurityInformation/IPDt	0	2017-11-09
ReturnHeader/FilingSecurityInformation/IPTm	0	09:40:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	450397972
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Bekkerus Schott Helmeke DeConcini
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	160 3rd Ave SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Perham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	56573
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2183464200
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2017-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Bradley R Helmeke CPA
ReturnHeader/ReturnTs	0	2017-11-09T09:33:04-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2016-01-01
ReturnHeader/TaxPeriodEndDt	0	2016-12-31
ReturnHeader/TaxYr	0	2016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $2,806
Liabilities: $0
Net assets: $2,806
Revenue: $101,686
Expenses: $115,921
Net income: -$14,235

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2016Detailed filing. Detailed filing data is available for this year.	$0.03	$0.00	$0.03	$1.02	$1.16	$0.14
2015Detailed filing. Detailed filing data is available for this year.	$0.17	$0.00	$0.17	$0.83	$0.72	$0.11
2014Detailed filing. Detailed filing data is available for this year.	$0.06	$0.00	$0.06	$0.55	$0.54	$0.01
2013Detailed filing. Detailed filing data is available for this year.	$0.06	$0.00	$0.06	$0.43	$0.41	$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.04	$0.00	$0.04	$0.28	$0.28	$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.04	$0.00	$0.04	$0.24	$0.24	$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.04	$0.00	$0.04	$0.23	$0.19	$0.03