Oakland Rhythmics

990EZ • Fiscal year 2023 • EIN 38-3026608

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 16, 2024

Organization Profile OAKLANDRHYTHMICS.COM

1256 Robson LaneBloomfield Hills, MI 48304

(248) 891-0722

Siviq Scores

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

0.21x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

-4.6%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

$26,715

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

-15%

Faster asset growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

-3.8%

Faster revenue growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets85th percentile

Assets

Down

$22,252

Down $3,982 (-15%) from 2022

Net Assets

Down

$17,482

Down $8,327 (-32%) from 2022

Liabilities

$4,770

Up $4,345 (+1022%) from 2022

Revenue And Expenses

Liabilities / Revenue74th percentile Net Margin34th percentile

Revenue

Down

$179,919

Down $7,171 (-3.8%) from 2022

Expenses

Down

$188,246

Down $20,652 (-9.9%) from 2022

Net Income

-$8,327

Up $13,481 (+62%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

Highlighted filing

2023

Assets$22,252

Liabilities$4,770

Net Assets$17,482

Open 2023 Filing

Operations Trend

Revenue Growth39th percentile

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

Highlighted filing

2023

Revenue$179,919

Expenses$188,246

Net Income-$8,327

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023
Signed: Nov 16, 2024
Return Version: 2023v5.1
Gross Receipts: $179,919

Mission and Program Overview

Mission

Competitive and recreational rhythmic gymnastics.

Competitive and recreational gymnastics

Program Services

Description	Grants	Expenses
Providing rhythmic gymnastic coaching and opportunities for gymnasts to learn the sport to participate in local regional and national competitions and performances. And to promote the sport to the community	$0	$188,246

Compensation and Service Providers

Top Officer Pay87th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
KARYN GLOVER	Program Director And Director	PT	$26,715	-	$26,715
CHARLENE EDWARDS	VP Coach And Director	PT	$14,685	-	$14,685
LAURA RENTON	Secretary And Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Oakland Rhythmics
EIN: 38-3026608
In Care Of: % KARYN GLOVER
Address: 1256 Robson Lane, Bloomfield Hills, MI 48304

Signing Officer

Name: Laura Renton
Title: Executive Director
Signed: 2024-11-16
Discuss with paid preparer: Yes

Preparer

Preparer: Deanna Traver
Phone: 2488910722

Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| MISCELLANEOUS EXPENSES, $2775| OFFICE EXPENSE, $4584| ADVERTISING, $748| AWARDS AND SCHOLARSHIPS, $3250| INSURANCE, $4447| TAXES - PAYROLL, $12445| TAXES - OTHER, $40| CAMP EXPENSES, $31| GALA EXPENSES, $134| CLASS EXPENSES less athlete reimb, $455| EQUIPMENT APPAREL less athlete reimb, $574| HOSTING EXPENSES less athlete reimb, $835| COACH EXPENSES less athlete reimb, $635| PROGRAM EXPENSES - ATHLETES less athlete reimb, $948|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| CREDIT CARD OWED P R TAX OWED, $425, $4770|”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	\| Other Expenses:, Amount:\| MISCELLANEOUS EXPENSES, $2775\| OFFICE EXPENSE, $4584\| ADVERTISING, $748\| AWARDS AND SCHOLARSHIPS, $3250\| INSURANCE, $4447\| TAXES - PAYROLL, $12445\| TAXES - OTHER, $40\| CAMP EXPENSES, $31\| GALA EXPENSES, $134\| CLASS EXPENSES less athlete reimb, $455\| EQUIPMENT APPAREL less athlete reimb, $574\| HOSTING EXPENSES less athlete reimb, $835\| COACH EXPENSES less athlete reimb, $635\| PROGRAM EXPENSES - ATHLETES less athlete reimb, $948\|
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ReturnHeader/BuildTS	0	2024-10-15 13:58:12Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	OAKLAND RHYTHMICS
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ReturnHeader/ReturnTs	0	2024-11-16T02:31:40-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2023-01-01
ReturnHeader/TaxPeriodEndDt	0	2023-12-31
ReturnHeader/TaxYr	0	2023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $22,252
Liabilities: $4,770
Net assets: $17,482
Revenue: $179,919
Expenses: $188,246
Net income: -$8,327

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.40	$0.00	$0.40	$2.29	$2.07	$0.22
2023Detailed filing. Detailed filing data is available for this year.	$0.22	$0.05	$0.17	$1.80	$1.88	$0.08
2022Detailed filing. Detailed filing data is available for this year.	$0.26	$0.00	$0.26	$1.87	$2.09	$0.22
2021Detailed filing. Detailed filing data is available for this year.	$0.53	$0.05	$0.48	$1.29	$1.67	$0.38
2020Detailed filing. Detailed filing data is available for this year.	$0.92	$0.06	$0.85	$1.73	$1.07	$0.66
2019Detailed filing. Detailed filing data is available for this year.	$0.26	$0.07	$0.19	$1.97	$2.07	$0.10
2018Detailed filing. Detailed filing data is available for this year.	$0.36	$0.07	$0.29	$1.96	$2.19	$0.23
2017Summary only. Only limited summary data is available for this year.	$0.54	$0.02		$1.99	$2.02	$0.02
2016Summary only. Only limited summary data is available for this year.	$0.55	$0.01		$1.89	$1.59	$0.30
2015Detailed filing. Detailed filing data is available for this year.	$0.24	$0.00	$0.24	$1.27	$1.43	$0.16
2014Detailed filing. Detailed filing data is available for this year.	$0.41	$0.01	$0.40	$1.69	$1.50	$0.20
2013Summary only. Only limited summary data is available for this year.	$0.22	$0.01		$1.26	$1.22	$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.18	$0.01	$0.17	$1.03	$1.02	$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.19	$0.03	$0.16	$1.09	$1.03	$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.13	$0.02	$0.10	$0.94	$0.93	$0.02