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Filing year 2024

LAKES AREA GYMNASTICS BOOSTER CLUB

Perham, Minnesota·EIN 57-1188855·NTEE O12 · Youth Development·501(c)(3)
Total revenue
$157k
Total assets
$3.3M
Total expenses
$170k
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2024. LAKES AREA GYMNASTICS BOOSTER CLUB reported 7 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer
Director
Director
Director
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2k

Itemized grants

2

Median grant

$795

RecipientLocationPurposeAmount
Perham Area Scholarship FundPerham, MNFor Scholarships Given Out$920
Perham Area Youth Fitness AcademyPerham, MNTo help with Operations$670
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

LAKES AREA GYMNASTICS BOOSTER CLUB reported revenue and expenses across 2 filing years.

RevenueExpenses
$256k
$244k
2023
$157k
$170k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Youth Development executives earn in Minnesota

LAKES AREA GYMNASTICS BOOSTER CLUB reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable youth development organization in Minnesota earns a median of $59,686.

25th percentile
$20k
Median
$59,686
75th percentile
$102k
90th percentile
$158k

These are youth development sector-wide figures, not this organization's reported pay. Based on 120 organizations across 120 filings (2022 – 2024).

See full Youth Development pay data for Minnesota
FAQ

Common questions about LAKES AREA GYMNASTICS BOOSTER CLUB

What are LAKES AREA GYMNASTICS BOOSTER CLUB's revenue and expenses?

In 2024, LAKES AREA GYMNASTICS BOOSTER CLUB reported $157k in total revenue and $170k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.