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Lakes Area Gymnastics Booster Club is a private corporation based in PERHAM, MN. The foundation received its IRS ruling in 2005. The principal officer is Nick Poirier. It holds total assets of $3.3M. Annual income is reported at $157K. Total assets have grown from $41K in 2018 to $3.4M in 2023. Support - Support Gymnastics Activities for High School Competitive USAG and recreational students. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Lakes Area Gymnastics Booster Club has made 5 grants totaling $12K, with a median grant of $590. Annual giving has decreased from $10K in 2021 to $595 in 2023. Individual grants have ranged from N/A to $10K, with an average award of $2K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Support - Support Gymnastics Activities for High School Competitive USAG and recreational students.
Expenses: $50K
Support - Support Gymnastics Activities for High School Competitive USAG and recreational students. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MN.
Lakes Area Gymnastics Booster Club has distributed a total of $12K across 5 grants. The median grant size is $590, with an average of $2K. Individual grants have ranged from N/A to $10K.
Lakes Area Gymnastics Booster Club typically selects its grantees rather than accepting unsolicited proposals.
Lakes Area Gymnastics Booster Club is headquartered in PERHAM, MN.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$244K
Total Assets
$3.4M
Fair Market Value
$3.4M
Net Worth
$1.9M
Grants Paid
$595
Contributions
$5K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$12K
Average Grant
$2K
Median Grant
$590
Unique Recipients
2
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Perham Area Scholarship FundFor Scholarships Given Out | Perham, MN | $500 | 2023 |
| Perham Area Youth Fitness AcademyTo help with Operations | Perham, MN | N/A | 2023 |