GYMJAM FOUNDATION: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GYMJAM FOUNDATION (EIN 06-1786827)
Tax period
2024-08-01 to 2025-07-31
Filed
2025-12-15
IRS object ID
202523499349200347
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-12-15T15:56:41-08:00ReturnTs
Tax Period End2025-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271585974PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Chan CPA & Company IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11885 S Winchester Blvd Ste 200AddressLine1Txt
CityCampbellCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95008ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061786827EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GymJam FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGYMJBusinessNameControlTxt
Phone6612513390PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1655 Boysenberry WayAddressLine1Txt
CityOceansideCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92057ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonManfred C WallerPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-12-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonElaine Diana Gong Chan CPAPreparerPersonNm
PTINP01220626PTIN
Phone4083581591PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$156,115GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Program Service Revenue$155,925ProgramServiceRevenueAmt
Investment Income$190InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$156,115TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$5,300FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$153,173OtherExpensesTotalAmt
Total Expenses$158,473TotalExpensesAmt
Excess Or Deficit For Year-$2,358ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$27,865NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$25,507NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$25,201BOYAmt
EOY$23,332EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$2,664BOYAmt
EOY$2,175EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$27,865BOYAmt
EOY$25,507EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$27,865BOYAmt
EOY$25,507EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeThe primary objectives and purposes of the foundation shall be to foster national and international amateur sports competition as well as conduct national or international competition and support and develop amateur athletes for competition. As such, the activities of the foundation includes fundraising to assist in paying costs for meet fees, judges fees, coaches fees, travel expenses, food costs, insurance, professional development, professional services; hosting gymnastics meets; providing athletes with sponsorship for national and international competition, and other expenditures and activities either directly or indirectly associated with the purpose of the foundation as outlined in the articles of incorporationPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomThe Foundation serves approximately 150 competitive athletes per year. Since 2006 the competitive teams have produced approximately 350 State Champions, 160+ Regional Champions, 35 National Champions, 15 National Team Members/Developmental Team Members and sent 60 high school graduates onto collegiate gymnastics teams (20+ with full-ride athletic scholarships).The Foundation also supports 501c3 organization, Camp del Corazon, a camp for children with congenital heart disease.GymJam Foundation has donated nearly $150,000 to non-profit groups since its inception.DescriptionProgramSrvcAccomTxt
Program Service Expenses$134,254ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$134,254TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (2 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Manfred C Waller
President10.00$0
Cynthia Waller
Sec & Treasurer15.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCynthia WallerPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14237 Calle del RioAddressLine1Txt
CityOceansideCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92057ZIPCd
FieldValueIRS element (for citing)
Phone6612513390PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$38,723CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,874CurrentTaxYearMinus3YearsAmt
Total$45,597TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$38,723CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,874CurrentTaxYearMinus3YearsAmt
Total$45,597TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$45,597PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$45,597TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700.00000PublicSupportCY170Pct

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Other Expenses.1002Office Expenses $125
Other Expenses.1009Depreciation $489
Other Expenses.1Hosted Meet Expenses $134254
Other Expenses.2Donations $17720
Other Expenses.3Bad Debt $365
Other Expenses.4License & Permits $120
Other Expenses.5Taxes $100

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