GYMJAM FOUNDATION: Form 990EZ, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
GYMJAM FOUNDATION (EIN 06-1786827)
Tax period
2011-08-01 to 2012-07-31
Filed
2012-12-13
IRS object ID
201203489349200210
Schema version
2011v1.2
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)
Timestamp2012-12-13T09:05:21-08:00Timestamp
Tax Period End Date2012-07-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Chan CPA & Company IncBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line116450 Los Gatos Blvd Suite 101AddressLine1
CityLos GatosCity
StateCAState
ZIP Code950325594ZIPCode
FieldValueIRS element (for citing)
Return Type990EZReturnType
Tax Period Begin Date2011-08-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN061786827EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GymJam FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGYMJNameControl
Phone6612513390Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line126515 Reuther AveAddressLine1
CitySanta ClaritaCity
StateCAState
ZIP Code91350ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameManfred C WallerName
TitlePresidentTitle
Date Signed2012-12-13DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDiana Gong Chan CPAName
Phone4083581591Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashXMethodOfAccountingCash
Schedule B Not RequiredXScheduleBNotRequired
Web SiteN/AWebSite
Organization501c3XOrganization501c3
Gross Receipts177027GrossReceipts
Info In Schedule O Part IXInfoInScheduleOPartI
Program Service Revenue174656ProgramServiceRevenue
Cost Other Basis And Sales Expenses0CostOtherBasisAndSalesExpenses
Fundraising Gross Income0FundraisingGrossIncome
Special Events Direct Expenses0SpecialEventsDirectExpenses
Cost Of Goods Sold0CostOfGoodsSold
Other Revenue Total2371OtherRevenueTotal
Total Revenue177027TotalRevenue
Fees And Oth Pymt To Ind Contractors1991FeesAndOthPymtToIndContractors
Printing Publications Postage76PrintingPublicationsPostage
Other Expenses Total147392OtherExpensesTotal
Total Expenses149459TotalExpenses
Excess Or Deficit For Year27568ExcessOrDeficitForYear
Net Assets Or Fund Balances BOY47632NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY75200NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIXInfoInScheduleOPartII

Cash Savings And Investments CashSavingsAndInvestments

FieldValueIRS element (for citing)
BOY10035BOY
EOY9574EOY

Land And Buildings LandAndBuildings

FieldValueIRS element (for citing)
BOY79587BOY
EOY73062EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY89622BOY
EOY82636EOY

Sum Of Total Liabilities SumOfTotalLiabilities

FieldValueIRS element (for citing)
BOY41990BOY
EOY7436EOY

Net Assets Or Fund Balances NetAssetsOrFundBalances

FieldValueIRS element (for citing)
BOY47632BOY
EOY75200EOY
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 COMPETION. 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 INDERECTLY ASSOCIATED WITH THE PURPOSE OF THE FOUNDATION AS OUTLINED IN THE ARITICLES OF INCORPORATIONPrimaryExemptPurpose

Program Service Accomplishment ProgramServiceAccomplishment

FieldValueIRS element (for citing)
Description Program Service AccomThe Foundation serves approximately 100-120 competitive athletes per year. Since 2006 the competitive teams have produced over 100 State Champions, 22 Regional Champions, 17 National Champions, two National Team Members and sent eleven high school graduates onto collegiate gymnastics teams (four with full-ride athletes scholarships and seven walk-on positions), with more graduating this year."DescriptionProgramServiceAccom
Grants And Allocations121701GrantsAndAllocations
FieldValueIRS element (for citing)
Total Program Service Expenses121701TotalProgramServiceExpenses

Officer Director Trustee Key Empl OfficerDirectorTrusteeKeyEmpl (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Cynthia Waller
26515 Reuther AveSanta Clarita AveCA91350Sec & Treasurer00
Manfred C Waller
26515 Reuther AveSanta Clarita AveCA91350President00
FieldValueIRS element (for citing)
Info In Schedule O Part VXInfoInScheduleOPartV
Activities Not Previously RptfalseActivitiesNotPreviouslyRpt
Made Changes To Orgnzng Etc DocfalseMadeChangesToOrgnzngEtcDoc
Organization Had UBIfalseOrganizationHadUBI
Organization Filed990 TfalseOrganizationFiled990T
Subject To Proxy TaxfalseSubjectToProxyTax
Organization Dissolved EtcfalseOrganizationDissolvedEtc
Did Org File Form1120 POL This YearfalseDidOrgFileForm1120POLThisYear
Made Loans To From OfficersfalseMadeLoansToFromOfficers
Initiation Fees And Capital Contri0InitiationFeesAndCapitalContri
Gross Receipts For Public Use0GrossReceiptsForPublicUse
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTrans
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonCynthia WallerNamePerson

Address US AddressUS

FieldValueIRS element (for citing)
Address Line126515 Reuther AveAddressLine1
CitySanta Clarita AveCity
StateCAState
ZIP Code91350ZIPCode
FieldValueIRS element (for citing)
Telephone Number6612513390TelephoneNumber
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccount
Foreign OfficefalseForeignOffice
Maintain Any Donor Advised FundsfalseMaintainAnyDonorAdvisedFunds
Does Org Have HospitalfalseDoesOrgHaveHospital
Tanning Services ProvidedfalseTanningServicesProvided
Form720 FiledfalseForm720Filed
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction With Control EntityfalseTransactionWithControlEntity
Engage Political Cmpgn ActivitiesfalseEngagePoliticalCmpgnActivities
Engage In Lobbying ActivitiesfalseEngageInLobbyingActivities
Operating SchooltrueOperatingSchool
Trnsfrs Exempt Non Char Related OrgfalseTrnsfrsExemptNonCharRelatedOrg
Related Org Section527 OrgfalseRelatedOrgSection527Org
Part VI Of Comp Of Highest Paid EmplNONEPartVIOfCompOfHighestPaidEmpl
Part VIA Hghst Paid Cntrct Prof SerNONEPartVIAHghstPaidCntrctProfSer
Filed Schedule AtrueFiledScheduleA

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediatruePolicyPublViaBroadcastMedia
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedfalseGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked
Compliance With Rev Proc7550trueComplianceWithRevProc7550

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (15 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Form 990-EZ, Part II, Line 26.1008Total Liabilities.1008Unsecured Notes and Loans Payable - Beginning $30000 Unsecured Notes and Loans Payable - Ending $0
Form 990-EZ, Part II, Line 26.1003Total Liabilities.1003Deferred Revenue - Beginning $11990 Deferred Revenue - Ending $7436
Form 990-EZ, Part I, Line 16.11Other Expenses.11Bank Charges $34
Form 990-EZ, Part I, Line 16.8Other Expenses.8License & Permits $50
Form 990-EZ, Part I, Line 16.7Other Expenses.7Taxes $114
Form 990-EZ, Part I, Line 16.6Other Expenses.6Membeship Fees $1260
Form 990-EZ, Part I, Line 16.5Other Expenses.5Team Meet Entries $2290
Form 990-EZ, Part I, Line 16.4Other Expenses.4Coaches Education $3061
Form 990-EZ, Part I, Line 16.3Other Expenses.3Gym Supplies $3900
Form 990-EZ, Part I, Line 16.2Other Expenses.2Team Expenses $8246
Form 990-EZ, Part I, Line 16.1Other Expenses.1Hosted Meet Expenses $121701
Form 990-EZ, Part I, Line 16.1009Other Expenses.1009Depreciation $6525
Form 990-EZ, Part I, Line 16.1005Other Expenses.1005Travel $201
Form 990-EZ, Part I, Line 16.1002Other Expenses.1002Office Expenses $10
Form 990-EZ, Part I, Line 8.1Other Revenue.1Miscellaneous Income $2371

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