HEAD OVER HEELS GYMNASTICS INC
Mission Statement
Head Over Heels was founded with two primary beliefs: gymnastics is a natural foundation for all forms of athletics. Individuals given the opportunity to explore what their bodies are capable of at a young age are more apt to stay physically active throughout their life. At Head Over Heels we understand the correlation between being physically active and the development of strong brain function; health of mind and body. It is proven that maintaining one's physical strength leads to greater mental clarity and supports and individual's self esteem. It is our mission to improve our students' quality of life by helping them to achieve their individuals athletic goals while instilling a life long love of being physically active.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
62.9% | 87.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
37.1% | 9.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.1 mo | 8.2 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
20.5% | 11.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.1% | 89.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-0.6% | 9.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.0% | 9.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.6% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $3.4M | $2.8M | $2.6M | 62.9% | 62 |
| 2023 | $3.4M | $2.9M | $2.1M | 57.6% | 59 |
| 2022 | $4.1M | $2.7M | $1.5M | 60.8% | 59 |
| 2021 | $2.0M | $2.4M | N/A | — | 50 |
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