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Nonprofit · EIN 45-4642781

BALANCE 180 GYMNASTICS AND SPORTS ACADEMY

Tax-exempt · GAINESVILLE, FL 32653

Financials

$1.2M$1.2M2023$1.4M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of BALANCE 180 GYMNASTICS AND SPORTS ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,418,325$1,543,561-$125,236$2,860,767$1,708,116$1,152,651
December 31, 2023990$1,230,328$1,179,488$50,840$2,935,998$1,658,111$1,277,887
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$83,551
Program service revenue
$1,330,485
Investment income
$0
Net income from gaming
-$12,760
Net income from sales of inventory
$17,049
Other revenue
$4,289

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$812,383
Salaries, compensation and benefits (total)
$812,383
Professional fundraising fees
$0
Occupancy
$102,939
Travel
$5,662
Depreciation
$64,829
Program services (functional)
$1,061,249
Management and general (functional)
$482,312

Balance sheet and other

Total assets, start of year
$2,935,998
Total assets, end of year
$2,860,767
Total liabilities, end of year
$1,708,116
Net assets, end of year
$1,152,651
Land, buildings and equipment
$2,391,126
Net assets without donor restrictions
$1,152,651
Gross receipts
$1,431,085
Employees
101
Volunteers
250
Year formed
2012
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CARSTEN SCHMALFUSSPRESIDENT
Trustee or director, Officer
7$0
EDWARD BUCKLEYVICE PRESIDENT
Trustee or director, Officer
1$0
KRISTA VANDENBORNETREASURER
Trustee or director, Officer
7$0
STACEY GLEIMSECRETARY
Trustee or director, Officer
1$0
JEFF JOHNSONMEMBER
Trustee or director
1$0
ALLISON GROWMEMBER
Trustee or director
1$0
SUSAN STINSONMEMBER
Trustee or director
1$0
STACEY CURTISMEMBER
Trustee or director
1$0
SOBHA JAISHANKARMEMBER
Trustee or director
2$0
MELANIE YONGEMEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
SUSAN STINSONMEMBER
Trustee or director
1$0
ALLISON GROWMEMBER
Trustee or director
1$0
STACEY CURTISMEMBER
Trustee or director
1$0
MELANIE YONGEMEMBER
Trustee or director
1$0
SOBHA JAISHANKARMEMBER
Trustee or director
2$0
JEFF JOHNSONMEMBER
Trustee or director
1$0
EDWARD BUCKLEYVICE PRESIDENT
Trustee or director, Officer
1$0
CARSTEN SCHMALFUSSPRESIDENT
Trustee or director, Officer
7$0
STACEY GLEIMSECRETARY
Trustee or director, Officer
1$0
KRISTA VANDENBORNETREASURER
Trustee or director, Officer
7$0

Address and contacts

Address (IRS master file)
6527 NW 18TH DR, GAINESVILLE, FL 32653-1645
In care of
% CARSTEN SCHMALFUSS
Principal officer (990 for 2024)
CARSTEN SCHMALFUSS, 3119 NW 57TH TERRACE, GAINESVILLE, FL 32606
Signed the 990
CARSTEN SCHMALFUSS, PRESIDENT
Phone
(352) 339-2759
Return prepared by
MARK S MODAS CPA

Mission

Balance 180s mission is to develop a new model for recreational and competitive sports within our community that serves children and young people with varying abilities and needs.

990 for the year ended December 31, 2024

Program accomplishments

  • Sports Instruction - We offer a number of programs specifically designed for children with special needs as well as programs that integrate children with and without special needs. The programs are described below. Special Olympics Gymnastics Program: We have developed a strong programmatic partnership with the Special Olympics Florida to offer gymnastics in the North Florida Region. The program is specifically designed to allow boys and girls ages 8 and above with an intellectual or developmental disability to train and compete in all the gymnastics events. The program is designed to promote their motor, cognitive and social skills. The boys program includes 6 events - High bar, rings, parallel bars, pommel horse, vault and floor. The program for girls includes 4 events: Floor, bar, beam and vault. Activities are adapted to the ability level of each child. Our partnership with Special Olympics goes back to the summer of 2012 when we first started covering
    Expenses $1,060,594
  • Training Activities - Our programs involve a large number of volunteers and there are a variety of volunteer opportunities as well as internships. The majority of volunteers work directly with the children enrolled in our sports programs, assisting children with disabilities. 90% of the volunteers consist of university students and all of them receive training. Prior to the start of a session, two training classes (120 minutes) are organized and volunteers are educated on how to adapt activities to a childs ability, create progressions, handle behavioral issues, provide encouragement and positive feedback, and handle specific disabilities. In addition, all volunteers receive hands-on training, which is provided by volunteer physical and occupational therapists, and educators. Since starting the programs in June 2012, training has been provided to over 2,500 volunteers. All training activities are free of charge and volunteers are not provided any compensation
    Expenses $505
  • Public Education/Awareness - We have implemented multiple strategies to educate the community and disseeminate health information in regard to sports in children. The cornerstone of our public health education on sports in children with disability is organized around the Adaptive Gymnastics Recreational Program. We also organize gym wide events several times a year that showcases all of our athletes and focuses on integration of all children. Students, parents, volunteers, family and members of the general community are invited via email, listservs, personal invitations and Facebook announcements to our events. The Special Olympics events includes key note presentations by prominent disability advocates, Special Olympics representatives, and prominent members of the community with significant visibility. The goal of these events is to give our athletes the opportunity to showcase their newly learned skills and raise awareness about two important concepts: 1) the
    Expenses $150

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-4642781
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,860,767
Income (IRS master file)
$1,431,085

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,418,325$1,543,561$2,860,767XML
990December 2023$1,230,328$1,179,488$2,935,998XML
990December 2022$1,172,622$806,133$2,529,152IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4642781).

Questions about BALANCE 180 GYMNASTICS AND SPORTS ACADEMY

What is the EIN of BALANCE 180 GYMNASTICS AND SPORTS ACADEMY?
The employer identification number (EIN) of BALANCE 180 GYMNASTICS AND SPORTS ACADEMY is 45-4642781.
Is BALANCE 180 GYMNASTICS AND SPORTS ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to BALANCE 180 GYMNASTICS AND SPORTS ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BALANCE 180 GYMNASTICS AND SPORTS ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BALANCE 180 GYMNASTICS AND SPORTS ACADEMY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BALANCE 180 GYMNASTICS AND SPORTS ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BALANCE 180 GYMNASTICS AND SPORTS ACADEMY?
The 990 for the year ended December 31, 2024 names CARSTEN SCHMALFUSS.
Who are the officers and directors of BALANCE 180 GYMNASTICS AND SPORTS ACADEMY?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does BALANCE 180 GYMNASTICS AND SPORTS ACADEMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,418,325, expenses of $1,543,561 and total assets of $2,860,767 at year end.

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