Set-10 INC FY2023 filing

Not tax-deductible

Fort Wayne, IN501(c)(7)Since 1990EIN 35-1803754Revenue $450K in FY2023

On file with the IRS920 Incentive Dr, 46825-3276 · Fort Wayne, INTax-exempt since Sep 1992

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Gymnastics training low income children

100¢ of each $1 spent went to programs.
$22K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $13K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$22K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$450K
+68% vs prior year
Spent
$409K
To programs
100%
Net assets
$104K
By yearFY2021–FY2025
Revenue
$450K
FY2023▲ +68%
Tap a bar for its year
Revenue by fiscal year
FY2021$281K
FY2022$267K
FY2023$450K
FY2024$386K
FY2025$386K
Expenses
$409K
FY2023▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2021$260K
FY2022$288K
FY2023$409K
FY2024$354K
FY2025$396K
Net assets
$104K
FY2023▲ +65%
Tap a bar for its year
Net assets by fiscal year
FY2021$84K
FY2022$63K
FY2023$104K
FY2024$136K
FY2025$126K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $409K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $22K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$21,800Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Kristen Hines$21,800$21,800$21,800$20,992$21,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provide gymnastics training for low-income children.

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Provided by the organization

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1 program · in their own filed words · FY2023
01

Elite training to produce high quality gymnasts who compete locally, regionally and nationally and who would not be able to afford such training. This is a sole program of high level coaching over 50 years.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$450K
Ln 12
Fees for servicesLn 2g$450K
Money outPt IX
$409K
Ln 25
Programscol B$409K
Owns and owesPt X
$104K
net assets · Ln 32
Cash and savingsLn 1–2$66K
Total assetsLn 16$104K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$450K
Total revenueLn 12$450K
Assets in detailPt X, end of year
CashLn 1$66K
Cash and savings togetherLn 1–2$66K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$104K
LiabilitiesLn 26$0
Net assetsLn 32$104K
OperationsPt I, VI
EmployeesI 513
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$40K$66K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$63K$104K
LiabilitiesLn 26$0$0
Net assetsLn 32$63K$104K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4K$4K
Benefits paid to or for membersLn 4$212K$212K
Pay of current officers, directors and key staffLn 5$22K$22K$0$0
Other salaries and wagesLn 7$56K$56K$0$0
Payroll taxesLn 10$6K$6K$0$0
Accounting feesLn 11c$5K$5K$0$0
Office expensesLn 13$18K$18K$0$0
OccupancyLn 16$87K$87K$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
Other expenses (24a–d)Ln 24$18$18$0$0
Total functional expensesLn 25$409K$409K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $386K$396K−$10K$126K 990 PDF
FY2024 $386K$354K$32K$136K 990 PDF
FY2023 Viewing $450K$409K$41K$104K 990 PDF
FY2022 $267K$288K−$21K$63K 990 PDF
FY2021 $281K$260K$21K$84K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $449,928 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $267,333$449,928
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $267,333$449,928
I-13 Grants and similar amounts paidPrior year $2,000$4,000
I-14 Benefits paid to membersPrior year $131,933$212,348
I-15 Salaries and benefitsPrior year $73,291$83,591
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $81,231$108,886
I-18 Total expensesPrior year $288,455$408,825
I-19 Revenue less expensesPrior year −$21,122$41,103
Part VI · Governance 1 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $449,928 across 1 lines filed
Lines not itemized here account for $449,928 of total revenue; see the IRS return.
VIII-12 Total revenueRelated to mission $449,928 · Unrelated business $0 · Excluded from tax $0$449,928
Part IX · Statement of functional expenses $408,825 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $4,000$4,000
IX-4 Benefits paid to or for membersPrograms $212,348$212,348
IX-5 Pay of current officers, directors and key staffPrograms $21,800 · Management $0 · Fundraising $0$21,800
IX-7 Other salaries and wagesPrograms $55,508 · Management $0 · Fundraising $0$55,508
IX-10 Payroll taxesPrograms $6,283 · Management $0 · Fundraising $0$6,283
IX-11c Accounting feesPrograms $4,727 · Management $0 · Fundraising $0$4,727
IX-13 Office expensesPrograms $17,585 · Management $0 · Fundraising $0$17,585
IX-16 OccupancyPrograms $86,556 · Management $0 · Fundraising $0$86,556
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Programs $18 · Management $0 · Fundraising $0$18
IX-25 Total functional expensesPrograms $408,825 · Management $0 · Fundraising $0$408,825
Part X · Balance sheet $103,865 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $39,636$65,618
X-4 Accounts receivableStart of year $23,126$38,247
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $62,762$103,865
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $62,762$103,865
X-33 Total liabilities and net assetsStart of year $62,762$103,865
Part XI · Reconciliation of net assets $103,865 net assets at year end
XI-1 Total revenue$449,928
XI-2 Total expenses$408,825
XI-3 Revenue less expenses$41,103
XI-4 Net assets at start of year$62,762
XI-10 Net assets at end of year$103,865

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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