Indiana · Nonprofit
GYM RATS INC
GYM RATS INC (Indiana) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being Lafferman Family Foundation ($5,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $114k
- Funders on record
- 1
- Grants received
- $5k
- Net assets
- $-44163
What Gym Rats Inc does
Mission
Gym Rats Inc. Exists to provide a teaching and learning forum to establish foundational core values for youth participants ages 5-19 and adult coaches to become positive influences within their communities. Our mission is to empower the youth of today by instilling life-lessons and a healthy sense of self-respect, emotional and physical well-being, work ethic, confidence, respect for community, and commitment through the sport of basketball.
As stated on its FY2024 Form 990.
Program
The organization provides equipment and qualified instructors and organizes basketball tournaments for boys age 10-19 in order to teach basketball to build character, make academics a priority, and build valuable life skills to create positive contributors in our communities.
$164,543 spent100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $164,543.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $405k to $128k (−68%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of GYM RATS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
William T Hensley
President and CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of GYM RATS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
GYM RATS INC draws 100% of its grant income from funders outside Indiana, across 1 state in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GYM RATS INC's revenue fell 87% between 2017 and 2024.
this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024
Organizations like GYM RATS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
27%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Gym Rats LLC · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for GYM RATS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GYM RATS INC?
- GYM RATS INC (Indiana) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being Lafferman Family Foundation ($5,000). 0 of them have funded it in more than one year.
- How many funders does GYM RATS INC have?
- IRS filings report 1 organization giving $5,000 in grants to GYM RATS INC.
- Who is the largest funder of GYM RATS INC?
- Lafferman Family Foundation is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
- How can an organization like GYM RATS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing