Gym Rats Inc
Donations deductibleRevenue
$164k
year to 31 December 2025
Expenses
$168k
year to 31 December 2025
Total assets
$2k
$50k liabilities
Net assets
Minus $48k
assets less liabilities
Directors and trustees
3
8.1 years on average
Staff
0
20 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
2
named in Part VII
Gym Rats Inc's network
3 peoplei3 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Christopher Ponce | Director | 2018 | 8 yrs |
| Mark Burks | Director | 2019 | 7 yrs |
| William T Hensley | CEO | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
2 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Jared Quarles | President | since 2019 |
| Nancy Czuk | Secretary/Treasurer | since 2019 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| William T Hensley | President and CEO | 10 | $0 | ||
| Jared Quarles | Director | 10 | $0 | ||
| James Hensley | Director | 10 | $0 | ||
| Shawn Teague | Director | 10 | $0 | ||
| Austin Etherington | Director | 10 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Gym Rats Inc
- EIN
- 351909952
- Address
- Po Box 80640, Fort Wayne, IN, 46898-0640
- State
- Indiana
- Mission
- Gym rats inc. Is a not-for-profit youth basketball organization with the purpose of providing an organized structure for youths to compete in basketball at all skill levels. Gym rats inc uses basketball to help build character, make academics a priority, and build valuable life skills to create positive contributors in our communities. (as filed on the Form 990)
- Activity (NTEE)
- N62Z Recreation and sports
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Recreation & Sports
- Size band
- 1 (IRS master file code)
- Formed
- 1994
- Principal officer
- William T Hensley (as named on the Form 990)
- IRS ruling date
- 1 April 1996
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsChristopher Ponce
≥8years on the filingsWilliam T Hensley
≥7years on the filingsMark Burks
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $2k
- Total liabilities
- $50k
- Net assets or fund balances
- Minus $48k
- Contributions and grants received
- $164k
- Program service revenue
- $0
- Employees
- 0
- Volunteers
- 20
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $114k | $122k | Deficit $8k |
As filed on the IRS Form 990. US dollars.