USA Gymnastics reports $267,141 net loss for February period

By Sarah Lizee

Olympia, Wash., March 23 – USA Gymnastics reported a $267,141 net loss on $1.02 million of total revenue for the Feb. 1 through Feb. 28 period, according to its monthly operating reported filed Monday with the U.S. Bankruptcy Court for the Southern District of Indiana.

The organization had $9.14 million of cash at the end of the month.

The Indianapolis-based gymnastics organization filed bankruptcy on Dec. 5, 2018 under Chapter 11 case number 18-09108.

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