Many years of competitive gymnastics for me followed by many years of coaching level 4 (I didn't want to coach anything more serious). Like many have said, gyms don't make money off teams. The cost per hour is way less and the coaches are paid way more.
Here, through level 4, you only get participation ribbons. I think it is a USAG rule, but I r been out of the loop for a while. At level 5, the get participation ribbons and placement ribbons. At level 6, just ribbons for placement.
Glad she loved it! I spent many hours on the gym and would change it for anything even though it was a huge commitment from my family.