Overview
What is Mountain Brook Gymnastics Foundation Inc?
Mountain Brook Gymnastics Foundation Inc is a nonprofit organization situated in Birmingham, Alabama. With an employee count of 53, they are dedicated to promoting youth gymnastics and fostering healthy development in children. Their services include offering gymnastic classes, organizing birthday parties, and conducting summer camps. During the year, they catered to approximately 875 children, providing them with an engaging and active environment. The foundation serves as a valuable resource for young gymnasts in the community, enhancing their skills and overall wellbeing.
Official website here: www.mountainbrookgymnastics.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 66%)
Mountain Brook Gymnastics Foundation Inc has received a two-star rating from Charity Navigator, indicating that while it maintains strong accountability and financial practices, there are significant areas requiring improvement. The organization scores perfectly in several areas, such as having no material diversion of assets and a high program expense ratio of 87.10%, suggesting that most funds are directed towards its intended programs.
However, the foundation faces challenges in governance, as it has no independent board members, which raises concerns about oversight and accountability. Additionally, it lacks financial statements on its website, impacting transparency for potential donors and stakeholders. These shortcomings collectively contribute to the organization's overall rating, signaling the need for improvements in governance and transparency practices to enhance public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Mountain Brook Gymnastics Foundation Inc legitimate?
Mountain Brook Gymnastics Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountain Brook Gymnastics Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $105,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $926,723
For more financial information, click here
Official website here: www.mountainbrookgymnastics.com
What is the mission statement of Mountain Brook Gymnastics Foundation Inc?
The Mountain Brook Gymnastics Foundation Inc's mission is centered around promoting youth gymnastics and fostering healthy development in young individuals. In pursuit of this goal, the organization provides various gymnastic services. This includes offering gymnastic classes, organizing birthday parties, and conducting summer camps. These activities aim to engage and nurture the growth of approximately 875 children annually, thereby promoting their overall well-being.
Official website here: www.mountainbrookgymnastics.com
Who is the CEO of Mountain Brook Gymnastics Foundation Inc?
Jeff O Wise is the Director/President of Mountain Brook Gymnastics Foundation Inc.
Official website here: www.mountainbrookgymnastics.com
What is the revenue of Mountain Brook Gymnastics Foundation Inc?
Mountain Brook Gymnastics Foundation Inc's revenue in 2023 was $1,431,749.
Official website here: www.mountainbrookgymnastics.com
Who are the executives of Mountain Brook Gymnastics Foundation Inc and what are their salaries?
The average compensation at Mountain Brook Gymnastics Foundation Inc during 2023 was $19,473. There are 53 employees and 140 volunteers at Mountain Brook Gymnastics Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $35,120
- Related: $0
- Other: $0
- Compensation: $35,120
- Related: $0
- Other: $0
- Compensation: $35,120
- Related: $0
- Other: $0
Official website here: www.mountainbrookgymnastics.com
Where can I find the form 990 for Mountain Brook Gymnastics Foundation Inc?
Mountain Brook Gymnastics Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mountainbrookgymnastics.com
Learn more at the official website: www.mountainbrookgymnastics.com
Mission Statement of Mountain Brook Gymnastics Foundation Inc
Mountain Brook Gymnastics Foundation Inc is committed to advancing the realm of youth gymnastics and fostering healthy growth in young individuals. The organization's primary mission is centered around promoting gymnastic activities for children, aiming to enhance their overall development. To achieve this goal, Mountain Brook Gymnastics Foundation Inc offers a variety of services, such as youth gymnastic classes, birthday parties, and summer camps. By engaging in these activities, the organization strives to instill a sense of discipline, agility, and confidence in the children they serve. During the past year, the foundation managed to cater to approximately 875 children, demonstrating its dedication and impact on youth development.
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Impact
August, 2024
Mountain Brook Gymnastics Foundation Inc's impact lies in promoting youth gymnastics and fostering healthy development in young individuals. By offering a range of gymnastic services, including classes, birthday parties, and summer camps, the organization has served around 875 children in Birmingham, Alabama. Through its mission to promote youth gymnastics, this foundation is actively contributing to the physical and mental well-being of the youth in the community.
This information is meant to be a general summary of Mountain Brook Gymnastics Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $8,036
- Program Service Revenue: $1,407,111
- Gross Receipts: $1,453,061
Assets and Liabilities:
- Total Assets: $1,047,439
- Total Liabilities: $0
- Net Assets: $1,047,439
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RECREATION CLASSES INC
Revenue
$671,977
TEAM FEES
Revenue
$379,945
CAMP INCOME
Revenue
$177,683
REGISTRATION FEES
Revenue
$93,942
SPECIAL EVENTS
Revenue
$57,779
Organization Details
Founding Year
2005
Phone
(205) 969-4889Principal Officer
Jeff O Wise
Main Address
PO BOX 43267, BIRMINGHAM, AL, 35243
NTEE Category
Code: N60 - Recreation
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