Overview
What is Us Gymnastics Development Center Parents Association Inc?
Us Gymnastics Development Center Parents Association Inc, situated in Mahwah, New Jersey, is a nonprofit organization primarily focused on fundraising efforts. Their mission lies in supporting the competitive boys and girls gymnastics teams of the United States Gymnastics Development Center. This support is achieved through various means, including hosting events such as the Greater New York Invitational Gymnastics Meet, which is a significant source of revenue for their cause. The organization's activities are geared towards ensuring the success and growth of these gymnastics teams, contributing to the development of talented young athletes in the sport.
Official website here: www.tinyurl.com/usgympa
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Us Gymnastics Development Center Parents Association Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 56% raises red flags, particularly due to the lack of independent board members and missing essential governance policies, including conflict of interest and whistleblower policies.
Despite these shortcomings, the organization does exhibit strong financial management in some areas, such as a high program expense ratio of 99.59%, which suggests that the majority of its funds are directed towards programs rather than administrative costs. Additionally, there are no material diversions of assets reported, indicating a level of financial integrity in that regard.
However, the absence of key governance documents, including the nonprofit's tax form on its website, diminishes transparency and raises questions about oversight. Prospective donors and stakeholders should consider these factors when evaluating the organization's effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Us Gymnastics Development Center Parents Association Inc legitimate?
Us Gymnastics Development Center Parents Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Us Gymnastics Development Center Parents Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tinyurl.com/usgympa
What is the mission statement of Us Gymnastics Development Center Parents Association Inc?
The United States Gymnastics Development Center Parents Association Inc's mission revolves around raising funds to support the competitive gymnastics teams. This non-profit organization seeks to provide financial assistance to both the boys' and girls' teams within the United States Gymnastics Development Center. They achieve this mission through various means, including hosting events such as the Greater New York Invitational Gymnastics Meet, which generates proceeds for their cause. The main objective of the association is to ensure the continued success and growth of these talented gymnasts.
Official website here: www.tinyurl.com/usgympa
Who is the CEO of Us Gymnastics Development Center Parents Association Inc?
Mandie Chafong is the President of Us Gymnastics Development Center Parents Association Inc.
Official website here: www.tinyurl.com/usgympa
What is the revenue of Us Gymnastics Development Center Parents Association Inc?
Us Gymnastics Development Center Parents Association Inc's revenue in 2022 was $69,172.
Official website here: www.tinyurl.com/usgympa
Who are the executives of Us Gymnastics Development Center Parents Association Inc and what are their salaries?
There 162 volunteers at Us Gymnastics Development Center Parents Association Inc.
Here are 8 key members and their salaries:
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Official website here: www.tinyurl.com/usgympa
Where can I find the form 990 for Us Gymnastics Development Center Parents Association Inc?
Us Gymnastics Development Center Parents Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tinyurl.com/usgympa
Learn more at the official website: www.tinyurl.com/usgympa
Mission Statement of Us Gymnastics Development Center Parents Association Inc
The United States Gymnastics Development Center Parents Association Inc, in essence, is a dedicated organization aimed at raising funds. Their primary mission is to support the competitive gymnastics teams of the United States Gymnastics Development Center. By hosting events such as the Greater New York Invitational Gymnastics Meet, they generate funds to ensure the success and growth of these teams. Their commitment to raising funds is instrumental in providing the necessary resources for the boys and girls teams to excel in their competitive gymnastics endeavors.
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Impact
August, 2024
The Us Gymnastics Development Center Parents Association Inc directly supports the competitive gymnastics teams of the United States Gymnastics Development Center through fundraising efforts. By hosting events like the Greater New York Invitational Gymnastics Meet, they raise crucial funds to provide resources and support for young athletes in their pursuit of excellence in the sport. Their impact is evident in the opportunities and assistance they offer to both boys and girls participating in competitive gymnastics, fostering talent and dedication within the community.
This information is meant to be a general summary of Us Gymnastics Development Center Parents Association 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 2022.
- Investment Income: $18
- Program Service Revenue: $69,154
- Gross Receipts: $69,172
Assets and Liabilities:
- Total Assets: $88,740
- Total Liabilities: $0
- Net Assets: $88,740
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS AND FUNDRAISI
Revenue
$69,154
Organization Details
Founding Year
1990
Phone
(201) 891-9332Principal Officer
Mandie Chafong
Main Address
6 LEIGHTON PLACE, MAHWAH, NJ, 07430
Website
www.tinyurl.com/usgympaNTEE Category
Code: N40 - Recreation
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