Overview
What is Parkette National Gymnastic Team Inc?
Parkette National Gymnastic Team Inc, situated in Allentown, Pennsylvania, is a dedicated nonprofit organization that offers top-notch gymnastics training to over 1200 local children. The primary objective of this organization is to provide an enjoyable and enriching experience for children, regardless of their age, financial status, mental abilities, or physical capabilities. The team's mission is to foster a sense of belonging and promote physical fitness, coordination, strength, and flexibility among its young athletes. The Parkettes are committed to providing a comprehensive range of programs that cater to various stages of youth development, starting from pre-school classes and extending to advanced team programs. These programs offer young athletes the potential to achieve national, international, and even Olympic recognition. Furthermore, the organization provides specialized programs for children with unique physical, mental, or emotional needs, enabling them to gain physical benefits and boost their confidence through the sport of gymnastics. The Parkettes create an environment that emphasizes the importance of physical fitness, including strength, balance, flexibility, and coordination. They also value a disciplined training regimen that enhances any athletic endeavor, providing a holistic learning experience for their athletes.
Official website here: www.parkettes.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Parkette National Gymnastic Team Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance mainly in the area of Accountability & Finance. With a score of 88%, the organization demonstrates a commitment to financial integrity and effective governance, highlighted by its high percentage of independent board members and strong financial oversight procedures.
The nonprofit excels in areas such as material diversion of assets, financial statement audits, and maintaining a low liabilities to assets ratio. The program expense ratio of 76.70% suggests that a significant portion of its budget is allocated directly to its programs, reflecting a focus on its mission-driven activities. However, there are areas for improvement, particularly concerning missing policies related to whistleblowing and document retention.
While Parkette National Gymnastic Team Inc has shown strengths in various governance aspects, the absence of certain policies and the missing tax form on its website may raise concerns about transparency. Addressing these gaps could enhance its credibility and further bolster its standing with stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Parkette National Gymnastic Team Inc?
90% of 409 reviewers on Facebook recommend Parkette National Gymnastic Team Inc. Here's a summary of their reviews:
Many positive experiences highlight the dedication and commitment of the coaches and the quality of training received. Families appreciate the supportive environment and the opportunities for their children to excel in gymnastics. The sense of community and friendship among gymnasts and their families also stands out, making the experience enjoyable for many participants.
However, there are critical voices that express serious concerns regarding coaching practices within elite programs. Some individuals recount troubling experiences involving harsh coaching methods and a lack of support, particularly during recovery from injuries. These negative accounts suggest a divide in the experiences of gymnasts, especially those who pursue the elite path, raising questions about the overall well-being of young athletes.
In summary, while many find value and positive outcomes from their time at Parkette National Gymnastic Team, others have encountered significant challenges that may impact their developmental experience in the sport.
This AI summary has been generated from reviews found on Facebook.
Is Parkette National Gymnastic Team Inc legitimate?
Parkette National Gymnastic Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkette National Gymnastic Team 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: $152,275
Professional Fundraising Fees: $0
Other Salaries and Wages: $983,432
For more financial information, click here
Official website here: www.parkettes.com
What is the mission statement of Parkette National Gymnastic Team Inc?
The Parkette National Gymnastic Team Inc is established with the aim of offering gymnastics opportunities to all children, regardless of age, financial status, mental, or physical abilities. The organization is committed to providing programs that cater to various stages of youth development, starting from preschool classes and extending to advanced team programs, potentially leading to national, international, and Olympic recognition. Additionally, they offer specialized programs for children with special physical, mental, or emotional needs, enabling them to gain physical benefits and boost their inner confidence through gymnastics. The team provides an environment that emphasizes the importance of physical fitness, including aspects like strength, balance, flexibility, and coordination. They also value a disciplined training regimen that enhances any athletic pursuit. The learning experience offered by the team focuses on personal growth and development.
Official website here: www.parkettes.com
Who is the CEO of Parkette National Gymnastic Team Inc?
William Strauss is the President /C of Parkette National Gymnastic Team Inc.
Official website here: www.parkettes.com
What is the revenue of Parkette National Gymnastic Team Inc?
Parkette National Gymnastic Team Inc's revenue in 2022 was $2,355,294.
Official website here: www.parkettes.com
Who are the executives of Parkette National Gymnastic Team Inc and what are their salaries?
The average compensation at Parkette National Gymnastic Team Inc during 2022 was $17,208. There are 66 employees and 100 volunteers at Parkette National Gymnastic Team Inc.
Here are 7 key members and their salaries:
- Compensation: $102,440
- Related: $0
- Other: $494
- Compensation: $97,500
- Related: $0
- Other: $494
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.parkettes.com
Where can I find the form 990 for Parkette National Gymnastic Team Inc?
Parkette National Gymnastic Team Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parkettes.com
Learn more at the official website: www.parkettes.com
Mission Statement of Parkette National Gymnastic Team Inc
The Parkette National Gymnastic Team Inc is dedicated to providing an opportunity for all boys and girls, regardless of age, financial status, mental, or physical abilities, to experience the joy and benefits of gymnastics. This organization strives to create a family atmosphere for its athletes, fostering their growth and development from pre-school classes all the way up to team programs with the potential for achieving national, international, and even Olympic recognition.
Additionally, Parkette National Gymnastic Team Inc offers specialized programs for children with unique physical, mental, or emotional needs. Through gymnastics, these children can gain physical benefits and build inner confidence. The team is committed to promoting physical fitness, emphasizing aspects such as strength, balance, flexibility, and coordination. They also value a disciplined training regimen that enhances any athletic endeavor. The learning experience offered by Parkette National Gymnastic Team Inc places emphasis on personal growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Parkette National Gymnastic Team Inc fosters a welcoming and inclusive environment for children of all ages and abilities to engage in gymnastics. The organization provides over 1,200 local children with opportunities to develop physical fitness, coordination, strength, and flexibility through varied programs, beginning with preschool classes and advancing to competitive teams.
Their initiatives are designed not only for recreational enjoyment but also to nurture the potential of young athletes, some of whom may aspire to achieve national, international, or Olympic recognition. A key aspect of their impact lies in their commitment to inclusivity, offering specialized programs for children with physical, mental, or emotional needs, allowing them to gain confidence and physical benefits through gymnastics.
In addition to promoting physical fitness, Parkette emphasizes the importance of discipline and dedication, which are essential attributes for any athletic endeavor. This holistic approach to youth development cultivates a sense of community, empowering children to experience the joy of gymnastics while also instilling valuable life skills that extend beyond the gym.
This information is meant to be a general summary of Parkette National Gymnastic Team 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: $13,071
- Program Service Revenue: $2,239,054
- Gross Receipts: $2,445,828
Assets and Liabilities:
- Total Assets: $2,230,871
- Total Liabilities: $321,190
- Net Assets: $1,909,681
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES
Revenue
$1,963,638
MEETS AND EXIBITIONS
Revenue
$275,416
Organization Details
Founding Year
1974
Phone
(610) 433-0011Principal Officer
William Strauss
Main Address
401 MARTIN LUTHER KING JR DRIVE, ALLENTOWN, PA, 18106
Website
www.parkettes.comNTEE Category
Code: N6XZ - Recreation
If you are a representative of Parkette National Gymnastic Team Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.