Overview
What is Gym Parents Inc?
Gym Parents Inc, based in Lancaster, Pennsylvania, is a nonprofit organization primarily focused on gymnastic athletics. Their mission involves preparing and training young gymnasts, organizing meets for approximately 187 athletes, and supporting their families, which number around 179. The organization actively participates in various fundraisers to help reduce membership fees for the families. Additionally, they coordinate two home meets annually. Gym Parents Inc's activities fall under the realm of education, fostering the growth and development of young gymnasts.
Official website here: www.teamprestigegpib.weebly.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Gym Parents Inc has achieved an overall score of 88%, indicative of a strong performance in Accountability and Finance. The charity's accountability measures are robust, with a fully independent board and high scores in areas such as financial statements and the absence of material diversion of assets. The organization has demonstrated commitment to transparency, as evidenced by the appropriate listing of its website on tax forms and adherence to conflict of interest policies.
However, there are areas where improvements could be made, particularly in governance policies. The charity is noted to be missing a whistleblower policy and document retention and destruction policy, which may raise concerns regarding its internal controls and risk management. Despite these limitations, Gym Parents Inc maintains a commendable program expense ratio of 98.31%, suggesting that a significant majority of its resources are directed toward fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Gym Parents Inc legitimate?
Gym Parents Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gym Parents 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.teamprestigegpib.weebly.com
What is the mission statement of Gym Parents Inc?
Gym Parents Inc, as an organization, is dedicated to the realm of gymnastic athletics, specifically focusing on the preparation and training of gymnasts. Their mission encompasses overseeing gymnastic meets as well. They cater to approximately 187 gymnasts and their families, offering support through various fundraisers and coordinating two home meets annually to help reduce membership fees for the families.
Official website here: www.teamprestigegpib.weebly.com
Who is the CEO of Gym Parents Inc?
Sarah Vanderplate is the President of Gym Parents Inc.
Official website here: www.teamprestigegpib.weebly.com
What is the revenue of Gym Parents Inc?
Gym Parents Inc's revenue in 2022 was $586,648.
Official website here: www.teamprestigegpib.weebly.com
Who are the executives of Gym Parents Inc and what are their salaries?
There 20 volunteers at Gym Parents Inc.
Here are 9 key members and their salaries:
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Official website here: www.teamprestigegpib.weebly.com
Where can I find the form 990 for Gym Parents Inc?
Gym Parents Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teamprestigegpib.weebly.com
Learn more at the official website: www.teamprestigegpib.weebly.com
Mission Statement of Gym Parents Inc
Gym Parents Inc, a nonprofit organization, is dedicated to the realm of gymnastic athletics. Their primary mission is to prepare and train aspiring gymnasts, as well as oversee the organization and hosting of gymnastic meets. This initiative caters to approximately 187 gymnasts, hailing from 179 families. In addition to their training programs, Gym Parents Inc plays a crucial role in managing various fundraisers and coordinating two home meets annually. These events help in mitigating the membership fees for participating families.
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Impact
July, 2024
Gym Parents Inc has a significant impact on the community by providing education and training in gymnastics to approximately 187 gymnasts from 179 families in Lancaster, PA. Through their program, they not only help develop young gymnasts' skills but also organize and facilitate gymnastic meets. By administering various fundraisers and coordinating home meets, the organization works to offset membership fees for families, making gymnastics more accessible to a wider range of participants. Overall, Gym Parents Inc plays a vital role in promoting recreation and athletic development in the local community.
This information is meant to be a general summary of Gym Parents 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: $819
- Program Service Revenue: $509,120
- Gross Receipts: $658,117
Assets and Liabilities:
- Total Assets: $215,153
- Total Liabilities: $0
- Net Assets: $215,153
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GYMASTICS AND MEET INC
Revenue
$366,008
MEET FEES
Revenue
$143,112
Organization Details
Founding Year
1992
Phone
(717) 380-1833Principal Officer
Sarah Vanderplate
Main Address
3549-A HEMPLAND ROAD, LANCASTER, PA, 17601
NTEE Category
Code: N30 - Recreation
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