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Marvateens Gymnastics Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237209537 ✦ Knoxville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Marvateens Gymnastics Inc?

Marvateens Gymnastics Inc, located at 532 Prospect Hill Road, Knoxville, Maryland 21758, is a nonprofit organization committed to fostering the development of competitive gymnasts. Their mission involves providing education and training, enabling participants to excel in gymnastics at various levels, including local, state, regional, national, and international competitions. This nonprofit organization is dedicated to nurturing the skills and talents of aspiring gymnasts, providing them with the necessary tools to compete at the highest levels.


Official website here: www.none

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating indicates a moderate level of transparency and accountability in Marvateens Gymnastics Inc. The overall score is heavily influenced by the Accountability & Finance beacon, showing that the organization puts significant emphasis on managing its financial resources responsibly.

One of the strengths of Marvateens Gymnastics Inc is its fully independent board, which scored a perfect 10 out of 10. Additionally, there were no instances of material diversion of assets, reinforcing the charity's commitment to its mission. The organization also maintains a high program expense ratio of 85.40%, suggesting that most of its resources are focused on direct programming rather than administrative costs.

However, there are some limitations noted in the evaluation. The absence of key policies, such as a conflict of interest policy and a whistleblower policy, reflects areas where the organization could improve its governance framework. These missing elements may raise concerns about operational transparency and protection for individuals within the organization. Overall, while Marvateens Gymnastics Inc shows solid financial management, enhancing governance policies could further strengthen its accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Marvateens Gymnastics Inc legitimate?

Marvateens Gymnastics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marvateens Gymnastics 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.none

What is the mission statement of Marvateens Gymnastics Inc?

Marvateens Gymnastics Inc is committed to providing education and training for individuals interested in competitive gymnastics at various levels. This encompasses local, state, regional, national, and international competitions. Their mission is to equip participants with the necessary skills and knowledge to excel in their gymnastics journey, no matter the stage. The organization focuses on providing comprehensive training programs to foster growth and development in competitive gymnastics.


Official website here: www.none

Who is the CEO of Marvateens Gymnastics Inc?

Michael Dileo is the Level Representative of Marvateens Gymnastics Inc.


Official website here: www.none

What is the revenue of Marvateens Gymnastics Inc?

Marvateens Gymnastics Inc's revenue in 2021 was $21,834.


Official website here: www.none

Who are the executives of Marvateens Gymnastics Inc and what are their salaries?

There 4 volunteers at Marvateens Gymnastics Inc.


Here are 5 key members and their salaries:


Lizzy Menard (Level Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taneisha King (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Hart (Level Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Dileo (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Marvateens Gymnastics Inc?

Marvateens Gymnastics Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Marvateens Gymnastics Inc

Marvateens Gymnastics Inc is dedicated to providing education and training for individuals interested in competitive gymnastics at various levels. Their mission extends beyond the local scene, aiming to prepare participants for competitions at the state, regional, national, and even international levels. By offering comprehensive training programs, Marvateens Gymnastics Inc empowers athletes to reach their full potential in this dynamic sport.

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Impact




October, 2024

Marvateens Gymnastics Inc significantly impacts the community by providing comprehensive education and training for participants at all levels of competitive gymnastics. Located in Knoxville, MD, it fosters a nurturing environment where athletes can develop their skills, discipline, and passion for the sport.

By facilitating training sessions that cater to local, state, regional, national, and international levels, Marvateens helps young gymnasts reach their potential while instilling key values such as teamwork, perseverance, and self-confidence. The organization contributes to the growth of competitive gymnastics within the region, inspiring athletes to aim high in their pursuits.

Additionally, the focus on education and skill development prepares participants not only for competitions but also for life beyond gymnastics, encouraging healthy lifestyles, personal growth, and community engagement. Marvateens Gymnastics Inc plays a crucial role in shaping the futures of its athletes and enhancing the overall recreational landscape in Knoxville and surrounding areas.




This information is meant to be a general summary of Marvateens Gymnastics 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.

Revenue
$21,834 (2021)
Expenses
$34,699 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $5
  • Program Service Revenue: $20,325
  • Gross Receipts: $24,489

Assets and Liabilities:

  • Total Assets: $3,691
  • Total Liabilities: $0
  • Net Assets: $3,691

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL ASSESSMENTS

Revenue

$20,325

Organization Details

Founding Year

1971

Principal Officer

Michael Dileo

Main Address

532 PROSPECT HILL RD, KNOXVILLE, MD, 21758

Website

www.none

NTEE Category

Code: N6XZ - Recreation

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