Overview
What is Temecula Valley Gymnastics Assoc?
Temecula Valley Gymnastics Assoc is a nonprofit organization dedicated to promoting amateur gymnastics. Their primary mission involves organizing national competitions and providing ongoing training opportunities for its members. To further support their cause, the association offers scholarship programs to benefit its members financially. By offering these comprehensive services, Temecula Valley Gymnastics Assoc aims to nurture the talent and passion for gymnastics within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Star rating)
Temecula Valley Gymnastics Association has received a Two-Star rating from Charity Navigator, indicating a moderate level of transparency and accountability. The rating is based solely on the Accountability & Finance score, which stands at 60%. This score reflects several areas of concern, particularly the lack of independent board members and missing essential policies, which are critical for good governance and accountability.
The organization demonstrates strong financial management, with a program expense ratio of 93.55%. This indicates that a significant portion of its expenses goes directly toward its programs. Additionally, the association has no material diversion of assets, which is a positive indicator of fiscal responsibility. However, the absence of a conflict of interest policy and a whistleblower policy is a notable weakness that raises concerns about governance practices.
Overall, while the Temecula Valley Gymnastics Association shows commendable financial stewardship, the lack of independent oversight and missing policies highlight areas for improvement. Strengthening governance measures could enhance the organization's credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Temecula Valley Gymnastics Assoc legitimate?
Temecula Valley Gymnastics Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Temecula Valley Gymnastics Assoc 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Temecula Valley Gymnastics Assoc?
The Temecula Valley Gymnastics Association's mission is centered around promoting amateur gymnastic competitions on a national level. They achieve this through continuous training and competitive events. The association also extends scholarships to its members as part of their commitment to fostering gymnastics. In essence, their goal is to cultivate a thriving gymnastics community through national competitions and ongoing training opportunities.
Who is the CEO of Temecula Valley Gymnastics Assoc?
Lissy Koser is the President of Temecula Valley Gymnastics Assoc.
What is the revenue of Temecula Valley Gymnastics Assoc?
Temecula Valley Gymnastics Assoc's revenue in 2023 was $15,603.
Who are the executives of Temecula Valley Gymnastics Assoc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Temecula Valley Gymnastics Assoc?
Temecula Valley Gymnastics Assoc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Temecula Valley Gymnastics Assoc
Temecula Valley Gymnastics Association, in its mission, is committed to promoting amateur gymnastics competitions on a national level. This nonprofit organization achieves this goal by consistently engaging in national competitions and providing continual training opportunities for its members. As part of its mission, Temecula Valley Gymnastics Association also offers scholarship programs to benefit its members, further enabling their participation in gymnastics activities.
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Impact
October, 2024
Temecula Valley Gymnastics Association significantly impacts the local community by promoting amateur gymnastics through structured competition and ongoing training. The organization provides athletes with opportunities to participate in national competitions, helping them develop their skills and showcase their talents on a larger stage.
In addition to competitive training, the association offers scholarships to benefit its members, ensuring that financial barriers do not prevent young gymnasts from pursuing their passion. This commitment to accessibility and support fosters a diverse and inclusive environment where athletes can thrive.
By creating a robust gymnastics program, Temecula Valley Gymnastics Association not only enhances the physical abilities of its participants but also instills valuable life skills such as discipline, teamwork, and resilience. Thus, its impact extends beyond sports, nurturing well-rounded individuals who contribute positively to the community.
This information is meant to be a general summary of Temecula Valley Gymnastics Assoc. 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.
- Gross Receipts: $36,262
Assets and Liabilities:
- Total Assets: $7,641
- Total Liabilities: $0
- Net Assets: $7,641
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Organization Details
Founding Year
1989
Principal Officer
Lissy Koser
Main Address
27315 Jefferson Ave STE J-132, Temecula, CA, 92590
NTEE Category
Code: N60Z - Recreation
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