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Gym Rats Inc

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

EIN: 351909952 ✦ Fort wayne, IN ✦ Designated as a 501(c)(3)

Overview

What is Gym Rats Inc?

Gym Rats Inc is a nonprofit organization situated in Fort Wayne, Indiana. Their primary focus is to encourage the sport of basketball among boys aged 10-19, simultaneously fostering character development and aiming to decrease juvenile delinquency. Through organized basketball tournaments, they provide essential equipment and qualified instructors. The organization's mission extends beyond teaching basketball skills; it also aims to instill core values such as self-respect, emotional and physical well-being, work ethic, confidence, respect for community, and commitment in youth participants and adult coaches. This is done in an attempt to empower the youth and transform them into positive influences in their communities.


Is Gym Rats Inc legitimate?

Gym Rats Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gym Rats 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.

Here 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


What is the mission statement of Gym Rats Inc?
Who is the CEO of Gym Rats Inc?
What is the revenue of Gym Rats Inc?
Who are the executives of Gym Rats Inc and what are their salaries?
Where can I find the form 990 for Gym Rats Inc?

Mission Statement of Gym Rats Inc

Gym Rats Inc, a nonprofit organization, is dedicated to educating children in the sport of basketball while simultaneously fostering character development and reducing juvenile delinquency. Their mission is to establish a teaching and learning environment that instills fundamental core values in youth participants between the ages of 5 and 19, as well as adult coaches. By doing so, Gym Rats Inc aims to empower the youth of today, instilling in them a sense of self-respect, emotional and physical well-being, work ethic, confidence, respect for community, and commitment. This is achieved through the medium of basketball, enabling these individuals to become positive influences within their communities. The organization's objective is to transform these young people into responsible and respectful members of society, equipped with the necessary life skills to navigate their personal and professional lives successfully.

Impact

This information is meant to be a general summary of Gym Rats Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Gym Rats Inc's impact is significant in the community of Fort Wayne, Indiana. By providing a platform for teaching children the sport of basketball while emphasizing character building and reducing juvenile delinquency, Gym Rats Inc is positively influencing the lives of youth participants aged 5-19 and adult coaches. Through the organization's efforts in organizing basketball tournaments, providing equipment, and qualified instructors, they are empowering the youth by instilling essential life lessons, self-respect, work ethic, confidence, and respect for the community. The mission of Gym Rats Inc to create positive influences within communities through basketball is helping to shape the future leaders of tomorrow.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $2,234,385

    • Assets and Liabilities:
  • Total Assets: $64,352
  • Total Liabilities: $0
  • Net Assets: $64,352
  • Organization Details

    Founding Year

    1994

    Principal Officer

    William T Hensley

    Main Address

    PO BOX 80640, FORT WAYNE, IN, 46898

    NTEE Category

    Code: N62Z - Recreation

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