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Balance 180 Gymnastics And Sports Academy Inc

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

EIN: 454642781 ✦ Gainesville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Balance 180 Gymnastics And Sports Academy Inc?

Balance 180 Gymnastics and Sports Academy Inc, located in Gainesville, Florida, is a nonprofit organization dedicated to revolutionizing recreational and competitive sports within its community. With a workforce of 91 individuals, it offers programs tailored for children with special needs and integrates those without special needs. Its partnership with Special Olympics Florida, initiated in 2012, has resulted in a specialized gymnastics program for individuals aged 8 and above with intellectual or developmental disabilities. The program allows participants to train and compete in various gymnastics events, aiming to enhance their motor, cognitive, and social skills. Balance 180's mission extends beyond gymnastics, promoting inclusivity and catering to the diverse abilities and needs of its young community members.


Official website here: www.balance180.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 72%

Balance 180 Gymnastics and Sports Academy Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas needing improvement, particularly in accountability and finance. The organization has a solid score for independent board members, with 100% of its board being independent, which suggests a strong governance structure. Additionally, it maintains a favorable program expense ratio of 83.26%, indicating a commitment to its mission-related activities.

However, the organization faces significant challenges in financial transparency, as it has not provided financial statements, which has led to a score of zero in that area. Other missing policies, such as a whistleblower policy and a document retention policy, further detract from its accountability rating. While the lack of material diversion of assets is a positive aspect, the absence of critical documentation affects the overall perception of the nonprofit's governance and financial health.


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

Is Balance 180 Gymnastics And Sports Academy Inc legitimate?

Balance 180 Gymnastics And Sports Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Balance 180 Gymnastics And Sports Academy 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: $551,474

For more financial information, click here


Official website here: www.balance180.org

What is the mission statement of Balance 180 Gymnastics And Sports Academy Inc?

Balance 180 Gymnastics and Sports Academy Inc aims to establish a novel approach to recreational and competitive sports, catering to children and young individuals with diverse abilities and needs within their community. Their mission is to develop and implement this model, fostering an inclusive environment where children with special needs can participate alongside their peers. The academy offers specialized programs for children with special needs, as well as integrated programs that bring together children with and without special needs. Their partnership with Special Olympics Florida, established in 2012, allows them to offer a gymnastics program for children with intellectual or developmental disabilities, designed to enhance their motor, cognitive, and social skills. The program is tailored to each child's ability level, offering various events for both boys and girls.


Official website here: www.balance180.org

Who is the CEO of Balance 180 Gymnastics And Sports Academy Inc?

Carsten Schmalfuss is the Member of Balance 180 Gymnastics And Sports Academy Inc.


Official website here: www.balance180.org

What is the revenue of Balance 180 Gymnastics And Sports Academy Inc?

Balance 180 Gymnastics And Sports Academy Inc's revenue in 2022 was $1,172,622.


Official website here: www.balance180.org

Who are the executives of Balance 180 Gymnastics And Sports Academy Inc and what are their salaries?

The average compensation at Balance 180 Gymnastics And Sports Academy Inc during 2022 was $6,060. There are 91 employees and 250 volunteers at Balance 180 Gymnastics And Sports Academy Inc.


Here are 10 key members and their salaries:


Susan Stinson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Grow (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Curtis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Yonge (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sobha Jaishankar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Johnson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Buckley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carsten Schmalfuss (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Gleim (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krista Vandenborne (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.balance180.org

Where can I find the form 990 for Balance 180 Gymnastics And Sports Academy Inc?

Balance 180 Gymnastics And Sports Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.balance180.org

Learn more at the official website: www.balance180.org

Mission Statement of Balance 180 Gymnastics And Sports Academy Inc

Balance 180 Gymnastics and Sports Academy Inc is committed to revolutionizing the landscape of recreational and competitive sports within their community. Their mission is centered around serving children and young people with diverse abilities and needs. This organization strives to create a unique model that caters to a wide range of talents and capabilities, ensuring inclusivity and equality in sports participation.

To achieve this, Balance 180 offers specialized programs for children with special needs, as well as integrated programs that welcome both children with and without special needs. One of their notable initiatives is the partnership with Special Olympics Florida for their gymnastics program. This program is specifically designed for children aged 8 and above with intellectual or developmental disabilities. It allows them to train and compete in various gymnastics events, thereby promoting their motor, cognitive, and social skills. The program is tailored to each child's ability level, ensuring a nurturing and supportive environment for their growth.

In essence, Balance 180 Gymnastics and Sports Academy Inc is dedicated to fostering an inclusive and empowering sports community. Their mission is to provide opportunities for children with varying abilities to participate in sports, encouraging development and personal growth in a safe and supportive environment.

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Impact




July, 2024

Balance 180 Gymnastics And Sports Academy Inc has made a significant impact by providing inclusive sports instruction programs for children and young people with varying abilities and needs. Through partnerships with organizations like Special Olympics Florida, Balance 180 offers specialized gymnastics programs that cater to individuals with intellectual or developmental disabilities. These programs aim to enhance participants' motor, cognitive, and social skills, while promoting inclusivity and diversity in sports.

By offering a new model for recreational and competitive sports within the community, Balance 180 has created opportunities for all children to participate in physical activities, regardless of their abilities. This inclusive approach not only benefits the participants directly involved but also promotes a culture of acceptance and support within the broader community. The impact of Balance 180's programs extends beyond the gymnasium, fostering growth, confidence, and social connections among participants of all backgrounds.




This information is meant to be a general summary of Balance 180 Gymnastics And Sports Academy 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
$1,172,622 (2022)
Expenses
$806,133 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,055,608
  • Gross Receipts: $1,182,809

Assets and Liabilities:

  • Total Assets: $2,529,152
  • Total Liabilities: $1,302,105
  • Net Assets: $1,227,047

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Programs

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

SPORTS INSTRUCTION

Revenue

$1,055,608

Organization Details

Founding Year

2012

Principal Officer

Carsten Schmalfuss

Main Address

3119 NW 57TH TERRACE, GAINESVILLE, FL, 32606

NTEE Category

Code: N60 - Recreation

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