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Gymnastics Club Inc

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

EIN: 521053589 ✦ Bartlesville, OK ✦ Designated as a 501(c)(3)

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Overview

What is Gymnastics Club Inc?

Gymnastics Club Inc, located in Bartlesville, Oklahoma at 1805 SW Adams Blvd, is a dedicated nonprofit organization that aims to educate children in the community through gymnastics. Their primary mission is to instill discipline, character, and physical fitness in the youth of Bartlesville and its surrounding areas. The club employs a team of 45 individuals to facilitate this mission, providing professional gymnastics training. The nonprofit's facilities and personnel are committed to fostering a nurturing environment for children to learn and grow.


Official website here: www.bartlesvillegymnastics.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Gymnastics Club Inc has received a Two-Star rating from Charity Navigator, which indicates some concerns regarding its accountability and financial practices. The organization boasts a solid program expense ratio of 93.15%, meaning a significant portion of its funds directly support its programs. Additionally, it has a fully independent board, demonstrating strong governance with 100% independent members.

Despite these strengths, the organization faces criticism for lacking essential financial transparency features. It did not provide financial statements, and policies regarding whistleblower protections and document retention are missing, which could raise potential governance issues. Furthermore, the tax form is not posted on the nonprofit's website, inhibiting public access to vital financial information. However, the organization has maintained a good liabilities to assets ratio of 0.40%, suggesting it manages its debts responsibly.


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

Is Gymnastics Club Inc legitimate?

Gymnastics Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gymnastics Club 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: $335,149

For more financial information, click here


Official website here: www.bartlesvillegymnastics.org

What is the mission statement of Gymnastics Club Inc?

The Gymnastics Club Inc is dedicated to providing gymnastics training to the youth residing in and around Bartlesville, OK. Their primary objective is to instill discipline, character, and promote physical fitness among these young individuals through their gymnastics programs. This non-profit organization offers facilities and employs skilled personnel to deliver quality gymnastics instruction to the local community's children.


Official website here: www.bartlesvillegymnastics.org

Who is the CEO of Gymnastics Club Inc?

Will Smith is the Secretary of Gymnastics Club Inc.


Official website here: www.bartlesvillegymnastics.org

What is the revenue of Gymnastics Club Inc?

Gymnastics Club Inc's revenue in 2022 was $713,653.


Official website here: www.bartlesvillegymnastics.org

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

The average compensation at Gymnastics Club Inc during 2022 was $7,448. There are 45 employees and 50 volunteers at Gymnastics Club Inc.


Here are 6 key members and their salaries:


Stephanie Banks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorrie Bertolet (Member/Exec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Hayden (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Lief (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Lindblom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bartlesvillegymnastics.org

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

Gymnastics Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bartlesvillegymnastics.org

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

Mission Statement of Gymnastics Club Inc

Gymnastics Club Inc, a nonprofit organization, is dedicated to providing gymnastics training to the youth residing in Bartlesville, Oklahoma, and its surrounding areas. Their mission is multifaceted, encompassing not just the physical development of the children but also their character and discipline. Through their facilities and personnel, they aim to teach the young participants the importance of discipline and physical fitness, fostering a well-rounded individual. By engaging in gymnastics, these children can develop a strong sense of self and enhance their physical abilities, all while learning valuable life lessons.

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Impact




July, 2024

Gymnastics Club Inc has had a significant impact on the youth of Bartlesville, OK, and the surrounding area by providing valuable gymnastics training. Through their programs, they have been able to instill discipline, character, and physical fitness in the children of the community. By offering facilities and experienced personnel, Gymnastics Club Inc has created a positive environment where young individuals can learn and grow both physically and mentally. This organization plays a vital role in promoting recreation and overall well-being among the youth in Bartlesville and beyond.




This information is meant to be a general summary of Gymnastics Club 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
$713,653 (2022)
Expenses
$559,829 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,960
  • Program Service Revenue: $415,255
  • Gross Receipts: $741,841

Assets and Liabilities:

  • Total Assets: $920,727
  • Total Liabilities: $6,199
  • Net Assets: $914,528

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Programs

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

DUES

Revenue

$305,453

GYMNASTS ENTRY FEES

Revenue

$47,662

PARTIES & SPECIAL EVENTS

Revenue

$33,680

DOOR INCOME

Revenue

$25,222

BUNGEE FEES

Revenue

$2,114

Organization Details

Principal Officer

Will Smith

Main Address

1805 SW ADAMS BLVD, BARTLESVILLE, OK, 74003

NTEE Category

Code: N6XZ - Recreation

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