Overview
What is Maryland Gymnastics Inc?
Maryland Gymnastics Inc. is a supportive booster club based in Millersville, Maryland. This nonprofit organization primarily focuses on aiding the Docksiders Girls' USAG Competitive Gymnastics Team. By serving as a sponsor, Maryland Gymnastics Inc. contributes to the team's success and growth. Notably, the club organizes an annual meet known as "Christmas on the Chesapeake" to further promote the sport and engage the local community.
Official website here: www.mdgymnasticsparents.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)
Maryland Gymnastics Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall accountability and financial practices. While the organization boasts a high percentage of independent board members and a good liabilities to assets ratio, several critical areas reveal weaknesses, particularly in transparency and governance policies.
The organization's financial statements were not made available, which significantly impacted its score. Additionally, Maryland Gymnastics Inc lacks essential policies such as conflict of interest and whistleblower protections, which are vital for ensuring ethical operations. However, it does maintain proper documentation of board meeting minutes and shows a commendable program expense ratio, indicating that a high percentage of its funds are directed towards its programs.
Despite these strengths, the absence of key financial disclosures and governance policies suggests that potential donors should exercise caution and seek further information before making contributions. Addressing these gaps could greatly enhance the organization's standing and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Maryland Gymnastics Inc legitimate?
Maryland Gymnastics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland 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.
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Official website here: www.mdgymnasticsparents.com
What is the mission statement of Maryland Gymnastics Inc?
Maryland Gymnastics Inc, functioning as a booster club, primarily aims to support the Docksiders girls' competitive gymnastics team under the United States Amateur Gymnastics (USAG). The organization's primary objective is to assist in providing the necessary resources and opportunities for the team to thrive in their competitive gymnastics journey. Annually, Maryland Gymnastics Inc hosts the Christmas on the Chesapeake meet, demonstrating their commitment to fostering a supportive environment for the team. The club's activities are geared towards enhancing the team's performances, ultimately promoting the growth and success of competitive gymnastics among young girls.
Official website here: www.mdgymnasticsparents.com
Who is the CEO of Maryland Gymnastics Inc?
Tiffani Cary is the President of Maryland Gymnastics Inc.
Official website here: www.mdgymnasticsparents.com
What is the revenue of Maryland Gymnastics Inc?
Maryland Gymnastics Inc's revenue in 2023 was $598,067.
Official website here: www.mdgymnasticsparents.com
Who are the executives of Maryland Gymnastics Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.mdgymnasticsparents.com
Where can I find the form 990 for Maryland Gymnastics Inc?
Maryland Gymnastics Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mdgymnasticsparents.com
Learn more at the official website: www.mdgymnasticsparents.com
Mission Statement of Maryland Gymnastics Inc
Maryland Gymnastics Inc, as a booster club, plays a significant role in supporting the Docksiders Girls' USAG competitive gymnastics team. Its mission, in essence, is to provide assistance and backing to this talented group of young athletes. The club achieves this by sponsoring various activities and events, with one notable example being the annual Christmas on the Chesapeake meet. This booster club is an integral part of the team's success, offering its resources and dedication to help these athletes excel in their chosen sport.
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Impact
July, 2024
Maryland Gymnastics Inc's impact is centered around supporting and boosting the Docksiders Girls' USAG competitive gymnastics team. By providing financial and organizational assistance as a booster club, Maryland Gymnastics Inc plays a crucial role in enabling young gymnasts to pursue their athletic ambitions and compete at a high level. Additionally, the club's sponsorship of the annual meet, Christmas on the Chesapeake, not only showcases the talent of the gymnasts but also fosters a sense of community and camaraderie within the gymnastics circuit. Through their efforts, Maryland Gymnastics Inc contributes to the growth and development of gymnastics in the Millersville area and beyond, making a tangible impact on the lives of aspiring athletes.
This information is meant to be a general summary of Maryland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $516,655
- Gross Receipts: $612,538
Assets and Liabilities:
- Total Assets: $119,761
- Total Liabilities: $48,842
- Net Assets: $70,919
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COTC MEET INCOME
Revenue
$516,655
Organization Details
Founding Year
1988
Phone
(410) 672-6978Principal Officer
Tiffani Cary
Main Address
PO BOX 814, MILLERSVILLE, MD, 21108
Website
www.mdgymnasticsparents.comNTEE Category
Code: N60 - Recreation
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