Overview
What is Gymnastics & Acro Of Fair Oaks?
Gymnastics & Acro of Fair Oaks is a nonprofit organization dedicated to supporting amateur gymnasts. Their primary mission is to provide both financial and emotional assistance to their team members, enabling them to pursue and achieve their dreams in the sport of gymnastics. This assistance may include funding for various gymnastics-related expenses and offering emotional support during the challenges and triumphs of their athletic journey. The organization's activities revolve around organizing amateur gymnastics competitions, likely to showcase and celebrate the talents and achievements of its team members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
Gymnastics & Acro Of Fair Oaks has received a 73% rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization has a strong governance structure, with a fully independent board and a favorable liabilities to assets ratio, suggesting financial stability. Additionally, it excels in its program expense ratio, allocating 96.90% of its budget directly to its programs.
However, there are notable gaps in the organization's policies, specifically in areas such as conflict of interest, whistleblower protection, and document retention. These missing policies have contributed to a lower score in accountability, which is essential for fostering trust among supporters and stakeholders. Furthermore, the absence of tax forms on the nonprofit's website may hinder transparency regarding financial practices.
Overall, while Gymnastics & Acro Of Fair Oaks demonstrates strengths in governance and program funding, addressing its policy deficiencies could enhance its accountability rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Gymnastics & Acro Of Fair Oaks legitimate?
Gymnastics & Acro Of Fair Oaks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gymnastics & Acro Of Fair Oaks 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: $39,294
For more financial information, click here
What is the mission statement of Gymnastics & Acro Of Fair Oaks?
Gymnastics & Acro of Fair Oaks aims to support their amateur gymnastics team members in achieving their dreams. This is done by providing both financial and emotional assistance. Their mission is centered around empowering the team members to excel in their competitions, fostering their growth and success in the sport.
What is the revenue of Gymnastics & Acro Of Fair Oaks?
Gymnastics & Acro Of Fair Oaks's revenue in 2024 was $517,548.
Who are the executives of Gymnastics & Acro Of Fair Oaks and what are their salaries?
The average compensation at Gymnastics & Acro Of Fair Oaks during 2024 was $3,023. There are 13 employees and 150 volunteers at Gymnastics & Acro Of Fair Oaks.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gymnastics & Acro Of Fair Oaks?
Gymnastics & Acro Of Fair Oaks's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Gymnastics & Acro Of Fair Oaks
Gymnastics & Acro Of Fair Oaks, a nonprofit organization, is dedicated to supporting amateur gymnasts in realizing their dreams. Their mission is twofold: they provide financial assistance and emotional encouragement to their gymnastics team members. By offering this support, they aim to help these individuals excel in their competitive gymnastics endeavors.
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Impact
July, 2024
Gymnastics & Acro Of Fair Oaks has a significant impact on the community by providing a platform for amateur gymnasts to showcase their talent and pursue their dreams. Through their amateur gymnastics competitions, they offer financial and emotional support to their team members, helping them fulfill their aspirations in the sport. By fostering a supportive environment and promoting the growth of gymnastics, Gymnastics & Acro Of Fair Oaks contributes to the development of young athletes and the overall promotion of recreational activities in Rancho Cordova, CA.
This information is meant to be a general summary of Gymnastics & Acro Of Fair Oaks. 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 2024.
- Program Service Revenue: $513,857
- Gross Receipts: $517,548
Assets and Liabilities:
- Total Assets: $215,343
- Total Liabilities: $0
- Net Assets: $215,343
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPETITION MEETS
Revenue
$454,651
MEMBERSHIP DUES ASSESSMENTS
Revenue
$56,678
MISCELLANEOUS
Revenue
$2,528
Organization Details
Founding Year
1995
Principal Officer
Nancy Marciano
NTEE Category
Code: N60 - Recreation
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