Overview
What is Sokol Gymnastics Association?
The Sokol Gymnastics Association, based in West, Texas, is a nonprofit organization situated at 1203 N DAVIS ST. With a dedicated workforce of 12 individuals, their primary focus is on providing gymnastics training. Their mission serves approximately 100 members, predominantly children, offering them a nurturing environment to develop their gymnastic skills. The association's activity or mission description emphasizes their commitment to gymnastics education, ensuring a fun and engaging experience for their members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Sokol Gymnastics Association has received a 73% rating from Charity Navigator, which translates to a Two-Star rating. This rating primarily reflects the organization’s strong performance in the Accountability & Finance category, where it achieved a perfect score in several areas including the independence of its board members and the absence of asset diversion. The organization benefits from having a fully independent board comprised of 10 members, which is a significant strength.
Strengths of Sokol Gymnastics Association include its exemplary management of program expenses, with a 100% program expense ratio that indicates all funds are directed toward its mission. Additionally, the organization demonstrates financial responsibility through a low liabilities to assets ratio of 15.29%, showcasing effective management of its financial resources. The transparency of its operations is further highlighted by the documented board meeting minutes.
However, despite these strengths, the overall score remains limited to the Accountability & Finance beacon, suggesting that there may be areas outside of financial management and governance that could benefit from improvement. This singular focus on finances may not fully capture the impact and effectiveness of the organization’s programs and services, which could be a consideration for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Sokol Gymnastics Association legitimate?
Sokol Gymnastics Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sokol Gymnastics Association 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: $4,198
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,480
For more financial information, click here
What is the mission statement of Sokol Gymnastics Association?
The Sokol Gymnastics Association is dedicated to providing gymnastics training for its members, primarily serving around 100 individuals, the majority of whom are children. Their mission can be summarized as focusing on gymnastics instruction to cater to the needs of their members, ensuring a substantial number of children benefit from these classes. The association's activities primarily revolve around conducting gymnastics classes for approximately 100 members, mostly young individuals.
Who is the CEO of Sokol Gymnastics Association?
Mary Beth Dulock is the President of Sokol Gymnastics Association.
What is the revenue of Sokol Gymnastics Association?
Sokol Gymnastics Association's revenue in 2022 was $86,236.
Who are the executives of Sokol Gymnastics Association and what are their salaries?
The average compensation at Sokol Gymnastics Association during 2022 was $1,056. There are 12 employees at Sokol Gymnastics Association.
Here are 6 key members and their salaries:
- Compensation: $2,468
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,330
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
Where can I find the form 990 for Sokol Gymnastics Association?
Sokol Gymnastics Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sokol Gymnastics Association
Sokol Gymnastics Association is dedicated to providing gymnastics training for its members, primarily catering to around 100 individuals, the majority of whom are children. The organization's mission revolves around nurturing the skills and passion for gymnastics within its members, offering a comprehensive range of gymnastics classes to foster their development.
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Impact
October, 2024
The Sokol Gymnastics Association plays a vital role in the community by providing gymnastics training that fosters physical fitness, discipline, and social skills among its members, primarily children. By offering classes for approximately 100 participants, the association helps instill a sense of teamwork and camaraderie, enabling children to develop not only their athletic abilities but also their self-confidence and resilience.
The impact of the Sokol Gymnastics Association extends beyond just physical training; it creates a safe and supportive environment where young people can learn valuable life skills. Through structured activities, children are encouraged to set goals, overcome challenges, and celebrate their achievements. This not only enhances their physical health but also contributes to their overall well-being and development into confident individuals. In West, TX, the association enriches the community's recreational landscape and promotes an active lifestyle among its youth, creating a nurturing space for growth and friendship.
This information is meant to be a general summary of Sokol Gymnastics Association. 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 2022.
- Investment Income: $4,807
- Program Service Revenue: $68,329
- Gross Receipts: $88,328
Assets and Liabilities:
- Total Assets: $1,144,310
- Total Liabilities: $175,022
- Net Assets: $969,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GYMNASTIC FEES
Revenue
$68,329
Organization Details
Founding Year
1982
Principal Officer
Mary Beth Dulock
Main Address
1203 N DAVIS ST, West, TX, 76691
NTEE Category
Code: N60 - Recreation
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