Overview
What is Ruidoso Gymnastics Associationinc?
The Ruidoso Gymnastics Associationinc, situated in Ruidoso Downs, New Mexico, is a nonprofit organization that plays a significant role in the community. Their primary mission is to offer gymnastics instruction, training, and competitive opportunities, making these services accessible where they might otherwise be unavailable. With a team of 12 dedicated individuals, they work tirelessly to foster the growth and development of young gymnasts. Their activities encompass providing gymnastics education and training, preparing participants for competitions, and promoting the sport within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Ruidoso Gymnastics Association has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization's overall score is primarily driven by its accountability and finance practices, where it received an 80% rating. Notably, the charity boasts a fully independent board and demonstrates effective asset management with no material diversion of assets reported.
Strengths include a high program expense ratio of nearly 93%, reflecting a strong commitment to its mission through programmatic spending. The organization also maintains comprehensive board meeting minutes and adheres to a conflict of interest policy, further enhancing its governance framework.
However, there are notable limitations in the areas of whistleblower and document retention policies, which were both missing and scored zero points. Addressing these aspects could further strengthen the organization’s accountability measures, providing greater transparency and security for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ruidoso Gymnastics Associationinc legitimate?
Ruidoso Gymnastics Associationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ruidoso Gymnastics Associationinc 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: $92,321
For more financial information, click here
What is the mission statement of Ruidoso Gymnastics Associationinc?
The Ruidoso Gymnastics Associationinc is dedicated to providing gymnastics instruction, training, and competition. Their mission is to make these opportunities available where they may not be otherwise accessible. They offer a comprehensive approach to gymnastics, encompassing instruction, training, and competitive events. This commitment is aimed at fostering the development of gymnastics skills in individuals, regardless of their current access to such resources.
Who is the CEO of Ruidoso Gymnastics Associationinc?
Bonnie Richardson is the Secretary/ T of Ruidoso Gymnastics Associationinc.
What is the revenue of Ruidoso Gymnastics Associationinc?
Ruidoso Gymnastics Associationinc's revenue in 2023 was $160,887.
Who are the executives of Ruidoso Gymnastics Associationinc and what are their salaries?
The average compensation at Ruidoso Gymnastics Associationinc during 2023 was $7,693. There are 12 employees and 10 volunteers at Ruidoso Gymnastics Associationinc.
Here are 5 key members and their salaries:
- Compensation: $7,339
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ruidoso Gymnastics Associationinc?
Ruidoso Gymnastics Associationinc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ruidoso Gymnastics Associationinc
Ruidoso Gymnastics Associationinc is dedicated to providing gymnastics instruction, training, and competitive opportunities where none may be available otherwise. Their mission is to foster the growth and development of individuals through the sport of gymnastics, offering a comprehensive learning experience that caters to various skill levels. By offering these services, Ruidoso Gymnastics Associationinc aims to make gymnastics accessible to all, regardless of their previous experience or background.
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Impact
October, 2024
Ruidoso Gymnastics Association Inc. plays a crucial role in its community by providing gymnastics instruction, training, and competition opportunities. In an area where such services may not be readily available, the organization fills an important gap, allowing local youth to engage in physical activity, develop their athletic skills, and participate in competitive gymnastics.
The association fosters a positive environment for personal growth by promoting physical fitness, discipline, and teamwork. Participants benefit from professional coaching and structured training programs that help them enhance their skills and build confidence. This experience not only supports physical health but also contributes to the mental and emotional well-being of the athletes.
Additionally, by hosting competitions, Ruidoso Gymnastics Association Inc. brings together athletes, families, and the community, creating a sense of camaraderie and local pride. This engagement encourages active lifestyles and helps cultivate a supportive network for young gymnasts, further enriching the social fabric of Ruidoso Downs, New Mexico.
This information is meant to be a general summary of Ruidoso Gymnastics Associationinc. 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.
- Investment Income: $1,109
- Program Service Revenue: $140,992
- Gross Receipts: $178,002
Assets and Liabilities:
- Total Assets: $285,197
- Total Liabilities: $7,872
- Net Assets: $277,325
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GYMNASTICS TUITION
Revenue
$107,707
GYMNASTICS MEET REVENUES
Revenue
$26,985
CAMP FEES
Revenue
$6,300
Organization Details
Founding Year
1984
Phone
(575) 937-8152Principal Officer
Bonnie Richardson
Main Address
PO BOX 1589, RUIDOSO DOWNS, NM, 883461589
NTEE Category
Code: N60 - Recreation
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