Overview
What is National Gymnastics Association?
The National Gymnastics Association, situated in Indianapolis, Indiana, is a dedicated nonprofit organization with a focus on inspiring physical activity and good citizenship among children aged 5 to 18. By offering gymnastics training, instruction, and competitions, the association aims to foster a love for sports and promote physical fitness. The organization's mission is to encourage self-discipline and good character in these young participants, nurturing their growth both physically and personally. With a team of 10 individuals, the National Gymnastics Association plays a significant role in the community, providing a fun and engaging environment for children to develop their skills and values.
Official website here: www.nationalgym.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The National Gymnastics Association has received a Two-Star rating from Charity Navigator, indicating that the organization has room for improvement in its accountability and financial practices. While it benefits from a fully independent board and has a healthy liabilities-to-assets ratio, the overall score reflects significant weaknesses in governance policies and transparency.
One notable strength is the high program expense ratio of 74.48%, which suggests that a substantial portion of its funding is directed towards its programs rather than administrative costs. However, the organization lacks essential policies, including a conflict of interest policy, whistleblower policy, and a document retention policy, which are critical for ensuring accountability and integrity.
Moreover, the absence of financial statements and the missing tax form on the nonprofit's website raises concerns about transparency. These limitations could affect donor confidence and the overall effectiveness of the organization in fulfilling its mission. Addressing these issues is vital for the National Gymnastics Association to enhance its credibility and operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is National Gymnastics Association legitimate?
National Gymnastics Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. National 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $240,460
For more financial information, click here
Official website here: www.nationalgym.org
What is the mission statement of National Gymnastics Association?
The National Gymnastics Association's mission is geared towards promoting physical fitness and good citizenship among young boys and girls aged between 5 and 18 who have an interest in gymnastics. This is achieved through organized gymnastics training, instruction, and competitive events. The association's primary goal is to encourage these children to engage in regular physical activity, fostering discipline and personal growth. By engaging in gymnastics, the association aims to instill a sense of responsibility and teamwork in the young participants, thereby contributing to their overall development.
Official website here: www.nationalgym.org
Who is the CEO of National Gymnastics Association?
Linda Barclay is the CEO of National Gymnastics Association The CEO's salary of National Gymnastics Association is $0 and their total compensation is $0.
Official website here: www.nationalgym.org
What is the revenue of National Gymnastics Association?
National Gymnastics Association's revenue in 2023 was $1,486,256.
Official website here: www.nationalgym.org
Who are the executives of National Gymnastics Association and what are their salaries?
The average compensation at National Gymnastics Association during 2023 was $24,046. There are 10 employees and 15 volunteers at National Gymnastics Association.
Here are 10 key members and their salaries (National Gymnastics Association's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.nationalgym.org
Where can I find the form 990 for National Gymnastics Association?
National Gymnastics Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nationalgym.org
Learn more at the official website: www.nationalgym.org
Mission Statement of National Gymnastics Association
The National Gymnastics Association, a renowned organization, is dedicated to fostering physical fitness and promoting good citizenship among boys and girls aged between 5 and 18 who show interest in the sport of gymnastics. Through engaging activities, including instruction and practice in gymnastics, the association aims to inspire self-discipline and encourage an active lifestyle in its young participants. By providing gymnastics training, instruction, and opportunities for competition, the National Gymnastics Association is committed to shaping well-rounded individuals who value both their physical well-being and the principles of good citizenship.
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Impact
July, 2024
The National Gymnastics Association impacts the community by encouraging physical exercise and good citizenship among boys and girls aged 5-18 who are interested in the sport of gymnastics. By providing training, instruction, and opportunities for competition, the organization promotes physical fitness and self-discipline in youth. Through its activities, the National Gymnastics Association plays a role in fostering healthy lifestyles and character development in young individuals.
This information is meant to be a general summary of National 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 2023.
- Gross Receipts: $1,486,256
Assets and Liabilities:
- Total Assets: $200,172
- Total Liabilities: $6,799
- Net Assets: $193,373
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Organization Details
Founding Year
2020
Principal Officer
Kaye Pinkowski
Website
www.nationalgym.orgNTEE Category
Code: N99 - Recreation
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