Overview
What is Washington Mens Gymnastics Foundation?
The Washington Men's Gymnastics Foundation is a nonprofit organization situated in Seattle, Washington. Its primary objective is to support and promote men's collegiate gymnastics. To achieve this, the foundation organizes fundraising activities, such as hosting competitions and soliciting donations. These funds are primarily used to cover coaching expenses, which are crucial for maintaining a competitive team. The team competes against other NCAA and GymAct teams. Additionally, the foundation rents a practice facility, travels to competitions, and provides uniforms and equipment for the team. The foundation is led by a small team, with only one employee in the recent past.
Official website here: www.wmgf.us
Is Washington Mens Gymnastics Foundation legitimate?
Washington Mens Gymnastics Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Mens Gymnastics Foundation 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,346
For more financial information, click here
Official website here: www.wmgf.us
What is the mission statement of Washington Mens Gymnastics Foundation?
The Washington Men's Gymnastics Foundation's mission is to support and elevate men's collegiate gymnastics. They accomplish this by organizing fundraising events, such as hosting competitions and soliciting donations, with the objective of providing resources for coaching, renting a practice facility, traveling to competitions, and purchasing uniforms and equipment for the team. The primary expense for the program is coaching, which is essential for maintaining a competitive team that competes against other NCAA and GymAct teams.
Official website here: www.wmgf.us
What is the revenue of Washington Mens Gymnastics Foundation?
Washington Mens Gymnastics Foundation's revenue in 2024 was $218,114.
Official website here: www.wmgf.us
Who are the executives of Washington Mens Gymnastics Foundation and what are their salaries?
The average compensation at Washington Mens Gymnastics Foundation during 2024 was $45,173. There are 2 employees and 25 volunteers at Washington Mens Gymnastics Foundation.
Here are 6 key members and their salaries:
- Compensation: $6,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wmgf.us
Where can I find the form 990 for Washington Mens Gymnastics Foundation?
Washington Mens Gymnastics Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wmgf.us
Learn more at the official website: www.wmgf.us
Mission Statement of Washington Mens Gymnastics Foundation
The Washington Men's Gymnastics Foundation is dedicated to supporting the Washington Men's Gymnastics Team. Their mission revolves around organizing and executing fundraising activities, such as hosting competitions, soliciting donations, and promoting men's gymnastics. The primary objective of these efforts is to generate funds for the team, which are then utilized to cover various expenses, including coaching, renting a practice facility, traveling to competitions, and purchasing uniforms and equipment for the team to train with. The foundation recognizes that coaching is a significant expense for the program, and in the recent past, they have employed one coach and a consulting coach to ensure the team remains competitive against other NCAA and GymAct teams.
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Impact
October, 2024
The Washington Men's Gymnastics Foundation plays a crucial role in promoting and nurturing men's collegiate gymnastics in Seattle. Its efforts are centered around organizing and executing fundraising activities that directly support the Washington Men's Gymnastics Team.
Through hosting competitions and soliciting donations, the foundation generates essential funds that cover significant expenses for the program, primarily coaching, which is vital for maintaining a competitive edge against NCAA and GymAct teams. The past year alone saw the engagement of one dedicated coach and a coaching consultant, underscoring the importance of professional guidance in the athletes' development.
Additionally, the foundation's work ensures that the team has access to necessary resources, such as renting practice facilities, traveling to competitions, and providing uniforms and equipment. By fostering such a supportive environment, the foundation not only promotes the sport but also cultivates a platform for young athletes to excel in gymnastics while pursuing their education.
This information is meant to be a general summary of Washington Mens Gymnastics Foundation. 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.
- Investment Income: $12,072
- Program Service Revenue: $51,464
- Gross Receipts: $333,528
Assets and Liabilities:
- Total Assets: $699,697
- Total Liabilities: $0
- Net Assets: $699,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Equipment Moves
Revenue
$28,729
Scoring Services
Revenue
$3,000
Ushering
Revenue
$19,735
Organization Details
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