Overview
What is Vernon Lee Amateur Gymnastics Acade?
The Vernon Lee Amateur Gymnastics Acade is a nonprofit organization situated in Pasadena, California, specifically at 1047 N Allen Avenue. Their primary focus is on youth development, offering gymnastics instruction ranging from beginner levels to competitive ones. This comprehensive program caters to children and teens, making it an inclusive space for individuals from the age of 2 up to their golden years. The organization plays a significant role in the lives of approximately 150 families, providing continuous support for 50 weeks each year.
Official website here: www.vernonleegym.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Vernon Lee Amateur Gymnastics Academy has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in its accountability and financial practices, there are areas that require improvement. With an overall score of 69%, the organization shows a strong commitment to transparency, as evidenced by its independent board composition and the documentation of board meeting minutes.
Strengths include a high program expense ratio of 97.41%, suggesting that the majority of resources are being utilized for program activities rather than administrative costs. Additionally, the organization exhibits a very low liabilities to assets ratio of 4.16%, which indicates sound financial health in terms of its obligations. However, despite these positive aspects, the overall rating reflects a need for enhanced operational practices to bolster trust and efficacy.
The salaries of key personnel appear to be reasonable, with the highest salary being $57,340 for the secretary, which may raise questions regarding the compensation structures within the organization. While the independent board members and financial metrics are commendable, the overall rating signifies room for growth in operational effectiveness and transparency to secure a higher standing in the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Vernon Lee Amateur Gymnastics Acade legitimate?
Vernon Lee Amateur Gymnastics Acade is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vernon Lee Amateur Gymnastics Acade 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: $96,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $434,681
For more financial information, click here
Official website here: www.vernonleegym.com
What is the mission statement of Vernon Lee Amateur Gymnastics Acade?
The Vernon Lee Amateur Gymnastics Acade focuses on youth development through gymnastics instruction. This encompasses beginners up to competitive levels, catering to individuals from the age of 2 all the way to 99. Their mission is to provide gymnastics training programs that foster growth and development in young people. The academy serves approximately 150 families, offering these programs for 50 weeks of the year.
Official website here: www.vernonleegym.com
Who is the CEO of Vernon Lee Amateur Gymnastics Acade?
Luzia Wiesmuller is the Secretary of Vernon Lee Amateur Gymnastics Acade.
Official website here: www.vernonleegym.com
What is the revenue of Vernon Lee Amateur Gymnastics Acade?
Vernon Lee Amateur Gymnastics Acade's revenue in 2022 was $1,085,071.
Official website here: www.vernonleegym.com
Who are the executives of Vernon Lee Amateur Gymnastics Acade and what are their salaries?
The average compensation at Vernon Lee Amateur Gymnastics Acade during 2022 was $10,614. There are 50 employees at Vernon Lee Amateur Gymnastics Acade.
Here are 3 key members and their salaries:
- Compensation: $57,340
- Related: $0
- Other: $0
- Compensation: $38,680
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vernonleegym.com
Where can I find the form 990 for Vernon Lee Amateur Gymnastics Acade?
Vernon Lee Amateur Gymnastics Acade's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vernonleegym.com
Learn more at the official website: www.vernonleegym.com
Mission Statement of Vernon Lee Amateur Gymnastics Acade
The Vernon Lee Amateur Gymnastics Academy is dedicated to promoting youth development through gymnastics instruction. This nonprofit organization caters to individuals of all ages, from as young as two years old to the ripe age of 99. Their mission encompasses providing gymnastics lessons, ranging from introductory levels to competitive programs. This comprehensive approach to gymnastics education is designed to foster the growth and development of children and teenagers, ultimately benefiting approximately 150 families for a period of 50 weeks.
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Impact
July, 2024
Vernon Lee Amateur Gymnastics Academy's impact extends beyond just teaching gymnastics skills. Through its youth development programs, the academy provides opportunities for children and teens to learn valuable life skills such as discipline, determination, teamwork, and resilience. By offering gymnastics instruction for participants of all ages, from 2 to 99 years old, the academy promotes physical fitness and overall well-being.
Moreover, by supporting approximately 150 families for 50 weeks, the academy is actively contributing to the community by fostering a sense of belonging and providing a safe and supportive environment for individuals to grow and thrive. The impact of Vernon Lee Amateur Gymnastics Academy goes beyond the gymnasium, influencing the lives of its participants in a positive and meaningful way.
This information is meant to be a general summary of Vernon Lee Amateur Gymnastics Acade. 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: $24
- Program Service Revenue: $1,043,447
- Gross Receipts: $1,085,071
Assets and Liabilities:
- Total Assets: $611,937
- Total Liabilities: $25,512
- Net Assets: $586,425
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM TUITION & CAMPS
Revenue
$1,043,447
Organization Details
Founding Year
1995
Phone
(626) 796-6011Principal Officer
Luzia Wiesmuller
Main Address
1047 N ALLEN AVENUE, PASADENA, CA, 91104
Website
www.vernonleegym.comNTEE Category
Code: N70 - Recreation
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