Girls Gymnastic-Athletic Club Of Owego New York Inc
- Assets
- $327.1k
- Revenue
- $302.5k
- Investments
- $0.0
- Employees
- 21
- Location
- Owego, NY
- Founding
- 07/1967
- Data as of
- 08/2023
- EIN
- 16-0878327
Organization Overview
Girls Gymnastic-Athletic Club Of Owego New York Inc is located in Owego, NY. The organization was established in 1967. As of 08/2023, Girls Gymnastic-Athletic Club Of Owego New York Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Girls Gymnastic-Athletic Club Of Owego New York Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Girls Gymnastic-Athletic Club Of Owego New York Inc generated $302.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $302.8k during the year ending 08/2023. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST CHILDREN OF THE COMMUNITY IN ATHLETIC PARTICIPATION THROUGH ORGANIZED COMPETITION AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S PARTICIPATION IN GYMNASTICS, RECREATIONAL AND COMPETITIVE, CHEER, DANCE AND TAEKWONDO.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Lounsbury President | OfficerTrustee | 1 | $0 |
Deb Simmons Vice President | OfficerTrustee | 1 | $0 |
Christina Brown Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Schecter Secretary | OfficerTrustee | 1 | $0 |
Peter Ahart Director | Trustee | 1 | $0 |
Erica Bayne Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,690 |
| Membership dues | $13,318 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,779 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,787 |
| Total Program Service Revenue | $235,948 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,126 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,539 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,001 |
| Compensation of current officers, directors, key employees. | $8,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,768 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,922 |
| Payroll taxes | $15,484 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,481 |
| Office expenses | $802 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,826 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,039 |
| Interest | $4,732 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,395 |
| Insurance | $9,156 |
| All other expenses | $2,294 |
| Total functional expenses | $302,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,899 |
| Savings and temporary cash investments | $20,633 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,691 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $500 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $293,394 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $327,117 |
| Accounts payable and accrued expenses | $14,535 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $81,238 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $95,773 |
| Net assets without donor restrictions | $231,344 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $327,117 |