First State Gymnastics Athletic Association
- Assets
- $5.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 03/1999
- Data as of
- 06/2024
- EIN
- 51-0382125
Organization Overview
First State Gymnastics Athletic Association is located in Newark, DE. The organization was established in 1999. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First State Gymnastics Athletic Association 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 06/2024, First State Gymnastics Athletic Association generated $51.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $59.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
DEFRAY THE COST OF GYMNASTS COMPETING AT STATE, REGIONAL, NATIONAL, AND INTERNATIONAL COMPETITIONS. INCLUDES 100 PLUS GIRLS COMPETING AT 10-12 EVENTS PER SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Montee President | 20 | $0 | |
Bonnie Principie Secretary/fu | 15 | $0 | |
Veronica Carroll Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,949 |
| Total Program Service Revenue | $47,467 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,264 |
| Other Revenue | $0 |
| Total Revenue | $51,152 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $59,377 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $213 |
| Total expenses | $59,590 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,621 |
| Other assets | $0 |
| Total assets | $5,621 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,621 |