X-Cel Gymnastics Parent Organization Inc
- Assets
- $137.7k
- Revenue
- $206.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Cranberry Township, PA
- Founding
- 07/2005
- Data as of
- 07/2021
- EIN
- 20-1463810
Organization Overview
X-Cel Gymnastics Parent Organization Inc is located in Cranberry Township, PA. The organization was established in 2005. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. X-Cel Gymnastics Parent Organization 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 07/2021, X-Cel Gymnastics Parent Organization Inc generated $206.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $122.4k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONLS MISSION IS TO FOSTER COMPEITIVE GYMNASTICS AND TO OPERATE AS A QUALIFIED AMATEUR ATHLETIC ASSOCIATION WITHIN THE FIELD OF GYMNASTICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGISTRATIONS - AMOUNT REPRESENTS COST OF REGISTERING MEMBERS FOR GYMNASTIC ACTIVITES
ATHLETIC EVENT COSTS
TRAVEL EXPENSES FOR COACHES
ALL OTHER EXPENSES ASSOCIATED WITH OPERATING THE ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Karenbauer President | Officer | 4 | $0 |
Carrie Frankin Vice President | Officer | 2 | $0 |
Jason Lapina Treasurer | Officer | 8 | $0 |
Steffanie Sentelle Secretary | Officer | 2 | $0 |
Pam North Optional Representative | Trustee | 1 | $0 |
Cara Blumenschein Gym Representative | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $171,773 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,305 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $37,937 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,405 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22 |
| Office expenses | $750 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,058 |
| All other expenses | $95,359 |
| Total functional expenses | $122,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $137,664 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,312 |
| Total liabilities | $19,312 |
| Net assets without donor restrictions | $0 |
| 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 | $118,352 |
| Total liabilities and net assets/fund balances | $137,664 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that X-Cel Gymnastics Parent Organization Inc has recieved totaling $296.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $296 |
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