World Class Gymnastics Parents Association Inc

Organization Overview

World Class Gymnastics Parents Association Inc is located in Newport News, VA. The organization was established in 2007. 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. World Class Gymnastics Parents Association 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 06/2022, World Class Gymnastics Parents Association Inc generated $532.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $332.2k during the year ending 06/2022. While expenses have increased by 8.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ASSOCIATION'S PURPOSE IS TO PROVIDE SUPPORT TO AMATEUR ATHLETIC COMPETITIVE PROGRAMS AT WORLD CLASS GYMNASTICS, WHICH COMPETES UNDER THE GOVERNANCE OF

Describe the Organization's Program Activity:

Part 3 - Line 4a

AID AMATEUR ATHLETIC COMPETITION- GYMNASTIC MEET ENTRY FEES, COACHES RENUMERATION, GYMNAST AND COACHES TRAVEL, MEMBERSHIP FEES, USAG MEMBERSHIP, TEAM SPIRIT AWARDS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$93
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$93
Total Program Service Revenue$5,418
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 $13,048
Net Income from Gaming Activities $513,880
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $532,439

Grants Recieved

Over the last fiscal year, we have identified 1 grants that World Class Gymnastics Parents Association Inc has recieved totaling $322.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$322
View Grant Recipient Profile

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