Biles World Champions Gymnastics Foundation

Organization Overview

Biles World Champions Gymnastics Foundation is located in Spring, TX. The organization was established in 2015. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Biles World Champions Gymnastics Foundation 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, Biles World Champions Gymnastics Foundation generated $227.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.3% each year . All expenses for the organization totaled $235.1k during the year ending 07/2021. While expenses have increased by 47.9% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDED ASSISTANCE TO GYMNASTICS TEAM ATHLETES AT VARIOUS LEVELS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED ASSISTANCE TO APPROXIMATELY 130 BOYS AND GIRLS GYMNASTICS, TNT, EXCEL AND BOYS GYMNASTICS TEAM ATHLETES AT VARIOUS LEVELS. ALL TEAM ATHLETES RECEIVED ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Gina Chiles
Vice President
$0
Amy Kirkegaard
Treasurer
$0
Terricka Cromarte
President
$0
Amy Losee
Secretary
$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$43
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$43
Total Program Service Revenue$218,843
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 $8,688
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $227,574

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Biles World Champions Gymnastics Foundation has recieved totaling $179.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$179
View Grant Recipient Profile

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