Kendrick Gymnastics
- Assets
- $70.3k
- Revenue
- $281.0k
- Investments
- $0.0
- Employees
- 15
- Location
- Conshohocken, PA
- Founding
- 01/2020
- Data as of
- 08/2022
- EIN
- 84-2385981
Organization Overview
Kendrick Gymnastics is located in Conshohocken, PA. The organization was established in 2020. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2022, Kendrick Gymnastics employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kendrick Gymnastics 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 08/2022, Kendrick Gymnastics generated $281.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 73.0% each year . All expenses for the organization totaled $242.8k during the year ending 08/2022. While expenses have increased by 63.6% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF KENDRICK GYMNASTICS IS TO PROVIDE A GENUINE AND DEDICATED COMMITMENT TO THE SPORT OF GYMNASTICS, ENABLING YOUNG ATHLETES TO ATTAIN THEIR FULLEST POTENTIAL WHILE CULTIVATING A SENSE OF SELF CONFIDENCE THAT EMPOWERS CHILDREN TO CHALLENGE PHYSICAL, MENTAL AND EMOTIONAL LIMITATIONS IN THE GYM, AT SCHOOL AND ACROSS SOCIAL SETTINGS.SECONDARY OBJECTIVES OF THE ORGANIZATION INCLUDE: ASSISTANCE IN PAYING FOR THE COSTS INCURRED BY COMPETITIVE GYMNASTICS TEAMS, PROVIDING FUNDS TO PURCHASE EQUIPMENT FOR THE BENEFIT OF THE ORGANIZATION, ALLOCATE FUNDS TO OFFSET THE COST OF RECREATIONAL AND COMPETITIVE GYMNASTICS TO URBAN-BASED CHILDREN WHO WOULD OTHERWISE NOT HAVE THE MEANS, BUILD COMMUNICATION AMONG THE CORPORATION BOARD, THE COMMUNITY, INDIVIDUAL GYMNASTS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KENDRICK KIPPETTES TEAM IS A GROUP OF VERY SPECIAL YOUNG FEMALE ATHLETES WHOSE DEDICATION TO OUR TEAM AND COMPETITIVE GYMNASTICS IS PROVEN BY THEIR SUCCESS EACH YEAR. INDIVIDUAL TEAM MEMBERS HAVE WON LOCAL, STATE AND REGIONAL CHAMPIONSHIP TITLES. ATHLETES ON THE TEAM LEARN IMPORTANT LESSONS AND VALUES SUCH AS SPORTSMANSHIP, DETERMINATION, PERSERVERANCE, COMMITMENT, TIME MANAGEMENT AND HEALTHY HABITS. KENDRICK GYMNASTICS HAS INTRODUCED NEW CLASSES TO OUR PROGRAM TO FURTHER EXTEND OUR MISSION WITHIN THE COMMUNITY. THE NEW CLASSES LAUNCHED WERE GYM WARRIORS, YOU & ME AND TINY TUMBLERS. GYM WARRIORS BRING THE BENEFITS OF NINJA STRENGTH AND THE FUNDAMENTALS OF GYMNASTICS & PARKOUR TO ONE CLASS, OPEN TO BOYS & GIRLS AGES 3 YEARS AND OVER. YOU & ME IS A CLASS FOR TODDLERS AGES 18 - 36 MONTHS AND THEIR GUARDIAN. THE CLASS ENCOURAGES TODDLERS & GUARDIAN TO GET INVOLVED IN ACTIVITIES SUC AS SINGING, GAMES, CIRCLE TIME, STRETCH AND WARM UP. TINY TUMBLERS IS A CLASS DESIGNED TO INTRODUCE THE BASIC FUNDAMENTALS OF GYMNASTICS THROUGH THE USE OF OBSTACLE COURSES AND GAMES TO CHILDREN 3 AND 4 YEARS OLD.KENDRICK GYMNASTICS OFFERED A GYMNASTICS SUMMER DAY CAMP IN 2022 WHICH WAS FULL TO CAPACITY EACH WEEK IT WAS OFFERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janette Santore President | OfficerTrustee | 30 | $15,033 |
Theresa Henderson Secretary | OfficerTrustee | 30 | $12,555 |
Stephanie Mcfarlane Treasurer | OfficerTrustee | 5 | $2,090 |
William Salvatore Vice President | OfficerTrustee | 5 | $0 |
Vernique Fields Board Member | Trustee | 0.5 | $0 |
Dr Julie Fisher Board Member - Thru Aug | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,800 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,238 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,038 |
| Total Program Service Revenue | $258,944 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $280,983 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $850 |
| Grants and other assistance to domestic individuals. | $5,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,751 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,219 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,044 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,036 |
| Fees for services: Accounting | $4,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,151 |
| Advertising and promotion | $0 |
| Office expenses | $719 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,867 |
| Travel | $7,124 |
| 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 | $15,591 |
| All other expenses | $6,315 |
| Total functional expenses | $242,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,762 |
| Savings and temporary cash investments | $10,501 |
| 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 | $70,263 |
| 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 | $2,892 |
| Total liabilities | $2,892 |
| Net assets without donor restrictions | $67,371 |
| 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 | $70,263 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kendrick Gymnastics has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Gamma Fraternity Columbus, OH | $24,648,581 | $44,041,794 |
Kappa Kappa Gamma Fraternity Inc Dublin, OH | $6,485,391 | $48,587,416 |
The Union League Of Philadelphia Philadelphia, PA | $166,421,963 | $49,124,019 |
New York Athletic Club New York, NY | $79,824,386 | $36,957,466 |
Congressional Country Club Inc Bethesda, MD | $78,316,209 | $29,100,314 |
University Club New York, NY | $61,571,312 | $30,883,399 |
Chevy Chase Club Inc Chevy Chase, MD | $66,940,188 | $32,070,138 |
Baltusrol Golf Club Springfield, NJ | $73,541,672 | $26,510,520 |
Winged Foot Golf Club Inc Mamaroneck, NY | $47,661,307 | $23,506,154 |
Woodmont Country Club Rockville, MD | $56,166,542 | $22,075,767 |
New York Yacht Club New York, NY | $54,553,348 | $22,663,268 |
Baltimore Country Club Of Baltimore City Baltimore, MD | $35,586,521 | $23,737,459 |