Civic Intelligence

Parkette National Gymnastic Team Inc.

990 • Fiscal year 2015 • EIN 23-2046090

Sep 01, 2014 to Aug 31, 2015 • Filed on Jan 08, 2016

401 Martin Luther King Jr DriveAllentown, PA 18102

(610) 433-0011

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.15x

Higher debt load relative to assets than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

52nd percentile

0.12x

Higher debt load relative to revenue than 52% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

62nd percentile

7.1%

Higher net margin than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

63rd percentile

$87,107

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

77th percentile

13%

Faster asset growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,853,436

Up $219,873 (+13%) from 2014

Net Assets

Up

$1,568,078

Up $171,385 (+12%) from 2014

Liabilities

Up

$285,358

Up $48,488 (+20%) from 2014

Revenue

Up

$2,423,702

Up $272,675 (+13%) from 2014

Expenses

Up

$2,252,721

Up $139,898 (+6.6%) from 2014

Net Income

Up

$170,981

Up $132,777 (+348%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,493,383Liabilities 2011: $252,418Net Assets 2011: $1,240,9652011Assets 2012: $1,453,638Liabilities 2012: $251,535Net Assets 2012: $1,202,1032012Assets 2013: $1,512,083Liabilities 2013: $155,160Net Assets 2013: $1,356,9232013Assets 2014: $1,633,563Liabilities 2014: $236,870Net Assets 2014: $1,396,6932014Assets 2015: $1,853,436Liabilities 2015: $285,358Net Assets 2015: $1,568,0782015Assets 2016: $1,939,016Liabilities 2016: $276,608Net Assets 2016: $1,662,4082016Assets 2017: $2,203,366Liabilities 2017: $322,971Net Assets 2017: $1,880,3952017Assets 2018: $2,206,366Liabilities 2018: $293,390Net Assets 2018: $1,912,9762018Assets 2019: $2,096,594Liabilities 2019: $234,979Net Assets 2019: $1,861,6152019Assets 2020: $2,048,197Liabilities 2020: $399,491Net Assets 2020: $1,648,7062020Assets 2021: $2,066,522Liabilities 2021: $233,522Net Assets 2021: $1,833,0002021Assets 2022: $2,230,871Liabilities 2022: $321,190Net Assets 2022: $1,909,6812022Assets 2023: $2,356,473Liabilities 2023: $294,240Net Assets 2023: $2,062,2332023Assets 2024: $2,446,621Liabilities 2024: $300,680Net Assets 2024: $2,145,9412024

Highlighted filing

2015

Assets$1,853,436
Liabilities$285,358
Net Assets$1,568,078

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,847,734Expenses 2011: $1,795,581Net Income 2011: $52,1532011Revenue 2012: $1,943,313Expenses 2012: $1,983,239Net Income 2012: -$39,9262012Revenue 2013: $2,106,492Expenses 2013: $1,953,784Net Income 2013: $152,7082013Revenue 2014: $2,151,027Expenses 2014: $2,112,823Net Income 2014: $38,2042014Revenue 2015: $2,423,702Expenses 2015: $2,252,721Net Income 2015: $170,9812015Revenue 2016: $2,463,223Expenses 2016: $2,369,702Net Income 2016: $93,5212016Revenue 2017: $2,603,005Expenses 2017: $2,383,348Net Income 2017: $219,6572017Revenue 2018: $2,524,992Expenses 2018: $2,513,102Net Income 2018: $11,8902018Revenue 2019: $2,421,140Expenses 2019: $2,490,061Net Income 2019: -$68,9212019Revenue 2020: $1,739,390Expenses 2020: $1,967,426Net Income 2020: -$228,0362020Revenue 2021: $2,115,646Expenses 2021: $2,003,248Net Income 2021: $112,3982021Revenue 2022: $2,355,294Expenses 2022: $2,231,344Net Income 2022: $123,9502022Revenue 2023: $2,343,101Expenses 2023: $2,215,776Net Income 2023: $127,3252023Revenue 2024: $2,361,331Expenses 2024: $2,317,962Net Income 2024: $43,3692024

Highlighted filing

2015

Revenue$2,423,702
Expenses$2,252,721
Net Income$170,981
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jan 8, 2016
Return Version
2014v6.0
Gross Receipts
$2,527,693
Mission and Program Overview

Mission

Parkettes are organized for the purpose of providing all boys and girls, regardless of age, financial, mental, or physical ability, the opportunity to experience the joy and benefits of gymnastics while becoming part of our family of athletes. Toward that end, the officers, directors, staff, and volunteers are committed to: programs that cover the entire range of youth and their development, beginning with pre-school classes, with the opportunity for advancement to team programs through which young athletes may ultimately gain national, international, and olympic recognition. Programs for children who have special physical, mental or emotional needs so they may gain physical benefits and inner confidence through the sport of gymnastics. An environment to experience the importance of physical fitness, including strength, balance, flexibility, and coordination, and the value of a disciple.ined training regiment that enhances any athletic endeavor. A learning experience with emphasis on t

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$889,437$894,826▲ $5,389
Land, Buildings, and Equipment, Net$618,746$582,523▼ $36,223
Cash and Non-Interest-Bearing Accounts$11,300$285,569▲ $274,269
Prepaid Expenses and Deferred Charges$39,974$36,782▼ $3,192
Inventories for Sale or Use$28,541$33,155▲ $4,614
Loans From Officers Directors$23,426--
Accounts Receivable$15,163$10,654▼ $4,509
Investments in Publicly Traded Securities$9,523$9,927▲ $404
Total Assets$1,633,563$1,853,436▲ $219,873
Other Assets Total$20,879--
Liabilities
Deferred Revenue$146,550$201,794▲ $55,244
Other Liabilities$20,207$65,431▲ $45,224
Accounts Payable and Accrued Expenses$46,687$18,133▼ $28,554
Total Liabilities$236,870$285,358▲ $48,488
Net Assets / Fund Balance
Unrestricted Net Assets$1,396,693$1,568,078▲ $171,385
Total Net Assets Fund Balance$1,396,693$1,568,078▲ $171,385
Total Liabilities and Net Assets / Fund Balance$1,633,563$1,853,436▲ $219,873

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$475,133$1,125,993$1,601,126
Equipment$94,040$501,846$595,886
Land$13,350-$13,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna StraussCo-directorFT$77,237$9,870$87,107
William StraussPres/co-DirectorFT$66,954$9,870$76,824

Board Members and Trustees

NameTitle
-Board Member
Alan SheldonBoard Member
Cecilia McdonellBoard Member
-Treasuer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,731
Program Service Revenue
$2,252,172
Investment Income
$4,621
Other Revenue
$144,178
All Other Contributions
$17,300
Change in Net Assets
$170,981

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,423,702
Revenue Not Reported on Form 990
$104,395
Total Revenue per Audited Statements
$2,528,097
Total Revenue per Form 990
$2,423,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,230,848
Other Expenses$1,021,873
Total Fundraising Expense$23,867
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$927,049$52,266-$979,315
All Other Expenses$179,362$221,867$23,867$425,096
Current Officers, Directors, Trustees, and Key Employees-$157,367-$157,367
Other Expenses$98,647$110,968-$98,647
Payroll Taxes$77,055$17,111-$94,166
Depreciation Depletion$52,844$26,585-$79,429
Fees for Services Accounting-$16,440-$16,440
Fees for Services Legal-$6,240-$6,240
Interest-$579-$579
Total Functional Expenses$1,484,228$744,626$23,867$2,252,721

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,356,712
Expenses per Audited Statements$2,252,721
Total Expenses per Form 990$2,252,721
Expenses Not Reported on Form 990$103,991
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$246,109
Fundraising Direct Expenses$103,991
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chalk Box$64,789$64,789$40,511$24,278
Auction$52,308$52,308$1,741$50,567
Total Events$246,109$246,109$103,991$142,118
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tricia Scott StraussDaughterWagesNo$50,998
Donaa StraussDirectorCovenant ExpenseNo$18,000
William StraussDirectorCovenant ExpenseNo$18,000
Christy Dawson StraussDaughterPart Time WagesNo$11,855

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$23,426--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Team Meet Escrow$41,100
Accrued Wages and Wages$24,321
Sales Tax Payable$10
Employee Benefits Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Donna and william strauss co-director husband & wife

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 was prepared in draft form and distibuted to the board of directors for comment.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Parkette National Gymnastic
EIN
23-2046090
Phone
6104330011
Address
401 MARTIN LUTHER KING JR DRIVE, ALLENTOWN, PA 18102

Signing Officer

Name
Donna Strauss
Title
Co-director
Phone
6104330011
Signed
2016-01-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Strauss
Formed
1974
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
8
Employees
40
Volunteers
215

Preparer

Firm
Buckno Lisicky & Company Pc
Address
645 HAMILTON ST SUITE 204, ALLENTOWN, PA 18101-2108
Preparer
Jeffrey E Dobeck
Phone
6108218580
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Parkettes are organized for the purpose of providing all boys and girls, regardless of age, financial, mental, or physical ability, the opportunity to experience the joy and benefits of gymnastics while becoming part of our family of athletes. Toward that end, the officers, directors, staff, and volunteers are committed to: programs that cover the entire range of youth and their development, beginning with pre-school classes, with the opportunity for advancement to team programs through which young athletes may ultimately gain national, international, and olympic recognition. Programs for children who have special physical, mental or emotional needs so they may gain physical benefits and inner confidence through the sport of gymnastics. An environment to experience the importance of physical fitness, including strength, balance, flexibility, and coordination, and the value of a disciple.ined training regiment that enhances any athletic endeavor. A learning experience with emphasis on the values of responsibility, competitiveness, dedication, and goal setting, which can be retained throughout adulthood. A community resource that promotes the lehigh valley by increasing its exposure nationally and internationally. Exhibitions for schools, service organizations, and community events to promote public awareness of the importance of physical fitness, and to offer positive role models to aid in the social development of area youth. The resources to aid young gymnasts striving for a berth on the olympic team, a college scholarship, or simply valuable self-esteem.

Form 990, Page 1, Part I, Line 6

All volunteers are part-time and consist primarily of parents and school students that help with functions such as the special olympics.

Form 990, Part IX, Line 24E

Meets and exhibitions 89,056 0 0 travel expense 80,032 0 0 utilities 0 56,312 0 real estate taxes 0 40,677 0 office expense 0 37,685 0 payment processing fee 0 33,638 0 consulting expense 0 20,000 0 covenant expense 0 16,000 0 gifts and awards 0 0 10,975 advertising 0 0 9,888 telephone 0 7,276 0 staff expense 0 6,683 0 birthday party expense 5,794 0 0 class expense 4,480 0 0 promotion 0 0 3,004 bank fees 0 2,472 0 dues and subscriptions 0 1,124 0

Form 990, Part XI, Line 9

Direct fundraising expense 103,991 direct fundraising expense -103,991

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expense 103,991

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expense 103,991

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IRS990/LobbyingActivitiesInd0false
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IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/MissionDesc0PARKETTES ARE ORGANIZED FOR THE PURPOSE OF PROVIDING ALL BOYS AND GIRLS, REGARDLESS OF AGE, FINANCIAL, MENTAL, OR PHYSICAL ABILITY, THE OPPORTUNITY TO EXPERIENCE THE JOY AND BENEFITS OF GYMNASTICS WHILE BECOMING PART OF OUR FAMILY OF ATHLETES. TOWARD THAT END, THE OFFICERS, DIRECTORS, STAFF, AND VOLUNTEERS ARE COMMITTED TO: PROGRAMS THAT COVER THE ENTIRE RANGE OF YOUTH AND THEIR DEVELOPMENT, BEGINNING WITH PRE-SCHOOL CLASSES, WITH THE OPPORTUNITY FOR ADVANCEMENT TO TEAM PROGRAMS THROUGH WHICH YOUNG ATHLETES MAY ULTIMATELY GAIN NATIONAL, INTERNATIONAL, AND OLYMPIC RECOGNITION. PROGRAMS FOR CHILDREN WHO HAVE SPECIAL PHYSICAL, MENTAL OR EMOTIONAL NEEDS SO THEY MAY GAIN PHYSICAL BENEFITS AND INNER CONFIDENCE THROUGH THE SPORT OF GYMNASTICS. AN ENVIRONMENT TO EXPERIENCE THE IMPORTANCE OF PHYSICAL FITNESS, INCLUDING STRENGTH, BALANCE, FLEXIBILITY, AND COORDINATION, AND THE VALUE OF A DISCIPLE.INED TRAINING REGIMENT THAT ENHANCES ANY ATHLETIC ENDEAVOR. A LEARNING EXPERIENCE WITH EMPHASIS ON T
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IRS990/NetAssetsOrFundBalancesEOYAmt01568078
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IRS990/OtherExpensesGrp/Desc1INSURANCE
IRS990/OtherExpensesGrp/Desc2BUILDING EXPENSE
IRS990/OtherExpensesGrp/Desc3TEAM EXPENSE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1110968
IRS990/OtherExpensesGrp/ProgramServicesAmt0149271
IRS990/OtherExpensesGrp/ProgramServicesAmt198647
IRS990/OtherExpensesGrp/TotalAmt0149271
IRS990/OtherExpensesGrp/TotalAmt1135203
IRS990/OtherExpensesGrp/TotalAmt2110968
IRS990/OtherExpensesGrp/TotalAmt398647
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02060
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IRS990/OtherRevenueTotalAmt02060
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052266
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0927049
IRS990/OtherSalariesAndWagesGrp/TotalAmt0979315
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017111
IRS990/PayrollTaxesGrp/ProgramServicesAmt077055
IRS990/PayrollTaxesGrp/TotalAmt094166
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039974
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036782
IRS990/PrincipalOfficerNm0WILLIAM STRAUSS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711210
IRS990/ProgramServiceRevenueGrp/BusinessCd1711210
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEETS AND EXIBITIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01926062
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1326110
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01926062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1326110
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt017373
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03452
IRS990/PYOtherExpensesAmt01005744
IRS990/PYOtherRevenueAmt0140367
IRS990/PYProgramServiceRevenueAmt01989835
IRS990/PYRevenuesLessExpensesAmt038204
IRS990/PYSalariesCompEmpBnftPaidAmt01107079
IRS990/PYTotalExpensesAmt02112823
IRS990/PYTotalRevenueAmt02151027
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0170981
IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0889437
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0894826
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0475133
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01125993
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01601126
IRS990ScheduleD/EquipmentGrp/BookValueAmt094040
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0501846
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0595886
IRS990ScheduleD/ExpensesNotReportedAmt0103991
IRS990ScheduleD/ExpensesSubtotalAmt02252721
IRS990ScheduleD/LandGrp/BookValueAmt013350
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013350
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0404
IRS990ScheduleD/OtherExpensesIncludedAmt0103991
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124321
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TEAM MEET ESCROW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED WAGES AND WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3EMPLOYEE BENEFITS PAYABLE
IRS990ScheduleD/OtherRevenueAmt0103991
IRS990ScheduleD/RevenueNotReportedAmt0104395
IRS990ScheduleD/RevenueSubtotalAmt02423702
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT FUNDRAISING EXPENSE 103,991
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSE 103,991
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0582523
IRS990ScheduleD/TotalExpensesPerForm990Amt02252721
IRS990ScheduleD/TotalLiabilityAmt065431
IRS990ScheduleD/TotalRevenuePerForm990Amt02423702
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02528097
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02356712
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0BROCHURES AND ADVERTISING IDENTIFY NON-DISCRIMINATION POLICY OF ORGANIZATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0103991
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHALK BOX
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt064789
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt052308
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0129012
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0246109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt064789
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt052308
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0129012
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0246109
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0142118
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt058439
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0100691
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt040511
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01741
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt09
IRS990ScheduleG/LicensedStatesCd0PA
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CHRISTY DAWSON STRAUSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1TRICIA SCOTT STRAUSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2WILLIAM STRAUSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3DONAA STRAUSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DAUGHTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DAUGHTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3DIRECTOR
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt150998
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt218000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt318000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PART TIME WAGES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1WAGES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2COVENANT EXPENSE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3COVENANT EXPENSE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARKETTES ARE ORGANIZED FOR THE PURPOSE OF PROVIDING ALL BOYS AND GIRLS, REGARDLESS OF AGE, FINANCIAL, MENTAL, OR PHYSICAL ABILITY, THE OPPORTUNITY TO EXPERIENCE THE JOY AND BENEFITS OF GYMNASTICS WHILE BECOMING PART OF OUR FAMILY OF ATHLETES. TOWARD THAT END, THE OFFICERS, DIRECTORS, STAFF, AND VOLUNTEERS ARE COMMITTED TO: PROGRAMS THAT COVER THE ENTIRE RANGE OF YOUTH AND THEIR DEVELOPMENT, BEGINNING WITH PRE-SCHOOL CLASSES, WITH THE OPPORTUNITY FOR ADVANCEMENT TO TEAM PROGRAMS THROUGH WHICH YOUNG ATHLETES MAY ULTIMATELY GAIN NATIONAL, INTERNATIONAL, AND OLYMPIC RECOGNITION. PROGRAMS FOR CHILDREN WHO HAVE SPECIAL PHYSICAL, MENTAL OR EMOTIONAL NEEDS SO THEY MAY GAIN PHYSICAL BENEFITS AND INNER CONFIDENCE THROUGH THE SPORT OF GYMNASTICS. AN ENVIRONMENT TO EXPERIENCE THE IMPORTANCE OF PHYSICAL FITNESS, INCLUDING STRENGTH, BALANCE, FLEXIBILITY, AND COORDINATION, AND THE VALUE OF A DISCIPLE.INED TRAINING REGIMENT THAT ENHANCES ANY ATHLETIC ENDEAVOR. A LEARNING EXPERIENCE WITH EMPHASIS ON THE VALUES OF RESPONSIBILITY, COMPETITIVENESS, DEDICATION, AND GOAL SETTING, WHICH CAN BE RETAINED THROUGHOUT ADULTHOOD. A COMMUNITY RESOURCE THAT PROMOTES THE LEHIGH VALLEY BY INCREASING ITS EXPOSURE NATIONALLY AND INTERNATIONALLY. EXHIBITIONS FOR SCHOOLS, SERVICE ORGANIZATIONS, AND COMMUNITY EVENTS TO PROMOTE PUBLIC AWARENESS OF THE IMPORTANCE OF PHYSICAL FITNESS, AND TO OFFER POSITIVE ROLE MODELS TO AID IN THE SOCIAL DEVELOPMENT OF AREA YOUTH. THE RESOURCES TO AID YOUNG GYMNASTS STRIVING FOR A BERTH ON THE OLYMPIC TEAM, A COLLEGE SCHOLARSHIP, OR SIMPLY VALUABLE SELF-ESTEEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL VOLUNTEERS ARE PART-TIME AND CONSIST PRIMARILY OF PARENTS AND SCHOOL STUDENTS THAT HELP WITH FUNCTIONS SUCH AS THE SPECIAL OLYMPICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DONNA AND WILLIAM STRAUSS CO-DIRECTOR HUSBAND & WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 WAS PREPARED IN DRAFT FORM AND DISTIBUTED TO THE BOARD OF DIRECTORS FOR COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEETS AND EXHIBITIONS 89,056 0 0 TRAVEL EXPENSE 80,032 0 0 UTILITIES 0 56,312 0 REAL ESTATE TAXES 0 40,677 0 OFFICE EXPENSE 0 37,685 0 PAYMENT PROCESSING FEE 0 33,638 0 CONSULTING EXPENSE 0 20,000 0 COVENANT EXPENSE 0 16,000 0 GIFTS AND AWARDS 0 0 10,975 ADVERTISING 0 0 9,888 TELEPHONE 0 7,276 0 STAFF EXPENSE 0 6,683 0 BIRTHDAY PARTY EXPENSE 5,794 0 0 CLASS EXPENSE 4,480 0 0 PROMOTION 0 0 3,004 BANK FEES 0 2,472 0 DUES AND SUBSCRIPTIONS 0 1,124 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DIRECT FUNDRAISING EXPENSE 103,991 DIRECT FUNDRAISING EXPENSE -103,991
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.30$2.15$2.36$2.32$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.29$2.06$2.34$2.22$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.32$1.91$2.36$2.23$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.23$1.83$2.12$2.00$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.40$1.65$1.74$1.97$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.23$1.86$2.42$2.49$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.29$1.91$2.52$2.51$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.32$1.88$2.60$2.38$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.94$0.28$1.66$2.46$2.37$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.29$1.57$2.42$2.25$0.17
2014Summary only. Only limited summary data is available for this year.$1.63$0.24$1.40$2.15$2.11$0.04
2013Summary only. Only limited summary data is available for this year.$1.51$0.16$1.36$2.11$1.95$0.15
2012Summary only. Only limited summary data is available for this year.$1.45$0.25$1.20$1.94$1.98$0.04
2011Summary only. Only limited summary data is available for this year.$1.49$0.25$1.24$1.85$1.80$0.05