Civic Intelligence

Parkette National Gymnastic Team Inc.

990 • Fiscal year 2022 • EIN 23-2046090

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 13, 2023

401 Martin Luther King Jr DriveAllentown, PA 18106

(610) 433-0011

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.14x

Higher debt load relative to assets than 63% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.14x

Higher debt load relative to revenue than 59% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

47th percentile

5.3%

Higher net margin than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

70th percentile

$102,934

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

64th percentile

8.0%

Faster asset growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

11%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,230,871

Up $164,349 (+8.0%) from 2021

Net Assets

Up

$1,909,681

Up $76,681 (+4.2%) from 2021

Liabilities

Up

$321,190

Up $87,668 (+38%) from 2021

Revenue

Up

$2,355,294

Up $239,648 (+11%) from 2021

Expenses

Up

$2,231,344

Up $228,096 (+11%) from 2021

Net Income

Up

$123,950

Up $11,552 (+10%) from 2021

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

2022

Assets$2,230,871
Liabilities$321,190
Net Assets$1,909,681

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

2022

Revenue$2,355,294
Expenses$2,231,344
Net Income$123,950
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 13, 2023
Return Version
2021v4.0
Gross Receipts
$2,445,828
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
Investments in Publicly Traded Securities$1,008,501$1,047,941▲ $39,440
Land, Buildings, and Equipment, Net$428,061$390,860▼ $37,201
Savings and Temporary Cash Investments$454,308$351,777▼ $102,531
Cash and Non-Interest-Bearing Accounts$149,386$344,917▲ $195,531
Prepaid Expenses and Deferred Charges$10,829$82,822▲ $71,993
Accounts Receivable$4,799$12,554▲ $7,755
Inventories for Sale or Use$10,638--
Total Assets$2,066,522$2,230,871▲ $164,349
Liabilities
Deferred Revenue$167,999$202,463▲ $34,464
Accounts Payable and Accrued Expenses$18,114$61,981▲ $43,867
Other Liabilities$47,409$56,746▲ $9,337
Total Liabilities$233,522$321,190▲ $87,668
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,833,000$1,909,681▲ $76,681
Total Net Assets Fund Balance$1,833,000$1,909,681▲ $76,681
Total Liabilities and Net Assets / Fund Balance$2,066,522$2,230,871▲ $164,349

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$358,690$1,305,196$1,663,886
Equipment$18,820$688,001$706,821
Land$13,350-$13,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna StraussCo-directorFT$102,440$494$102,934
William StraussPresident /cFT$97,500$494$97,994

Board Members and Trustees

NameTitle
-Board Member
Daniel DawsonBoard Member
Frank NacciBoard Member
Kurt FeldmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,285
Program Service Revenue
$2,239,054
Investment Income
$13,071
Other Revenue
$98,884
All Other Contributions
$4,032
Change in Net Assets
$123,950

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,332,216
Revenue Not Reported on Financial Statements
$23,078
Revenue Not Reported on Form 990
$-47,269
Total Revenue per Audited Statements
$2,284,947
Total Revenue per Form 990
$2,355,294
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,286,885
Other Expenses$944,459
Total Fundraising Expense$7,714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$778,807$204,625-$983,432
All Other Expenses$169,038$148,595$5,113$322,746
Current Officers, Directors, Trustees, and Key Employees$152,275--$152,275
Payroll Taxes$77,337$15,654-$92,991
Other Expenses$70,716$19,500-$70,716
Other Employee Benefits$47,703$10,484-$58,187
Insurance$41,648$7,350-$48,998
Fees for Services Legal-$39,105-$39,105
Depreciation Depletion$14,631$22,570-$37,201
Office Expenses-$31,282-$31,282
Fees for Service Investment Mgmnt Fees-$23,078-$23,078
Fees for Services Accounting-$17,800-$17,800
Advertising--$2,601$2,601
Total Functional Expenses$1,683,587$540,043$7,714$2,231,344

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,231,344
Expenses per Audited Statements$2,208,266
Total Expenses per Audited Statements$2,208,266
Expenses Not Reported on Financial Statements$23,078
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$182,780
Fundraising Direct Expenses$90,534
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other$55,777$55,777$8,244$47,533
Lottery$32,080$32,080$9,308$22,772
Total Events$178,775$178,775$70,754$108,021
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
Christy Dawson StraussDaughterPart Time WagesNo-
Donna StraussDirectorConsulting ExpenseNo-
Tricia Scott StraussDaughterWagesNo-
William StraussDirectorConsulting ExpenseNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages and Wages$56,746
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 daniel dawson donna and william strauss treasurer son in law

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 18106

Signing Officer

Name
Donna Strauss
Title
Co-director
Phone
6104330011
Signed
2023-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Strauss
Formed
1974
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
5
Employees
66
Volunteers
100

Preparer

Firm
Buckno Lisicky & Company Pc
Address
645 HAMILTON ST SUITE 204, ALLENTOWN, PA 18101
Preparer
David J Marakovits
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

Payment processing fee 0 60,803 0 consulting expense 0 60,000 0 team expense 54,438 0 0 utilities 45,617 8,050 0 real estate taxes 42,322 7,469 0 birthday party expense 11,792 0 0 telephone 7,619 1,344 0 class expense 7,250 0 0 dues and subscriptions 0 6,705 0 gifts and awards 0 0 4,433 bank fees 0 3,357 0 staff expense 0 867 0 promotion 0 0 680 total 169,038 148,595 5,113

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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01833000
IRS990/NetAssetsOrFundBalancesEOYAmt01909681
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt092246
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt092246
IRS990/NetUnrlzdGainsLossesInvstAmt0-47269
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01833000
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01909681
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031282
IRS990/OfficeExpensesGrp/TotalAmt031282
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010484
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047703
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058187
IRS990/OtherExpensesGrp/Desc0BUILDING EXPENSE
IRS990/OtherExpensesGrp/Desc1OUTSIDE LABOR
IRS990/OtherExpensesGrp/Desc2MEETS AND EXHIBITIONS
IRS990/OtherExpensesGrp/Desc3TRAVEL EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019500
IRS990/OtherExpensesGrp/ProgramServicesAmt0110502
IRS990/OtherExpensesGrp/ProgramServicesAmt1115883
IRS990/OtherExpensesGrp/ProgramServicesAmt2105047
IRS990/OtherExpensesGrp/ProgramServicesAmt370716
IRS990/OtherExpensesGrp/TotalAmt0130002
IRS990/OtherExpensesGrp/TotalAmt1115883
IRS990/OtherExpensesGrp/TotalAmt2105047
IRS990/OtherExpensesGrp/TotalAmt370716
IRS990/OtherLiabilitiesGrp/BOYAmt047409
IRS990/OtherLiabilitiesGrp/EOYAmt056746
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06638
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06638
IRS990/OtherRevenueTotalAmt06638
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0204625
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0778807
IRS990/OtherSalariesAndWagesGrp/TotalAmt0983432
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015654
IRS990/PayrollTaxesGrp/ProgramServicesAmt077337
IRS990/PayrollTaxesGrp/TotalAmt092991
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010829
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt082822
IRS990/PrincipalOfficerNm0WILLIAM STRAUSS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711210
IRS990/ProgramServiceRevenueGrp/BusinessCd1711210
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEETS AND EXIBITIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01963638
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1275416
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01963638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1275416
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0254750
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07738
IRS990/PYOtherExpensesAmt0888602
IRS990/PYOtherRevenueAmt092730
IRS990/PYProgramServiceRevenueAmt01760428
IRS990/PYRevenuesLessExpensesAmt0112398
IRS990/PYSalariesCompEmpBnftPaidAmt01114646
IRS990/PYTotalExpensesAmt02003248
IRS990/PYTotalRevenueAmt02115646
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0123950
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02239054
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0454308
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0351777
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0358690
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01305196
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01663886
IRS990ScheduleD/EquipmentGrp/BookValueAmt018820
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0688001
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0706821
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt023078
IRS990ScheduleD/ExpensesSubtotalAmt02208266
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt023078
IRS990ScheduleD/InvestmentExpensesNotIncldAmt023078
IRS990ScheduleD/LandGrp/BookValueAmt013350
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013350
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-47269
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt056746
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES AND WAGES
IRS990ScheduleD/RevenueNotReportedAmt0-47269
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt023078
IRS990ScheduleD/RevenueSubtotalAmt02332216
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0390860
IRS990ScheduleD/TotalExpensesPerForm990Amt02231344
IRS990ScheduleD/TotalLiabilityAmt056746
IRS990ScheduleD/TotalRevenuePerForm990Amt02355294
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02284947
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02208266
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/DirectExpenseSummaryEventsAmt070754
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OTHER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LOTTERY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055777
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt032080
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt090918
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0178775
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt055777
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt032080
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt090918
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0178775
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0108021
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt053202
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt070754
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08244
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt09308
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CHRISTY DAWSON STRAUSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1TRICIA SCOTT STRAUSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2WILLIAM STRAUSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3DONNA STRAUSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DAUGHTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DAUGHTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PART TIME WAGES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1WAGES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2CONSULTING EXPENSE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3CONSULTING 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 DANIEL DAWSON DONNA AND WILLIAM STRAUSS TREASURER SON IN LAW
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/ExplanationTxt5PAYMENT PROCESSING FEE 0 60,803 0 CONSULTING EXPENSE 0 60,000 0 TEAM EXPENSE 54,438 0 0 UTILITIES 45,617 8,050 0 REAL ESTATE TAXES 42,322 7,469 0 BIRTHDAY PARTY EXPENSE 11,792 0 0 TELEPHONE 7,619 1,344 0 CLASS EXPENSE 7,250 0 0 DUES AND SUBSCRIPTIONS 0 6,705 0 GIFTS AND AWARDS 0 0 4,433 BANK FEES 0 3,357 0 STAFF EXPENSE 0 867 0 PROMOTION 0 0 680 TOTAL 169,038 148,595 5,113
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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02066522
IRS990/TotalAssetsEOYAmt02230871
IRS990/TotalAssetsGrp/BOYAmt02066522
IRS990/TotalAssetsGrp/EOYAmt02230871
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04285
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07714
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0540043
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01683587
IRS990/TotalFunctionalExpensesGrp/TotalAmt02231344
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0233522
IRS990/TotalLiabilitiesEOYAmt0321190
IRS990/TotalLiabilitiesGrp/BOYAmt0233522
IRS990/TotalLiabilitiesGrp/EOYAmt0321190
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01833000
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01909681
IRS990/TotalOtherCompensationAmt0988
IRS990/TotalProgramServiceExpensesAmt01683587
IRS990/TotalProgramServiceRevenueAmt02239054
IRS990/TotalReportableCompFromOrgAmt0199940
IRS990/TotalRevenueGrp/ExclusionAmt0105317
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02245692
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02355294
IRS990/TotalVolunteersCnt0100

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
2022Detailed filing. Detailed filing data is available for this year.$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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