Civic Intelligence

Kendrick Gymnastics

990EZ • Fiscal year 2021 • EIN 84-2385981

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 14, 2022

330 Harry StreetConshohocken, PA 19428

(267) 266-3846

Siviq Scores

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

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

51st percentile

9.4%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

79th percentile

$3,179

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

68%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

187%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$32,050

Up $13,023 (+68%) from 2020

Net Assets

$29,158

No earlier filing loaded for comparison.

Liabilities

Flat

$2,892

Flat from 2020

Revenue

Up

$138,846

Up $90,404 (+187%) from 2020

Expenses

Up

$125,827

Up $90,126 (+252%) from 2020

Net Income

Up

$13,019

Up $278 (+2.2%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2017: $6,609Liabilities 2017: $9,057Net Assets 2017: -$2,4482017Assets 2018: $1,601Liabilities 2018: $3,297Net Assets 2018: -$1,6962018Assets 2019: $6,286Liabilities 2019: $2,892Net Assets 2019: $3,3942019Assets 2020: $19,027Liabilities 2020: $2,8922020Assets 2021: $32,050Liabilities 2021: $2,892Net Assets 2021: $29,1582021Assets 2022: $70,263Liabilities 2022: $2,892Net Assets 2022: $67,3712022Assets 2023: $69,677Liabilities 2023: $2,892Net Assets 2023: $66,7852023Assets 2024: $62,777Liabilities 2024: $1,049Net Assets 2024: $61,7282024Assets 2025: $85,829Liabilities 2025: $1,049Net Assets 2025: $84,7802025

Highlighted filing

2021

Assets$32,050
Liabilities$2,892
Net Assets$29,158

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $18,148Expenses 2017: $20,696Net Income 2017: -$2,5482017Revenue 2018: $24,632Expenses 2018: $23,880Net Income 2018: $7522018Revenue 2019: $26,622Expenses 2019: $21,532Net Income 2019: $5,0902019Revenue 2020: $48,442Expenses 2020: $35,701Net Income 2020: $12,7412020Revenue 2021: $138,846Expenses 2021: $125,827Net Income 2021: $13,0192021Revenue 2022: $280,983Expenses 2022: $242,770Net Income 2022: $38,2132022Revenue 2023: $360,242Expenses 2023: $360,828Net Income 2023: -$5862023Revenue 2024: $414,589Expenses 2024: $422,632Net Income 2024: -$8,0432024Revenue 2025: $464,614Expenses 2025: $441,412Net Income 2025: $23,2022025

Highlighted filing

2021

Revenue$138,846
Expenses$125,827
Net Income$13,019
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 14, 2022
Return Version
2020v4.2
Gross Receipts
$138,846
Mission and Program Overview

Mission

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.

Program Services

DescriptionGrantsExpenses
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. OUR COMPETITIVE TEAM, THE KENDRICK KIPPETTES HAVE WON A MULTITUDE OF LOCAL TITLES. INDIVIDUAL TEAM MEMBERS HAVE WON LOCAL & STATE CHAMPIONSHIP TITLES AND QUALIFIED FOR REGIONALS. ATHLETES ON THE TEAM LEARN IMPORTANT LESSONS AND VALUES SUCH AS SPORTSMANSHIP, DETERMINATION, PERSERVERANCE, COMMITMENT, TIME MANAGEMENT AND HEALTHY HABITS.$0$108,219
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANETTE SANTOREPresidentPT$3,179-$3,179
THERESA HENDERSONSecretaryPT$2,083-$2,083
VERNIQUE FIELDSBoard Member-$0--
KELLY ORENSHAWBoard Member-$0--
DR JULIE FISHERBoard Member-$0--
WILLIAM SALVATOREVice PresidentPT$0--
STEPHANIE MCFARLANETreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Kendrick Gymnastics
EIN
84-2385981
Phone
2672663846
Address
330 HARRY STREET, CONSHOHOCKEN, PA 19428

Signing Officer

Name
Janette Santore
Title
President
Phone
2672663846
Signed
2022-07-14
Discuss with paid preparer
Yes

Preparer

Firm
Wipfli Llp
Address
170 NORTH RADNOR-CHESTER ROAD SUITE, 200, RADNOR, PA 19087
Preparer
Solomon Mardakhaev
Phone
6105653930
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: dues. Amount: 14,814. Description: office supplies. Amount: 745. Description: travel. Amount: 2,108. Description: charitable contributions . Amount: 2,268. Description: insurance. Amount: 9,282. Description: bank fees. Amount: 2,865. Description: fundraising expenses. Amount: 1,889. Description: gymnast gifts. Amount: 1,624. Description: team uniforms . Amount: 1,610. Description: prizes/ incentives. Amount: 310. Description: other administrative. Amount: 529. Description: staff incentives / medals. Amount: 1,069. Description: taxes & licenses. Amount: 321. Description: gym supplies. Amount: 5,170. Description: meals expense . Amount: 255. Total to form 990-ez, line 16: 44,859.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to meet directors. Beg. Of year amount: 2,892. End of year amount: 2,892.

Raw XML Appendix170 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WILLIAM SALVATORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5STEPHANIE MCFARLANE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0THE 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.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE YEAR TAX YEAR 2019 WAS A SHORT YEAR FROM 01/01/2020 - 08/31/2020.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DUES. AMOUNT: 14,814. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 745. DESCRIPTION: TRAVEL. AMOUNT: 2,108. DESCRIPTION: CHARITABLE CONTRIBUTIONS . AMOUNT: 2,268. DESCRIPTION: INSURANCE. AMOUNT: 9,282. DESCRIPTION: BANK FEES. AMOUNT: 2,865. DESCRIPTION: FUNDRAISING EXPENSES. AMOUNT: 1,889. DESCRIPTION: GYMNAST GIFTS. AMOUNT: 1,624. DESCRIPTION: TEAM UNIFORMS . AMOUNT: 1,610. DESCRIPTION: PRIZES/ INCENTIVES. AMOUNT: 310. DESCRIPTION: OTHER ADMINISTRATIVE. AMOUNT: 529. DESCRIPTION: STAFF INCENTIVES / MEDALS. AMOUNT: 1,069. DESCRIPTION: TAXES & LICENSES. AMOUNT: 321. DESCRIPTION: GYM SUPPLIES. AMOUNT: 5,170. DESCRIPTION: MEALS EXPENSE . AMOUNT: 255. TOTAL TO FORM 990-EZ, LINE 16: 44,859.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE TO MEET DIRECTORS. BEG. OF YEAR AMOUNT: 2,892. END OF YEAR AMOUNT: 2,892.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxPeriodEndDt02021-08-31
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