NonprofitsPhiladelphia Boys Gymnastics

Recreation & Sports

Philadelphia Boys Gymnastics

PHILADELPHIA, PA

Total revenue

$332K

Total expenses

$432K

Net assets

$72K

Grants received

$203K

13 grants

EIN

452736378

Tax year

2023

Mission

To operate a program to provide Philadelphia area youth with a quality training and competitive experience in boys' gymnastics. In January, 2021, we added training for beginner girls. A secondary goal is to support the Temple University Men's Gymnastics Team, which was dropped from varsity status on June 30, 2014, but continues to train and compete intercollegiately.

Programs

3 programs

Our program for beginner girls serviced over 140 students.

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We also allocated resources to the Save Temple University Men's Gymnastics fund in the Philadelphia Foundation. That endowment donated $34,243 to us to pay the Temple U Men's Gymnastics coaches for services, as Temple U terminated that varsity program on June 30, 2014. We continued to solicit grants from foundations and had some success in getting extra funds which allowed us to purchase new equipment to make our training area safer and more up-to-date.

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We were able to get a grant from a source for $15,000 to help pay for back rent as we were closed for 6 months in the calendar year 2020 due to the pandemic-imposed rules made by the City of Philadelphia. We are still behind in rent and are paying it off slowly. We expect to settle this debt in the next fiscal year.

Grants: $15K

Financials

FY 2023

Revenue

Contributions & grants$63K
Program service revenue$246K
Investment income
Other revenue$23K
Total revenue$332K

Expenses

Grants paid
Salaries & benefits$169K
Fundraising
Other expenses$263K
Total expenses$432K
Total assets$122K
Net assets$72K

People

7 listed

NameRoleCompensation

Thomas C Gibbs

president

Board

1 hrs/wk

Allan J Turoff

secretary-treasurer

Board

1 hrs/wk

Fred Turoff

program director

Staff

$43K

38 hrs/wk

Jesse Kitzen-Abelson

coach

Staff

$38K

24 hrs/wk

Joshua C Smith

coach

Staff

$25K

21 hrs/wk

Jennifer M Lex

coach

Staff

$11K

24 hrs/wk

Anthony B McHugh

coach

Staff

$11K

12 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$42K
IN SUPPORT OF COACHING EXPENSES FOR THE TEMPLE MEN
2024
$300
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$37K
EXPENSES OF TEMPLE MEN'S GYMNASTICS TEAM
2023
$3K
GENERAL SUPPORT
2023
$200
GENERAL OPERATING SUPPORT
2023
$52K
TEMPLE UNIVERSITY MEN'S GYMNASTICS COACHING SERVICES
2022
$200
GENERAL OPERATING SUPPORT
2022
$5K
UNRESTRICTED
2021
$400
GENERAL OPERATING SUPPORT
2021
$31K
PROGRAM SUPPORT, TEMPLE MEN'S GYMNASTICS, TEMPLE UNIVERSITY MEN'S GYMNASTICS COACHING SERVICES
2020
$15K
TEMPLE UNIVERSITY MEN'S GYMNASTICS COACHING SERVICES
2019
$15K
TEMPLE MEN'S GYMNASTICS COACHING SERVICES
2019
$2K
PURCHASE & UPGRADE THE POMMEL HORSE BODY, MAKING THE TRAINING SITUATION CURRENT & SAFE FOR THE STUDENTS
2018

Funded by

$203K from 5 funders · 13 grants · 2018–2024

The Philadelphia Foundation

$192K · 6 grants · 2019–2024

Network For Good

$5K · 1 grant · 2021

The Ogilvie Family Foundation

$3K · 1 grant · 2023

Albert W Bader Foundation Inc

$2K · 1 grant · 2018

Jpmorgan Chase Foundation

$1K · 4 grants · 2021–2024

Details

EIN452736378
NTEE codeN60
Subsection03
Ruling date2011-09
Formed2011
Employees25
Volunteers0
PHILADELPHIA BOYS GYMNASTICS — Mission, Financials & Grants Received | Grantivo