PARKETTE NATIONAL GYMNASTIC TEAM INC
Mission Statement
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 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.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.9% | 87.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.1% | 9.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1.0% | 10.1% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.2 mo | 7.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
13.2% | 11.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.7% | 90.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-3.6% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.4% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.4% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.3M | $2.3M | $2.2M | 78.9% | 68 |
| 2024 | $2.4M | $2.3M | $2.1M | 80.4% | 62 |
| 2023 | $2.3M | $2.2M | $2.1M | 78.0% | 67 |
| 2022 | $2.4M | $2.2M | $1.9M | 75.5% | 66 |
| 2021 | $2.1M | $2.0M | N/A | — | 59 |
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