Charity Search / PARKETTE NATIONAL GYMNASTIC TEAM INC
Recreation & Sports (N6XZ) IRS Verified DX Registered 990 on File

PARKETTE NATIONAL GYMNASTIC TEAM INC

EIN: 23-2046090 · ALLENTOWN, PA 18102-5407 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 55/100
Effectiveness (25%) 93/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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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
$2.3M
Total Revenue
$2.3M
Total Expenses
$2.2M
Net Assets
68
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.9%
Fundraising Efficiency 1.0%
Operating Reserve 11.20x
Liability-to-Asset 13.2%
Revenue Diversification 92.7%
Executive Compensation $251K
Compared with Peers
FY 2025
Compared with 967 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
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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Organization Details
EIN
23-2046090
State
PA
City
ALLENTOWN
ZIP
18102-5407
Classification
N6XZ
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1968
Foundation Code
16
Form 990
On File
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