Virginia Gymnastics Booster Club Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
FOSTER DEVELOPMENT OF YOUNG GYMNASTS
- Income
- $239,011
- Spending
- $262,438
- Spent on programs
- 98%
- Reserves
- 1 months of spending
- Largest source of income
- fees for its services, 84%
- Employees
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 30% of charities in its peer group (recreation and sports, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
15 of 1598% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 25 out of 100. Higher than 10% of charities in its peer group (recreation and sports, under $250k).
Independent board
5 of 250 of 6 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $256,862 spent. VGBC MEMBERS CONTRIBUTE TIME AND LABOR TO ACTIVITIES SPONSORED BY APEX GYMNASTICS. THE ORGANIZATIOIN HAS CONTRIBUTED TIME AND MONEY TO COVER EXPENSES OF THE COMPETITIVE PROGRAM AT APEX. IT IS ESTIMATED THAT A PARENT OR GUARDIAN OF A COMPETITIVE GYMNAST WILL SPEND ABOUT 2500 PER YEAR FOR UNIFORMS AND MEET REGISTRATIONS AND PARTICIPATION. TO DEFRAY SOME OF THESE COSTS AND MAKE IT POSSIBLE FOR CHILDREN OF ALL ECONOMIC BACKGROUNDS TO COMPETE IN A TOP RATE COMPETITIVE GYMNASTICS PROGRAM, THE BOOSTER CLUB ARRANGES AND STAGES FUND RAISING EFFORTS. THE BOOSTER CLUB CONTRIBUTES A SIGNIFICANT AMOUNT OF LABOR TO HELP HOST 1 OR 2 COMPETITIVE MEETS PER YEAR. EXAMPLES OF TASK AREAS INCLUDE EQUIPMENT SETUP AND TEAR DOWN, CROWD CONTROL AND SCORING, DEFRAYING THE COSTS OF JUDGES AND COACHES. VGBC MEMBERS CONTRIBUTE TIME AND LABOR TO ACTIVITIES SPONSORED BY APEX GYMNASTICS. THE ORGANIZATIOIN HAS CONTRIBUTED TIME AND MONEY TO COVER EXPENSES OF THE COMPETITIVE PROGRAM AT APEX. IT IS ESTIMATED THAT A PARENT OR GUARDIAN OF A COMPETITIVE GYMNAST WILL SPEND ABOUT 2500 PER YEAR FOR UNIFORMS AND MEET REGISTRATIONS AND PARTICIPATION. TO DEFRAY SOME OF THESE COSTS AND MAKE IT POSSIBLE FOR CHILDREN OF ALL ECONOMIC BACKGROUNDS TO COMPETE IN A TOP RATE COMPETITIVE GYMNASTICS PROGRAM, THE BOOSTER CLUB ARRANGES AND STAGES FUND RAISING EFFORTS. THE BOOSTER CLUB CONTRIBUTES A SIGNIFICANT AMOUNT OF LABOR TO HELP HOST 1 OR 2 COMPETITIVE MEETS PER YEAR. EXAMPLES OF TASK AREAS INCLUDE EQUIPMENT SETUP AND TEAR DOWN, CROWD CONTROL AND SCORING, DEFRAYING THE COSTS OF JUDGES AND COACHES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.