2022-11-14T12:41:01-08:00 2021-12-31 431982864 Murray and Becker LLC 1640 Tilton Rd Northfield NJ 08225 990 2021-01-01 462404698 BRIGHT STARS GYMNASTICS PARENTS ASSOCIATION A NJ NON PROFIT CORPORATION BRIG 6099262682 3330 BARGAINTOWN ROAD 4 EGG HARBOR TOWNSHIP NJ 08234 NICOLE TUNIS President 2022-11-14 true NICOLE TUNIS 999009999 Robert K Becker CPA P00023650 6096410880 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z 3330 BARGAINTOWN ROAD 4 EGG HARBOR TOWNSHIP NJ 08234 230274 false X N/A X 2013 NJ TO FOSTER AND SUPPORT THE AMATEUR ATHLETES OF BRIGHT STARS GYMNASTICS GYM BY PROVIDING SUPPORT TO THE VARIOUS TEAMS IN ALL AREAS OF COMPETITION. 4 0 4 0 71014 171675 0 0 29811 23618 100825 195293 1000 0 22332 30179 0 0 69149 195303 91481 226482 9344 -31189 104414 73442 183 400 104231 73042 TO FOSTER AND SUPPORT THE AMATEUR ATHLETES OF BRIGHT STARS GYMNASTICS GYM BY PROVIDING SUPPORT TO THE VARIOUS TEAMS IN ALL AREAS OF COMPETITION. false false 226421 TO FOSTER AND SUPPORT THE AMATEUR ATHLETES OF BRIGHT STARS GYMNASTICS GYM BY PROVIDING SUPPORT TO THE VARIOUS TEAMS IN ALL AREAS OF COMPETITION. 226421 true false false false false false false false false false false false false false true false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false true 4 0 true 4 true false false false false false false false 0 false false false false false false false X 4 0 false false false false false false false false false false false false false false false false false false NJ X BONNIE PETITT 6099262682 3330 BARGAINTOWN ROAD SUITE 4 EGG HARBOR TOWNSHIP NJ 08234 X BONNIE PETITT Trustee 0.00 0.00 X 0 0 0 NICOLE CASAMENTO Vice President 0.00 0.00 X 0 0 0 NICOLE TUNIS President 0.00 0.00 X 0 0 0 KAYLA COSTIGLIOLA Trustee 0.00 0.00 X 0 0 0 0 false false false 0 38590 133085 171675 0 0 0 0 0 0 37543 28194 9349 21056 6787 14269 14269 0 0 195293 14269 X 1000 1000 0 0 0 0 0 27400 27400 0 0 2779 2779 0 0 285 285 0 0 0 956 956 0 0 1120 1120 0 0 16011 16011 0 0 0 0 0 607 607 MEET FEES 67345 67345 UNIFORM EXPENSE 34521 34521 MEET EXPENSE 19120 19120 CLINICS 16441 16441 38897 38836 61 226482 226421 61 0 104414 73442 0 0 0 0 0 0 0 0 0 0 0 0 0 0 104414 73442 183 400 183 400 X 104231 73042 104231 73042 104414 73442 -31189 X false false false X 30993 40701 13474 23367 38590 147125 137191 121622 136299 47647 133549 576308 0 0 0 168184 162323 149773 71014 172139 723433 0 0 723433 0 0 0 82596 115365 29015 75170 58599 360745 250780 277688 178788 146184 230738 1084178 0.66730 0.64120 0.00000 X Payroll taxes payable 400 400 X X X false NCAA GYMNASTS 35954 35954 19329 924 35954 35954 19329 924 20253 15701 21056 5682 750 355 false false false 21056 5682 750 355 6787 14269 NJ true false false false 1.00000 false false Statement Note 1 Capitalization policy of BRIGHT STARS GYMNASTICS PARENTS ASSOCIATION Adoption Date January 1,2014Purpose: This capitalization policy is being adopted for book purposes in consideration of and pursuant to Internal Revenue Service (IRS) imposition of finalized Tangible Property Regulations (TPR) (Reg. 1.162-3, 1.162-4, 1.263(a)-2, 1.263(a)-3, TD 9636, 2013-43 IRB 331,78 Fed. Reg. 5786) and pertains to amount paid to acquire, produce, or improve tangible property. This policy is intended to conform to the regulations as a means of distinguishing capital expenditures from supplies, repairs, maintenance, and other deductible business expenses. I. Materials & Supplies A. Defined as:1. Component parts to maintain, repair or improve real property2. Fuel, lubricants, water- to be consumed in 12 months or less3. Units of property costing $2,500 or less (Safe Harbor election is to be considered annually for tax purposes. If this election is NOT made annually, then the threshold is reduced to $200 for tax purposes)4. Units of property with useful life of 12 months or lessB.Expensed when paid if incidental (if cash basis) provided income is clearly reflected- i.e. carried on hand and no record of consumption or physical inventoryC.Expensed when used in non-incidental and not de minimis ($2,500 or less).(De Minimis Safe Harbor is to be considered annually for tax purposes).II. Costs that must be capitalized: costs resulting in A.Betterments-1. Corrects pre-acquisition or production defect2. Material addition3. Reasonably expected to increase capacity, productivity, efficiency, etc.B. Adaptations- to a new or different useC. Restorations1. Replace component of unit of property where deducted loss for that component, or sold that component and recognized gain or loss2. Returns a unit of property to operating when deteriorated and no longer functional for its intended use 3. Rebuilding of unit of property to like-new after the end of its class life4. Replacement part(s) that comprises major component (e.g.40%) of the unit of propertyIII. Cost of routine maintenance is not required to be capitalized. Routine includes:A. Expenses such as inspection, cleaning, testing, and replacing partsB. For buildings- expected to be incurred more than once in 10-year periodC. For non-buildings- expected to be incurred more than once in class lifeIV. Unit of Property- (Adopted from IRS Definition)A. Buildings-Comprised of its Structural component its Systems components:1. Structural component- the "structure or edifice enclosing a space within its walls, and usually covered by a roof"2. Component Systems-HVAC, plumbing, electrical, escalators, elevators, fire/alarm systems, security systems, gas distributions systems3. For leased building- each building & structural component (if lease entire building) or portion of each building subject to lease (if lease a portion of the building)B. Other than building-functionally interdependent components placed in service at same time in order to perform their intended function. Functionally interdependent- each desk is a unit, each chair is a unit, each book shelf is a unit, each computer, each printer, etc.C. Special rules for plant property, network (railroad, oil/gas, etc.) property, rotable spare parts Form 990, Part VI, Line 11b: Form 990 Review Process No review was or will be conducted. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents available to the public. Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses BANK CHARGES: Column (A) - Total = $61; Column (B) - Program Services = $0; Column (C) - Management & General = $61; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses BANQUET: Column (A) - Total = $12683; Column (B) - Program Services = $12683; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses CHOREOGRAPHY: Column (A) - Total = $5710; Column (B) - Program Services = $5710; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses COACHING: Column (A) - Total = $5308; Column (B) - Program Services = $5308; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses CONVENTION EVENTS: Column (A) - Total = $10191; Column (B) - Program Services = $10191; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses CREDIT CARD FEES: Column (A) - Total = $3352; Column (B) - Program Services = $3352; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses DUES & MEMBERSHIP: Column (A) - Total = $1352; Column (B) - Program Services = $1352; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses SUPPLIES/SERVICES: Column (A) - Total = $240; Column (B) - Program Services = $240; Column (C) - Management & General = $0; Column (D) - Fundraising = $0