North Atlantic Figure Skating Club
- Assets
- $143.9k
- Revenue
- $144.1k
- Investments
- $0.0
- Employees
- 15
- Location
- Falmouth, ME
- Founding
- 01/1999
- Data as of
- 06/2021
- EIN
- 01-0518428
Organization Overview
North Atlantic Figure Skating Club is located in Falmouth, ME. The organization was established in 1999. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, North Atlantic Figure Skating Club employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Atlantic Figure Skating Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, North Atlantic Figure Skating Club generated $144.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $145.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FIGURE SKATING INSTRUCTION, CERTIFICATION, AND ICE RENTAL TIME TO MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENCOURAGE THE INSTRUCTION, PRACTICE, AND ADVANCEMENT OF MEMBERS IN ALL TYPES OF FIGURE SKATING. TO PROMOTE HARMONY AMONG MEMBERS, TO ENCOURAGE AND CULTIVATE A SPIRIT OF FRATERNAL FEELING AMONG SKATERS, TO SPONSOR, PRODUCE, AND PARTICIPATE IN THE PRODUCTION OF AMATEUR ICE CARNIVALS AND SHOWS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caryn Bickerstaff President | OfficerTrustee | 4 | $0 |
Christine Stack Director | Trustee | 2 | $0 |
Amy Dultz Secretary | Trustee | 2 | $0 |
Allison Zanno Director | Trustee | 2 | $0 |
Angie Marquis First VP | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,374 |
| Investment income | $196 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | -$53 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $3,793 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,401 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,299 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,541 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,622 |
| All other expenses | $0 |
| Total functional expenses | $145,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,925 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $143,925 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $143,925 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Atlantic Figure Skating Club has recieved totaling $123.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $123 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Nordic Ski Association Waterville Valley, NH | $1,336,775 | $471,402 |
Upper Valley Rowing Foundation Hanover, NH | $499,422 | $230,436 |
North Atlantic Figure Skating Club Falmouth, ME | $143,925 | $144,106 |
Amateur Athletic Union Of The United States Portland, ME | $93,317 | $28,945 |
Epping Youth Athletic Association Epping, NH | $21,941 | $0 |
Maine Senior Games Portland, ME | $47,327 | $0 |
Western Maine Conference Portland, ME | $29,784 | $0 |
Road Runners Club Of America Nashua, NH | $91,105 | $0 |
New Hampshire Annual Sports Competition Foundation Inc Goffstown, NH | $32,706 | $0 |
Amateur Athletic Union Of The United States Nashua, NH | $0 | $0 |
Granite State Senior Games Inc Manchester, NH | $25,285 | $24,176 |
Dover Youth Football League Inc Dover, NH | $40,236 | $0 |