Merrimack Valley Skating Club Inc
- Assets
- $29.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newburyport, MA
- Founding
- 09/2005
- Data as of
- 06/2023
- EIN
- 20-0791668
Organization Overview
Merrimack Valley Skating Club Inc is located in Newburyport, MA. The organization was established in 2005. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merrimack Valley Skating Club Inc 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 06/2023, Merrimack Valley Skating Club Inc generated $119.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $112.7k during the year ending 06/2023. While expenses have increased by 16.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SKATING INSTRUCTION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Sedgwick President & | 20 | $10,650 | |
Debra Powers Treasurer | 0 | $0 | |
Christine Way Director | 0 | $0 | |
Kendra Bornstein Director | 1 | $1,840 | |
Brigid Wells Director | 1.5 | $2,440 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $110,464 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,368 |
| Other Revenue | $0 |
| Total Revenue | $119,836 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,714 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $64,109 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,897 |
| Total expenses | $112,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,290 |
| Other assets | $0 |
| Total assets | $29,290 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,290 |