Merrimack Valley Skating Club Inc
- Assets
- $21.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newburyport, MA
- Founding
- 09/2005
- Data as of
- 06/2022
- 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 06/2022, Merrimack Valley Skating Club Inc generated $131.2k 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 (6.3%) each year. All expenses for the organization totaled $118.2k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SKATING INSTRUCTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Sedgwick President & | 20 | $1,264 | |
Brigid Wells Director | 0 | $0 | |
Kendra Bornstein Director | 1 | $0 | |
Debra Powers Treasurer | 0 | $0 | |
Christine Way Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $124,393 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,853 |
| Other Revenue | $0 |
| Total Revenue | $131,249 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,132 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $65,730 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,302 |
| Total expenses | $118,164 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,734 |
| Other assets | $0 |
| Total assets | $21,734 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,734 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Merrimack Valley Skating Club Inc has recieved totaling $68.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
Peer Organizations
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|---|---|---|
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Childrens Workshop Foundation Central Falls, RI | $4,705,230 | $8,734,108 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |