Warwick Figure Skaters Inc
- Assets
- $191.8k
- Revenue
- $334.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Saunderstown, RI
- Founding
- 05/1994
- Data as of
- 06/2021
- EIN
- 23-7096936
Organization Overview
Warwick Figure Skaters Inc is located in Saunderstown, RI. The organization was established in 1994. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Warwick Figure Skaters 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 06/2021, Warwick Figure Skaters Inc generated $334.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $211.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 6 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
SPONSOR AMATEUR COMPETITIONS AND CONDUCT CLINICS FOR ICE SKATERS AT WILLIAM THAYER ARENA IN WARWICK, RI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSOR AMATEUR COMPETITIONS AND CONDUCT CLINICS FOR ICE SKATERS AT WILLIAM THAYER ARENA. APPROXIMATELY 300 CHILDREN SERVED PER YEAR.
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 |
|---|---|---|---|
Jack Mcginn President | Officer | 2 | $0 |
Al Pettinicchio Vice President | Officer | 2 | $0 |
Karen Hogan Treasurer | Officer | 2 | $0 |
Elizabeth J Hogan Secretary | Officer | 2 | $0 |
Stephanie Terrizzi Trustee | Trustee | 2 | $0 |
Kate Vitko Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,916 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,916 |
| Total Program Service Revenue | $324,812 |
| Investment income | $65 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $343 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,136 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,033 |
| Advertising and promotion | $4,305 |
| Office expenses | $1,262 |
| Information technology | $1,330 |
| Royalties | $0 |
| Occupancy | $161,143 |
| 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 | $36 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $211,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,693 |
| Savings and temporary cash investments | $121,324 |
| Pledges and grants receivable | $350 |
| 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 |
| Net Land, buildings, and equipment | $1,034 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,349 |
| Total assets | $191,750 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,990 |
| 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 | $1,990 |
| Net assets without donor restrictions | $189,760 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $191,750 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Warwick Figure Skaters Inc has recieved totaling $87.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $87 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Darien Youth Hockey Assoc Inc Darien, CT | $1,229,973 | $2,562,847 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Share Winter Foundation Providence, RI | $3,585,553 | $2,066,083 |
Junior Railers Hockey Club Inc Worcester, MA | $424,487 | $1,444,219 |
Hockey East Amesbury, MA | $1,083,202 | $1,841,620 |
Falmouth Youth Hockey League Inc East Falmouth, MA | $7,269,311 | $1,100,190 |
Colonial Figure Skating Club Inc West Acton, MA | $293,953 | $975,732 |
Wellesley Youth Hockey Association Inc Wellesley, MA | $131,722 | $889,852 |
Waltham Youth Hockey Association Inc Waltham, MA | $464,941 | $752,962 |
Ridgefield Amateur Hockey Association Inc Ridgefield, CT | $609,440 | $828,771 |
Charles Moore Arena Inc Orleans, MA | $1,132,513 | $811,917 |