Great Lowell Youth Skating Assoc Inc is located in Lowell, MA. The organization was established in 1979. 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. Great Lowell Youth Skating Assoc 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 03/2022, Great Lowell Youth Skating Assoc Inc generated $174.7k 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 (3.5%) each year. All expenses for the organization totaled $192.4k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. 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
PROVIDE INSTRUCTION IN ICE HOCKEY AND GENERAL SKATING TO CHILDREN IN THE GREATER LOWELL AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Trovato Vice President | 1 | $0 | |
Richard Conley President | 1 | $0 | |
Craig Brown Treasurer | 1 | $0 | |
Amy Sullivan Secretary | 1 | $0 | |
Brendan Akashian Director | 1 | $0 | |
Brian Akashian Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,601 |
Total Program Service Revenue | $154,680 |
Membership dues | $0 |
Investment income | $7 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,376 |
Other Revenue | $0 |
Total Revenue | $174,664 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,025 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $190,348 |
Total expenses | $192,373 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,589 |
Other assets | $0 |
Total assets | $63,301 |
Total liabilities | $27,384 |
Net assets or fund balances | $35,917 |
Over the last fiscal year, we have identified 1 grants that Great Lowell Youth Skating Assoc Inc has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Wolf & Company Charitable Foundation Inc Boston, MA PURPOSE: EXEMPT PURPOSE | $500 |
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