Bay State Speedskating Club Inc is located in Braintree, MA. The organization was established in 2014. 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. Bay State Speedskating 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 08/2022, Bay State Speedskating Club Inc generated $106.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $116.8k during the year ending 08/2022. While expenses have increased by 9.3% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE CLUB HELD AN AVERAGE OF 3 WEEKLY PRACTICES THROUGHOUT THE YEAR FOR AN AGGREGATE OF 100 MEMBERS RANGING IN AGE FROM 7 TO 67. TWO REGIONAL MEETS WHERE SKATERS FROM OTHERS CLUBS PARTICIPATE WERE ALSO HELD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kirstin Sheen Vice President | 2 | $0 | |
Dan Butler Secretary | 2 | $0 | |
Jerebelle Yutangco Board Member | 2 | $0 | |
Todd Zaorski Board Member | 2 | $0 | |
Sara Cushman Treasurer | 2 | $0 | |
Jennifer Kola President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,414 |
Total Program Service Revenue | $88,687 |
Membership dues | $2,340 |
Investment income | $65 |
Gain or Loss | $235 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $106,751 |
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 | $26,465 |
Occupancy, rent, utilities, and maintenance | $78,771 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,520 |
Total expenses | $116,756 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $50,189 |
Other assets | $0 |
Total assets | $63,046 |
Total liabilities | $0 |
Net assets or fund balances | $63,046 |
Over the last fiscal year, we have identified 2 grants that Bay State Speedskating Club Inc has recieved totaling $5,177.
Awarding Organization | Amount |
---|---|
Iorio Charitable Foundation Worcester, MA PURPOSE: GENERAL SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $177 |
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