Cleveland Edges Skating Club
- Assets
- $217.8k
- Revenue
- $384.0k
- Investments
- $0.0
- Employees
- 0
- Location
- North Olmsted, OH
- Founding
- 04/1992
- Data as of
- 06/2022
- EIN
- 34-1692915
Organization Overview
Cleveland Edges Skating Club is located in North Olmsted, OH. The organization was established in 1992. According to its NTEE Classification (N64) the organization is classified as: Soccer, 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. Cleveland Edges Skating Club 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, Cleveland Edges Skating Club generated $384.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $346.3k during the year ending 06/2022. While expenses have increased by 5.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ENHANCE THE SPORT OF FIGURE SKATING, TO DEVELOP COMPETITIVE SKATERS,INDIVIDUALLY AND IN TEAMS, DEVELOP SKATERS ABILITIES AND SPORTSMANSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OCCUPANCY EXPENSES: EXPENSES PAID FOR THE USE OF THE LOCAL MUNICIPALITY ICE SKATING FACILITYAND, WHEN TRAVELING FOR TEAM COMPETITION, FEES TO OUT-OF-TOWN SIMILAR ICE SKATING FACILITIES.
OCCUPANCY EXPENSES: EXPENSES PAID FOR THE USE OF THE LOCAL MUNICIPALITY ICE SKATING FACILITYAND, WHEN TRAVELING FOR TEAM COMPETITION, FEES TO OUT-OF-TOWN SIMILAR ICE SKATING FACILITIES.
COACHING EXPENSES: EXPENSES INCURRED FOR COACHING STAFF TO EVALUATE, TRAIN, AND ENHANCE THEABILITY AND SKILL OF INDIVIDUAL CLUB MEMBERS TO PERFORM INDIVUALLY AND IN GROUP COMPETITION.MEMBERS BEGIN WHEN IN PRIMARY GRADES AND PROGRESS IN THEIR INDIVIDUAL ABILITIES DURINGSECONDARY GRADES.
COACHING EXPENSES: EXPENSES INCURRED FOR COACHING STAFF TO EVALUATE, TRAIN, AND ENHANCE THEABILITY AND SKILL OF INDIVIDUAL CLUB MEMBERS TO PERFORM INDIVUALLY AND IN GROUP COMPETITION.MEMBERS BEGIN WHEN IN PRIMARY GRADES AND PROGRESS IN THEIR INDIVIDUAL ABILITIES DURINGSECONDARY GRADES.
COMPETITIVE CLOTHING AND EXPENSES: EXPENSES OF PURCHASING AND MAINTAINING SKATING CLOTHINGUSED DURING REHEARSALS AND SKATING COMPETITION WITH OTHER ATING GROUPS IN THE REGION, AWARDPINS AND PURCHASE OF PROGRAMS FOR COMPETITIONS. OTHER EXPENSES INCLUDE COMPETITION FEES PAID,HAIR AND MAKEUP EXPENSE AND TRAINING AND TEST SESSION EXPENSES TO DETERMINE QUALIFICATIONSAND SKILL OF SKATERS ELIGIBLE FOR COMPETITIONS
COMPETITIVE CLOTHING AND EXPENSES: EXPENSES OF PURCHASING AND MAINTAINING SKATING CLOTHINGUSED DURING REHEARSALS AND SKATING COMPETITION WITH OTHER ATING GROUPS IN THE REGION, AWARDPINS AND PURCHASE OF PROGRAMS FOR COMPETITIONS. OTHER EXPENSES INCLUDE COMPETITION FEES PAID,HAIR AND MAKEUP EXPENSE AND TRAINING AND TEST SESSION EXPENSES TO DETERMINE QUALIFICATIONSAND SKILL OF SKATERS ELIGIBLE FOR COMPETITIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,796 |
| 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 | $6,796 |
| Total Program Service Revenue | $276,826 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $66,333 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,992 |
| 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 | $93,488 |
| Fees for services: Legal | $2,346 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $968 |
| Office expenses | $10,050 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,006 |
| Travel | $13,387 |
| 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 | $0 |
| Insurance | $1,475 |
| All other expenses | $0 |
| Total functional expenses | $346,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,142 |
| Savings and temporary cash investments | $137,680 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $217,822 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $80,142 |
| Net assets with donor restrictions | $137,680 |
| 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 | $217,822 |