Fraser Figure Skating Club Inc
- Assets
- $78.6k
- Revenue
- $177.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Fraser, MI
- Founding
- 04/1986
- Data as of
- 06/2018
- EIN
- 38-2638310
Organization Overview
Fraser Figure Skating Club Inc is located in Fraser, MI. The organization was established in 1986. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Fraser Figure 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 06/2018, Fraser Figure Skating Club Inc generated $177.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $181.4k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE THE INSTRUCTION, PRACTICE AND ADVANCEMENT OF ITS MEMBERS IN FREE SKATING, ICE DANCING AND OTHER TYPES OF FIGURE SKATING. ENCOURAGE AND CULTIVATE FRATERNAL FEELINGS AMONG SKATERS. HOST OR SPONSOR SKATING COMPETITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ICE SKATING COMPETITIONS MID-AMERICA SYNCHRONIZED ICE SKATING COMPETITION - HOSTED OVER 100 SYNCHRONIZED ICE SKATING TEAMS IN LEVELS FROM BEGINNER THROUGH MASTERS. SUMMER CLASSIC INDIVIDUAL ICE SKATING COMPETITION - HOSTED 145 SKATERS IN LEVELS FROM BEGINNER THROUGH SENIOR FROM 26 SKATING CLUBS.
CLUB ICE SKATING PROVIDED OVER 500 HOURS OF ICE TIME FOR MEMBERS TO PRACTICE SKATING. ENCOURAGED MEMBERS TO PRACTICE AND TAKE LESSONS TO ADVANCE IN THE DISCIPLINES OF FREE SKATING, ICE DANCING AND OTHER FORMS OF FIGURE SKATING. SPONSORED TEST DATES FOR FIGURE SKATING JUDGES TO VIEW AND TEST INDIVIDUAL SKATERS' ABILITIES IN THE VARIOUS DISCIPLINES AND DETERMINE IF EACH HAS PASSED THE ATTEMPTED TEST WHICH ALLOWS THE SKATER TO MOVE TO THE NEXT LEVEL OF SKATING.
SYNCHRONIZED SKATING TEAMS TOT, BEGINNER I, AND PRELIMINARY SYNCHRONIZED SKATING TEAMS UTILIZED 6 HOURS OF PRACTICE TIME PER WEEK THROUGHOUT THE SYNCHRONIZED ICE SKATING SEASON. TEAMS TRAVELED TO AN COMPETED IN 5 COMPETITIONS DURING THE SEASON. TEAM PRACTICES FOSTER THE MASTERY OF SYNCHRONIZED ICE SKATING SKILLS AND TEAM CAMARADERIE.
OTHER PROGRAM SERVICES INCLUDES LEARN-TO-SKATE PROGRAMS AND ICE SHOWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casandra Nielsen Treasurer | OfficerTrustee | 10 | $0 |
Hannelore Murphy President | OfficerTrustee | 10 | $0 |
Amy Kaul Secretary | OfficerTrustee | 10 | $0 |
Ann Murray Vice Preside | OfficerTrustee | 10 | $0 |
Joe Reddmann Board Member | Trustee | 5 | $0 |
Sheila Pruzinsky Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,806 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,738 |
| Net Income from Gaming Activities | $238 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,705 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $24,205 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $785 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,565 |
| Advertising and promotion | $1,570 |
| Office expenses | $2,671 |
| Information technology | $1,044 |
| Royalties | $0 |
| Occupancy | $86,342 |
| Travel | $7,272 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,566 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $450 |
| All other expenses | $0 |
| Total functional expenses | $181,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,606 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $78,606 |
| Accounts payable and accrued expenses | $1,415 |
| 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 | $1,415 |
| Net assets without donor restrictions | $0 |
| 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 | $116,822 |
| Total liabilities and net assets/fund balances | $77,191 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fraser Figure Skating Club Inc has recieved totaling $76.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $76 |
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