Skate Free Inc
- Assets
- $1.2m
- Revenue
- $295.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Plantation, FL
- Founding
- 03/2014
- Data as of
- 12/2023
- EIN
- 38-3927614
Organization Overview
Skate Free Inc is located in Plantation, FL. The organization was established in 2014. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skate Free 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 12/2023, Skate Free Inc generated $295.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $429.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKATE FREE PROMOTES THE SPORT OF SKATEBOARDING TO THE LOCAL YOUTH COMMUNITY AND MAINTAINS A FREE OUTDOOR SKATEPARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Effs Secretary | 40 | $0 | |
Nicolas Katz President | 20 | $34,250 | |
Daniel Fuenzalida Treasurer | 40 | $16,554 | |
Javier Chipi Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $253,191 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$7,500 |
| Other Income | $0 |
| Total Revenue | $295,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,804 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,775 |
| Depreciation | $80,594 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $296,673 |
| Total operating and administrative expenses | $429,846 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $429,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,757 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,054,677 |
| Other assets | $44,755 |
| Total assets | $1,236,189 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |