Figure Skating Club Of Bloomington
- Assets
- $89.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 02/2009
- Data as of
- 05/2022
- EIN
- 41-1478579
Organization Overview
Figure Skating Club Of Bloomington is located in Bloomington, MN. The organization was established in 2009. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Figure Skating Club Of Bloomington 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 05/2022, Figure Skating Club Of Bloomington generated $146.7k 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 (3.3%) each year. All expenses for the organization totaled $168.0k during the year ending 05/2022. 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 Mission:
Part 3 - Line 1
TO PROMOTE AMATEUR FIGURE SKATING IN BLOOMINGTON,MN AND THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3
RENTAL OF ICE RINKS TO PROVIDE FIGURE SKATING OPPORTUNITIES AND CLASSES TO MEMBERS.
TO PROMOTE AMATEUR FIQURE SKATING BY PROVIDING ICE SHOW AND COMPETITION EXPERIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Ward Vice President | 2 | $0 | |
Heidi Wulf Board Member | 1 | $0 | |
Autumn Durbin Board Member | 1 | $0 | |
Katrina Balvance Board Member | 1 | $0 | |
Scott Mckay Board Member | 1 | $0 | |
Wally Gelecinskyj Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $123,011 |
| Membership dues | $11,835 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,870 |
| Other Revenue | $0 |
| Total Revenue | $146,725 |
| 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 | $520 |
| Occupancy, rent, utilities, and maintenance | $116,438 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,056 |
| Total expenses | $168,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,775 |
| Other assets | $0 |
| Total assets | $89,254 |
| Total liabilities | $272 |
| Net assets or fund balances | $88,982 |
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