Fergus Falls Figure Skating Club
- Assets
- $71.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fergus Falls, MN
- Founding
- 10/1994
- Data as of
- 04/2022
- EIN
- 41-1759563
Organization Overview
Fergus Falls Figure Skating Club is located in Fergus Falls, MN. The organization was established in 1994. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Fergus Falls Figure 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 04/2022, Fergus Falls Figure Skating Club generated $141.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $150.4k during the year ending 04/2022. While expenses have increased by 6.1% 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
PROMOTE FIGURE SKATING TO YOUTH BY OFFERING GROUP INSTRUCTION SESSIONS AND PROVIDING ICE TIME FOR SKATERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharine Lahti Treasurer | 1 | $0 | |
Angela Lien Secretary | 1 | $0 | |
Sonya Grabe President | 1 | $0 | |
Kim Holland Director | 1 | $0 | |
Traci Finseth Vice Preside | 1 | $0 | |
Damian Will Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,550 |
| Total Program Service Revenue | $111,236 |
| Membership dues | $0 |
| Investment income | $177 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,982 |
| Other Revenue | $8,558 |
| Total Revenue | $141,503 |
| 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 | $33,616 |
| Occupancy, rent, utilities, and maintenance | $72,767 |
| Printing, publications, postage, and shipping | $860 |
| Other expenses | $43,180 |
| Total expenses | $150,423 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,130 |
| Other assets | $0 |
| Total assets | $71,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,151 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fergus Falls Figure Skating Club has recieved totaling $5,150.
| Awarding Organization | Amount |
|---|---|
Fergus Falls 544 Educaton Foundation Fergus Falls, MN PURPOSE: SUPPORT OF FF SKATIN | $5,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Sports Center Foundation Blaine, MN | $27,150,165 | $17,022,739 |
Keystone Community Services St Paul, MN | $8,365,266 | $10,237,066 |
Wisconsin Interscholastic Athletic Association Stevens Point, WI | $5,017,808 | $3,980,109 |
Tennis & Education Inc Saint Paul, MN | $4,348,545 | $2,852,378 |
United Sports Academy North Sioux City, SD | $487,095 | $1,858,577 |
Eagan Athletic Association Eagan, MN | $1,025,643 | $1,830,923 |
Fox Cities Sports Development Inc Appleton, WI | $722,935 | $1,613,590 |
Central Collegiate Hockey Association Inc Deephaven, MN | $346,760 | $1,284,146 |
West Fargo Hockey Association Inc West Fargo, ND | $4,329,462 | $2,916,866 |
Rosemount Area Hockey Association Rosemount, MN | $640,181 | $1,169,578 |
Running Usa Inc Minneapolis, MN | $710,193 | $812,424 |
Iowa Volleyball Association Clive, IA | $575,619 | $865,650 |