The Skating Club Of Northern Virginia
- Assets
- $165.9k
- Revenue
- $211.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 09/2014
- Data as of
- 04/2024
- EIN
- 51-0204562
Organization Overview
The Skating Club Of Northern Virginia is located in Arlington, VA. The organization was established in 2014. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, 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. Skating Club Of Northern Virginia 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 04/2024, Skating Club Of Northern Virginia generated $211.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $266.7k during the year ending 04/2024. While expenses have increased by 10.5% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER THE SPORT OF FIGURE SKATING AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVEL BY PROVIDING MEMBER SERVICES, CONDUCTING COMPETITIONS AND TEST SESSIONS, AND PROVIDING AN ORGANIZATIONAL STRUCTURE THAT SUPPORTS ACTIVITIES, SUCH AS SKATING SESSIONS, SEMINARS, AND OTHER PROGRAMS THAT ENRICH THE DEVELOPMENT OF COMPETITIVE AND RECREATIONAL FIGURE SKATERS IN MULTIPLE DISCIPLINES. THIS INCLUDES, FOR SUCH PURPOSES, THE AWARDING OF SCHOLARSHIPS TO SUPPORT AND ENCOURAGE FIGURE SKATERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLUB SESSIONS/COMMUNITY: WEEKLY ICE TIME TO ALL MEMBERS. REGULAR SOCIAL EVENTS FOR ALL MEMBERS. CLUB ICE SESSIONS PROMOTE AND EDUCATE ON THE SPORT OF FIGURE SKATING IN A SAFE ENVIRONMENT. 15-20 SKATERS WITH 6 COACHES, WHO PROVIDE ONE-TO-ONE TRAINING. COMMUNITY SOCIAL EVENTS ALLOW MEMBERS FROM VARIED DISCIPLINES TO GATHER TOGETHER, BUILDING SUPPORT AND FRIENDSHIP.
MEMBERSHIP PROGRAM REVENUE AND ASSOCIATED EXPENSES. MEMBERSHIP TO OUR ORGANIZATION PROVIDES US FIGURE SKATING MEMBERSHIP AND ALLOWS SKATERS TO TEST IN ORDER TO ADVANCE THROUGH THE US FIGURE SKATING STRUCTURE AND COMPETE IN US FIGURE SKATING SANCTIONED EVENTS.
TEST SESSIONS: PROVIDE THE OPPORTUNITY FOR SKATERS TO TEST SO THEY MAY QUALIFY TO COMPETE AT US FIGURE SKATING SANCTIONED EVENTS & ADVANCE THEIR TRAINING. INCLUDES MEMBER AND NON-MEMBER ATHLETES. ADMINISTERED OVER 400 TESTS TO OVER 300 SKATERS.
COMPETITIONS: HOST US FIGURE SKATING SANCTIONED COMPETITIONS FOR OUR MEMBERS AND NON-MEMBERS, GIVING AN OPPORTUNITY TO COMPETE AND BE EVALUATED ON THEIR SKATING PROGRAM. ORGANIZED AND HELD TWO COMPETITIONS. THE FIRST ANNUAL SYNCHRONIZED SKATING COMPETITION NOVEMBER 2023 FOR 10 TEAMS OF 15-20 SKATERS; THE 12TH ANNUAL THEATRE ON ICE AND SINGLES COMPETITION FOR OVER 400 SKATERS DURING THE PERIOD ENDING APRIL 30, 2024. SUPPORT SKATERS THROUGH GRANTS AS THEY ADVANCE IN THE US FIGURE SKATING QUALIFIYING STRUCTURE AND AS THEY TRANSITION TO A 2-YEAR OR 4-YEAR HIGHER EDUCATION INSTITUTION. THIS SCHOLARSHIP PROMOTES CONTINUED ABILITY TO ENGAGE IN FIGURE SKATING DURING THE TRANSITION FROM HIGH SCHOOL TO COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Litman President | OfficerTrustee | 6 | $0 |
Charles Park Vice President | OfficerTrustee | 6 | $0 |
Karen Adelstein Treasurer | OfficerTrustee | 6 | $0 |
Amelia Shuster Secretary | OfficerTrustee | 6 | $0 |
Thuthuy Huynh At-Large | OfficerTrustee | 6 | $0 |
Melissa Mahle Board Member | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $37,388 |
| Fundraising events | $775 |
| 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 | $38,163 |
| Total Program Service Revenue | $170,934 |
| Investment income | $1,280 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $211,295 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| 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 | $1,533 |
| Advertising and promotion | $266 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $863 |
| All other expenses | $0 |
| Total functional expenses | $266,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,722 |
| Savings and temporary cash investments | $55,170 |
| 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 | $165,892 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $165,892 |
| 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 | $165,892 |