Austin Figure Skating Club
- Assets
- $336.1k
- Revenue
- $416.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Georgetown, TX
- Founding
- 07/2009
- Data as of
- 06/2023
- EIN
- 74-1958981
Organization Overview
Austin Figure Skating Club is located in Georgetown, TX. The organization was established in 2009. According to its NTEE Classification (N80) the organization is classified as: Professional Athletic Leagues, 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. Austin 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 06/2023, Austin Figure Skating Club generated $416.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 68.3% each year . All expenses for the organization totaled $184.9k during the year ending 06/2023. While expenses have increased by 29.9% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE SPORT OF ICE FIGURE SKATING. THE CLUB WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. AMONG ITS PURPOSES ARE TO ENCOURAGE THE INSTRUCTION, PRACTICE, AND ADVANCEMENT OF THE VARIOUS DISCIPLINES OF FIGURE SKATING, TO ENCOURAGE GOOD SPORTSMANSHIP, CULTIVATE A SPIRIT OF FRATERNAL FEELING AMONG ITS MEMBERS, AND TO CARRY OUT THE GENERAL POLICIES OF U.S. FIGURE SKATING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT USFSA APPROVED TEST SESSIONS TO MEASURE SKATER PROGRESS IN VARIOUS DISCIPLINES OF ICE SKATING. TESTS ARE REQUIRED FOR COMPETITIVE SKATERS. APPROXIMATELY 1 TEST SESSION PER 8 WEEKS. ALSO INCLUDE VIRTUAL TEST SESSIONS.
SPECIAL SEMINARS CONDUCTED BY ICE SKATING PROFESSIONALS TO ENHANCE SKATING SKILL. ICE TIME IS PURCHASED PERIODICALLY FOR CLUB MEMBER TO IMPROVE SKATING SKILLS, RECEIVE INSTRUCTION FROM VARIOUS SKATING PROFESSIONALS.
CONDUCT USFSA SANCTIONED COMPETITION(S) OFFERING SKATERS THE OPPORTUNITY TO MEASURE PROGRESS IN A COMPETITION WITH LOCAL AND REGIONAL PARTICIPANTS, JUDGED BY USFSA ACCREDITED JUDGES. LARGE COMPETITION (BLUE BONNET OPEN) WAS HELD IN APRIL 2023, SMALLER COMPETITION (AUTUMN CLASSIC) IN SEPTEMBER 2023. A VERY LARGE COMPETITION (NATIONAL EXCEL FINAL) WAS HELD IN JULY 2023 SO THE BULK OF THE EXPENSES FOR WILL OCCUR NEXT FISCAL YEAR EVEN THOUGH THE VAST MAJORITY OF THE REVENUE WAS RECEIVE THIS FISCAL YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Chapa President | OfficerTrustee | 12 | $0 |
Terry Arthur Treasurer | OfficerTrustee | 12 | $0 |
Margo Gill Vice President | OfficerTrustee | 4 | $0 |
Stephanie Schmid Secretary | OfficerTrustee | 3 | $0 |
Renae Sundgren Board Member At Large | Trustee | 1 | $0 |
Charnell Evans Board Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $21,115 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,212 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,699 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,026 |
| Total Program Service Revenue | $372,820 |
| 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 | $144 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $415,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 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 | $2,245 |
| Advertising and promotion | $0 |
| Office expenses | $336 |
| 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 | $4,605 |
| Interest | $0 |
| Payments to affiliates | $8,605 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $600 |
| All other expenses | $0 |
| Total functional expenses | $184,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $336,074 |
| 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 |
| 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 | $336,074 |
| 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 | $336,074 |
| 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 | $336,074 |