The Peninsula Figure Skating Club Inc
- Assets
- $763.4k
- Revenue
- $113.8k
- Investments
- $0.0
- Employees
- 0
- Location
- San Carlos, CA
- Founding
- 12/1993
- Data as of
- 06/2022
- EIN
- 77-0006558
Organization Overview
The Peninsula Figure Skating Club Inc is located in San Carlos, CA. The organization was established in 1993. 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. Peninsula Figure Skating Club 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 06/2022, Peninsula Figure Skating Club Inc generated $113.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $48.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ICE SKATING FOR ALL MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL MEMBER SERVICES TO ENCOURAGE THE SPORT OF SKATING AND PROVIDE MEMBERS WITH OPPORTUNITIES TO PARTICIPATE IN SKATING EVENTS AND PRACTICE SKATING.
REGISTRATION OF ALL MEMBERS TO BENEFIT FROM THE USFSA SOCIALS, MEETINGS, AND AWARDS, ETC.
ASSISTANCE TO SKATERS ATTENDING COMPETITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Honda Secretary | Officer | $0 | |
Kanae Tagawa Director | Officer | $0 | |
Rick Perez President | Officer | $0 | |
Joyce Burden Treasurer | Officer | $0 | |
Linda Price Vice Preside | Trustee | $0 | |
Elizabeth Mc Glaughlin Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,848 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,848 |
| Total Program Service Revenue | $35,749 |
| Investment income | $51 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,351 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $113,797 |
| 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 | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| 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 | $216 |
| All other expenses | $5,935 |
| Total functional expenses | $48,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $763,418 |
| 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 | $763,418 |
| 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 | $763,418 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $763,418 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Peninsula Figure Skating Club Inc has recieved totaling $92.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coyotes Amateur Hockey Association Scottsdale, AZ | $1,010,325 | $4,778,819 |
Oregon State Snowmobile Association Bend, OR | $3,168,256 | $2,113,317 |
Mt Bachelor Sports Education Foundation Bend, OR | $3,761,449 | $2,868,671 |
Arizona Hockey Club Inc Gilbert, AZ | $846,571 | $1,521,398 |
Growth Opportunities Through Athletics Learning & Service Goals Anaheim, CA | $5,766,668 | $1,764,025 |
Community Skating Inc Palo Alto, CA | $2,290,203 | $1,754,741 |
Auburn Ski Club Inc Soda Springs, CA | $2,591,796 | $1,456,269 |
Sky Tavern Reno, NV | $1,370,590 | $1,713,809 |
Arizona High School Hockey Association Inc Phoenix, AZ | $1,330,424 | $1,119,711 |
Nevada Stars Inc Las Vegas, NV | $379,320 | $1,022,440 |
United States Of America Snowboard And Freeski Association South Lake Tahoe, CA | $220,028 | $651,548 |
Santa Clara Hockey Association Fremont, CA | $167,603 | $659,357 |