Northernettes Synchronized Skating
- Assets
- $37.6k
- Revenue
- $623.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Minneapolis, MN
- Founding
- 11/2019
- Data as of
- 04/2022
- EIN
- 82-1690204
Organization Overview
Northernettes Synchronized Skating is located in Minneapolis, MN. The organization was established in 2019. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Northernettes Synchronized Skating 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, Northernettes Synchronized Skating generated $623.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $598.2k during the year ending 04/2022. While expenses have increased by 28.3% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER LOCAL, NATIONAL AND INTERNATIONAL AMATEUR SYNCHRONIZED SKATING COMPETITION AND TO SUPPORT AND DEVELOP AMATEUR ATHLETES FOR LOCAL, NATIONAL AND INTERNATIONAL COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND DEVELOPING YOUNG ATHLETES AS COMPETITIVE SYNCHRONIZED SKATERS. THE NORTHERNETTES HAD FIVE COMPETITION-LEVEL, TEAMS THAT PRACTICE, TRAVEL AND COMPETE AGAINST THE BEST COMPETITIVE SYNCHRO TEAMS AROUND THE COUNTRY. THE ORGANIZATION'S THREE HIGHEST-LEVEL TEAMS WERE ALL NATIONAL CHAMPIONSHIP PARTICIPANTS. ADDITIONALLY, THE JUNIOR LEVEL COMPETED INTERNATIONALLY AT THE NEUCHATEL TROPHY IN NEUCHATEL, SWITZERLAND. THE COMPETITION BOASTED A GROUP OF TEAMS FROM EUROPE AND NORTH AMERICA, AND THE NORTHERNETTES WERE AWARDED A SILVER MEDAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alana Christie Director Of Synchronized Skating | Officer | 10 | $60,000 |
Jon Christie President | OfficerTrustee | 10 | $0 |
Phil Ernst Treasurer | OfficerTrustee | 10 | $0 |
Michelle Eigner Vice President | OfficerTrustee | 10 | $0 |
Crista Mrozek Vice President | OfficerTrustee | 2 | $0 |
Meegan Johnson Secretary | OfficerTrustee | 2 | $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 | $81,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,000 |
| Total Program Service Revenue | $513,244 |
| 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 | $20,668 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $623,072 |
| 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 | $59,387 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,909 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,214 |
| Advertising and promotion | $8,175 |
| Office expenses | $6,331 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $208,971 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,027 |
| Interest | $5,712 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,778 |
| All other expenses | $24,538 |
| Total functional expenses | $598,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,601 |
| Savings and temporary cash investments | $5 |
| 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 | $37,606 |
| Accounts payable and accrued expenses | $39,144 |
| 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 | $1,936 |
| Total liabilities | $41,080 |
| Net assets without donor restrictions | -$3,474 |
| 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 | $37,606 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northernettes Synchronized Skating has recieved totaling $37,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $37,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bella Mente Quantum Racing Association Minneapolis, MN | $41,740,405 | $5,723,363 |
Iowa Girls High School Athletic Union West Des Moines, IA | $5,061,518 | $4,564,466 |
National Archery In The Shools Program Inc Waldo, WI | $6,967,095 | $3,407,459 |
United States Bowling Congress Inc Milwaukee, WI | $609,702 | $1,811,037 |
Iowa Harness Racing Association Eagle Grove, IA | $797,423 | $1,325,981 |
Iowa Soccer Association West Des Moines, IA | $597,318 | $1,619,010 |
Newjets Inc Eden Prairie, MN | $1,209,250 | $1,209,489 |
Bowhunting Preservation Alliance Inc New Ulm, MN | $19,509 | $847,704 |
The Forest Lake Athletic Association Forest Lake, MN | $599,285 | $725,357 |
Wisconsin Trapshooting Association Inc Burlington, WI | $3,345,328 | $827,218 |
Minnesota Sports Corp Minneapolis, MN | $8,338,408 | $1,644,540 |
Blackhawk Ski Club Middleton, WI | $656,855 | $589,659 |