Colorado Skating Club
Nonprofit profile at a glance
- EIN
- 840801000
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Littleton, CO, USA
- Phone
- 6032316094
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $84,941
- Expenses
- $71,390
- Assets
- $102,388
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Chris Kanive (President)
- Ken Floyd (Vice President)
People named in this filing
- Kitty DeLio-LaForte (Secretary)
- Joanne Cohen (Treasurer)
- Chris Kanive (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support excellence in figure skating in the Denver MSA.
What it reported doing in 2020
Competition/sponsoring events - promote skater competition and training for competitive season for US Figure Skating. Funded by Cup of Colorado Competition and membership fees to U S Figure Skating.
Operating model
- Revenue model
- Earned-program. 66% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 82% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 93
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.8%; rating input score 81
- Program expense ratio: 96%; rating input score 96
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 16%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.43; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.6% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 23.4% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 80.8% of revenue deployed · 96% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $69K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.