Cottonwood Heights Figure Skating Club

Nonprofit profile at a glance

EIN
870469343
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Salt Lake City, UT, USA
Phone
8016991357
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$112,333
Expenses
$121,333
Assets
$91,367
Liabilities
$8,568

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • KRISTIN OLIVER (PRESIDENT)

People named in this filing

  • KRISTIN OLIVER (PRESIDENT)
  • CATHY JENSEN (VICE PRESIDE)
  • ERICA BROWN (VICE PRESIDE)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Chfsc strives to provide a safe and fun environment for skaters to grow and excel both recreationally and competitively.

What it reported doing in 2024

During the fiscal year 2024-2025, cottonwood heights figure skating club presented two skating shows; the first was our holiday show in december which featured over 100 skaters, including the cottonwood heights recreation centers learn to skate participants, the starlit blades synchronized skaters, and the brighton high school and chfsc high school teams. The second was our spring show, held at the end of march, was a once again a larger production than usual in past years and featured 85 skaters, all of whom were members of the club and chrc learn to skate. The club held 136 club ice sessions for our members, and conducted summer training clinics for one and one-half months during the school summer break. We look forward to continuing these opportunities for our skaters in the future and hope to expand upon the training programs we offer.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 14.8% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: -2% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $121K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • 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.

  • High — Sustainability: Operating margin scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.