Glacier Skate Academy Inc

What it reported doing in 2025

Past, current, and future activities include the following: 1. On an annual basis, the organization holds learn to skate clinics, group and private lessons to teach members of the community about the rules and regulations of skating and basic skating skills. 2. On an ongoing annual basis, the organization offers individual and group power skating instruction for the purpose of improving stamina, endurance and techniques. 3. During the summer each year, the organization holds a skills camp which consists of warmup and stretching exercises, and instructions on us figure skating assocation (usfsa) skills and abilities. 4. The organization hosts guest skaters to provide education and demonstrations to foster or conduct amateur sports competitions and to support and develop amateur athletes for national or international competition in such sports. The organization organizes local and statewide interteam competitions that promotes and encourages participation in the sport of ice skating. The organization conducts usfsa testing bringing in judges to determine skill level and competition level. The organziation plans and conducts tournaments, and maintains rule and record books. Fundraising: the organization hosts a lemonade stand, runs a skate-a-thon, conducts holiday and summer skating shows and engages in other local and national fundraising activities. All of the above activities are conducted primarily by the directors of the organization and several coaches. Members of the organization assist with fundraising, events planning, and administration support. The majority of these activities take place in a municipal skating rink owned by the city of whitefish, mt. Glacier skate academy's mission is to foster a lifelong love of ice skating and to impact our community with fun, healthy, active, competitive, and affordable programs while motivating each skater, no matter what level or age, to achieve their goals.

Financial Efficiency

• Mission deployment rate: 66.2%; rating input score 66
• Program expense ratio: 84.3%; rating input score 84
• Fundraising efficiency: $7.11 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 2 of 8 controls in place; rating input score 25
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 20.6%; rating input score 72; 72nd percentile among comparable filings
• Total-asset coverage ratio: 1.13; rating input score 44; 44th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 24; 24th percentile among comparable filings
• Officer compensation ratio: 14.5%; rating input score 23; 23rd percentile among comparable filings

Growth

• Program expense growth: 11.7% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 16% per year; rating input score 100; 82nd percentile among comparable filings
• Asset growth: 30.6% per year; rating input score 100; 90th percentile among comparable filings