Highland Skating Club Inc

Nonprofit profile at a glance

EIN
911184851
IRS 990-EZ coverage
2010–2014
Forms available
Form 990-EZ 2014
Location
Seattle, WA, USA
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports

Reported finances

Revenue
$58,577
Expenses
$106,836
Assets
$32,134

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • SALLIE CROWELL (CO-PRESIDENT)
  • CAROL MURRAY (CO-PRESIDENT)

People named in this filing

  • SALLIE CROWELL (CO-PRESIDENT)
  • SUZIE NAVARRO (TREASURER)
  • HOLLY MEDEIROS (DIRECTOR)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve, encourage and advance the sport of figure skating.

What it reported doing in 2014

Provided 75 minute-long club ice sessions once a week for club members to train and improve their figure skating skills and abilities. Most sessions are devoted to training with figure skating coaches. One club session was devoted to a critique to allow club members to perform in front of a live audience and/or to receive feedback from official us figure skating judges. The club manages the winterfest ice rink at the seattle center to raise funds and provide an opportunity for the seattle ice theatre to perform. There were 4 performances this past year. Additionally, the club partnered with the highland ice arena skating school for a production of "a holiday show" to showcase seattle ice theater. A holiday performance was also held at the highland ice arena. The organization conducted 120 tests to measure the proficiency of club members against the national us figure skating test standards. These tests are also used to determine the competition level that club members may enter at all figure skating competitions including nationals, worlds, and olympics. Additionally, a "relay for life" fundraiser was held to raise funds for cancer patients.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 17
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.1%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -82.4%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 20.2% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 50th percentile among comparable filings
  • Asset growth: -8.9% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $99K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.