Northbrook Speed Skating Club
Nonprofit profile at a glance
- EIN
- 363054927
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Rockford, IL, USA
- Phone
- 8159798378
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Centers, Clubs
Reported finances
- Revenue
- $219,535
- Expenses
- $160,509
- Assets
- $129,563
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Cynthia Chou (President)
People named in this filing
- Cynthia Chou (President)
- Aaron Reinold (Treasurer)
- Ginny Laport (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
SHORT TRACK PROGRAM: Its mission OF NBSSC is to provide a premier speedskating experience developing leaders on and off the the ice. Founded in 1952 by Ed Rudolph the Northbrook Speed Skating Club has been a nationally respected club for many years. In each Winter Olympics since 1952 the US Speedskating team has included at least one skater from Northbrook.The longevity of the club is a testament to the skilled training our skaters get as well as to the welcoming family-style experience the club offers. Our club welcomes skaters of all ages.We offer Short track program for beginners group 3 intermediate group 2 and advanced group 1 skaters.At each level the skaters are working with coaches to setup and achieve specific training goals. Advancement between groups is based on coachs recommendation and upon demonstration of the skills required to move up to the next level. Membership is currently 75 skaters and families.
What it reported doing in 2024
Speed Skating Camps We hold a winter long track camp and also a summer short track camp. Our club coaches put on these camps for our club skaters as well as any U.S. speedskating member that would like to attend. These camps focus on technique skills and strategy to improve the skating ability of the participants. These are extended weekend camps that provide ice time dryland training time and video analysis of skaters. We have a lot of local skaters plus skaters in our region and in the Midwest that attend.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 72
- Accountability: 76
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.6%; rating input score 59
- Program expense ratio: 80.2%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 80%; rating input score 80; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 26.9%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 21.2% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 58.6% of revenue deployed · 80.2% of spending went to programs
- Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
- Programs: 7 filed program accomplishments · $129K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 36 of 41 current checks pass · 5 findings to review
- Schedules: 2 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Occupancy column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Travel column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.