Port Huron Figure Skating Club
Nonprofit profile at a glance
- EIN
- 382550335
- IRS 990-EZ coverage
- 2010–2020
- Forms available
- Form 990-EZ 2020
- Location
- Port Huron, MI, USA
- Phone
- 8103889167
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Recreation& Sports N.E.C.
Reported finances
- Revenue
- $65,919
- Expenses
- $59,584
- Assets
- $45,000
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DARIN MAGNESON (PRESIDENT)
People named in this filing
- LINDA DEWEY (VICE-PRESIDE)
- KARLEY KIRKENDALL (SECRETARY)
- DARIN MAGNESON (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
Local children are taught figure skating with the hope that some are able to compete in higher level competition. An end of season ice show is held allowing all members to perform for the public. Additionally, a competition is hosted for children of other clubs to showcase their skills.
What it reported doing in 2020
Annual ice show for students
Operating model
- Revenue model
- Donor-supported. 84% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.6%; rating input score 89
- Program expense ratio: 98%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.6%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 88.6% of revenue deployed · 98% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2010 to 2020
- 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: Total-asset coverage ratio scored 29/100.
- Review — Sustainability: Operating margin scored 58/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.