Professional Skaters Association

Nonprofit profile at a glance

EIN
411125012
IRS 990 coverage
2011–2023
Forms available
Form 990 2023
Location
Rochester, MN, USA
Phone
5072815122
Rating confidence
Limited

Official website

Reported finances

Revenue
$939,192
Expenses
$875,263
Assets
$3,206,404
Liabilities
$16,891

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • ALEX CHANG (PAST PRESIDENT)
  • TIM COVINGTON (1ST VICE PRESIDENT)
  • REBECCA STUMP (PRESIDENT)
  • PATRICK O'NEIL (2ND VICE PRESIDENT)
  • KIRSTEN MILLER-ZISHOLZ (3RD VICE PRESIDENT)

People named in this filing

  • ALEX CHANG (PAST PRESIDENT)
  • TIM COVINGTON (1ST VICE PRESIDENT)
  • LISA HERNAND (TREASURER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dedicated to providing continuing education and accreditation to ice skating professionals.

What it reported doing in 2023

Ratings is a form of our accredidation process. Members are tested by a panel of master rated peers to determine the coaches knowledge at various skill levels (registered, certified, senior, and master) in select disciplines. Ratings are held at multiple sites throughout the year. This process helps to futher develop stronger coaching members and build the pool of mentors in our membership. The ratings prep process is a form of pre-testing and test prep for the ratings process. The prep process is a two day course to prepare coaches for the ratings process. Prep is held 2-3 times per year in various cities.

Operating model

Revenue model
Earned-program. 88% of the money available for current operations came from fees and other program 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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 68
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.8%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 3.66; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -0.2% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 23rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 20 of 20 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 20 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2011 to 2023
  • 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 — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 56/100.