Team Webster Skating Assn Inc

Nonprofit profile at a glance

EIN
431846322
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Webster Groves, MO, USA
Phone
3146090508
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Winter Sports

Official website

Reported finances

Revenue
$683,878
Expenses
$619,980
Assets
$303,609
Liabilities
$1,086

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • LESLIE HINYARD (PRESIDENT)

Highest reported compensation

  • HANNAH MENEELY (DIRECTOR): $24,538 total reported compensation
  • MADDIE RUFF (DIRECTOR): $12,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the organization is to provide amateur skaters the opportunity to achieve excellence in skating and competition, to participate in a team spirit of mutual respect and goodwill, and to enjoy the time it takes attaining their skating goals. This mission is accomplished through the administration of two programs, st louis synergy synchronized skating and metro edge figure skating club. St louis synergy synchronized skating is a premier synchronized skating program in the st. Louis area. Sychnronized skating is a sport that requires a team of 12 to 16 skaters to perform complex patterns and skills. More than 100 skaters from age 5 to 18 participate on several teams. The synergy program focuses on developing strong young women by emphasizing sportsmanship, scholarship, service, and skill development. By participating on teams, our skaters learn valuable lessons about teamwork, goal setting and perserverance. Metro edge figure skating club was founded in 1996 at the webster gr

What it reported doing in 2024

Metro edge figure skating club is the indiviual skating division of the organization. The club hosts three large scale events annually. These productions include the nutcracker on ice, with a cast of more than 100 skaters from the st louis area and guest skaters. The show has played to sold out audiences with many patrons returning year after year. In 2010 this event was named outstanding community event by the webster groves shrewsbury chamber of commerce. Our "meet me in st. Louis" competition attracts skaters from bloomington, il to Kansas city mo and beyond. It is both a competitive and recreational competition allowing skaters to compete with the best local competition and participate in events designed to stretch their creative and artisitc skills. It is a vital component of our goal to be a club that provides numerous opportunities for our skaters to excel. The summer show provides an opportunity for the skaters to perform in front of an audience for the joy of entertaining. Skaters of all ages perform individually and in small and large groups.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.8%; rating input score 86
  • Program expense ratio: 94.6%; rating input score 95
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings

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: 5 of 7 controls in place; rating input score 71
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.3%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 3% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 12% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 85.8% of revenue deployed · 94.6% of spending went to programs
  • Governance: 11 of 11 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $587K in reported program spending
  • Leadership: top reported pay $25K · 11 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Financial Efficiency: Fundraising efficiency scored 1/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.