Overview
What is Pilgrim Skating Arena Inc?
Pilgrim Skating Arena Inc, situated in Hingham, Massachusetts, is a community-focused nonprofit organization. Their primary mission involves operating a full-service ice skating facility, offering a range of activities designed to promote youth athletics and training. The arena provides ice athletic teaching programs and makes ice time available at reasonable rates. Furthermore, they sponsor training for youth and the general public, fostering their physical, mental, and moral well-being. In addition, Pilgrim Skating Arena Inc has a scholarship fund to support the further education and development of deserving individuals from various communities. With a team of 20 dedicated employees, the arena aims to enrich the lives of its community members through athletic programs and educational opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating
Pilgrim Skating Arena Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some accountability and financial oversight strengths, there are notable areas for improvement. The organization boasts a fully independent board and scores highly on financial statements and asset management, which signifies good governance practices.
However, the nonprofit falls short in key areas such as the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which raises concerns about governance transparency. Additionally, the program expense ratio at 58.02% suggests that a significant portion of their budget may not be directed towards program activities, impacting their overall effectiveness.
While Pilgrim Skating Arena Inc demonstrates sound financial management regarding liabilities and asset ratios, the missing policies and lower program expense ratio highlight the need for the organization to strengthen its governance framework and increase its investment in direct program delivery. Addressing these limitations could enhance its rating in the future and bolster public trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Pilgrim Skating Arena Inc legitimate?
Pilgrim Skating Arena Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pilgrim Skating Arena Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $290,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $749,879
For more financial information, click here
What is the mission statement of Pilgrim Skating Arena Inc?
Pilgrim Skating Arena Inc's mission is centered around promoting the overall well-being of youth and various communities. They achieve this by organizing athletic programs, training schools, and other activities. Furthermore, the organization has established a scholarship fund to support the further education and development of deserving youth from different communities. Additionally, when feasible, Pilgrim Skating Arena Inc provides athletic equipment to individuals or teams who cannot afford it for their athletic activities.
Who is the CEO of Pilgrim Skating Arena Inc?
John O'Donoghue Iii is the Director of Pilgrim Skating Arena Inc. The CEO's salary of Pilgrim Skating Arena Inc is $268,492 and their total compensation is $268,492.
What is the revenue of Pilgrim Skating Arena Inc?
Pilgrim Skating Arena Inc's revenue in 2022 was $3,566,472.
Who are the executives of Pilgrim Skating Arena Inc and what are their salaries?
The average compensation at Pilgrim Skating Arena Inc during 2022 was $52,033. There are 20 employees at Pilgrim Skating Arena Inc.
Here are 4 key members and their salaries (Pilgrim Skating Arena Inc's CEO's salary is $268,492 and their total compensation is $268,492):
- Compensation: $22,288
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $268,492
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
Where can I find the form 990 for Pilgrim Skating Arena Inc?
Pilgrim Skating Arena Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pilgrim Skating Arena Inc
Pilgrim Skating Arena Inc, a nonprofit organization, is dedicated to promoting the overall well-being of youth and residents from various communities. They achieve this mission by offering a variety of athletic programs and training schools. The primary goal is to enhance the physical, mental, and moral development of these individuals. Furthermore, Pilgrim Skating Arena Inc has established a scholarship fund to support the educational opportunities of worthy applicants from different communities. Beyond athletic programs and education, the organization also aims to provide athletic equipment to individuals or teams who may not be able to afford it for their athletic activities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Pilgrim Skating Arena Inc's impact can be seen in the promotion of physical, mental, and moral well-being among youth and residents of various communities through its ice skating facility. By providing ice athletic teaching programs, training schools, and other programs at reasonable rates, the organization supports the development of youth and the general public. Additionally, through its scholarship fund, Pilgrim Skating Arena Inc further enhances educational opportunities for deserving applicants, contributing to the overall growth and development of individuals. The organization's commitment to supplying athletic equipment to individuals or teams in need also reflects its dedication to increasing access and participation in athletic activities. Pilgrim Skating Arena Inc's efforts align with its mission to foster a sense of community, wellness, and educational enrichment, making a positive impact on the individuals it serves.
This information is meant to be a general summary of Pilgrim Skating Arena Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $312,752
- Program Service Revenue: $2,900,329
- Gross Receipts: $3,716,264
Assets and Liabilities:
- Total Assets: $11,883,485
- Total Liabilities: $192,769
- Net Assets: $11,690,716
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE RENTAL
Revenue
$2,900,329
Organization Details
Founding Year
1970
Phone
(781) 749-6660Principal Officer
John O'Donoghue Iii
Main Address
75 RECREATION PARK DRIVE, HINGHAM, MA, 02044
NTEE Category
Code: N30 - Recreation
If you are a representative of Pilgrim Skating Arena Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.