Overview
What is The Colonial Figure Skating Club Inc?
The Colonial Figure Skating Club Inc, situated in West Acton, Massachusetts, is a nonprofit organization with a primary focus on nurturing and encouraging amateur figure skating competitions. This includes disciplines such as compulsory figures, free skating, pair skating, dancing, precision, and any other related figure skating categories. The club aims to support and enhance the skills of its members, fostering their participation in both national and international figure skating competitions. The organization follows the general policies set by the United States Figure Skating Association, further emphasizing its dedication to the figure skating community. With a team of 37 individuals, The Colonial Figure Skating Club Inc is committed to promoting and advancing the art of figure skating.
Official website here: www.colonialfsc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
The Colonial Figure Skating Club Inc has received a Three-Star rating from Charity Navigator, indicating a generally positive evaluation of its accountability and financial practices. The rating is derived from a strong score in this area, with high marks for having a majority of independent board members and robust financial oversight processes, demonstrating a commitment to transparency and governance.
The organization's strong points include a well-structured board and effective financial management, evidenced by the absence of material asset diversions and a comprehensive audit committee. The club's policies on conflict of interest and document retention further reflect good governance practices. However, the notable absence of a whistleblower policy may be a concern for some stakeholders regarding the organization's commitment to fostering an open and accountable environment.
While the financial ratios indicate some areas for improvement, such as the liabilities to assets ratio, the program expense ratio is commendable, suggesting that a significant portion of funds is allocated to its core activities. Overall, The Colonial Figure Skating Club Inc shows a solid commitment to accountability, though addressing the lack of certain policies could enhance its standing further.
This AI summary has been generated from information found on Charity Navigator.
Is The Colonial Figure Skating Club Inc legitimate?
The Colonial Figure Skating Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Colonial Figure Skating Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,605
For more financial information, click here
Official website here: www.colonialfsc.com
What is the mission statement of The Colonial Figure Skating Club Inc?
The Colonial Figure Skating Club Inc's mission is centered around promoting and fostering amateur figure skating competitions at both national and international levels. The club encourages participation in various types of figure skating disciplines such as compulsory figures, free skating, pair skating, dancing, precision, and any other related forms. Furthermore, the club supports the instruction, practice, and advancement of its members in these competitions. The Colonial Figure Skating Club Inc also adheres to the general policies of the United States Figure Skating Association.
Official website here: www.colonialfsc.com
Who is the CEO of The Colonial Figure Skating Club Inc?
Jill Greene is the Director of The Colonial Figure Skating Club Inc.
Official website here: www.colonialfsc.com
What is the revenue of The Colonial Figure Skating Club Inc?
The Colonial Figure Skating Club Inc's revenue in 2022 was $975,732.
Official website here: www.colonialfsc.com
Who are the executives of The Colonial Figure Skating Club Inc and what are their salaries?
The average compensation at The Colonial Figure Skating Club Inc during 2022 was $7,746. There are 37 employees and 109 volunteers at The Colonial Figure Skating Club Inc.
Here are 10 key members and their salaries:
- Compensation: $80,000
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- Compensation: $320
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- Other: $0
Official website here: www.colonialfsc.com
Where can I find the form 990 for The Colonial Figure Skating Club Inc?
The Colonial Figure Skating Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.colonialfsc.com
Learn more at the official website: www.colonialfsc.com
Mission Statement of The Colonial Figure Skating Club Inc
The Colonial Figure Skating Club Inc is dedicated to promoting and advancing amateur figure skating at both national and international levels. This esteemed organization encourages participation in various figure skating disciplines, including compulsory figures, free skating, pair skating, dancing, precision, and any other related categories. The Club's primary objective is to foster the instruction, practice, and improvement of its members in these diverse figure skating competitions. Furthermore, The Colonial Figure Skating Club Inc adheres to the general policies established by the United States Figure Skating Association. In doing so, it plays a significant role in nurturing the passion and skills of its members in the dynamic world of figure skating.
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Impact
July, 2024
The Colonial Figure Skating Club Inc has a significant impact on the world of figure skating. It plays a crucial role in encouraging and fostering national and international amateur figure skating competition across various disciplines such as compulsory figures, free skating, pair skating, dancing, precision, and more. The club not only promotes the sport but also supports the instruction, practice, and advancement of its members in all types of figure skating competitions.
Through its program services, which include The Colonials, Aspire, and Theatre on Ice, The Colonial Figure Skating Club Inc provides opportunities for skaters to showcase their skills, develop their talents, and compete at various levels. By following the general policies of the United States Figure Skating Association, the club contributes to the growth and success of figure skating as a recreational and competitive activity.
Overall, The Colonial Figure Skating Club Inc's dedication to promoting figure skating and supporting its members in their pursuit of excellence helps enrich the figure skating community and inspire future generations of skaters.
This information is meant to be a general summary of The Colonial Figure Skating Club 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: $1,389
- Program Service Revenue: $863,323
- Gross Receipts: $975,732
Assets and Liabilities:
- Total Assets: $293,953
- Total Liabilities: $207,236
- Net Assets: $86,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM & EVENTS REVENUE
Revenue
$863,323
Organization Details
Founding Year
1972
Phone
(978) 263-3450Principal Officer
Jill Greene
Main Address
PO BOX 517, WEST ACTON, MA, 01720
Website
www.colonialfsc.comNTEE Category
Code: N68 - Recreation
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