Overview
What is Forestwood Skating Club Inc?
The Forestwood Skating Club Inc, located in Cleveland, Ohio, is a nonprofit organization that primarily focuses on providing skating lessons. These lessons extend beyond recreational learning, offering competition opportunities for individuals interested in honing their skills further. In addition to its skating initiatives, the club engages in fundraising activities to support other tax-exempt organizations, such as schools, colleges, and churches. This community-focused club aims to foster a love for skating while contributing positively to various local institutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Forestwood Skating Club Inc has received a Three-Star rating, reflecting a solid overall performance primarily in its accountability and financial management. The score is based on a comprehensive assessment focused entirely on the Accountability & Finance beacon, indicating that the organization demonstrates strong governance practices.
The club showcases notable strengths, including having an entirely independent board which contributes to effective oversight. Additionally, the organization reports no material diversion of assets, ensures transparency by documenting board meeting minutes, and maintains full compliance by posting its tax forms on its website. These factors collectively enhance its credibility and trust among donors.
While the overall score is favorable, it is essential for potential supporters to consider that the rating solely reflects financial aspects without evaluating program effectiveness or impact. Nonetheless, the high program expense ratio of 100% suggests that all funds are directed towards the programs, indicating a commitment to its mission and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Forestwood Skating Club Inc legitimate?
Forestwood Skating Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forestwood 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: $0
For more financial information, click here
What is the mission statement of Forestwood Skating Club Inc?
The Forestwood Skating Club Inc's primary focus is on providing skating lessons to its members, offering opportunities for competition as well. Beyond skating, the club engages in charitable activities, donating funds to various tax-exempt organizations such as schools, colleges, and churches. Their mission is geared towards fostering skating skills while contributing to the broader community through monetary contributions.
What is the revenue of Forestwood Skating Club Inc?
Forestwood Skating Club Inc's revenue in 2024 was $506,543.
Who are the executives of Forestwood Skating Club Inc and what are their salaries?
There 65 volunteers at Forestwood Skating Club Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Forestwood Skating Club Inc?
Forestwood Skating Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Forestwood Skating Club Inc
Forestwood Skating Club Inc, a nonprofit organization, is dedicated to providing skating lessons. This includes preparing individuals for competitive events, offering a variety of opportunities for skill development. Beyond skating lessons, Forestwood Skating Club Inc also engages in fundraising activities. These efforts are aimed at supporting other tax-exempt organizations such as schools, colleges, and churches. By doing so, the club extends its reach beyond skating, contributing to the broader community.
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Impact
July, 2024
Forestwood Skating Club Inc's impact is primarily centered around providing skating lessons, including competition opportunities, to individuals in the Cleveland, Ohio area. Additionally, the organization engages in fundraising activities to donate to other tax-exempt organizations such as schools, colleges, and churches. By offering skating lessons and fostering a sense of community through their charitable donations, Forestwood Skating Club Inc positively influences the lives of its members and the broader community.
This information is meant to be a general summary of Forestwood 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 2024.
- Gross Receipts: $506,543
Assets and Liabilities:
- Total Assets: $299,938
- Total Liabilities: $0
- Net Assets: $299,938
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Organization Details
Founding Year
2017
Principal Officer
Jackie Gray
NTEE Category
Code: N68 - Recreation
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