Overview
What is Washington Ice Skating Association?
The Washington Ice Skating Association (WISA) is a dedicated nonprofit organization situated in Mount Lake Terrace, Washington. Its primary mission is to promote and foster the growth of figure skating and amateur hockey within the greater Seattle area. To achieve this goal, WISA operates two facilities: the Olympic View Arena and Lynnwood Ice Center. At these venues, WISA provides operational support for youth hockey and figure skating, catering to various skill levels through a range of programs. From basic skills courses to advanced training programs, WISA aims to nurture young skaters in both disciplines. Public sessions are also held at Lynnwood Ice Center, offering recreational opportunities for the community. With a dedicated workforce of 44 employees, WISA plays an essential role in the local ice sports scene.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Washington Ice Skating Association has received a two-star rating from Charity Navigator, indicating that while the organization has some strong accountability measures, there are areas that require improvement. With an overall score of 71%, the organization demonstrates robust governance practices, such as maintaining a fully independent board and having comprehensive conflict of interest and whistleblower policies in place.
One of the notable strengths of the organization is its impressive program expense ratio of 99.23%, which suggests that the majority of its funding is directed towards its mission-related activities. However, the liabilities to assets ratio stands at 60.80%, which highlights potential financial vulnerabilities that could impact the organization’s stability in the long term.
Overall, while the Washington Ice Skating Association shows commitment to transparency and effective governance, the need for improvement in financial ratios raises concerns about its ability to sustain operations and fulfill its mission effectively. Stakeholders may want to monitor these financial indicators closely as the organization seeks to enhance its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Washington Ice Skating Association legitimate?
Washington Ice Skating Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Ice Skating Association 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
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What is the mission statement of Washington Ice Skating Association?
The Washington Ice Skating Association (WISA) is committed to promoting the growth of figure skating and amateur hockey. To accomplish this, WISA operates two facilities, Olympic View Arena and Lynnwood Ice Center, in the greater Seattle area. Apart from managing these facilities, WISA offers operational support for youth hockey and figure skating programs. These programs cater to skaters at various skill levels, from beginner lessons to advanced training in both disciplines. Public skating sessions are also available at Lynnwood Ice Center.
Who is the CEO of Washington Ice Skating Association?
Mike Murphy is the President of Washington Ice Skating Association.
What is the revenue of Washington Ice Skating Association?
Washington Ice Skating Association's revenue in 2022 was $1,914,989.
Who are the executives of Washington Ice Skating Association and what are their salaries?
There are 44 employees and 20 volunteers at Washington Ice Skating Association.
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Washington Ice Skating Association?
Washington Ice Skating Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Washington Ice Skating Association
The Washington Ice Skating Association, abbreviated as WISA, is devoted to fostering the growth of figure skating and amateur hockey within the greater Seattle area. This nonprofit organization achieves its objective by managing two ice centers: the Olympic View Arena and the Lynnwood Ice Center. Beyond facility management, WISA offers operational support for both youth hockey and youth figure skating. The programs held at these facilities cater to various skill levels, from basic lessons for beginners to advanced training programs for both youth hockey and figure skating enthusiasts. Public skating sessions are also conducted at the Lynnwood Ice Center. In essence, the Washington Ice Skating Association plays a pivotal role in nurturing and encouraging the passion for ice sports among the younger generation in its area of operation.
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Impact
July, 2024
Washington Ice Skating Association's impact can be seen in the promotion and growth of figure skating and amateur hockey in the greater Seattle area. Through its operation of the Olympic View Arena and Lynnwood Ice Center, WISA offers various programs and activities that cater to both youth hockey and figure skating enthusiasts. By providing operational support and facilities for these sports, WISA contributes to the development of skills and passion among individuals of all ages. Additionally, the organization's mission to promote the growth of figure skating and amateur hockey highlights its commitment to fostering a strong community around these sports in Mountlake Terrace, Washington.
This information is meant to be a general summary of Washington Ice Skating Association. 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: $16
- Program Service Revenue: $1,838,280
- Gross Receipts: $1,914,989
Assets and Liabilities:
- Total Assets: $6,176,257
- Total Liabilities: $3,930,832
- Net Assets: $2,245,425
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE TIME/SKATE RENTALS
Revenue
$1,468,943
ADMISSIONS
Revenue
$181,880
FIGURE SKATING
Revenue
$111,102
CAMPS & EVENTS
Revenue
$76,355
Organization Details
Founding Year
1988
Phone
(425) 771-2006Principal Officer
Mike Murphy
Main Address
7012 220TH ST SW, MOUNTLAKE TERRACE, WA, 98043
NTEE Category
Code: N68 - Recreation
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