Civic Intelligence

Skating Association of Maine

EIN 01-0368190 • 501(c)3 • Augusta, ME

Profile

To encourage and promote ice skating programs in the State of Maine.

PO Box 5663Augusta, ME 04332

www.maineskaters.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

23%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$357,324

Up $49,936 (+16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$357,324

Up $49,936 (+16%) from 2023

Revenue

Up

$475,596

Up $89,836 (+23%) from 2023

Expenses

Up

$418,614

Up $44,239 (+12%) from 2023

Net Income

Up

$56,982

Up $45,597 (+401%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $44,984Liabilities 2011: $1,3762011Assets 2012: $93,085Liabilities 2012: $1,376Net Assets 2012: $91,7092012Assets 2013: $113,210Liabilities 2013: $0Net Assets 2013: $113,2102013Assets 2014: $95,133Liabilities 2014: $0Net Assets 2014: $95,1332014Assets 2015: $140,233Liabilities 2015: $0Net Assets 2015: $140,2332015Assets 2016: $190,309Liabilities 2016: $0Net Assets 2016: $190,3092016Assets 2017: $239,085Liabilities 2017: $0Net Assets 2017: $239,0852017Assets 2018: $232,440Liabilities 2018: $0Net Assets 2018: $232,4402018Assets 2019: $246,472Liabilities 2019: $0Net Assets 2019: $246,4722019Assets 2020: $250,008Liabilities 2020: $0Net Assets 2020: $250,0082020Assets 2021: $280,575Liabilities 2021: $0Net Assets 2021: $280,5752021Assets 2022: $296,003Liabilities 2022: $0Net Assets 2022: $296,0032022Assets 2023: $307,388Liabilities 2023: $0Net Assets 2023: $307,3882023Assets 2024: $357,324Liabilities 2024: $0Net Assets 2024: $357,3242024

Highlighted filing

2024

Assets$357,324
Liabilities$0
Net Assets$357,324

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $119,547Expenses 2011: $129,687Net Income 2011: -$10,1402011Expenses 2012: $243,7972012Revenue 2013: $353,868Expenses 2013: $332,367Net Income 2013: $21,5012013Revenue 2014: $306,764Expenses 2014: $324,841Net Income 2014: -$18,0772014Revenue 2015: $348,993Expenses 2015: $303,893Net Income 2015: $45,1002015Revenue 2016: $387,959Expenses 2016: $337,883Net Income 2016: $50,0762016Revenue 2017: $430,535Expenses 2017: $381,759Net Income 2017: $48,7762017Revenue 2018: $387,018Expenses 2018: $393,663Net Income 2018: -$6,6452018Revenue 2019: $399,469Expenses 2019: $385,437Net Income 2019: $14,0322019Revenue 2020: $309,078Expenses 2020: $305,542Net Income 2020: $3,5362020Revenue 2021: $307,534Expenses 2021: $276,967Net Income 2021: $30,5672021Revenue 2022: $361,871Expenses 2022: $346,443Net Income 2022: $15,4282022Revenue 2023: $385,760Expenses 2023: $374,375Net Income 2023: $11,3852023Revenue 2024: $475,596Expenses 2024: $418,614Net Income 2024: $56,9822024

Highlighted filing

2024

Revenue$475,596
Expenses$418,614
Net Income$56,982

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.00$3.57$4.76$4.19$0.57
2023Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.07$3.86$3.74$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.00$2.96$3.62$3.46$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.81$0.00$2.81$3.08$2.77$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$0.00$2.50$3.09$3.06$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.00$2.46$3.99$3.85$0.14
2018Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$3.87$3.94$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$4.31$3.82$0.49
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.00$1.90$3.88$3.38$0.50
2015Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$3.49$3.04$0.45
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$3.07$3.25$0.18
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.13$0.00$1.13$3.54$3.32$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.01$0.92$2.44
2011Summary only. Only limited summary data is available for this year.$0.45$0.01$1.20$1.30$0.10
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$415,150
Mission and Program Overview

Mission

The mission of the Skating Association of Maine is to encourage and promote ice skating programs in the State of Maine.

To encourage and promote ice skating programs in the state of maine

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$296,003$307,388▲ $11,385
Cash and Non-Interest-Bearing Accounts$179,815$192,051▲ $12,236
Savings and Temporary Cash Investments$107,620$107,673▲ $53
Accounts Receivable$7,950$7,046▼ $904
Inventories for Sale or Use$618$618→ $0
Total Assets$296,003$307,388▲ $11,385
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$296,003$307,388▲ $11,385
Total Liabilities and Net Assets / Fund Balance$296,003$307,388▲ $11,385

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$11,943$11,943
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan SmithPresident
Steven PrescottVice President
Sandra PrescottDirector -prescott Rep
Eric NasonDirector at Large
Mark EllisDirector at Large
Stephen JewelDirector at Large
Lars Schultz NeilsonSecretary
Heather KnowlesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,501
Program Service Revenue
$348,473
Investment Income
$177
Other Revenue
$27,609
All Other Contributions
$9,501
Change in Net Assets
$11,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$364,231
Salaries, Compensation, and Employee Benefits$10,144
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$24,371--$24,371
Office Expenses$1,708--$21,355
Other Salaries and Wages$6,962--$8,702
Insurance$1,246--$1,557
Payroll Taxes$1,154--$1,442
Fees for Services Legal$75--$94
Total Functional Expenses$352,370$0$0$374,375
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,999
Fundraising Direct Expenses$29,390
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wreath Sales$34,912$34,912$23,190$11,722
Calender Sales$16,800$16,800$2,883$13,917
Total Events$56,999$56,999$29,390$27,609
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section SECTION A, Line 2

Sandra and steven prescott have a family relationship

Form 990, Part VI, Section SECTION A, Line 6

THE SKATING ASSOCIATION OF MAINE OFFERS FOUR TYPES OF MEMBERSHIP A HOME MEMBERSHIP IS AVAILABLE TO ANY PERSON WHOSE PRIMARY SKATING MEMBERSHIP RESIDES WITH THE SKATING ASSOCIATION OF MAINE SAM. THIS INDIVIDUAL IS REGISTERED THROUGH SAM WITH HIS OR HER RESPECTIVE NATIONAL GOVERNING BODY NGB, AND REPRESENTS SAM AT COMPETITIONS, GAMES AND TOURNAMENTS. HOME MEMBERS, 18 YEARS OF AGE OR OLDER, ARE VOTING MEMBERS OF THE SKATING ASSOCIATION OF MAINE. B. ASSOCIATE MEMBERSHIP IS AVAILABLE TO ANY INDIVIDUAL WHOSE NGB REGISTRATION IS WITH ANOTHER CLUB OR ASSOCIATION. AN ASSOCIATE MEMBER MAY NOT REPRESENT SAM IN COMPETITIONS, GAMES, OR TOURNAMENTS. AT CLUB MEETINGS, THEY HAVE A PRIVILEGE OF THE FLOOR, AND MAY SPEAK, BUT THEY HAVE NO VOTE, AND MAY NOT HOLD ELECTED OR APPOINTED OFFICE ON THE BOARD OF DIRECTORS OF STEERING COMMITTEES. C. SUPPORTING MEMBERSHIP FRIENDS OF SAM IS AVAILABLE TO ANY INDIVIDUAL WHO DESIRES TO SUPPORT SAM BE BECOMING A MEMBER, BUT WITHOUT THE REQUIREMENT OF REGISTERING WITH AN NGB. SUPPORTING MEMBERS HAVE THE PRIVILEGE OF THE FLOOR, BUT HAVE NO SPEECH OR VOTING RIGHTS. D. HONORARY MEMBERSHIP IS AN HONOR THAT MAY BE BESTOWED BY THE ASSOCIATION UPON AN INDIVIDUAL OR ENTITY BY A TWO-THIRDS VOTE OF THE MEMBERS PRESENT, IN PERSON OR BY PROXY, AT ANY MEETING OF THE ASSOCIATION. HONORARY MEMBERS SHALL BE FREE FROM INITIATION FEES, DUES, OR ASSESSMENTS. THEY MAY REPRESENT THE ASSOCIATION IN EXHIBITIONS AND ATTEND ICE SKATING SESSIONS UNDER THE SAME RULES GOVERNING OTHER MEMBERS. hONORARY MEMBERS HAVE THE PRIVILEGE OF THE FLOOR, OF SPEECH, BUT HAVE NO VOTING RIGHTS.

Form 990, Part VI, Section SECTION A, Line 7A

Skating association of maine members elect at large members of the 4-8 member board of directors. There also are two steering committees - figure skating and hockey. Each steering committee will elect from its membership two directors to the board of directors.

Form 990, Part VI, Section SECTION B, Line 11B

The president and the finance chair of the board of directors review the form 99, prepared by and independent accountant, before it is filed.

Form 990, Part VI, Section SECTION B, Line 12C

A conflict of interest arises when a trustee, officer, director, committee member, other volunteer or staff member involved in making a decision is in the position of benefit, directly or indirectly, from his or her dealings with the association or with a person conducting business with the association. The definition of a benefit includes both tangible and intangible benefits.

Form 990, Part VI, Line 12C

Each trustee, officer, director, committee member, staff member and volunteer must a. Avoid conflicts of interest, or the appearance of conflicts, between their personal interests and those of the association in dealing with outside entities or individuals. B. Disclose real, apparent, or the appearance of conflicts of interest to the trustees, board and or steering committee, as apporpriate. C. Refrain from voting on matters that involve a real conflict of interest or the unresolved appearance of a conflict. D. Conflicted members may not participate in the discussion and should be excused from the meeting during any discussion, unless the majority of the meeting determines otherwise by a majority vote in the absence of the conflicted member. All directors are asked to disclose any potential conflicts of interest at each board meeting.

Filing and Contact Details

Filer

Filer Name
Skating Association of Maine
EIN
01-0368190
Phone
2074463033
Address
PO BOX 5663, AUGUSTA, ME 04332

Signing Officer

Name
Heather Knowles
Title
Treasurer
Phone
2074463033
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Knowles
Formed
1981
Legal Domicile
Me
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
72

Preparer

Firm
Norwood Tax & Accounting Svc LLC
Address
212 PUDDLEDOCK ROAD, MANCHESTER, ME 04351
Preparer
William E Norwood
Phone
2073330272
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Section Program Service, Line 11G

Form 990, Part IX, Section PROGRAM SERVICE, Line 11G HOCKEY OFFICIALS, TIMEKEEPERS, REFEREESPROGRAM SERVICE EXPENSES- 24,344

Raw XML AppendixShowing 400 of 463 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AdvertisingGrp/TotalAmt00
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IRS990/CYTotalRevenueAmt0385760
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IRS990/Desc0THE ASSOCIATION EXISTS TO ENCOURAGE AND PROMOTE THE PARTICIPATION, INSTRUCTION, PRACTICE, AND ADVANCEMENTOF ITS MEMBERS IN THE SPORT OF SKATING ON ICE. THE ASSOCIATIONS PROGRAMS INCLUDE, BUR ARE NOT LIMITED TO, LEARN TO SKATE, FIGURE SKATING, AND HOCKEY, AND ARE PROMOTED IN ACCORDANCE WITH THE RULES AND REGULATIONS OF EACH SPORTS NATIONAL GOVERNING BODY NGB. THE ASSOCIATION ALSO STRIVES TO INSTILL THE IDEALS OF GOOD SPORTSMANSHIP, HONESTY, AND TEAMWORK IN ITS MEMBERS. DURING 2019, THE SKATING ASSOCIATION OF MAINE SERVED APPROXIMATELY 488 CHILDREN AND YOUTH THROUGH FORMAL PROGRAMS AND COUNTLESS MORE PARTICIPATED IN FREE SKATE.
IRS990/DescribedInSection501c3Ind0true
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR -PRESCOTT REP
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SANDRA AND STEVEN PRESCOTT HAVE A FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SKATING ASSOCIATION OF MAINE OFFERS FOUR TYPES OF MEMBERSHIP A HOME MEMBERSHIP IS AVAILABLE TO ANY PERSON WHOSE PRIMARY SKATING MEMBERSHIP RESIDES WITH THE SKATING ASSOCIATION OF MAINE SAM. THIS INDIVIDUAL IS REGISTERED THROUGH SAM WITH HIS OR HER RESPECTIVE NATIONAL GOVERNING BODY NGB, AND REPRESENTS SAM AT COMPETITIONS, GAMES AND TOURNAMENTS. HOME MEMBERS, 18 YEARS OF AGE OR OLDER, ARE VOTING MEMBERS OF THE SKATING ASSOCIATION OF MAINE. B. ASSOCIATE MEMBERSHIP IS AVAILABLE TO ANY INDIVIDUAL WHOSE NGB REGISTRATION IS WITH ANOTHER CLUB OR ASSOCIATION. AN ASSOCIATE MEMBER MAY NOT REPRESENT SAM IN COMPETITIONS, GAMES, OR TOURNAMENTS. AT CLUB MEETINGS, THEY HAVE A PRIVILEGE OF THE FLOOR, AND MAY SPEAK, BUT THEY HAVE NO VOTE, AND MAY NOT HOLD ELECTED OR APPOINTED OFFICE ON THE BOARD OF DIRECTORS OF STEERING COMMITTEES. C. SUPPORTING MEMBERSHIP FRIENDS OF SAM IS AVAILABLE TO ANY INDIVIDUAL WHO DESIRES TO SUPPORT SAM BE BECOMING A MEMBER, BUT WITHOUT THE REQUIREMENT OF REGISTERING WITH AN NGB. SUPPORTING MEMBERS HAVE THE PRIVILEGE OF THE FLOOR, BUT HAVE NO SPEECH OR VOTING RIGHTS. D. HONORARY MEMBERSHIP IS AN HONOR THAT MAY BE BESTOWED BY THE ASSOCIATION UPON AN INDIVIDUAL OR ENTITY BY A TWO-THIRDS VOTE OF THE MEMBERS PRESENT, IN PERSON OR BY PROXY, AT ANY MEETING OF THE ASSOCIATION. HONORARY MEMBERS SHALL BE FREE FROM INITIATION FEES, DUES, OR ASSESSMENTS. THEY MAY REPRESENT THE ASSOCIATION IN EXHIBITIONS AND ATTEND ICE SKATING SESSIONS UNDER THE SAME RULES GOVERNING OTHER MEMBERS. hONORARY MEMBERS HAVE THE PRIVILEGE OF THE FLOOR, OF SPEECH, BUT HAVE NO VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SKATING ASSOCIATION OF MAINE MEMBERS ELECT AT LARGE MEMBERS OF THE 4-8 MEMBER BOARD OF DIRECTORS. THERE ALSO ARE TWO STEERING COMMITTEES - FIGURE SKATING AND HOCKEY. EACH STEERING COMMITTEE WILL ELECT FROM ITS MEMBERSHIP TWO DIRECTORS TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT AND THE FINANCE CHAIR OF THE BOARD OF DIRECTORS REVIEW THE FORM 99, PREPARED BY AND INDEPENDENT ACCOUNTANT, BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A CONFLICT OF INTEREST ARISES WHEN A TRUSTEE, OFFICER, DIRECTOR, COMMITTEE MEMBER, OTHER VOLUNTEER OR STAFF MEMBER INVOLVED IN MAKING A DECISION IS IN THE POSITION OF BENEFIT, DIRECTLY OR INDIRECTLY, FROM HIS OR HER DEALINGS WITH THE ASSOCIATION OR WITH A PERSON CONDUCTING BUSINESS WITH THE ASSOCIATION. THE DEFINITION OF A BENEFIT INCLUDES BOTH TANGIBLE AND INTANGIBLE BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH TRUSTEE, OFFICER, DIRECTOR, COMMITTEE MEMBER, STAFF MEMBER AND VOLUNTEER MUST A. AVOID CONFLICTS OF INTEREST, OR THE APPEARANCE OF CONFLICTS, BETWEEN THEIR PERSONAL INTERESTS AND THOSE OF THE ASSOCIATION IN DEALING WITH OUTSIDE ENTITIES OR INDIVIDUALS. B. DISCLOSE REAL, APPARENT, OR THE APPEARANCE OF CONFLICTS OF INTEREST TO THE TRUSTEES, BOARD AND OR STEERING COMMITTEE, AS APPORPRIATE. C. REFRAIN FROM VOTING ON MATTERS THAT INVOLVE A REAL CONFLICT OF INTEREST OR THE UNRESOLVED APPEARANCE OF A CONFLICT. D. CONFLICTED MEMBERS MAY NOT PARTICIPATE IN THE DISCUSSION AND SHOULD BE EXCUSED FROM THE MEETING DURING ANY DISCUSSION, UNLESS THE MAJORITY OF THE MEETING DETERMINES OTHERWISE BY A MAJORITY VOTE IN THE ABSENCE OF THE CONFLICTED MEMBER. ALL DIRECTORS ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AT EACH BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Form 990, Part IX, Section PROGRAM SERVICE, Line 11G HOCKEY OFFICIALS, TIMEKEEPERS, REFEREESPROGRAM SERVICE EXPENSES- 24,344
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section SECTION A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section SECTION A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section SECTION A, Line 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section SECTION B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section SECTION B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Section Program Service, Line 11G
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