Civic Intelligence

Boston Skating Club Inc

EIN 04-3305884 • 501(c)3 • Brighton, MA

Profile

To promote regional, national and international amateur sports competition in figure skating and support and develop amateur figure skaters for such competitions.

1240 Soldiers Field RoadBrighton, MA 02135

n/A

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

2nd percentile

-215%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

90th percentile

$209,603

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 2321.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

55th percentile

5.2%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,653,559

Up $82,153 (+5.2%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Up

$1,653,559

Up $82,153 (+5.2%) from 2018

Revenue

Up

$9,028

Up $1,033 (+13%) from 2018

Expenses

Up

$28,440

Up $801 (+2.9%) from 2018

Net Income

Up

-$19,412

Up $232 (+1.2%) from 2018

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $422,196Liabilities 2010: $3,000Net Assets 2010: $419,1962010Assets 2011: $522,405Liabilities 2011: $5,000Net Assets 2011: $517,4052011Assets 2012: $528,336Liabilities 2012: $10,000Net Assets 2012: $518,3362012Assets 2013: $1,385,286Liabilities 2013: $836,897Net Assets 2013: $548,3892013Assets 2014: $823,321Liabilities 2014: $27,324Net Assets 2014: $795,9972014Assets 2015: $3,151,135Liabilities 2015: $3,320,720Net Assets 2015: -$169,5852015Assets 2016: $3,362,199Liabilities 2016: $1,760,645Net Assets 2016: $1,601,5542016Assets 2017: $1,609,444Liabilities 2017: $0Net Assets 2017: $1,609,4442017Assets 2018: $1,571,406Liabilities 2018: $0Net Assets 2018: $1,571,4062018Assets 2019: $1,653,559Liabilities 2019: $0Net Assets 2019: $1,653,5592019

Highlighted filing

2019

Assets$1,653,559
Liabilities$0
Net Assets$1,653,559

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $15,0002010Expenses 2011: $5,0112011Expenses 2012: $5,0312012Revenue 2013: $53Expenses 2013: $0Net Income 2013: $532013Revenue 2014: $4,296,265Expenses 2014: $4,023,657Net Income 2014: $272,6082014Revenue 2015: $33,323Expenses 2015: $710,414Net Income 2015: -$677,0912015Revenue 2016: $8,083,197Expenses 2016: $6,303,215Net Income 2016: $1,779,9822016Revenue 2017: $2,636Expenses 2017: $5,919Net Income 2017: -$3,2832017Revenue 2018: $7,995Expenses 2018: $27,639Net Income 2018: -$19,6442018Revenue 2019: $9,028Expenses 2019: $28,440Net Income 2019: -$19,4122019

Highlighted filing

2019

Revenue$9,028
Expenses$28,440
Net Income-$19,412

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 9, 2020
Return Version
2018v3.1
Gross Receipts
$207,144
Mission and Program Overview

Mission

To promote regional, national and international amateur sports competition in figure skating and support and develop amateur figure skaters for such competitions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,490,228$1,579,635▲ $89,407
Total Assets$1,571,406$1,653,559▲ $82,153
Other Assets Total$81,178$73,924▼ $7,254
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,571,406$1,653,559▲ $82,153
Total Net Assets Fund Balance$1,571,406$1,653,559▲ $82,153
Total Liabilities and Net Assets / Fund Balance$1,571,406$1,653,559▲ $82,153
Compensation and Service Providers

Board Members and Trustees

NameTitle
Benjamin WrightDirector/chairman
Joseph BlountDirector/president
Ann BuckleyDirector/vice President
Aaron WhiteDirector
Erik WitkowskiDirector
Gloria MinerDirector
Joanna LloydDirector
John MonizDirector
Kelly RequadtDirector
Raymond ChangDirector
Richard ShaughnessyDirector
Suna MurrayDirector
Deborah GaffDirector A/o 12/17/18
Jean WuDirector Thru 9/5/18
Ronellen GagnonDirector/ Secretary
GEORGE D'ARBELOFFDirector/treasurer
Douglas ZeghibeExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$9,028
Other Revenue
$0
Change in Net Assets
$-19,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,440
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$21,186-$21,186
Fees for Services Accounting-$4,560-$4,560
Fees for Services Legal-$2,694-$2,694
Total Functional Expenses$0$28,440$0$28,440
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The executive director has a business relationship with the members of the board because he is employed by an organization for which they also serve as board members.

Form 990, Part VI, Section A, Line 6

The skating club of boston is the sole member of boston skating club.

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

The skating club of boston has the authority to amend the by-laws for boston skating club.

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

A copy of the form 990 was reviewed by the director of finance and operations and the executive director. The form 990 was not reviewed by the entire board before filing.

Form 990, Part VI, Section B, Line 12

The officers, directors and key employees were not required to disclose any conflict of interests during fy19.

Form 990, Part VI, Section B, Line 15

The organization has no compensation expense.

Form 990, Part VI, Section C, Line 19

The organization's documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Boston Skating Club Inc
EIN
04-3305884
Phone
6177825900
Address
1240 SOLDIERS FIELD ROAD, BRIGHTON, MA 02135

Signing Officer

Name
Joseph Blount
Title
President
Phone
6177825900
Signed
2020-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Blount
Formed
1996
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
13
Employees
0
Volunteers
16

Preparer

Firm
Blum Shapiro & Company Pc
Address
4 BATTERYMARCH PARK SUITE 100, QUINCY, MA 02169-7431
Preparer
Michelle Y Hatch
Phone
7819821001
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

During fy 2019, the board of directors voted to cease operations and dissolve the boston skating club. A plan to transfer remaining assets to the skating club of boston was approved by the massachusetts attorney general's office on july 13, 2019.

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IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-19644
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt027639
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07995
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-19412
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt036372
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07995
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01422
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01071
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt046860
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08082126
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt033323
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08115449
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt036372
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07995
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01422
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt046860
IRS990ScheduleA/InvestmentIncomeCYPct00.00570
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01214
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01214
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99410
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt08115449
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt08082126
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt033323
IRS990ScheduleA/Total509Grp/TotalAmt08115449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt036372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02636
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt08083197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt033323
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08163523
IRS990/ScheduleBRequiredInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt01000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0200715
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07888
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DOUGLAS ZEGHIBE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0209603
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING FY 2019, THE BOARD OF DIRECTORS VOTED TO CEASE OPERATIONS AND DISSOLVE THE BOSTON SKATING CLUB. A PLAN TO TRANSFER REMAINING ASSETS TO THE SKATING CLUB OF BOSTON WAS APPROVED BY THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE ON JULY 13, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR HAS A BUSINESS RELATIONSHIP WITH THE MEMBERS OF THE BOARD BECAUSE HE IS EMPLOYED BY AN ORGANIZATION FOR WHICH THEY ALSO SERVE AS BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SKATING CLUB OF BOSTON IS THE SOLE MEMBER OF BOSTON SKATING CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SKATING CLUB OF BOSTON HAS THE AUTHORITY TO AMEND THE BY-LAWS FOR BOSTON SKATING CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE FORM 990 WAS REVIEWED BY THE DIRECTOR OF FINANCE AND OPERATIONS AND THE EXECUTIVE DIRECTOR. THE FORM 990 WAS NOT REVIEWED BY THE ENTIRE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OFFICERS, DIRECTORS AND KEY EMPLOYEES WERE NOT REQUIRED TO DISCLOSE ANY CONFLICT OF INTERESTS DURING FY19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION HAS NO COMPENSATION EXPENSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE SKATING CLUB OF BOSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0041839710
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DEVELOP AMATEUR FIGURE SKATERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01240 SOLDIERS FIELD ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRIGHTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002135
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA

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