Civic Intelligence

Twin City Figure Skating Assn

EIN 23-7442086 • 501(c)3 • Bloomington, MN

Profile

None

8131 34th Avenue South 612Bloomington, MN 55425

www.tcfsa.org

Siviq Scores

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

Liabilities / Assets

41st percentile

0.00x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

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 2025

Asset Growth

47th percentile

2.2%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

94th percentile

160%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$511,080

Up $10,797 (+2.2%) from 2024

Liabilities

Down

$1,933

Down $900 (-32%) from 2024

Net Assets

Up

$509,147

Up $11,697 (+2.4%) from 2024

Revenue

Up

$273,850

Up $168,701 (+160%) from 2024

Expenses

Up

$268,764

Up $170,113 (+172%) from 2024

Net Income

Down

$5,086

Down $1,412 (-22%) from 2024

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $608,412Liabilities 2013: $0Net Assets 2013: $608,4122013Assets 2014: $618,051Liabilities 2014: $0Net Assets 2014: $618,0512014Assets 2015: $576,397Liabilities 2015: $0Net Assets 2015: $576,3972015Assets 2016: $512,203Liabilities 2016: $0Net Assets 2016: $512,2032016Assets 2017: $538,907Liabilities 2017: $0Net Assets 2017: $538,9072017Assets 2018: $513,972Liabilities 2018: $0Net Assets 2018: $513,9722018Assets 2019: $498,165Liabilities 2019: $0Net Assets 2019: $498,1652019Assets 2020: $461,829Liabilities 2020: $500Net Assets 2020: $461,3292020Assets 2021: $513,457Liabilities 2021: $289Net Assets 2021: $513,1682021Assets 2022: $458,649Liabilities 2022: $7,083Net Assets 2022: $451,5662022Assets 2023: $500,685Liabilities 2023: $43,652Net Assets 2023: $457,0332023Assets 2024: $500,283Liabilities 2024: $2,833Net Assets 2024: $497,4502024Assets 2025: $511,080Liabilities 2025: $1,933Net Assets 2025: $509,1472025

Highlighted filing

2025

Assets$511,080
Liabilities$1,933
Net Assets$509,147

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2013: $67,9682013Revenue 2014: $76,662Expenses 2014: $120,675Net Income 2014: -$44,0132014Revenue 2015: $105,555Expenses 2015: $91,853Net Income 2015: $13,7022015Revenue 2016: $76,289Expenses 2016: $97,312Net Income 2016: -$21,0232016Revenue 2017: $97,089Expenses 2017: $86,482Net Income 2017: $10,6072017Revenue 2018: $46,416Expenses 2018: $65,527Net Income 2018: -$19,1112018Revenue 2019: $78,184Expenses 2019: $118,277Net Income 2019: -$40,0932019Revenue 2020: $72,554Expenses 2020: $95,839Net Income 2020: -$23,2852020Revenue 2021: $60,095Expenses 2021: $68,991Net Income 2021: -$8,8962021Revenue 2022: $61,635Expenses 2022: $75,615Net Income 2022: -$13,9802022Revenue 2023: $66,154Expenses 2023: $85,600Net Income 2023: -$19,4462023Revenue 2024: $105,149Expenses 2024: $98,651Net Income 2024: $6,4982024Revenue 2025: $273,850Expenses 2025: $268,764Net Income 2025: $5,0862025

Highlighted filing

2025

Revenue$273,850
Expenses$268,764
Net Income$5,086

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.11$0.02$5.09$2.74$2.69$0.05
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$0.03$4.97$1.05$0.99$0.06
2023Detailed filing. Detailed filing data is available for this year.$5.01$0.44$4.57$0.66$0.86$0.19
2022Detailed filing. Detailed filing data is available for this year.$4.59$0.07$4.52$0.62$0.76$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.13$0.00$5.13$0.60$0.69$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.62$0.01$4.61$0.73$0.96$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$0.00$4.98$0.78$1.18$0.40
2018Detailed filing. Detailed filing data is available for this year.$5.14$0.00$5.14$0.46$0.66$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.39$0.00$5.39$0.97$0.86$0.11
2016Detailed filing. Detailed filing data is available for this year.$5.12$0.00$5.12$0.76$0.97$0.21
2015Detailed filing. Detailed filing data is available for this year.$5.76$0.00$5.76$1.06$0.92$0.14
2014Detailed filing. Detailed filing data is available for this year.$6.18$0.00$6.18$0.77$1.21$0.44
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.08$0.00$6.08$0.68
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 9, 2025
Return Version
2024v5.2
Gross Receipts
$356,995
Mission and Program Overview

Mission

None

To foster, promote, improve and encourage the sport of figure skating among youth under 18 years of age in the state of minnesota. To promote cooperation between the member clubs, and to encourage and facilitate participation in regional, sectional, national and international figure skating competitions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$490,764$506,658▲ $15,894
Cash and Non-Interest-Bearing Accounts$6,724--
Prepaid Expenses and Deferred Charges$1,159$3,240▲ $2,081
Accounts Receivable$1,518$1,182▼ $336
Land, Buildings, and Equipment, Net$118$0▼ $118
Total Assets$500,283$511,080▲ $10,797
Liabilities
Accounts Payable and Accrued Expenses$1,514$1,933▲ $419
Deferred Revenue$1,319--
Total Liabilities$2,833$1,933▼ $900
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$497,450$509,147▲ $11,697
Total Net Assets Fund Balance$497,450$509,147▲ $11,697
Total Liabilities and Net Assets / Fund Balance$500,283$511,080▲ $10,797

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$16,150$16,150
Other Securities$178,543--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lisa Anne VennePresident
Onia GelecinskjyVice President
Amy HuntAsst Secretary
Christine HillsSecretary
Gay Ann LouiselleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$233,662
Investment Income
$31,488
Other Revenue
$8,700
Change in Net Assets
$5,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$248,539
Grants and Similar Amounts Paid$20,225
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$20,225--$20,225
Other Expenses$234,518$6,364-$6,364
Depreciation Depletion-$118-$118
Total Functional Expenses$254,743$14,021$0$268,764
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northern Blades--General Operating Grantgeneral Operating Fund$3,500
Maplewood Figure Skating Club--General Operating Grantgeneral Operating Grant$2,000
Eagan Figure Skating Club--General Operating Grant$1,975
Braemar-city of Lakes Fsc--General Operating Grant$1,750
Bloomington Figure Skating Club--General Operating Grant$1,000
Burnsville Figure Skating Club--General Operating Grantgeneral Operating Grant$1,000
Eden Prairie Figure Skating Club--General Operating Grant$1,000
Heritage Figure Skating Club--General Operating Grant$1,000
Lake Minnetonka Figure Skating Club--General Operating Grant$1,000
Minneapolis Figure Skating Club--General Operating Grant$1,000
Rochester Figure Skating Club--General Operating Grant$1,000
Roseville Figure Skating Club--General Operating Grantgeneral Operating Grantgeneral Operating Grant$1,000
Starlight Ice Dance--General Operating Grant$1,000
Three Rivers Figure Skating Club--General Operating Grant$1,000
Usfigure Skating Family Support--General Operating Grantgeneral Operating Grant$1,000
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is presented before filing for discussion and reviewal at the organizations annual board meeting.

Form 990, Part VI, Section C, line 19

The governing documents are presented on the organizations website.

Filing and Contact Details

Filer

Filer Name
Twin City Figure Skating Assn
EIN
23-7442086
Phone
7633607079
Address
8131 34TH AVENUE SOUTH 612, BLOOMINGTON, MN 55425

Signing Officer

Name
Gay Ann Louiselle
Title
Treasurer
Phone
7633607079
Signed
2025-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gay Ann Louiselle
Formed
1973
Legal Domicile
Mn
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Paul M Peltz Ltd
Address
5353 GAMBLE DRIVE SUITE 104, MINNEAPOLIS, MN 55416
Preparer
Paul M Peltz CPA
Phone
9525453783
Raw XML Appendix398 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.

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IRS990ScheduleI/RecipientTable/CashGrantAmt133500
IRS990ScheduleI/RecipientTable/CashGrantAmt141000
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL OPERATING GRANTGENERAL OPERATING GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL OPERATING GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL OPERATING GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL OPERATING GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5GENERAL OPERATING GRANTGENERAL OPERATING GRANT
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7GENERAL OPERATING GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8GENERAL OPERATING GRANT
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BLOOMINGTON FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ROCHESTER FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4LAKE MINNETONKA FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5MAPLEWOOD FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6ROSEVILLE FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7MINNEAPOLIS FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8EDEN PRAIRIE FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9BURNSVILLE FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10EAGAN FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11STARLIGHT ICE DANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12HERITAGE FIGURE SKATING CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13NORTHERN BLADES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14THREE RIVERS FIGURE SKATING CLUB
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED BEFORE FILING FOR DISCUSSION AND REVIEWAL AT THE ORGANIZATIONS ANNUAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS ARE PRESENTED ON THE ORGANIZATIONS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0268764
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IRS990/TotalLiabilitiesGrp/BOYAmt02833
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IRS990/TotalProgramServiceExpensesAmt0254743
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IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/WebsiteAddressTxt0HTTP://WWW.TCFSA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GAY ANN LOUISELLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07633607079
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWIN CITY FIGURE SKATING ASSN
ReturnHeader/Filer/BusinessNameControlTxt0TWIN
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ReturnHeader/Filer/USAddress/CityNm0BLOOMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411927484
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAUL M PELTZ LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05353 GAMBLE DRIVE SUITE 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055416
ReturnHeader/PreparerPersonGrp/PhoneNum09525453783
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL M PELTZ CPA
ReturnHeader/ReturnTs02025-12-12T16:44:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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