Civic Intelligence

Elk River Figure Skating Club

EIN 41-1969199 • 501(c)3 • Elk River, MN

Profile

Make figure skating for children affordable

PO Box 639Elk River, MN 55330

www.elkriverfsc.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

48th percentile

-2.8%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

82nd percentile

42%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$91,342

Down $2,655 (-2.8%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$91,342

Up $6,669 (+7.9%) from 2024

Revenue

Up

$154,263

Up $45,249 (+42%) from 2024

Expenses

Up

$138,450

Up $33,638 (+32%) from 2024

Net Income

Up

$15,813

Up $11,611 (+276%) from 2024

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $43,248Net Assets 2011: $43,2482011Assets 2012: $46,447Liabilities 2012: $02012Assets 2013: $50,062Liabilities 2013: $02013Assets 2014: $64,401Liabilities 2014: $02014Assets 2015: $50,578Liabilities 2015: $02015Assets 2016: $53,729Net Assets 2016: $53,7292016Assets 2017: $52,558Liabilities 2017: $0Net Assets 2017: $52,5582017Assets 2018: $57,125Liabilities 2018: $02018Assets 2019: $70,730Liabilities 2019: $02019Assets 2020: $86,967Net Assets 2020: $86,9672020Assets 2021: $74,987Liabilities 2021: $1,450Net Assets 2021: $73,5372021Assets 2022: $61,851Liabilities 2022: $791Net Assets 2022: $61,0602022Assets 2023: $81,144Liabilities 2023: $673Net Assets 2023: $80,4712023Assets 2024: $93,997Liabilities 2024: $9,324Net Assets 2024: $84,6732024Assets 2025: $91,342Net Assets 2025: $91,3422025

Highlighted filing

2025

Assets$91,342
Liabilities-
Net Assets$91,342

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $78,088Expenses 2011: $72,386Net Income 2011: $5,7022011Revenue 2012: $120,034Expenses 2012: $116,835Net Income 2012: $3,1992012Revenue 2013: $121,844Expenses 2013: $118,229Net Income 2013: $3,6152013Revenue 2014: $119,813Expenses 2014: $105,474Net Income 2014: $14,3392014Revenue 2015: $29,862Expenses 2015: $43,685Net Income 2015: -$13,8232015Revenue 2016: $112,676Expenses 2016: $109,525Net Income 2016: $3,1512016Revenue 2017: $109,551Expenses 2017: $110,722Net Income 2017: -$1,1712017Revenue 2018: $95,917Expenses 2018: $91,350Net Income 2018: $4,5672018Revenue 2019: $96,795Expenses 2019: $83,190Net Income 2019: $13,6052019Revenue 2020: $66,809Expenses 2020: $50,573Net Income 2020: $16,2362020Revenue 2021: $47,672Expenses 2021: $61,103Net Income 2021: -$13,4312021Revenue 2022: $69,244Expenses 2022: $81,721Net Income 2022: -$12,4772022Revenue 2023: $101,227Expenses 2023: $81,815Net Income 2023: $19,4122023Revenue 2024: $109,014Expenses 2024: $104,812Net Income 2024: $4,2022024Revenue 2025: $154,263Expenses 2025: $138,450Net Income 2025: $15,8132025

Highlighted filing

2025

Revenue$154,263
Expenses$138,450
Net Income$15,813

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.91$0.91$1.54$1.38$0.16
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.09$0.85$1.09$1.05$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.01$0.80$1.01$0.82$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.01$0.61$0.69$0.82$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.75$0.01$0.74$0.48$0.61$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.87$0.67$0.51$0.16
2019Summary only. Only limited summary data is available for this year.$0.71$0.00$0.97$0.83$0.14
2018Summary only. Only limited summary data is available for this year.$0.57$0.00$0.96$0.91$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.00$0.53$1.10$1.11$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.54$1.13$1.10$0.03
2015Summary only. Only limited summary data is available for this year.$0.51$0.00$0.30$0.44$0.14
2014Summary only. Only limited summary data is available for this year.$0.64$0.00$1.20$1.05$0.14
2013Summary only. Only limited summary data is available for this year.$0.50$0.00$1.22$1.18$0.04
2012Summary only. Only limited summary data is available for this year.$0.46$0.00$1.20$1.17$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.43$0.78$0.72$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Jul 21, 2025
Return Version
2024v5.0
Gross Receipts
$154,263
Mission and Program Overview

Mission

Foster figure skating on ice

Foster figure skating on ice.

Program Services

DescriptionGrantsExpenses
THE ERFSC PAYS THE ELK RIVER ICE ARENA FOR ICE TIME WHICH BENEFITS ALL ERFSC MEMBERS ALONG WITH LEARN TO SKATE STUDENTS, TO IMPROVE THEIR SKATING SKILLS. THE CLUB HAD 53 MEMBERS IN 2023. THE CLUB PROVIDES CLASSES FOR SKATERS AND TESTING TO ALLOW SKATERS TO TRACK THE PROGRESS OF THEIR SKILLS.-$136,859
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARMYN LARSONPresident-$0--
MICHELLE BORUMVice Preside-$0--
MARY FOLEYSecretary-$0--
DEANN GIVENSTreasurer-$0--
JASON LOCHELERSafe Sport-$0--
JANA FOSSUMBoard Member-$0--
ANTHONY LARSONCommunicatio-$0--
ELIZABETH KOEPPBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Elk River Figure Skating Club
EIN
41-1969199
Phone
7632228635
Address
PO BOX 639, ELK RIVER, MN 55330

Signing Officer

Name
Deann Givens
Title
Treasurer
Phone
6128403483
Signed
2025-07-21
Discuss with paid preparer
Yes

Preparer

Firm
Haga Kommer Ltd
Address
221 MAIN ST NW STE C, ELK RIVER, MN 55330
Preparer
Jake Ashworth CPA
Phone
7634412006
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 394 office expenses 1,762 insurance 600 banquet 1,648 program expense 47,674 total 52,078

Form 990-ez, Part I, Line 20

To correct prior year balance -9,142

Form 990-ez, Part II, Line 24

Accounts receivable 9,324 1,070 total 9,324 1,070

Form 990-ez, Part II, Line 26

DEFERRED CREDITS 9,324 0

Form 990-ez, Part III, Line 28

The erfsc pays the elk river ice arena for ice time which benefits all erfsc members along with learn to skate students, to improve their skating skills. The club had 53 members in 2023. The club provides classes for skaters and testing to allow skaters to track the progress of their skills.

Raw XML Appendix178 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-9142
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0FOSTER FIGURE SKATING ON ICE.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ERFSC PAYS THE ELK RIVER ICE ARENA FOR ICE TIME WHICH BENEFITS ALL ERFSC MEMBERS ALONG WITH LEARN TO SKATE STUDENTS, TO IMPROVE THEIR SKATING SKILLS. THE CLUB HAD 53 MEMBERS IN 2023. THE CLUB PROVIDES CLASSES FOR SKATERS AND TESTING TO ALLOW SKATERS TO TRACK THE PROGRESS OF THEIR SKILLS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 394 OFFICE EXPENSES 1,762 INSURANCE 600 BANQUET 1,648 PROGRAM EXPENSE 47,674 TOTAL 52,078
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO CORRECT PRIOR YEAR BALANCE -9,142
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 9,324 1,070 TOTAL 9,324 1,070
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEFERRED CREDITS 9,324 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ERFSC PAYS THE ELK RIVER ICE ARENA FOR ICE TIME WHICH BENEFITS ALL ERFSC MEMBERS ALONG WITH LEARN TO SKATE STUDENTS, TO IMPROVE THEIR SKATING SKILLS. THE CLUB HAD 53 MEMBERS IN 2023. THE CLUB PROVIDES CLASSES FOR SKATERS AND TESTING TO ALLOW SKATERS TO TRACK THE PROGRESS OF THEIR SKILLS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/TaxPeriodEndDt02025-05-31
ReturnHeader/TaxYr02024

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