THE SKATING CLUB OF BOSTON

EIN: 041839710 501(c)(3) Recreation & Sports

NORWOOD, MA

Total Revenue
$20,444,602
Total Expenses
$20,996,918
Total Assets
$61,421,435
Net Assets
$34,827,955
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
MA
Principal Officer
DEBORAH GAFF
Phone
6177825900
Tax Period
2024-07-01 to 2025-06-30

THE SKATING CLUB OF BOSTON, founded in 1912, is a mid-sized nonprofit in the Recreation & Sports sector that reported $20.4M in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum.

Mission

TO BE A LEADER IN ADVANCING PARTICIPATION, EDUCATION, AND EXCELLENCE IN SKATING FOR PEOPLE OF ALL AGES, ABILITIES, AND MEANS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $621,211
Program Service Revenue $19,332,117
Investment Income $198,027
Other Revenue $293,247
TOTAL REVENUE $20,444,602

Expense Breakdown

Grants Paid $141,754
Salaries & Benefits $4,614,665
Fundraising Expenses $0
Program Expenses $17,004,830
Other Expenses $16,240,499
TOTAL EXPENSES $20,996,918

Year-over-Year Comparison

2024 2023 Change
Revenue $20,444,602 $10,251,379 +1.0%
Expenses $20,996,918 $12,854,351 +0.6%
Net Income $-552,316 $-2,602,972 -0.8%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
10
Employees
279
Volunteers
1000

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$513,128
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS ZEGHIBE EXECUTIVE DI 45.00
Officer
$328,015 $9,613 $337,628
CHRISTINE MCMURRAY CHIEF FINANC 45.00
Officer
$175,500 $0 $175,500
MIA CORSINI BAILEY CLUB DIRECTO 45.00
Highest
$130,500 $0 $130,500
THERESA DEGIACOMO ACADEMY DIRE 45.00
Highest
$100,124 $0 $100,124
DEVENY DECK DIRECTOR 1.00
Director
$0 $0 $0
ALETA FORCIONE DIRECTOR 1.00
Director
$0 $0 $0
SHELLY MARTIN DIRECTOR 1.00
Director
$0 $0 $0
ELLIOT SCHWARTZ DIRECTOR 1.00
Director
$0 $0 $0
ANDREA SMITH DIRECTOR 1.00
Director
$0 $0 $0
DEAN STEEGER DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN TUDISCO-MARTIN DIRECTOR 1.00
Director
$0 $0 $0
ANN BUCKLEY PRESIDENT 5.00
Officer Director
$0 $0 $0
DEBORAH GAFF VICE PRESIDE 5.00
Officer Director
$0 $0 $0
GEORGE D'ARBELOFF TREASURER 5.00
Officer Director
$0 $0 $0
LAURA DAYS SECRETARY 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $20,444,602 $20,996,918 $61,421,435 $-552,316
2024 $10,251,379 $12,854,351 $64,239,065 $-2,602,972
2023 $10,463,412 $11,937,216 $63,715,417 $-1,473,804
2022 $9,306,115 $11,331,658 $66,481,446 $-2,025,543
2021 $7,906,806 $8,373,878 $69,699,987 $-467,072
2020 $6,664,233 $5,115,064 $59,133,821 $1,549,169
2019 $30,489,654 $5,584,147 $43,385,287 $24,905,507
2018 $4,810,386 $4,613,997 $15,286,871 $196,389
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