NORTH SHORE SKATING CLUB INC

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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

1948

Legal Domicile

Phone

7819445874

Tax Period

2024-07-01 to 2025-06-30

NORTH SHORE SKATING CLUB INC, founded in 1948, is a small nonprofit that reported $819K in total revenue in fiscal year 2024. Expenses of $789K left a modest 4% surplus.

Mission

PROMOTING AND ENHANCING THE FIGURE SKATING SKILLS OF ITS MEMBERS

Program Service Accomplishments

Program 1

Expenses: $767,546 Revenue: $827,965

PROMOTING AND ENHANCING THE FIGURE SKATING SKILLS OF ITS MEMBERS AND TO PROVIDE SUPPORT AND GUIDANCE IN THE ADVANCEMENT OF THOSE SKILLS THROUGH VARIOUS PROGRAMS, ON A NOT FOR PROFIT BASIS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $818,760

Investment Income $185

Other Revenue $0

TOTAL REVENUE $818,945

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $767,546

Other Expenses $788,587

TOTAL EXPENSES $788,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$818,945	$763,817	+0.1%
Expenses	$788,587	$776,652	+0.0%
Net Income	$30,358	$-12,835	-3.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE SOLANO	THE ORGANIZATION - 781-944-5874	20.00	Officer Director	$0	$0	$0
BARBARA PINCH	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL BUTTER	DIRECTOR	10.00	Director	$0	$0	$0
PAUL HEITHAUS	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JEN LONG	DIRECTOR	10.00	Director	$0	$0	$0
JEANE SODRE	DIRECTOR	10.00	Director	$0	$0	$0
BECKY HICE	DIRECTOR	2.00	Director	$0	$0	$0
LING CHEN	DIRECTOR	2.00	Director	$0	$0	$0
JULIE SGROI	DIRECTOR	2.00	Director	$0	$0	$0
JENN IACOPUCCI	DIRECTOR	2.00	Director	$0	$0	$0
CHERYL BARTOLONE	DIRECTOR	2.00	Director	$0	$0	$0
MARIA ELENA RUISI	SECRETARY	2.00	Officer Director	$0	$0	$0
JACKIE GAGNON	PRESIDENT	2.00	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	$818,945	$788,587	$422,534	$30,358
2024	$763,817	$776,652	$396,316	$-12,835
2023	$733,801	$751,817	$424,035	$-18,016
2022	$773,359	$646,433	$396,980	$126,926
2021	$513,161	$449,425	$395,212	$63,736
2020	$414,219	$428,588	$358,844	$-14,369
2019	$634,768	$589,416	$331,300	$45,352
2018	$589,425	$545,462	$305,876	$43,963