BOSTON 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

1996

Legal Domicile

Principal Officer

JOSEPH BLOUNT

Phone

6177825900

Tax Period

2018-07-01 to 2019-06-30

BOSTON SKATING CLUB INC, founded in 1996, is a micro nonprofit that reported $9K in total revenue in fiscal year 2018. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $28K exceeded revenue, resulting in a 215% operating deficit.

Mission

TO PROMOTE REGIONAL, NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION IN FIGURE SKATING AND SUPPORT AND DEVELOP AMATEUR FIGURE SKATERS FOR SUCH COMPETITIONS.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

TO PROMOTE REGIONAL, NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION IN FIGURE SKATING AND SUPPORT AND DEVELOP AMATEUR FIGURE SKATERS FOR SUCH COMPETITIONS. THE ORGANIZATION WAS INACTIVE DURING...

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $9,028

Other Revenue $0

TOTAL REVENUE $9,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $28,440

TOTAL EXPENSES $28,440

Year-over-Year Comparison

	2018	2017	Change
Revenue	$9,028	$7,995	+0.1%
Expenses	$28,440	$27,639	+0.0%
Net Income	$-19,412	$-19,644	0.0%

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

N/A

Volunteers

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

$209,603

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND CHANG	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MONIZ	DIRECTOR	1.00	Director	$0	$0	$0
GLORIA MINER	DIRECTOR	1.00	Director	$0	$0	$0
SUNA MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
JOANNA LLOYD	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD SHAUGHNESSY	DIRECTOR	1.00	Director	$0	$0	$0
ERIK WITKOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
AARON WHITE	DIRECTOR	1.00	Director	$0	$0	$0
JEAN WU	DIRECTOR THRU 9/5/18	1.00	Director	$0	$0	$0
KELLY REQUADT	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH GAFF	DIRECTOR A/O 12/17/18	1.00	Director	$0	$0	$0
JOSEPH BLOUNT	DIRECTOR/PRESIDENT	1.00	Officer Director	$0	$0	$0
BENJAMIN WRIGHT	DIRECTOR/CHAIRMAN	1.00	Officer Director	$0	$0	$0
GEORGE D'ARBELOFF	DIRECTOR/TREASURER	1.00	Officer Director	$0	$0	$0
ANN BUCKLEY	DIRECTOR/VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RONELLEN GAGNON	DIRECTOR/ SECRETARY	1.00	Officer Director	$0	$0	$0
DOUGLAS ZEGHIBE	EXECUTIVE DIRECTOR	1.00	Officer	$0	$7,888	$209,603

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
2019	$9,028	$28,440	$1,653,559	$-19,412
2019	$2,277	$8,556	No data	$-6,279
2018	$7,995	$27,639	$1,571,406	$-19,644