NEW ENGLAND AMATEUR SKATING FOUNDATION INC

EIN: 223018121 501(c)(3)

PROVIDENCE, RI

Total Revenue
$281,792
Total Expenses
$318,614
Total Assets
$526,055
Net Assets
$526,055
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
RI
Principal Officer
CAROL ANNE BENNETT
Phone
4018617835
Tax Period
2023-01-01 to 2023-12-31

NEW ENGLAND AMATEUR SKATING FOUNDATION INC, founded in 1989, is a small nonprofit that reported $282K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $319K exceeded revenue, resulting in a 13% operating deficit.

Mission

PROMOTE REGIONAL, NATIONAL AND INTERNATIONAL SPORTS COMPETITION, SPECIFICALLY COMPETITIVE FIGURE SKATING.

Program Service Accomplishments

Program 1
Expenses: $298,692

THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE FOR 89 COMPETITIVE FIGURE SKATERS BY PAYING EXPENSES RELATED TO TRAINING AND COMPETITION, INCLUDING LESSONS, EQUIPMENT, ENTRANCE FEES, COSTUMES AND...

Read more

THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE FOR 89 COMPETITIVE FIGURE SKATERS BY PAYING EXPENSES RELATED TO TRAINING AND COMPETITION, INCLUDING LESSONS, EQUIPMENT, ENTRANCE FEES, COSTUMES AND TRAVEL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $262,073
Program Service Revenue $0
Investment Income $19,719
Other Revenue $0
TOTAL REVENUE $281,792

Expense Breakdown

Grants Paid $298,692
Salaries & Benefits $10,773
Fundraising Expenses $0
Program Expenses $298,692
Other Expenses $9,149
TOTAL EXPENSES $318,614

Year-over-Year Comparison

2023 2022 Change
Revenue $281,792 $378,538 -0.3%
Expenses $318,614 $382,670 -0.2%
Net Income $-36,822 $-4,132 +7.9%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
1
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
3
$10,000
Total Directors
5
$10,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL ANNE BENNETT PRESIDENT AND TREASURER 5.00
Officer Director
$10,000 $0 $10,000
CHRISTINE TOWNSEND SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN DUNCKLEY BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID E EDMONDS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
VICTORIA DORITY BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $281,792 $318,614 $526,055 $-36,822
2022 $378,538 $382,670 $537,011 $-4,132
2021 $557,183 $607,842 $687,588 $-50,659
2020 $695,600 $628,472 $742,477 $67,128
2019 $662,454 $566,805 $602,605 $95,649
2018 $737,663 $789,331 $445,263 $-51,668
Explore More Nonprofits
→Top 100 Nonprofits in Rhode Island →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW ENGLAND AMATEUR SKATING FOUNDATION INC with other nonprofits in Rhode Island and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.