ROCHESTER FIGURE SKATING CLUB INC (EIN 410640044) - Form 990 Financial Analysis & Trantor Score

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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

1940

Legal Domicile

Principal Officer

SARAH GIESE

Phone

5072887536

Tax Period

2023-09-01 to 2024-08-31

ROCHESTER FIGURE SKATING CLUB INC, founded in 1940, is a small nonprofit that reported $948K in total revenue in fiscal year 2023. Expenses of $887K left a modest 6% surplus.

Mission

THE PURPOSE OF THE ROCHESTER FIGURE SKATING CLUB (RFSC) IS TO FOSTER, PROMOTE, IMPROVE, AND ENCOURAGE THE SPORT OF FIGURE SKATING AMONG YOUTH UNDER 18 YEARS OF AGE IN THE STATE OF MINNESOTA. THE RFSC WILL ENCOURAGE AND FACILIATATE YOUTH PARTICIPATION IN REGIONAL, SECTIONAL, NATIONAL AND INTERNATIONAL FIGURE SKATING COMPETITIONS. THE RFSC DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, SEX, AGE, GENDER OR NATIONAL ORIGIN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $49,365

Program Service Revenue $872,507

Investment Income $4,336

Other Revenue $21,665

TOTAL REVENUE $947,873

Expense Breakdown

Grants Paid $0

Salaries & Benefits $421,579

Fundraising Expenses $0

Program Expenses $707,824

Other Expenses $464,989

TOTAL EXPENSES $886,568

Year-over-Year Comparison

	2023	2022	Change
Revenue	$947,873	$898,951	+0.1%
Expenses	$886,568	$854,579	+0.0%
Net Income	$61,305	$44,372	+0.4%

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

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

$57,111

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH RICE	PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID COOPER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
FAWN HANGGE	TREASURER	4.00	Officer Director	$0	$0	$0
MARK O'BYRNE	DIRECTOR (FORMER PRESIDENT)	2.00	Director	$0	$0	$0
BETHANY LARSEN	SECRETARY	4.00	Officer Director	$0	$0	$0
DEBBIE MOYNAGH	DIRECTOR	2.00	Director	$0	$0	$0
MOLISSA HAGER	DIRECTOR	2.00	Director	$0	$0	$0
VALERIE PRESA	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA VANDERMARK	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER REYNOLDS	DIRECTOR	2.00	Director	$0	$0	$0
NATALIE CASPER	DIRECTOR	2.00	Director	$0	$0	$0
MAUREEN SCHEMBRI WISMAYER	FORMER CLUB DIRECTOR	32.00	Officer	$57,111	$0	$57,111
KYLE SHROPSHIRE	INTERIM CLUB DIRECTOR	40.00	Officer	$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	$947,873	$886,568	$782,126	$61,305
2023	$898,951	$854,579	$700,954	$44,372
2022	$931,298	$819,676	$657,611	$111,622
2021	$664,680	$670,270	$543,485	$-5,590
2020	$644,936	$634,122	$524,821	$10,814
2019	$882,256	$839,432	$510,368	$42,824
2018	$832,254	$812,768	$467,179	$19,486

ROCHESTER FIGURE SKATING CLUB INC