RED RIVER VALLEY FIGURE SKATING CL… - Form 990 Financial Data

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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

1983

Legal Domicile

Principal Officer

JEAN PASEKA

Phone

2182334980

Tax Period

2024-01-01 to 2024-12-31

RED RIVER VALLEY FIGURE SKATING CLUB, founded in 1983, is a small nonprofit in the Recreation & Sports sector that reported $203K in total revenue in fiscal year 2024.

Mission

PROVIDING SKATING INSTRUCTION, TRAINING, AND COMPETITIONS FOR AREA YOUTH IN FARGO, NORTH DAKOTA AND MOORHEAD, MINNESOTA.

Program Service Accomplishments

Program 1

Expenses: $183,642

INSTRUCTION, TRAINING, AND COMPETITIONS

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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 $196,117

Investment Income $7,086

Other Revenue $0

TOTAL REVENUE $203,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $183,642

Other Expenses $202,412

TOTAL EXPENSES $202,412

Year-over-Year Comparison

	2024	2023	Change
Revenue	$203,203	$195,876	+0.0%
Expenses	$202,412	$231,866	-0.1%
Net Income	$791	$-35,990	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN PASEKA	PRESIDENT	2.00	Officer Director	$0	$0	$0
ANDREA GREIFF	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
MICHELLE SKOBLIK	SECRETARY	2.00	Officer Director	$0	$0	$0
STACY KRABBENHOFT	TREASURER	2.00	Officer Director	$0	$0	$0
JUDY FRISCH	PAST PRESIDE	2.00	Director	$0	$0	$0
AMANDA WINZER	DIRECTOR	2.00	Director	$0	$0	$0
KRISTINA MEHUS	DIRECTOR	2.00	Director	$0	$0	$0
JEREMY ELBERT	DIRECTOR	2.00	Director	$0	$0	$0
JAMIE NOYES	DIRECTOR	2.00	Director	$0	$0	$0
LINDI REBURN	DIRECTOR	2.00	Director	$0	$0	$0
MARI WANZEK	DIRECTOR	2.00	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	$203,203	$202,412	$302,302	$791

RED RIVER VALLEY FIGURE SKATING CLUB