GLACIER SKATE ACADEMY INC

EIN: 474330519 501(c)(3) Recreation & Sports

WHITEFISH, MT

Total Revenue
$298,562
Total Expenses
$236,926
Total Assets
$267,426
Net Assets
$245,538
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MT
Principal Officer
HARVEY HERGETT
Phone
3609516477
Tax Period
2025-01-01 to 2025-12-31

GLACIER SKATE ACADEMY INC, founded in 2015, is a small nonprofit in the Recreation & Sports sector that reported $299K in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 21% operating margin.

Mission

THE PRIMARY PURPOSE OF GLACIER SKATE ACADEMY INC IS TO EDUCATE YOUTH IN THE COMMUNITY ABOUT ICE SKATING RULES, REGULATIONS, TECHNIQUES, AND SKILLS WHILE PROMOTING HEALTH AND FITNESS AND ENCOURAGING GENERAL SPORTSMANLIKE CONDUCT AND CHARACTER DEVELOPMENT THROUGH SPORT. GLACIER SKATE ACADEMY PROVIDES A STRUCTURE FOR YOUTH TO PRACTICE AND COMPETE IN ICE SKATING COMPETITIONS. IN PROVIDING SKATING CLASSES AND EDUCATION TO SCHOOL CHILDREN AT THE END OF THE SCHOOL DAY, THE ORGANIZATION WILL DIRECTLY AND INDIRECTLY LESSEN THE BURDENS OF GOVERNMENT. THE ORGANIZATION HAS PROVIDED EDUCATIONAL SERVICES TO INFORM LOCAL YOUTH ABOUT RULES OF ICE SKATING, INDIVIDUAL AND TEAM STRATEGY, SPORTSMANSHIP AND TEAMWORK AND SKILLS AND TECHNIQUES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $46,852
Program Service Revenue $239,264
Investment Income $5,539
Other Revenue $6,907
TOTAL REVENUE $298,562

Expense Breakdown

Grants Paid $2,640
Salaries & Benefits $0
Fundraising Expenses $6,589
Program Expenses $199,754
Other Expenses $234,286
TOTAL EXPENSES $236,926

Year-over-Year Comparison

2025 2024 Change
Revenue $298,562 $227,310 +0.3%
Expenses $236,926 $196,459 +0.2%
Net Income $61,636 $30,851 +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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
35

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
4
$34,300
Total Directors
7
$34,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY HOLT PRESIDENT 2.00
Officer Director
$0 $0 $0
JENNIFER IRWIN VICE PRES & 6.00
Officer Director
$34,300 $0 $34,300
COURTNEY HOFVERBERG SECRETARY 10.00
Officer Director
$0 $0 $0
HARVEY HERGETT TREASURER 11.00
Officer Director
$0 $0 $0
APRIL LINDSEY MEMBER AT LA 1.00
Director
$0 $0 $0
APRIL SCHOTTELKORB MEMBER AT LA 1.00
Director
$0 $0 $0
ANNE HESLOP MEMBER AT LA 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
2025 $298,562 $236,926 $267,426 $61,636
2024 $227,310 $196,459 $216,727 $30,851
2023 $218,169 $187,817 $172,158 $30,352
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