THE SKATING CLUB OF NORTHERN VIRGINIA

EIN: 510204562 501(c)(3) Recreation & Sports

Arlington, VA

Total Revenue
$261,558
Total Expenses
$239,542
Total Assets
$187,908
Net Assets
$187,908
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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
VA
Principal Officer
Karen Adelstein
Phone
7033285515
Tax Period
2024-05-01 to 2025-04-30

THE SKATING CLUB OF NORTHERN VIRGINIA, founded in 1975, is a small nonprofit in the Recreation & Sports sector that reported $339K in total revenue in fiscal year 2021. Revenue surged 139% from the prior year, signaling strong growth momentum. Expenses of $327K left a modest 3% surplus.

Mission

To foster the sport of figure skating at the local, national and international level by providing member services, conducting competitions and test sessions, and providing an organizational structure that supports activities, such as skating sessions, seminars, and other programs that enrich the development of competitive and recreational figure skaters in multiple disciplines. This includes, for such purposes, the awarding of scholarships to support and encourage figure skaters.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $60,288
Program Service Revenue $199,024
Investment Income $2,246
Other Revenue $0
TOTAL REVENUE $261,558

Expense Breakdown

Grants Paid $6,300
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $230,097
Other Expenses $233,242
TOTAL EXPENSES $239,542

Year-over-Year Comparison

2024 2023 Change
Revenue $261,558 $211,295 +0.2%
Expenses $239,542 $266,688 -0.1%
Net Income $22,016 $-55,393 -1.4%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
150

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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cheryl Litman Vice President 6
Officer Director
$0 $0 $0
Charles Park President 6
Officer Director
$0 $0 $0
Karen Adelstein Treasurer 6
Officer Director
$0 $0 $0
Amelia Shuster Secretary 6
Officer Director
$0 $0 $0
Thuthuy Huynh At-Large 6
Officer Director
$0 $0 $0
Melissa Mahle Board Member 6
Director
$0 $0 $0
Lynn Eisenhour Board Member 6
Director
$0 $0 $0
Vimonrat Wester Board Member 6
Director
$0 $0 $0
Jennifer Rafael Board Member 6
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 $261,558 $239,542 $187,908 $22,016
2024 $211,295 $266,688 $165,892 $-55,393
2022 $338,683 $327,176 $182,443 $11,507
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