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
🔒

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
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 $262K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $240K left a modest 8% 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.

Program Service Accomplishments

Program 1
Expenses: $57,612 Revenue: $36,271

Club Sessions/Community: Weekly ice time to all members. Regular social events for all members. Club ice sessions promote and educate on the sport of figure skating in a safe environment. 15-20...

Read more

Club Sessions/Community: Weekly ice time to all members. Regular social events for all members. Club ice sessions promote and educate on the sport of figure skating in a safe environment. 15-20 skaters with 6 coaches, who provide one-to-one training. Community social events allow members from varied disciplines to gather together, building support and friendship.

Program 2
Expenses: $18,036 Revenue: $16,385

Test Sessions: Provide the opportunity for skaters to test so they may qualify to compete at US Figure Skating sanctioned events & advance their training. Includes member and non-member athletes...

Read more

Test Sessions: Provide the opportunity for skaters to test so they may qualify to compete at US Figure Skating sanctioned events & advance their training. Includes member and non-member athletes. Administered over 400 tests to over 300 skaters.

Program 3
Expenses: $113,076 Revenue: $144,833

Competitions: Host US Figure Skating sanctioned competitions for our members and non-members, giving an opportunity to compete and be evaluated on their skating program. Organized and held two...

Read more

Competitions: Host US Figure Skating sanctioned competitions for our members and non-members, giving an opportunity to compete and be evaluated on their skating program. Organized and held two competitions. The first annual Synchronized skating competition November 2023 for 10 teams of 15-20 skaters; the 12th annual Theatre on Ice and singles competition for over 400 skaters during the period ending April 30, 2024. Support skaters through grants as they advance in the US Figure Skating qualifiying structure and as they transition to a 2-year or 4-year higher education institution. This scholarship promotes continued ability to engage in figure skating during the transition from high school to college.

🔒

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 (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
🔒

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
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
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE SKATING CLUB OF NORTHERN VIRGINIA with other nonprofits in Virginia and across the country.