CENTRAL PARK ICE INC

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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

2016

Legal Domicile

Principal Officer

Mike Singh

Tax Period

2020-05-01 to 2021-04-30

CENTRAL PARK ICE INC, founded in 2016, is a small nonprofit that reported $241K in total revenue in fiscal year 2020. Expenses of $215K left a modest 11% surplus.

Mission

At Central Park Ice, our success is built on passion, a strong work ethic, unwavering sportsmanship and teamwork. These principles are critical to achieving our goals both on and off the ice. We are driven by our love of the sport of synchronized skating and guided by our respect for our teammates, coaches, parents, and competitors. We measure success not only in medals but also in individual growth and personal achievements.

Program Service Accomplishments

Program 1

Expenses: $212,692 Revenue: $0

Central Park Ice provided skilled coaching from ten professional figure skating coaches with credentials in synchorized ice skating to 59 boys and girls ranging in age from 7 to 18 at weekly practice sessions two to three times per week. Practices included on-ice and off-ice training, conditioning and ice times and an off-site summer boot camp and one weekend intensive training.

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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 (2020)

Revenue Breakdown

Contributions & Grants $4,836

Program Service Revenue $236,512

Investment Income $0

Other Revenue $0

TOTAL REVENUE $241,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,388

Fundraising Expenses $600

Program Expenses $212,692

Other Expenses $121,012

TOTAL EXPENSES $215,400

Year-over-Year Comparison

	2020	2019	Change
Revenue	$241,348	$247,769	0.0%
Expenses	$215,400	$258,566	-0.2%
Net Income	$25,948	$-10,797	-3.4%

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

N/A

Volunteers

N/A

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

$52,905

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ashley Walker-Green	Founder-Director	40	Director	$52,905	$0	$52,905
Alex Botwin-Krell	President	10	Officer	$0	$0	$0
Michael Singh	Treasurer	10	Officer	$0	$0	$0
Brook Alpert	Director	5	Officer	$0	$0	$0
Linda Kirstenbaum	Director	2	Officer	$0	$0	$0
Eileen Clawan Butler	Director	2	Officer	$0	$0	$0
Stacy Seltzeer	Director	1	Officer	$0	$0	$0
Nancy Gallen	Director	1	Officer	$0	$0	$0
Robin Aronson	Director	1	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
2021	$241,348	$215,400	$64,760	$25,948