Iceliners Synchronized Skating

EIN: 821138974 501(c)(3) Recreation & Sports

West Chester, PA

Total Revenue
$322,779
Total Expenses
$338,068
Total Assets
$55,711
Net Assets
$55,711
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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
2017
Legal Domicile
PA
Principal Officer
CHRISTINA MCHUTCHISON
Phone
6108833121
Tax Period
2024-04-01 to 2025-03-31

Iceliners Synchronized Skating, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $323K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

PROVIDE SYNCHRONIZED SKATING INSTRUCTION, TRAINING, AND ICE TIME FOR BEGINNER THROUGH ADVANCED SKATERS (APPROXIMATELY 100 SKATERS REPRESENTING 6 LINES) WHO ATTEND COMPETITIONS AND EXHIBITIONS, WITH THE GOAL OF QUALIFYING FOR THE U.S. SYNCHRONIZED SKATING.

Program Service Accomplishments

Program 1
Expenses: $306,966

PROVIDE SYNCHRONIZED SKATING INSTRUCTION, TRAINING AND ICE TIME FOR BEGINNER THROUGH ADVANCED SKATERS (APPROXIMATELY 100 SKATERS REPRESENTING 6 LINES) WHO ATTEND COMPETITIONS AND EXHIBITIONS, WITH...

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PROVIDE SYNCHRONIZED SKATING INSTRUCTION, TRAINING AND ICE TIME FOR BEGINNER THROUGH ADVANCED SKATERS (APPROXIMATELY 100 SKATERS REPRESENTING 6 LINES) WHO ATTEND COMPETITIONS AND EXHIBITIONS, WITH THE GOAL OF QUALIFYING FOR THE U.S SYNCHRONIZED SKATING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $316,468
Investment Income $0
Other Revenue $6,311
TOTAL REVENUE $322,779

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,441
Fundraising Expenses $1,250
Program Expenses $306,966
Other Expenses $279,627
TOTAL EXPENSES $338,068

Year-over-Year Comparison

2024 2023 Change
Revenue $322,779 $348,420 -0.1%
Expenses $338,068 $346,102 0.0%
Net Income $-15,289 $2,318 -7.6%
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
6
Independent Members
5
Employees
N/A
Volunteers
15

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
3
$33,461
Total Directors
3
$33,461
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE BLANCHETTE SKATING DIRECTOR 0.0
Officer Director
$33,461 $0 $33,461
CHRISTINA MCHUTCHISON PRESIDENT 0.0
Officer Director
$0 $0 $0
KATIE SCHMIDT VICE PRESIDENT 0.0
Officer 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 $322,779 $338,068 $55,711 $-15,289
2024 $348,420 $346,102 $71,000 $2,318
2023 $283,298 $289,663 $68,682 $-6,365
2022 $280,009 $243,723 $75,047 $36,286
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