UNITED STATES FIGURE SKATING FOUNDATION

EIN: 841558040 501(c)(3) Recreation & Sports

COLORADO SPRINGS, CO

Total Revenue
$3,827,429
Total Expenses
$5,152,875
Total Assets
$110,950,258
Net Assets
$110,950,258
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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
2000
Legal Domicile
CO
Principal Officer
J MISHA PETKEVICH
Phone
7195909777
Tax Period
2024-07-01 to 2025-06-30

UNITED STATES FIGURE SKATING FOUNDATION, founded in 2000, is a community nonprofit in the Recreation & Sports sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $5.2M exceeded revenue, resulting in a 35% operating deficit.

Mission

TO RECEIVE, HOLD, MANAGE AND INVEST FUNDS TRANSFERRED OR CONTRIBUTED TO THE FOUNDATION FOR THE BENEFIT OF THE UNITED STATES FIGURE SKATING ASSOCIATION.

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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 $0
Investment Income $3,827,429
Other Revenue $0
TOTAL REVENUE $3,827,429

Expense Breakdown

Grants Paid $4,787,912
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,807,950
Other Expenses $364,963
TOTAL EXPENSES $5,152,875

Year-over-Year Comparison

2024 2023 Change
Revenue $3,827,429 $2,842,198 +0.3%
Expenses $5,152,875 $4,899,735 +0.1%
Net Income $-1,325,446 $-2,057,537 -0.4%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL E GEORGE PRESIDENT EMERITUS 5.00
Officer Director
$0 $0 $0
J MISHA PETKEVICH PRESIDENT 5.00
Officer Director
$0 $0 $0
PAUL WYLIE SECRETARY 1.00
Officer Director
$0 $0 $0
COCO SHEAN TRUSTEE 3.00
Director
$0 $0 $0
ROBERT ANDERSON TREASURER 3.00
Officer Director
$0 $0 $0
WARREN S NAPHTAL TRUSTEE 2.00
Director
$0 $0 $0
SAMUEL AUXIER PRESIDENT, USFS 1.00
Director
$0 $0 $0
ANNE CAMMETT PAST PRESIDENT, USFS 1.00
Director
$0 $0 $0
EMILY HUGHES TRUSTEE, ATHLETIC MEMBER 1.00
Director
$0 $0 $0
AARON PARCHEM TRUSTEE, ATHLETE MEMBER 1.00
Director
$0 $0 $0
CHRISTINA GAO TRUSTEE, ATHLETE MEMBER 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 $3,827,429 $5,152,875 $110,950,258 $-1,325,446
2024 $2,842,198 $4,899,735 $103,885,418 $-2,057,537
2023 $4,489,029 $4,885,481 $98,137,062 $-396,452
2022 $4,261,089 $6,057,942 $95,566,043 $-1,796,853
2021 $10,117,675 $4,698,798 $110,158,715 $5,418,877
2020 $9,613,880 $4,772,433 $91,664,570 $4,841,447
2019 $5,589,599 $3,491,201 $86,427,054 $2,098,398
2018 $4,864,430 $3,590,757 $84,781,748 $1,273,673
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