Quick charity verification for Figure Skating Club Of Omaha (EIN: 13289788)
Verdict: Figure Skating Club Of Omaha appears trustworthy
85/100Mission Score
$244KRevenue
$195KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $131,400 in 2014 to $240,609 in 2024.
Significant asset accumulation, growing from $37,611 in 2014 to $159,551 in 2024.
Zero reported liabilities across all filings, indicating strong financial stability.
No reported officer compensation, suggesting high efficiency and dedication of resources to programs.
Consistent operating surpluses in recent years, such as $37,390 in 2024 ($240,609 revenue - $203,219 expenses).
Spending Breakdown
How Figure Skating Club Of Omaha allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Figure Skating Club Of Omaha
Is Figure Skating Club Of Omaha a legitimate charity?
Based on AI analysis of IRS 990 filings, Figure Skating Club Of Omaha (EIN: 13289788) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Figure Skating Club Of Omaha a good charity to donate to?
Figure Skating Club Of Omaha has a Mission Score of 85/100. Revenue: $244K. Assets: $195K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Figure Skating Club Of Omaha?
The Employer Identification Number (EIN) for Figure Skating Club Of Omaha is 13289788. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Figure Skating Club Of Omaha spend its money?
Figure Skating Club Of Omaha allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Figure Skating Club Of Omaha's tax-exempt status?
You can verify Figure Skating Club Of Omaha's tax-exempt status using EIN 13289788 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Figure Skating Club Of Omaha demonstrates consistent financial growth and stability over the past decade. Their revenue has steadily increased from $131,400 in 2014 to $240,609 in 2024, with assets growing significantly from $37,611 to $159,551 in the same period. The organization consistently operates with a surplus, as seen in the 2024 filing where revenue of $240,609 exceeded expenses of $203,219. This indicates sound financial management and an ability to build reserves.
The club's spending efficiency appears strong, particularly given the absence of reported officer compensation across all filings, suggesting a volunteer-driven or very lean administrative structure. The consistent reporting of zero liabilities further underscores a healthy balance sheet and responsible financial practices. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't provided in the summary data, the overall financial health and growth trajectory are positive indicators.
Transparency is good, with a consistent filing history of 12 IRS 990 forms. The lack of officer compensation is a notable positive for a smaller organization, indicating that resources are likely directed towards its mission. The organization's financial growth without incurring debt is a strong sign of sustainability.