Positive net assets and growth in assets over the decade.
Generally operates with a financial surplus, especially in recent years (e.g., 202306: $321,442 revenue vs. $277,193 expenses).
Strong transparency with 13 years of available IRS 990 filings.
Spending Breakdown
How North Atlantic Figure Skating Club allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 North Atlantic Figure Skating Club
Is North Atlantic Figure Skating Club a legitimate charity?
Based on AI analysis of IRS 990 filings, North Atlantic Figure Skating Club (EIN: 10518428) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is North Atlantic Figure Skating Club a good charity to donate to?
North Atlantic Figure Skating Club has a Mission Score of 92/100. Revenue: $390K. Assets: $264K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Atlantic Figure Skating Club?
The Employer Identification Number (EIN) for North Atlantic Figure Skating Club is 10518428. 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 North Atlantic Figure Skating Club spend its money?
North Atlantic Figure Skating Club allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Atlantic Figure Skating Club's tax-exempt status?
You can verify North Atlantic Figure Skating Club's tax-exempt status using EIN 10518428 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 North Atlantic Figure Skating Club demonstrates a generally stable financial position with consistent revenue streams over the past decade, though with some fluctuations. In the most recent filing (202306), the organization reported revenue of $321,442 against expenses of $277,193, resulting in a surplus. This positive trend is a recovery from previous years where expenses occasionally exceeded revenue, such as in 201906 ($223,178 expenses vs. $191,647 revenue). The organization's assets have shown growth, increasing from $185,988 in 201406 to $195,794 in 202306, indicating a healthy accumulation of resources. A notable strength is the consistent reporting of zero liabilities across all available filings, suggesting strong financial management and a lack of debt.
Spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation, which indicates that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards programs. The organization's NTEE code (N70 - Sports, Recreational, Hobby Clubs) aligns well with its mission, and the financial data supports a focus on program delivery. The absence of liabilities further enhances its financial stability and efficiency.
Transparency is high, as evidenced by the availability of 13 years of IRS 990 filings and the clear reporting of financial metrics. The consistent zero officer compensation is a positive indicator of resource allocation. Overall, the North Atlantic Figure Skating Club appears to be a well-managed and financially sound organization, effectively utilizing its resources to support its mission.