Border Blades Figure Skating Club
Border Blades Figure Skating Club shows consistent revenue growth and strong program focus with no executive compensation.
EIN: 204793386 · Grand Forks, ND · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $304K |
| Total Expenses | $256K |
| Program Spending | 90% |
| Net Assets | $157K |
| Transparency Score | 92/100 |
Is Border Blades Figure Skating Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Border Blades Figure Skating Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Border Blades Figure Skating Club
Border Blades Figure Skating Club (EIN: 204793386) is a nonprofit organization based in Grand Forks, ND, classified under NTEE code N68. The organization reported total revenue of $304K and total assets of $159K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Border Blades Figure Skating Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Border Blades Figure Skating Club is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $271K |
| Total Expenses | $256K |
| Surplus / Deficit | +$14K |
| Total Assets | $157K |
| Total Liabilities | $193 |
| Net Assets | $157K |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Border Blades Figure Skating Club reported a surplus of $14K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Border Blades Figure Skating Club's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +12.9% | +6.4% |
| 2022 | +32.3% | +21.3% | +17.1% |
| 2021 | -6.4% | -6.7% | +3.7% |
| 2020 | -3.2% | +14.2% | -1.6% |
| 2019 | +32.1% | +17.9% | +36.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Border Blades Figure Skating Club with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Border Blades Figure Skating Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is a positive sign for resource allocation directly to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Border Blades Figure Skating Club's IRS 990 filings:
- None identified based on provided financial data.
Strengths
The following positive indicators were identified for Border Blades Figure Skating Club:
- Consistent revenue growth (from $68,259 in 2014 to $270,775 in 2023).
- Strong asset growth (from $53,827 in 2014 to $157,135 in 2023).
- 0% officer compensation, indicating high program efficiency.
- Consistent positive net income, demonstrating sound financial management.
- Regular and transparent IRS 990 filings.
Frequently Asked Questions about Border Blades Figure Skating Club
Is Border Blades Figure Skating Club a legitimate charity?
Border Blades Figure Skating Club (EIN: 204793386) is a registered tax-exempt nonprofit based in North Dakota. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $304K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Border Blades Figure Skating Club spend its money?
Border Blades Figure Skating Club directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Border Blades Figure Skating Club tax-deductible?
Border Blades Figure Skating Club is registered as a tax-exempt nonprofit (EIN: 204793386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Border Blades Figure Skating Club's spending goes to programs?
Border Blades Figure Skating Club directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Border Blades Figure Skating Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Border Blades Figure Skating Club is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Border Blades Figure Skating Club located?
Border Blades Figure Skating Club is headquartered in Grand Forks, North Dakota and files with the IRS under EIN 204793386. It is classified under NTEE code N68.
How many years of IRS 990 filings does Border Blades Figure Skating Club have?
Border Blades Figure Skating Club has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $304K in total revenue.
Is Border Blades Figure Skating Club a good charity?
Based on the available financial data, Border Blades Figure Skating Club appears to be a very good charity. It demonstrates consistent financial growth, strong program spending (no officer compensation), and good transparency through its regular IRS 990 filings.
How has the organization's revenue changed over time?
The organization has shown significant revenue growth, increasing from $68,259 in 2014 to $270,775 in 2023, representing a substantial increase over the decade.
What is the trend in the organization's assets?
Assets have consistently grown, from $53,827 in 2014 to $157,135 in 2023, indicating increasing financial stability and capacity.
Filing History
IRS 990 filing history for Border Blades Figure Skating Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Border Blades Figure Skating Club's revenue has grown by 155.2%, moving from $106K to $271K. Total assets increased by 175.4% over the same period, from $57K to $157K. Total functional expenses rose by 162.1%, from $98K to $256K. In its most recent filing year (2023), Border Blades Figure Skating Club reported a surplus of $14K, with revenue exceeding expenses. The organization holds $193 in liabilities against $157K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $157K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $271K | $256K | $157K | $193 | — | View 990 |
| 2022 | $249K | $227K | $148K | $5K | — | View 990 |
| 2021 | $188K | $187K | $126K | $5K | — | View 990 |
| 2020 | $201K | $201K | $122K | $1K | — | View 990 |
| 2019 | $207K | $176K | $124K | $3K | — | View 990 |
| 2018 | $157K | $149K | $91K | $2K | — | View 990 |
| 2017 | $133K | $115K | $91K | $11K | — | View 990 |
| 2016 | $111K | $105K | $64K | $2K | — | View 990 |
| 2015 | $95K | $81K | $62K | $5K | — | View 990 |
| 2014 | $68K | $74K | $54K | $11K | — | View 990 |
| 2013 | $78K | $85K | $71K | $22K | — | View 990 |
| 2012 | $106K | $98K | $57K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $271K, expenses of $256K, and assets of $157K (revenue +8.9% year-over-year).
- 2022: Revenue of $249K, expenses of $227K, and assets of $148K (revenue +32.3% year-over-year).
- 2021: Revenue of $188K, expenses of $187K, and assets of $126K (revenue -6.4% year-over-year).
- 2020: Revenue of $201K, expenses of $201K, and assets of $122K (revenue -3.2% year-over-year).
- 2019: Revenue of $207K, expenses of $176K, and assets of $124K (revenue +32.1% year-over-year).
- 2018: Revenue of $157K, expenses of $149K, and assets of $91K (revenue +17.9% year-over-year).
- 2017: Revenue of $133K, expenses of $115K, and assets of $91K (revenue +20.2% year-over-year).
- 2016: Revenue of $111K, expenses of $105K, and assets of $64K (revenue +17.1% year-over-year).
- 2015: Revenue of $95K, expenses of $81K, and assets of $62K (revenue +38.6% year-over-year).
- 2014: Revenue of $68K, expenses of $74K, and assets of $54K (revenue -11.9% year-over-year).
- 2013: Revenue of $78K, expenses of $85K, and assets of $71K (revenue -27.0% year-over-year).
- 2012: Revenue of $106K, expenses of $98K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Border Blades Figure Skating Club:
Data Sources and Methodology
This transparency report for Border Blades Figure Skating Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.