Central Iowa Figure Skating Club
EIN: 451602852 · Des Moines, IA · NTEE: N68
| Metric | Value |
|---|---|
| Total Revenue | $66K |
| Total Expenses | $68K |
| Net Assets | $123K |
Is Central Iowa Figure Skating Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Iowa Figure Skating Club
Central Iowa Figure Skating Club (EIN: 451602852) is a nonprofit organization based in Des Moines, IA, classified under NTEE code N68. The organization reported total revenue of $66K and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Iowa Figure Skating Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Iowa Figure Skating Club is a micro nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $68K |
| Surplus / Deficit | +$3K |
| Total Assets | $123K |
| Total Liabilities | $217 |
| Net Assets | $123K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 21.7 months |
Financial Health Grade: A
In 2023, Central Iowa Figure Skating Club reported a surplus of $3K with revenue exceeding expenses, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Central Iowa Figure Skating Club's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +45.4% | +2.7% |
| 2022 | -41.1% | -18.4% | +16.3% |
| 2021 | +61.6% | +23.1% | +96.0% |
| 2020 | -14.4% | -32.6% | +62.1% |
| 2019 | +14.1% | +0.8% | +37.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Iowa Figure Skating Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Iowa Figure Skating Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Central Iowa Figure Skating Club
Is Central Iowa Figure Skating Club a legitimate charity?
Central Iowa Figure Skating Club (EIN: 451602852) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $66K. No red flags identified. Financial health grade: A.
How does Central Iowa Figure Skating Club spend its money?
Central Iowa Figure Skating Club reported $66K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central Iowa Figure Skating Club tax-deductible?
Central Iowa Figure Skating Club is registered as a tax-exempt nonprofit (EIN: 451602852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Iowa Figure Skating Club located?
Central Iowa Figure Skating Club is headquartered in Des Moines, Iowa and files with the IRS under EIN 451602852. It is classified under NTEE code N68.
How many years of IRS 990 filings does Central Iowa Figure Skating Club have?
Central Iowa 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 $66K in total revenue.
Filing History
IRS 990 filing history for Central Iowa Figure Skating Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Central Iowa Figure Skating Club's revenue has grown by 961.3%, moving from $7K to $71K. Total assets increased by 6163.3% over the same period, from $2K to $123K. Total functional expenses rose by 1338.9%, from $5K to $68K. In its most recent filing year (2023), Central Iowa Figure Skating Club reported a surplus of $3K, with revenue exceeding expenses. The organization holds $217 in liabilities against $123K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $123K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $68K | $123K | $217 | — | — |
| 2022 | $64K | $47K | $120K | $29 | — | View 990 |
| 2021 | $108K | $57K | $103K | $0 | — | — |
| 2020 | $67K | $47K | $53K | $0 | — | — |
| 2019 | $78K | $69K | $32K | $0 | — | View 990 |
| 2018 | $68K | $69K | $24K | $0 | — | View 990 |
| 2017 | $71K | $70K | $24K | $0 | — | View 990 |
| 2016 | $83K | $79K | $23K | $0 | — | View 990 |
| 2015 | $79K | $73K | $19K | $0 | — | View 990 |
| 2014 | $68K | $54K | $14K | $0 | — | View 990 |
| 2012 | $41K | $41K | $2K | $0 | — | View 990 |
| 2011 | $7K | $5K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $68K, and assets of $123K (revenue +11.8% year-over-year).
- 2022: Revenue of $64K, expenses of $47K, and assets of $120K (revenue -41.1% year-over-year).
- 2021: Revenue of $108K, expenses of $57K, and assets of $103K (revenue +61.6% year-over-year).
- 2020: Revenue of $67K, expenses of $47K, and assets of $53K (revenue -14.4% year-over-year).
- 2019: Revenue of $78K, expenses of $69K, and assets of $32K (revenue +14.1% year-over-year).
- 2018: Revenue of $68K, expenses of $69K, and assets of $24K (revenue -3.4% year-over-year).
- 2017: Revenue of $71K, expenses of $70K, and assets of $24K (revenue -14.7% year-over-year).
- 2016: Revenue of $83K, expenses of $79K, and assets of $23K (revenue +4.9% year-over-year).
- 2015: Revenue of $79K, expenses of $73K, and assets of $19K (revenue +16.9% year-over-year).
- 2014: Revenue of $68K, expenses of $54K, and assets of $14K (revenue +64.9% year-over-year).
- 2012: Revenue of $41K, expenses of $41K, and assets of $2K (revenue +513.1% year-over-year).
- 2011: Revenue of $7K, expenses of $5K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Iowa Figure Skating Club:
Data Sources and Methodology
This transparency report for Central Iowa 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.