Cheshire Figure Skating Club
Cheshire Figure Skating Club sees significant revenue decline, operating on minimal assets with no officer compensation.
EIN: 20352379 · Keene, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $8K |
| Program Spending | 100% |
| Net Assets | $1 |
| Transparency Score | 85/100 |
Is Cheshire 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 →
Cheshire Figure Skating Club directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cheshire Figure Skating Club
Cheshire Figure Skating Club (EIN: 20352379) is a nonprofit organization based in Keene, NH. The organization reported total revenue of $7K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cheshire Figure Skating Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cheshire Figure Skating Club is a micro nonprofit that has been operating for 28 years, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of -37.2%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $8K |
| Surplus / Deficit | $-1,415 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -20.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2017, Cheshire Figure Skating Club reported a deficit of $1K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2012–2017), Cheshire Figure Skating Club's revenue has declined at a compound annual growth rate (CAGR) of -37.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -39.2% | -69.6% | -99.9% |
| 2016 | -79.0% | -49.3% | -91.9% |
| 2015 | -3.0% | -9.9% | +0.9% |
| 2014 | -14.6% | -10.0% | -19.4% |
| 2013 | -8.0% | +2.9% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Cheshire Figure Skating Club with a Mission Score of 85 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Cheshire Figure Skating Club allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are used for executive salaries, which is typical for very small, community-based nonprofits.
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 Cheshire Figure Skating Club's IRS 990 filings:
- Significant and consistent decline in revenue over multiple years (from $70,859 in 2012 to $6,898 in 2017)
- Expenses exceeding revenue in recent periods (e.g., $8,313 expenses vs. $6,898 revenue in 2017)
- Near-zero assets ($1 in 2017), indicating a lack of financial reserves.
Strengths
The following positive indicators were identified for Cheshire Figure Skating Club:
- 100% program spending (implied by 0% officer compensation and small scale)
- No officer compensation, indicating a volunteer-driven model and efficient use of funds for mission-related activities
- No reported liabilities, suggesting responsible financial management regarding debt.
Frequently Asked Questions about Cheshire Figure Skating Club
Is Cheshire Figure Skating Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Cheshire Figure Skating Club (EIN: 20352379) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Cheshire Figure Skating Club spend its money?
Cheshire Figure Skating Club directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cheshire Figure Skating Club tax-deductible?
Cheshire Figure Skating Club is registered as a tax-exempt nonprofit (EIN: 20352379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cheshire Figure Skating Club located?
Cheshire Figure Skating Club is headquartered in Keene, New Hampshire and files with the IRS under EIN 20352379.
How many years of IRS 990 filings does Cheshire Figure Skating Club have?
Cheshire Figure Skating Club has 6 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 $7K in total revenue.
Is Cheshire Figure Skating Club financially stable?
The organization's financial stability is questionable given its consistent decline in revenue from $70,859 in 2012 to $6,898 in 2017, and expenses exceeding revenue in recent periods (e.g., $8,313 expenses vs. $6,898 revenue in 2017). While it has minimal liabilities, the shrinking financial base suggests potential long-term sustainability challenges.
How does the club manage its expenses?
With 0% officer compensation, it appears the club manages its expenses by relying entirely on volunteers for leadership and administrative functions, directing all available funds towards its programs. This is a highly efficient model for a small organization.
What is the trend in the club's assets?
The club's assets have significantly decreased over time, from $22,863 in 2012 to just $1 in 2017, indicating a depletion of its financial reserves.
Filing History
IRS 990 filing history for Cheshire Figure Skating Club showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Cheshire Figure Skating Club's revenue has declined by 90.3%, moving from $71K to $7K. Total assets decreased by 100% over the same period, from $23K to $1. Total functional expenses fell by 87.1%, from $65K to $8K. In its most recent filing year (2017), Cheshire Figure Skating Club reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $7K | $8K | $1 | $0 | — | View 990 |
| 2016 | $11K | $27K | $1K | $0 | — | — |
| 2015 | $54K | $54K | $18K | $105 | — | View 990 |
| 2014 | $56K | $60K | $17K | $0 | — | View 990 |
| 2013 | $65K | $67K | $22K | $0 | — | View 990 |
| 2012 | $71K | $65K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $7K, expenses of $8K, and assets of $1 (revenue -39.2% year-over-year).
- 2016: Revenue of $11K, expenses of $27K, and assets of $1K (revenue -79.0% year-over-year).
- 2015: Revenue of $54K, expenses of $54K, and assets of $18K (revenue -3.0% year-over-year).
- 2014: Revenue of $56K, expenses of $60K, and assets of $17K (revenue -14.6% year-over-year).
- 2013: Revenue of $65K, expenses of $67K, and assets of $22K (revenue -8.0% year-over-year).
- 2012: Revenue of $71K, expenses of $65K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cheshire Figure Skating Club:
Data Sources and Methodology
This transparency report for Cheshire 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.