Figure Skating Club Of Omaha
Figure Skating Club Of Omaha shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 13289788 · Omaha, NE · NTEE: N50Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $244K |
| Total Expenses | $203K |
| Program Spending | 90% |
| Net Assets | $160K |
| Transparency Score | 85/100 |
Is Figure Skating Club Of Omaha Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Figure Skating Club Of Omaha directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Figure Skating Club Of Omaha
Figure Skating Club Of Omaha (EIN: 13289788) is a nonprofit organization based in Omaha, NE, classified under NTEE code N50Z. The organization reported total revenue of $244K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Figure Skating Club Of Omaha's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Figure Skating Club Of Omaha is a small nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $241K |
| Total Expenses | $203K |
| Surplus / Deficit | +$37K |
| Total Assets | $160K |
| Net Assets | $160K |
| Operating Margin | 15.5% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2024, Figure Skating Club Of Omaha reported a surplus of $37K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2024), Figure Skating Club Of Omaha's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +24.2% | +25.2% | +30.4% |
| 2023 | +2.2% | +8.0% | +34.6% |
| 2022 | +28.2% | +31.2% | +75.9% |
| 2021 | +29.8% | -2.8% | +181.3% |
| 2020 | -21.1% | -19.3% | -37.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Figure Skating Club Of Omaha 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Figure Skating Club Of Omaha allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is likely run by volunteers or has a very lean, unpaid leadership structure, which is highly efficient for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Figure Skating Club Of Omaha:
- 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).
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 legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Figure Skating Club Of Omaha spend its money?
Figure Skating Club Of Omaha directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Figure Skating Club Of Omaha tax-deductible?
Figure Skating Club Of Omaha is registered as a tax-exempt nonprofit (EIN: 13289788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Figure Skating Club Of Omaha's spending goes to programs?
Figure Skating Club Of Omaha directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Figure Skating Club Of Omaha compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Figure Skating Club Of Omaha is above average for NTEE category N50Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Figure Skating Club Of Omaha located?
Figure Skating Club Of Omaha is headquartered in Omaha, Nebraska and files with the IRS under EIN 13289788. It is classified under NTEE code N50Z.
How many years of IRS 990 filings does Figure Skating Club Of Omaha have?
Figure Skating Club Of Omaha 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 $244K in total revenue.
Is Figure Skating Club Of Omaha a good charity?
Based on the provided financial data, the Figure Skating Club Of Omaha appears to be a well-managed and financially healthy organization. They demonstrate consistent growth in revenue and assets, operate without liabilities, and report no officer compensation, suggesting a high dedication of resources to their mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over the past decade. Revenue has nearly doubled from $131,400 in 2014 to $240,609 in 2024, and assets have grown more than fourfold from $37,611 to $159,551 in the same period. They consistently operate with a surplus and zero liabilities.
What is the organization's approach to executive compensation?
The Figure Skating Club Of Omaha reports 0% officer compensation in all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong indicator of efficient resource allocation.
Filing History
IRS 990 filing history for Figure Skating Club Of Omaha showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Figure Skating Club Of Omaha's revenue has grown by 96.3%, moving from $123K to $241K. Total assets increased by 265.7% over the same period, from $44K to $160K. Total functional expenses rose by 69.7%, from $120K to $203K. In its most recent filing year (2024), Figure Skating Club Of Omaha reported a surplus of $37K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $241K | $203K | $160K | $0 | — | — |
| 2023 | $194K | $162K | $122K | $0 | — | View 990 |
| 2022 | $190K | $150K | $91K | $0 | — | View 990 |
| 2021 | $148K | $115K | $52K | $0 | — | — |
| 2020 | $114K | $118K | $18K | $0 | — | View 990 |
| 2018 | $144K | $146K | $30K | $0 | — | — |
| 2017 | $86K | $97K | $31K | $0 | — | View 990 |
| 2016 | $154K | $150K | $43K | $0 | — | View 990 |
| 2015 | $138K | $137K | $39K | $0 | — | View 990 |
| 2014 | $131K | $135K | $38K | $0 | — | View 990 |
| 2013 | $136K | $139K | $41K | $0 | — | View 990 |
| 2012 | $123K | $120K | $44K | $3 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $241K, expenses of $203K, and assets of $160K (revenue +24.2% year-over-year).
- 2023: Revenue of $194K, expenses of $162K, and assets of $122K (revenue +2.2% year-over-year).
- 2022: Revenue of $190K, expenses of $150K, and assets of $91K (revenue +28.2% year-over-year).
- 2021: Revenue of $148K, expenses of $115K, and assets of $52K (revenue +29.8% year-over-year).
- 2020: Revenue of $114K, expenses of $118K, and assets of $18K (revenue -21.1% year-over-year).
- 2018: Revenue of $144K, expenses of $146K, and assets of $30K (revenue +68.4% year-over-year).
- 2017: Revenue of $86K, expenses of $97K, and assets of $31K (revenue -44.2% year-over-year).
- 2016: Revenue of $154K, expenses of $150K, and assets of $43K (revenue +11.0% year-over-year).
- 2015: Revenue of $138K, expenses of $137K, and assets of $39K (revenue +5.3% year-over-year).
- 2014: Revenue of $131K, expenses of $135K, and assets of $38K (revenue -3.6% year-over-year).
- 2013: Revenue of $136K, expenses of $139K, and assets of $41K (revenue +11.2% year-over-year).
- 2012: Revenue of $123K, expenses of $120K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Figure Skating Club Of Omaha:
Data Sources and Methodology
This transparency report for Figure Skating Club Of Omaha 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.