Hayden Synchronized Skating Teams Inc
EIN: 272242233 · Woburn, MA · NTEE: N70
Is Hayden Synchronized Skating Teams Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hayden Synchronized Skating Teams Inc
Hayden Synchronized Skating Teams Inc (EIN: 272242233) is a nonprofit organization based in Woburn, MA, classified under NTEE code N70. The organization reported total revenue of $2.7M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hayden Synchronized Skating Teams Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Hayden Synchronized Skating Teams Inc 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 Hayden Synchronized Skating Teams Inc 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.
Frequently Asked Questions about Hayden Synchronized Skating Teams Inc
Is Hayden Synchronized Skating Teams Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hayden Synchronized Skating Teams Inc (EIN: 272242233) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hayden Synchronized Skating Teams Inc spend its money?
Detailed spending breakdown data is not yet available for Hayden Synchronized Skating Teams Inc. Check back for updated IRS 990 analysis.
Are donations to Hayden Synchronized Skating Teams Inc tax-deductible?
Hayden Synchronized Skating Teams Inc is registered as a tax-exempt nonprofit (EIN: 272242233). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Hayden Synchronized Skating Teams Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hayden Synchronized Skating Teams Inc's revenue has grown by 249.2%, moving from $610K to $2.1M. Total assets increased by 338.6% over the same period, from $221K to $969K. Total functional expenses rose by 256.2%, from $593K to $2.1M. In its most recent filing year (2023), Hayden Synchronized Skating Teams Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $575K in liabilities against $969K in assets (debt-to-asset ratio: 59.4%), resulting in net assets of $393K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $969K | $575K | — | View 990 |
| 2022 | $1.8M | $1.6M | $868K | $490K | — | View 990 |
| 2021 | $1.2M | $1.1M | $547K | $293K | — | View 990 |
| 2020 | $1.4M | $1.5M | $463K | $309K | — | View 990 |
| 2019 | $1.4M | $1.4M | $548K | $316K | — | View 990 |
| 2018 | $1.3M | $1.4M | $518K | $271K | — | View 990 |
| 2017 | $1.3M | $1.3M | $649K | $256K | — | View 990 |
| 2016 | $1.4M | $1.4M | $630K | $265K | — | View 990 |
| 2015 | $1.3M | $1.2M | $648K | $300K | — | View 990 |
| 2014 | $1.2M | $1.2M | $555K | $269K | — | View 990 |
| 2013 | $1.2M | $1.1M | $548K | $314K | — | View 990 |
| 2012 | $960K | $949K | $241K | $91K | — | View 990 |
| 2011 | $610K | $593K | $221K | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $969K (revenue +21.1% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.6M, and assets of $868K (revenue +42.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $547K (revenue -13.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $463K (revenue +4.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $548K (revenue +8.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $518K (revenue -3.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $649K (revenue -7.0% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $630K (revenue +7.9% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $648K (revenue +6.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $555K (revenue +2.9% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $548K (revenue +24.3% year-over-year).
- 2012: Revenue of $960K, expenses of $949K, and assets of $241K (revenue +57.4% year-over-year).
- 2011: Revenue of $610K, expenses of $593K, and assets of $221K.
Data Sources and Methodology
This transparency report for Hayden Synchronized Skating Teams Inc 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.