International Skating Program Inc
International Skating Program Inc. operates with minimal assets and high liabilities, raising solvency concerns.
EIN: 10598493 · Woodbridge, NJ · NTEE: N68 · Updated: 2026-03-26
| Metric | Value |
|---|---|
| Total Revenue | $536K |
| Total Expenses | $459K |
| Program Spending | 70% |
| Net Assets | $-215,615 |
| Transparency Score | 45/100 |
Search Intent Cockpit
International Skating Program Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
International Skating Program Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around International Skating Program Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $542K and expenses of $459K.
Revenue and Expenses
International Skating Program Inc reported $542K in revenue and $459K in expenses, a surplus of $83K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
45/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.
Is International Skating Program Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $321K (70%) |
Across stored filings, International Skating Program Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Category N context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Woodbridge, NJ nonprofitsCategory N in New Jersey
Human Services in New Jersey
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Keep the Investigation Moving
International Skating Program Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About International Skating Program Inc
International Skating Program Inc (EIN: 10598493) is a nonprofit organization based in Woodbridge, NJ, classified under NTEE code N68. The organization reported total revenue of $536K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Skating Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Skating Program Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $459K |
| Surplus / Deficit | +$83K |
| Total Assets | $8K |
| Total Liabilities | $223K |
| Net Assets | $-215,615 |
| Operating Margin | 15.3% |
| Debt-to-Asset Ratio | 2842.1% |
| Months of Reserves | 0.2 months |
Financial Health Grade: B
In 2023, International Skating Program Inc reported a surplus of $83K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 2842.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Skating Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.6% | +1.0% | +1217.1% |
| 2022 | +3.6% | -14.6% | -98.9% |
| 2021 | +10.4% | +12.0% | -43.4% |
| 2020 | +169.7% | +192.3% | +317.0% |
| 2019 | -75.2% | -74.3% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 International Skating Program Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, International Skating Program Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $83K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2842.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is a positive indicator of resource allocation towards the organization's mission, especially given its modest revenue levels.
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 International Skating Program Inc's IRS 990 filings:
- Extremely low asset base (e.g., $3,863 in 2023, and negative assets in 2014) indicating a lack of financial reserves.
- Consistently high liabilities (e.g., $223,478 in 2023) significantly outweighing assets, suggesting potential solvency issues.
- Expenses frequently close to or exceeding revenue, indicating thin operating margins and difficulty building reserves.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes a full efficiency assessment difficult.
Strengths
The following positive indicators were identified for International Skating Program Inc:
- Consistent reporting of 0% officer compensation, indicating that executive salaries are not a drain on resources.
- Long filing history (13 filings) suggests ongoing operations, despite financial challenges.
Frequently Asked Questions about International Skating Program Inc
Is International Skating Program Inc a legitimate charity?
International Skating Program Inc (EIN: 10598493) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $536K. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does International Skating Program Inc spend its money?
International Skating Program Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to International Skating Program Inc tax-deductible?
International Skating Program Inc is registered as a tax-exempt nonprofit (EIN: 10598493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Skating Program Inc's spending goes to programs?
International Skating Program Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does International Skating Program Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), International Skating Program Inc is near average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Skating Program Inc located?
International Skating Program Inc is headquartered in Woodbridge, New Jersey and files with the IRS under EIN 10598493. It is classified under NTEE code N68.
How many years of IRS 990 filings does International Skating Program Inc have?
International Skating Program Inc has 13 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 $536K in total revenue.
Is International Skating Program Inc. a good charity?
Based on the provided financial data, the organization faces significant financial challenges, including extremely low assets and high liabilities, which raise concerns about its long-term stability and ability to sustain its programs. While officer compensation is 0%, the overall financial health is precarious.
Why are the assets so low and liabilities so high?
The data consistently shows very low assets (e.g., $3,863 in 2023) and high liabilities (e.g., $223,478 in 2023). This indicates that the organization has minimal financial reserves and significant outstanding obligations, which could stem from operational deficits or debt financing.
How does the organization manage to operate with such low assets?
Operating with such low assets and high liabilities suggests the organization relies heavily on immediate cash flow from revenue to cover expenses. It likely has very little working capital and no significant endowment or reserves to buffer against financial shocks.
Filing History
IRS 990 filing history for International Skating Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Skating Program Inc's revenue has grown by 77.8%, moving from $305K to $542K. Total assets decreased by 72.2% over the same period, from $28K to $8K. Total functional expenses rose by 36.5%, from $337K to $459K. In its most recent filing year (2023), International Skating Program Inc reported a surplus of $83K, with revenue exceeding expenses. The organization holds $223K in liabilities against $8K in assets (debt-to-asset ratio: 2842.1%), resulting in net assets of $-215,615.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $459K | $8K | $223K | — | — |
| 2022 | $504K | $455K | $597 | $299K | — | — |
| 2021 | $486K | $533K | $56K | $404K | — | View 990 |
| 2020 | $440K | $476K | $100K | $402K | — | — |
| 2019 | $163K | $163K | $24K | $291K | — | View 990 |
| 2018 | $659K | $632K | $23K | $290K | — | View 990 |
| 2017 | $304K | $354K | $30K | $324K | — | View 990 |
| 2016 | $279K | $272K | $19K | $264K | — | View 990 |
| 2015 | $351K | $323K | $14K | $272K | — | View 990 |
| 2014 | $354K | $391K | $-14,688 | $271K | — | View 990 |
| 2013 | $346K | $344K | $11K | $260K | — | View 990 |
| 2012 | $363K | $388K | $-5,208 | $245K | — | View 990 |
| 2011 | $305K | $337K | $28K | $254K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $459K, and assets of $8K (revenue +7.6% year-over-year).
- 2022: Revenue of $504K, expenses of $455K, and assets of $597 (revenue +3.6% year-over-year).
- 2021: Revenue of $486K, expenses of $533K, and assets of $56K (revenue +10.4% year-over-year).
- 2020: Revenue of $440K, expenses of $476K, and assets of $100K (revenue +169.7% year-over-year).
- 2019: Revenue of $163K, expenses of $163K, and assets of $24K (revenue -75.2% year-over-year).
- 2018: Revenue of $659K, expenses of $632K, and assets of $23K (revenue +116.6% year-over-year).
- 2017: Revenue of $304K, expenses of $354K, and assets of $30K (revenue +9.1% year-over-year).
- 2016: Revenue of $279K, expenses of $272K, and assets of $19K (revenue -20.6% year-over-year).
- 2015: Revenue of $351K, expenses of $323K, and assets of $14K (revenue -0.7% year-over-year).
- 2014: Revenue of $354K, expenses of $391K, and assets of $-14,688 (revenue +2.3% year-over-year).
- 2013: Revenue of $346K, expenses of $344K, and assets of $11K (revenue -4.8% year-over-year).
- 2012: Revenue of $363K, expenses of $388K, and assets of $-5,208 (revenue +19.0% year-over-year).
- 2011: Revenue of $305K, expenses of $337K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Skating Program Inc:
Data Sources and Methodology
This transparency report for International Skating Program 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.