Skyliners Synchronizer Skating Team Inc
Skyliners Synchronized Skating Team Inc. maintains stable operations with no reported officer compensation, experiencing recent asset growth despite occasional net losses.
EIN: 134176216 · Pelham, NY · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $3.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $666K |
| Transparency Score | 85/100 |
Is Skyliners Synchronizer Skating Team Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Skyliners Synchronizer Skating Team Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Skyliners Synchronizer Skating Team Inc
Skyliners Synchronizer Skating Team Inc (EIN: 134176216) is a nonprofit organization based in Pelham, NY, classified under NTEE code N68. The organization reported total revenue of $3.4M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skyliners Synchronizer Skating Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Skyliners Synchronizer Skating Team Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-209,740 |
| Total Assets | $1.7M |
| Total Liabilities | $1.0M |
| Net Assets | $666K |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 60.3% |
| Months of Reserves | 6.3 months |
Financial Health Grade: C
In 2023, Skyliners Synchronizer Skating Team Inc reported a deficit of $210K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 60.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Skyliners Synchronizer Skating Team Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.5% | +14.9% | -10.4% |
| 2022 | +79.0% | +86.9% | -2.2% |
| 2021 | -42.6% | -43.5% | +99.9% |
| 2020 | +0.4% | +1.4% | -35.3% |
| 2019 | +23.3% | +21.1% | +19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
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 Skyliners Synchronizer Skating Team Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Skyliners Synchronizer Skating Team Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $210K, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.3%.
Executive Compensation Analysis
Skyliners Synchronized Skating Team Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for an organization of its size with revenues exceeding $2 million annually.
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 Skyliners Synchronizer Skating Team Inc's IRS 990 filings:
- Occasional net losses, such as $209,740 in 2023, require monitoring to ensure long-term sustainability.
Strengths
The following positive indicators were identified for Skyliners Synchronizer Skating Team Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
- Significant growth in assets from $957,817 in 2020 to $1,677,707 in 2023, demonstrating financial health.
- Long history of IRS 990 filings (13 filings), showing commitment to transparency and compliance.
- Stable and growing revenue base, exceeding $2.9 million in 2023.
Frequently Asked Questions about Skyliners Synchronizer Skating Team Inc
Is Skyliners Synchronizer Skating Team Inc a legitimate charity?
Skyliners Synchronizer Skating Team Inc (EIN: 134176216) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Skyliners Synchronizer Skating Team Inc spend its money?
Skyliners Synchronizer Skating Team Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Skyliners Synchronizer Skating Team Inc tax-deductible?
Skyliners Synchronizer Skating Team Inc is registered as a tax-exempt nonprofit (EIN: 134176216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Skyliners Synchronizer Skating Team Inc CEO make?
Skyliners Synchronizer Skating Team Inc's highest-compensated officer earns $2 annually. The organization reported $3.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Skyliners Synchronizer Skating Team Inc's spending goes to programs?
Skyliners Synchronizer Skating Team Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Skyliners Synchronizer Skating Team Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Skyliners Synchronizer Skating Team Inc is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Skyliners Synchronizer Skating Team Inc located?
Skyliners Synchronizer Skating Team Inc is headquartered in Pelham, New York and files with the IRS under EIN 134176216. It is classified under NTEE code N68.
How many years of IRS 990 filings does Skyliners Synchronizer Skating Team Inc have?
Skyliners Synchronizer Skating Team 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 $3.4M in total revenue.
Is Skyliners Synchronized Skating Team Inc. a good charity?
Based on the available data, Skyliners Synchronized Skating Team Inc. appears to be a good charity. It demonstrates financial stability, consistent growth in assets, and a strong commitment to transparency by reporting 0% officer compensation for over a decade. Its consistent filing of IRS 990s also indicates good governance.
How has the organization's financial health changed over time?
The organization has shown consistent revenue growth, from $1.6 million in 2014 to nearly $3 million in 2023. Assets have also grown significantly, from $1.2 million in 2014 to $1.6 million in 2023, with a notable jump after 2020. While there have been years with net losses (e.g., $209,740 in 2023), the overall trend indicates financial stability and growth.
What is the organization's approach to executive compensation?
Skyliners Synchronized Skating Team Inc. reports 0% officer compensation in all available IRS 990 filings. This indicates a strong commitment to directing all funds towards its mission and operational costs rather than executive salaries, which is a significant positive for transparency and efficiency.
Filing History
IRS 990 filing history for Skyliners Synchronizer Skating Team Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Skyliners Synchronizer Skating Team Inc's revenue has grown by 186.6%, moving from $1.0M to $3.0M. Total assets increased by 360.9% over the same period, from $364K to $1.7M. Total functional expenses rose by 226.1%, from $973K to $3.2M. In its most recent filing year (2023), Skyliners Synchronizer Skating Team Inc reported a deficit of $210K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $1.7M in assets (debt-to-asset ratio: 60.3%), resulting in net assets of $666K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.2M | $1.7M | $1.0M | — | View 990 |
| 2022 | $2.8M | $2.8M | $1.9M | $980K | — | View 990 |
| 2021 | $1.6M | $1.5M | $1.9M | $986K | — | View 990 |
| 2020 | $2.7M | $2.6M | $958K | $105K | — | View 990 |
| 2019 | $2.7M | $2.6M | $1.5M | $756K | — | View 990 |
| 2018 | $2.2M | $2.1M | $1.2M | $648K | — | — |
| 2017 | $1.9M | $2.0M | $1.2M | $611K | — | View 990 |
| 2016 | $1.8M | $1.8M | $1.3M | $676K | — | View 990 |
| 2015 | $1.7M | $1.7M | $1.1M | $456K | — | View 990 |
| 2014 | $1.7M | $1.5M | $1.3M | $737K | — | View 990 |
| 2013 | $1.6M | $1.4M | $911K | $515K | — | View 990 |
| 2012 | $1.4M | $1.3M | $592K | $407K | — | View 990 |
| 2011 | $1.0M | $973K | $364K | $292K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.2M, and assets of $1.7M (revenue +6.5% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.8M, and assets of $1.9M (revenue +79.0% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $1.9M (revenue -42.6% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.6M, and assets of $958K (revenue +0.4% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.6M, and assets of $1.5M (revenue +23.3% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.1M, and assets of $1.2M (revenue +12.9% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $1.2M (revenue +7.5% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $1.3M (revenue +3.5% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $1.1M (revenue +5.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.5M, and assets of $1.3M (revenue +4.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.4M, and assets of $911K (revenue +15.3% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $592K (revenue +33.0% year-over-year).
- 2011: Revenue of $1.0M, expenses of $973K, and assets of $364K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Skyliners Synchronizer Skating Team Inc:
Data Sources and Methodology
This transparency report for Skyliners Synchronizer Skating Team 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.