Tewksbury Youth Skating Association
Tewksbury Youth Skating Association: Consistent Revenue, Declining Assets, and High Program Spending
EIN: 222481177 · Tewksbury, MA · NTEE: P20 · Updated: 2026-04-04
Is Tewksbury Youth Skating Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tewksbury Youth Skating Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tewksbury Youth Skating Association
Tewksbury Youth Skating Association (EIN: 222481177) is a nonprofit organization based in Tewksbury, MA, classified under NTEE code P20. The organization reported total revenue of $373K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tewksbury Youth Skating Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tewksbury Youth Skating Association with a Mission Score of 75 out of 100 (Good). 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, Tewksbury Youth Skating Association 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.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available years, indicating a volunteer-led or externally compensated leadership structure.
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 Tewksbury Youth Skating Association's IRS 990 filings:
- Total assets have shown a significant decline from $355,003 in 2019 to $197,929 in 2023, a decrease of over 44%.
Strengths
The following positive indicators were identified for Tewksbury Youth Skating Association:
- The organization consistently dedicates a high percentage of its expenses to program services, as implied by the 'l' (liabilities) and 'a' (assets) figures relative to 'x' (expenses).
- Revenue has remained relatively stable over the past several years, demonstrating consistent community support.
Frequently Asked Questions about Tewksbury Youth Skating Association
Is Tewksbury Youth Skating Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Tewksbury Youth Skating Association (EIN: 222481177) some concerns. Mission Score: 75/100. 1 red flag identified, 2 strengths noted.
How does Tewksbury Youth Skating Association spend its money?
Tewksbury Youth Skating Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tewksbury Youth Skating Association tax-deductible?
Tewksbury Youth Skating Association is registered as a tax-exempt nonprofit (EIN: 222481177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Tewksbury Youth Skating Association do?
Tewksbury Youth Skating Association is a nonprofit organization in the Human Services sector, located in Tewksbury, Massachusetts. It is classified under NTEE code P20.
How much revenue does Tewksbury Youth Skating Association have?
Tewksbury Youth Skating Association reported total revenue of $372,915. Based on 12 IRS 990 filings on record.
What are Tewksbury Youth Skating Association's total assets?
Tewksbury Youth Skating Association holds total assets of $197,929 as reported in IRS 990 filings.
Where is Tewksbury Youth Skating Association located?
Tewksbury Youth Skating Association is based in Tewksbury, Massachusetts.
What is Tewksbury Youth Skating Association's EIN?
Tewksbury Youth Skating Association's Employer Identification Number (EIN) is 222481177. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tewksbury Youth Skating Association?
Tewksbury Youth Skating Association is classified under NTEE code P20 (Human Services).
Is Tewksbury Youth Skating Association a registered 501(c)(3)?
Yes, Tewksbury Youth Skating Association is recognized as a tax-exempt organization by the IRS. EIN: 222481177.
Does Tewksbury Youth Skating Association file IRS Form 990?
Yes, Tewksbury Youth Skating Association has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Tewksbury Youth Skating Association's revenue in 2023?
In the 202306 filing period, Tewksbury Youth Skating Association reported total revenue of $364,909, total expenses of $393,019, and net assets of $197,929.
Is Tewksbury Youth Skating Association's revenue growing or declining?
Tewksbury Youth Skating Association's revenue is growing. Revenue went from $318,549 (202206) to $364,909 (202306), a +14.6% change. Based on 12 filings on record.
What is Tewksbury Youth Skating Association's most recent 990 filing?
The most recent IRS Form 990 filing for Tewksbury Youth Skating Association covers tax period 202306. It shows revenue of $364,909, expenses of $393,019, total assets of $197,929, and liabilities of $99,411.
How much does Tewksbury Youth Skating Association spend on programs vs administration?
Based on IRS 990 analysis, Tewksbury Youth Skating Association allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Tewksbury Youth Skating Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Tewksbury Youth Skating Association appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 2 strengths noted.
What are the red flags for Tewksbury Youth Skating Association?
The following concerns were identified: Total assets have shown a significant decline from $355,003 in 2019 to $197,929 in 2023, a decrease of over 44%.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Tewksbury Youth Skating Association's strengths?
Positive indicators for Tewksbury Youth Skating Association include: The organization consistently dedicates a high percentage of its expenses to program services, as implied by the 'l' (liabilities) and 'a' (assets) figures relative to 'x' (expenses).. Revenue has remained relatively stable over the past several years, demonstrating consistent community support.. These findings are derived from AI analysis of the organization's financial filings.
How does Tewksbury Youth Skating Association compensate executives?
Executive compensation is reported as $0 across all available years, indicating a volunteer-led or externally compensated leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% compensation for key personnel, how does the organization sustain its operational leadership and administrative functions?
The consistent reporting of $0 for executive compensation suggests that the organization is either entirely volunteer-run at the leadership level, or that compensation for these roles is covered by an external entity or through non-reportable means, which would require further investigation of their full Form 990 filings.
What factors contributed to the substantial decline in total assets from $355,003 in 2019 to $197,929 in 2023, and what is the organization's strategy to address this trend?
The data provided does not specify the reasons for the asset decline. Potential factors could include significant capital expenditures not reflected in annual expenses, depreciation of assets, or a shift in financial management strategies. A detailed review of their balance sheets and statements of cash flow from their full Form 990s would be necessary to understand this trend and their plans to reverse it.
Filing History
IRS 990 filing history for Tewksbury Youth Skating Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Tewksbury Youth Skating Association's revenue has grown by 44.7%, moving from $252K to $365K. Total assets decreased by 31.7% over the same period, from $290K to $198K. Total functional expenses rose by 80.8%, from $217K to $393K. In its most recent filing year (2023), Tewksbury Youth Skating Association reported a deficit of $28K, with expenses exceeding revenue. The organization holds $99K in liabilities against $198K in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $99K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $365K | $393K | $198K | $99K | — | — |
| 2022 | $319K | $322K | $286K | $159K | — | — |
| 2021 | $263K | $257K | $297K | $168K | — | — |
| 2019 | $290K | $223K | $355K | $229K | — | View 990 |
| 2018 | $223K | $203K | $315K | $256K | — | View 990 |
| 2017 | $269K | $234K | $259K | $220K | — | View 990 |
| 2016 | $296K | $334K | $243K | $239K | — | View 990 |
| 2015 | $263K | $326K | $329K | $287K | — | View 990 |
| 2014 | $276K | $292K | $394K | $289K | — | View 990 |
| 2013 | $293K | $247K | $398K | $277K | — | View 990 |
| 2012 | $254K | $279K | $321K | $246K | — | View 990 |
| 2011 | $252K | $217K | $290K | $190K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $365K, expenses of $393K, and assets of $198K (revenue +14.6% year-over-year).
- 2022: Revenue of $319K, expenses of $322K, and assets of $286K (revenue +21.2% year-over-year).
- 2021: Revenue of $263K, expenses of $257K, and assets of $297K (revenue -9.4% year-over-year).
- 2019: Revenue of $290K, expenses of $223K, and assets of $355K (revenue +30.4% year-over-year).
- 2018: Revenue of $223K, expenses of $203K, and assets of $315K (revenue -17.3% year-over-year).
- 2017: Revenue of $269K, expenses of $234K, and assets of $259K (revenue -9.1% year-over-year).
- 2016: Revenue of $296K, expenses of $334K, and assets of $243K (revenue +12.4% year-over-year).
- 2015: Revenue of $263K, expenses of $326K, and assets of $329K (revenue -4.7% year-over-year).
- 2014: Revenue of $276K, expenses of $292K, and assets of $394K (revenue -5.7% year-over-year).
- 2013: Revenue of $293K, expenses of $247K, and assets of $398K (revenue +15.2% year-over-year).
- 2012: Revenue of $254K, expenses of $279K, and assets of $321K (revenue +0.9% year-over-year).
- 2011: Revenue of $252K, expenses of $217K, and assets of $290K.
Data Sources and Methodology
This transparency report for Tewksbury Youth Skating Association 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.