Line Creek Figure Skating Club Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE FIGURE SKATING EDUCATION, TRAINING AND RESOURCES TO THE YOUNG FIGURE SKATERS AND PROMOTE AND RECOGNIZE EXCELLENCE IN YOUNG FIGURE SKATERS
- Income
- $289,700
- Spending
- $280,776
- Spent on programs
- 98%
- Reserves
- 1.2 months of spending
- Largest source of income
- fees for its services, 82%
- Employees
- 0
- Volunteers
- 75
- Highest pay
- $4,087, club skate director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 43% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 16 out of 100. Higher than 0% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
0 of 250 of 0 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $237,538 spent. THE TEAM SKATERS AT ALL LEVELS PARTICPATE IN COMPETITIONS AND TESTING AT VARIOUS LEVELS WE HAD MULTIPLE MEDALISTS AT EVERY LEVEL WE PROVIDED TESTING OPPROTUNITIES FOR OUR SKATERS TO ADVANCE LEVELS THROUGH OUR TRAINING AND ICE TIME TO PRACTICE
- $20,444 spent. WE HIRE AND RETAIN QULIFIED COACHES TO WORK WITH OUR SKATERS TO GIVE THEM THE BEST INSTRUCTION POSSIBLE TO GO OUT AND COMPETE AND ADVANCE WITH SUCCESS.
- $11,198 spent. WE ARE MEMBERS OF THE VARIOUS ICE SKATING ORGANIZATIONS THAT BOTH TEST OUR SKATERS AND THEN ALLOW THEM TO COMPETE IN THEIR COMPETITIONS THAT OUR RECOGNIZED IN THE ICE SKATING WORLD OF COMPETITIONS TO ADVANCE IN THE SPORT TO THE HIGHEST LEVELS WE ALSO HOST VARIOUS TESTING OPPROTUNITIES FOR THE SKATERS TO ADVANCE AND ARE REQUIRED TO HAVE THE PROPER CREDENTIALS AN AS WELL AS BEING A MEMBER IN THESE RECOGNIZED ORGANIZATIONS
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.