Skip to content
ProPublica Donate
ProPublica Donate

Potomac Speedskating Club Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Recreation, Sports, Leisure, Athletics / Amateur Sports Clubs, Leagues, N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$383k (2024)

Expenses
$355k (2024)

Total Assets
$172k (2024)

Total Liabilities
$700 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$383,087
Expenses
$354,885
Net Income
$28,202
Net Assets
$170,820
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $382,058
99.7%
Investment Income $1,029
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $171,520
Total Liabilities $700
Net Assets $170,820
Compensation
Key Employees and Officers Compensation Related Other
Victoria Groseclose (President) $0 $0 $0
Lili Cui (Vice President) $0 $0 $0
Wenlu Chen (Treasurer) $0 $0 $0
Patrick Troppe (Secretary) $0 $0 $0
Xinghua Wu (Skater Liaison) $0 $0 $0

Document Links

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$333,917
Expenses
$333,705
Net Income
$212
Net Assets
$142,618
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $333,917
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $142,642
Total Liabilities $24
Net Assets $142,618
Compensation
Key Employees and Officers Compensation Related Other
Tzu Hsien Yen (President) $0 $0 $0
John Sullivan (Vice President) $0 $0 $0
Lili Cui (Treasurer) $0 $0 $0
Joe Rillotta (Skater Liasion) $0 $0 $0
Victoria Groseclose (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$411,759
Expenses
$386,209
Net Income
$25,550
Net Assets
$142,406
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $411,759
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $142,406
Total Liabilities $0
Net Assets $142,406
Compensation
Key Employees and Officers Compensation Related Other
John Sullivan (President) $0 $0 $0
John Kim (Vice President) $0 $0 $0
Raquel Sampson (Skater Liaison) $0 $0 $0
Denny Lengkong (Secretary) $0 $0 $0
Tzu Hsien Yen (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$241,600
Expenses
$223,761
Net Income
$17,839
Net Assets
$116,856
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $241,600
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $116,856
Total Liabilities $0
Net Assets $116,856
Compensation
Key Employees and Officers Compensation Related Other
John Sullivan (President) $0 $0 $0
John Kim (Vice President) $0 $0 $0
Raquel Sampson (Skater Liaison) $0 $0 $0
Denny Lengkong (Secretary) $0 $0 $0
Tzu Hsien Yen (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$270,060
Expenses
$252,689
Net Income
$17,371
Net Assets
$99,017
Notable Sources of Revenue Percent of Total Revenue
Contributions $270,060
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $99,017
Total Liabilities $0
Net Assets $99,017
Compensation
Key Employees and Officers Compensation Related Other
John Sullivan (President) $0 $0 $0
John Kim (Vice President) $0 $0 $0
Jackie Choi (Skater Liaison) $0 $0 $0
Denny Lengkong (Secretary) $0 $0 $0
An Phan (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$243,810
Expenses
$186,846
Net Income
$56,964
Net Assets
$81,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,565
2.3%
Program Services $238,245
97.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $81,646
Total Liabilities $0
Net Assets $81,646
Compensation
Key Employees and Officers Compensation Related Other
John Sullivan (President) $0 $0 $0
John Kim (Vice President) $0 $0 $0
Jackie Choi (Skater Liaison) $0 $0 $0
Denny Lengkong (Secretary) $0 $0 $0
An Phan (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$129,931
Expenses
$117,259
Net Income
$12,672
Net Assets
$24,720
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,235
1.0%
Program Services $125,558
96.6%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $24,720
Total Liabilities $0
Net Assets $24,720

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$108,170
Expenses
$106,283
Net Income
$1,887
Net Assets
$12,048
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,669
5.2%
Program Services $98,970
91.5%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $12,048
Total Liabilities $0
Net Assets $12,048

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$83,688
Expenses
$80,127
Net Income
$3,561
Net Assets
$10,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $942
1.1%
Program Services $79,686
95.2%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $10,162
Total Liabilities $0
Net Assets $10,162

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$93,244
Expenses
$86,684
Net Income
$6,560
Net Assets
$6,600
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,521
9.1%
Program Services $81,773
87.7%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $6,600
Total Liabilities $0
Net Assets $6,600

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$191,462
Expenses
$109,470
Net Income
$81,992
Net Assets
$40
Notable Sources of Revenue Percent of Total Revenue
Contributions $82,531
43.1%
Program Services $105,760
55.2%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $40
Total Liabilities $0
Net Assets $40

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$132,515
Expenses
$140,421
Net Income
-$7,906
Net Assets
-$81,951
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,250
17.5%
Program Services $107,555
81.2%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets -$81,951
Total Liabilities $0
Net Assets -$81,951

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$145,640
Expenses
$183,480
Net Income
-$37,840
Net Assets
-$74,044
Notable Sources of Revenue Percent of Total Revenue
Contributions $717
0.5%
Program Services $131,424
90.2%
Investment Income $0
Net Fundraising $11,546
7.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1
Total Liabilities $74,045
Net Assets -$74,044

Document Links

Fiscal Year Ending March
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$100,975
Expenses
$148,096
Net Income
-$47,121
Net Assets
-$36,204
Notable Sources of Revenue Percent of Total Revenue
Contributions $682
0.7%
Program Services $99,583
98.6%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1
Total Liabilities $36,205
Net Assets -$36,204

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »