Ford K Sayre Memorial Ski Council
- Assets
- $380.6k
- Revenue
- $495.5k
- Investments
- $0.0
- Employees
- 85
- Location
- Hanover, NH
- Founding
- 11/1967
- Data as of
- 06/2021
- EIN
- 02-0245359
Organization Overview
Ford K Sayre Memorial Ski Council is located in Hanover, NH. The organization was established in 1967. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Ford K Sayre Memorial Ski Council employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ford K Sayre Memorial Ski Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Ford K Sayre Memorial Ski Council generated $495.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $495.5k during the year ending 06/2021. While expenses have increased by 8.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE COUNCIL ORGANIZES SNOWSPORTS INSTRUCTION AND RACING PROGRAMS FOR OVER 500 CHILDREN IN THE UPPER VALLEY AREA OF VERMONT AND NEW HAMPSHIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORD SAYRE PROVIDED RECREATIONAL SNOWSPORTS INSTRUCTION TO APPROXIMATELY 350 SCHOOL-AGED CHILDREN THROUGH THE USE OF VOLUNTEER INSTRUCTORS AND PAID COACHES. IN ADDITION, NEARLY 200 CHILDREN PARTICIPATED IN THE ALPINE AND NORDIC RACE PROGRAMS ORGANIZED BY VOLUNTEERS AND PARENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Adams Treasurer | OfficerTrustee | 2 | $0 |
Peter Milliken Vice-Chair | OfficerTrustee | 2 | $0 |
Michael Holmes Chair | OfficerTrustee | 4 | $0 |
Liz Hackett Trustee | Trustee | 2 | $0 |
Lou Bregou Trustee | Trustee | 2 | $0 |
Peter Loescher Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,788 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,788 |
| Total Program Service Revenue | $344,907 |
| Investment income | $172 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,280 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,193 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,706 |
| Fees for services: Accounting | $12,869 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,517 |
| Advertising and promotion | $3,684 |
| Office expenses | $734 |
| Information technology | $4,000 |
| Royalties | $0 |
| Occupancy | $3,612 |
| Travel | $4,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,245 |
| Insurance | $42,539 |
| All other expenses | $6,466 |
| Total functional expenses | $495,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,124 |
| Savings and temporary cash investments | $283,098 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,888 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $49,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $995 |
| Total assets | $380,642 |
| Accounts payable and accrued expenses | $3,468 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,468 |
| Net assets without donor restrictions | $377,174 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $380,642 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Ford K Sayre Memorial Ski Council has recieved totaling $74,243.
| Awarding Organization | Amount |
|---|---|
Backcountry Charitable Trust Auston, TX PURPOSE: GENERAL | $53,237 |
Mary W Harriman Foundation Broadwayth Fl New Yor, NY PURPOSE: GENERAL SUPPORT | $10,000 |
New Hampshire Charitable Foundation Concord, NH PURPOSE: For general support and ski program | $6,000 |
Couch Family Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Vermont Association Of Snow Travelers Inc Barre, VT | $3,241,004 | $3,918,954 |
Waterville Valley Black & Blue Trail Smashers-Snowsports Edu Fdn Waterville Valley, NH | $2,567,962 | $3,711,484 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Mount Mansfield Ski Educational Foundation Inc Stowe, VT | $2,532,717 | $2,414,692 |
Mount Snow Ski Educational Foundation West Dover, VT | $1,320,980 | $1,834,810 |
Junior Railers Hockey Club Inc Worcester, MA | $424,487 | $1,444,219 |
Dorset Park Skating Association Inc South Burlington, VT | $6,321,693 | $1,908,251 |
Hockey East Amesbury, MA | $1,083,202 | $1,841,620 |
Vermont Adaptive Ski & Sports Killington, VT | $2,799,788 | $1,237,034 |
Black Mountain Of Maine Rumford, ME | $1,559,785 | $1,123,500 |
Falmouth Youth Hockey League Inc East Falmouth, MA | $7,269,311 | $1,100,190 |