Mount Snow Ski Educational Foundation
- Assets
- $1.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 59
- Location
- West Dover, VT
- Founding
- 08/1972
- Data as of
- 06/2021
- EIN
- 03-0228080
Organization Overview
Mount Snow Ski Educational Foundation is located in West Dover, VT. The organization was established in 1972. 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, Mount Snow Ski Educational Foundation employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Snow Ski Educational Foundation 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, Mount Snow Ski Educational Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 18.8% 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
PROVIDE PROFESSIONAL TRAINING AND COACHING FOR MIDDLE AND HIGH SCHOOL AGE STUDENTS IN WINTER SPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENTS RECEIVE 5 MONTHS INTENSIVE TRAINING AND COACHING IN SKIING AND SNOWBOARDING WHILE MAINTAINING THEIR ACADEMIC EDUCATION THROUGH INDIVIDUAL TUTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Stokloza Head Of School | Officer | 40 | $115,474 |
Robert Mchugh Chairman | OfficerTrustee | 5 | $0 |
Shawn Byron Trustee | Trustee | 1 | $0 |
Jane Leonard Trustee | Trustee | 1 | $0 |
Harry Byron Trustee | Trustee | 1 | $0 |
Santiago Gilfond Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,525 |
| All other contributions, gifts, grants, and similar amounts not included above | $162,512 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,037 |
| Total Program Service Revenue | $1,143,724 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $64,249 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,834,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $116,835 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,474 |
| Compensation of current officers, directors, key employees. | $56,582 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $575,870 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,237 |
| Payroll taxes | $69,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,759 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,399 |
| Office expenses | $1,165 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,956 |
| Travel | $149,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $62,381 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,872 |
| Insurance | $124,248 |
| All other expenses | $43,292 |
| Total functional expenses | $1,751,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,513 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,800 |
| Prepaid expenses and deferred charges | $37,052 |
| Net Land, buildings, and equipment | $1,263,551 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $64 |
| Total assets | $1,320,980 |
| Accounts payable and accrued expenses | $50,249 |
| Grants payable | $0 |
| Deferred revenue | $28,405 |
| 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 | $1,317,961 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,396,615 |
| Net assets without donor restrictions | -$75,635 |
| 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 | $1,320,980 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mount Snow Ski Educational Foundation has recieved totaling $68.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Skin Cancer Foundation Inc New York, NY | $8,525,927 | $11,447,071 |
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 |
Skyliners Synchronizer Skating Team Inc Pelham, NY | $1,872,139 | $2,783,736 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Ramapo Youth Hockey Association Inc Monsey, NY | $416,965 | $2,307,032 |
Beaver Dam Winter Sports Club Inc Long Island Locust Valley, NY | $6,658,700 | $2,629,105 |
Professional Ski Instructors Albany, NY | $1,829,406 | $2,398,753 |
Mid Fairfield Youth Hockey Association Inc Port Chester, NY | $1,290,390 | $2,178,898 |
Gulls Amateur Hockey Association Jericho, NY | $477,735 | $2,164,443 |
Mount Mansfield Ski Educational Foundation Inc Stowe, VT | $2,532,717 | $2,414,692 |