Vail Snow Sports Foundation
- Assets
- $1.0m
- Revenue
- $57.3k
- Investments
- $960.0k
- Employees
- 0
- Location
- Vail, CO
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 20-5261191
Organization Overview
Vail Snow Sports Foundation is located in Vail, CO. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vail Snow Sports 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 12/2022, Vail Snow Sports Foundation generated $57.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $189.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Vail Snow Sports Foundation has awarded 19 individual grants totaling $539,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel H Leever Chairman, Director | 0.5 | $0 | |
Harold Leever II Secretary, Director | 0.5 | $0 | |
Kristofer Ochs Treasurer, Director | 0.5 | $0 | |
Alexander C Leever Board Member | 0.5 | $0 | |
Julie D Leever Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $225 |
| Dividends & Interest | $32,233 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,815 |
| Capital Gain Net Income | $9,815 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $27 |
| Total Revenue | $57,300 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,443 |
| Total operating and administrative expenses | $18,519 |
| Contributions, gifts, grants paid | $170,600 |
| Total expenses and disbursements | $189,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,935 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $959,953 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,131 |
| Total assets | $1,035,019 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vail Snow Sports Foundation has awarded $170,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ATLAS SOCIETY PURPOSE: TO SUPPORT THE ATLAS SOCIETY WHICH STRIVES TO SUPPORT OBJECTIVISM TO GUIDE LIFE AND CELEBRATE THE REMARKABLE POTENTIAL AND POWER OF THE INDIVIDUAL. | $35,000 |
CARRABASSETT VALLEY ACADEMY PURPOSE: TO SUPPORT THE CARRABASSETT VALLEY ACADEMY WHICH FOSTERS FOCUSED INDIVIDUAL STUDENT-ATHLETE DEVELOPMENT BY PROVIDING THE OPTIMUM BALANCE BETWEEN OUTSTANDING COLLEGE PREPARATORY ACADEMICS, RESPONSIBLE COMMUNITY LIVING AND WORLD-CLASS ATHLETIC TRAINING IN COMPETITIVE SKIING AND SNOWBOARDING. | $34,000 |
AMERICAN TRANSPARENCY PURPOSE: TO EXPAND GOVERNMENT TRANSPARENCY BY INPUTING AND ENTERING GOVERNMENT TRANSACTIONS ON THE INTERNET. | $5,000 |
SKI & SNOWBOARD CLUB VAIL PURPOSE: TO SUPPORT ALPINE SKI RACING ATHLETES INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND TO SUPPORT ALPINE SKI RACING ATHLETES INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND INTERNATIONAL LEVEL COMPETITIONS. | $76,600 |
UNITED WAY OF GREATER WATERBURY PURPOSE: TO PROMOTE AN ENGAGED, INSPIRED COMMUNITY IN WHICH ALL PEOPLE THRIVE WITH HEALTHY LIVES, QUALITY EDUCATION, AND FINANCIAL STABILITY IN THE GREATER WATERBURY, CONNECTICUT AREA. | $20,000 |