King Of Prussia Ski Club Inc
- Assets
- $105.3k
- Revenue
- $523.7k
- Investments
- $0.0
- Employees
- 0
- Location
- King of Prussia, PA
- Founding
- 02/1986
- Data as of
- 04/2024
- EIN
- 22-2672219
Organization Overview
King Of Prussia Ski Club Inc is located in King of Prussia, PA. The organization was established in 1986. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King Of Prussia Ski Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 04/2024, King Of Prussia Ski Club Inc generated $523.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $549.1k during the year ending 04/2024. While expenses have increased by 30.1% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
KOPSC IS A SOCIAL AND RECREATIONAL CLUB WITH ALMOST 500 MEMBERS. THE CLUB'S MISSION IS TO PROMOTE INTEREST, ENJOYMENT, AND SKILL IN THE SPORT OF SKIING AND TO ENCOURAGE PARTICIPATION OF MEMBERS IN ORGANIZED SKI TRIPS AND SOCIAL EVENTS, AND FREE LEARN-TO SKI PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKI TRIPS: KOPSC RAN (8) SKI TRIPS WITH AN AVERAGE OF 44 PARTICIPANTS IN FY2023-24. THE CLUB ALSO PAID DEPOSITS FOR FOUR TRIPS THAT ARE SCHEDULED FOR 2025.
KOPSC HAS IN PERSON MONTHLY MEETINGS, WEEKLY IN PERSON HAPPY HOURS, BOOK REVIEWS, WINE TASTING, AND SOCIALIZING. ONLINE EVENTS AVERAGED 15 PARTICIPANTS. DURING THE SUMMER MEMBERS WERE ABLE TO GATHER FOR AN OUTDOOR BANQUET AND PICNIC AND AVERAGED 100 PARTICIPANTS.
MONTHLY MEETINGS WERE HELD IN PERSON TO INFORM MEMBERS ABOUT UPCOMING TRIPS AND ACTIVITIES. ATTENDANCE AT IN-PERSON MEETINGS AVERAGED 70 MEMBERS. THE MEETINGS WERE TO INFORM THE MEMBERSHIP ABOUT SKI TRIPS AND PROVIDE INFORMATION FOR ON-LINE SOCIAL ACTIVITIES AS WELL AS ORGANIZE CHARITY DRIVE EVENTS FOR ADAPTIVE SPORTS PROGRAMS. THE GOVERNING BOARD MEETS ON-LINE AT LEAST MONTHLY AND ADDITIONALLY WHEN NECESSARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Bunn President | Officer | 8 | $0 |
Gavin Murdoch Vice President | Officer | 6 | $0 |
Gary Hough Treasurer | Officer | 8 | $0 |
Linda Titanich Secretary | Officer | 6 | $0 |
Murray Hadley Member-At-Large | Officer | 6 | $0 |
Bettina Rommel Member-At-Large | Officer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,864 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,864 |
| Total Program Service Revenue | $507,803 |
| Investment income | $3,991 |
| 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 | $523,658 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Office expenses | $1,782 |
| Information technology | $1,012 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $6,020 |
| All other expenses | $0 |
| Total functional expenses | $549,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,227 |
| Savings and temporary cash investments | $53,111 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $105,338 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $105,338 |
| Total liabilities and net assets/fund balances | $105,338 |