Meadows Amateur Ski Racing Association
- Assets
- $254.1k
- Revenue
- $445.4k
- Investments
- $0.0
- Employees
- 52
- Location
- Hood River, OR
- Founding
- 07/1984
- Data as of
- 08/2021
- EIN
- 23-7099862
Organization Overview
Meadows Amateur Ski Racing Association, operating under the name Meadows Race Team, is located in Hood River, OR. The organization was established in 1984. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 08/2021, Meadows Race Team employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadows Race Team 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 08/2021, Meadows Race Team generated $445.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $459.8k during the year ending 08/2021. While expenses have increased by 12.5% per year over the past 7 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
TO DESIGN AND PROVIDE PROGRAMS TO SERVE THE NEEDS OF COMPETITIVE SKIER FROM AGE 6 TO COLLEGE. THE SUCCESS AND DIVERSITY OF THESE PROGRAMS WORK THROUGH THE SHARED EFFORT OF PERSONAL COACHES, PARENT VOLUNTEERS, AND COMMUNITY/CORPORATE INVOLVEMENT. WE STRIVE TO HELP INDIVIDUALS AND GROUPS TO DEVELOP THEIR LOVE OF SKIING AND REACH THEIR POTENTIAL IN WHATEVER THEY ASPIRE TO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COACHING INSTRUCTION DURING WINTER AND SPRING PROGRAMS. PRODUCTION OF RACES OR PARTICIPANTS FROM AROUND THE WESTERN UNITED STATES. COACHING INSTRUCTION DURING SUMMER AND FALL CAMPS.
COACHING INSTRUCTION DURING WINTER AND SPRING PROGRAMS. PRODUCTION OF RACES FOR PARTICIPANTS FROM AROUND THE WESTERN UNITED STATES. COACHING INSTRUCTION DURING SUMMER AND FALL CAMPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Farrell Vice Preside | OfficerTrustee | 2 | $0 |
Jeremy Inman President | OfficerTrustee | 10 | $0 |
Graham Miller Treasurer | OfficerTrustee | 5 | $0 |
Geoff Barrow Director | Trustee | 1 | $0 |
Mark Mccorkle Director | Trustee | 1 | $0 |
Kerry Brennen-Novak Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,327 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,768 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $445,433 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $251,152 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,281 |
| Payroll taxes | $24,556 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,098 |
| 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 | $6,853 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,302 |
| Travel | $1,734 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $409 |
| Interest | $221 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,740 |
| Insurance | $18,341 |
| All other expenses | $0 |
| Total functional expenses | $459,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,683 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $254,087 |
| 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 |
| Total liabilities and net assets/fund balances | $254,087 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meadows Amateur Ski Racing Association has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usa Water Polo Inc Irvine, CA | $10,254,562 | $13,515,429 |
Pine Mountain Lake Assoc Groveland, CA | $12,781,532 | $13,134,426 |
Rose Bowl Aquatics Center Pasadena, CA | $5,127,863 | $7,854,564 |
Long Beach Yacht Club Long Beach, CA | $10,813,572 | $4,722,646 |
De Anza Cupertino Aquatics San Jose, CA | $4,348,092 | $3,828,365 |
Mission Viejo Nadadores Foundation Mission Viejo, CA | $3,694,901 | $4,265,130 |
International Surfing Association Inc Cardiff, CA | $2,343,741 | $3,446,809 |
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |