Alpental-Snoqualmie Ski Foundation
- Assets
- $80.7k
- Revenue
- $541.7k
- Investments
- $0.0
- Employees
- 22
- Location
- Seattle, WA
- Founding
- 01/1975
- Data as of
- 07/2023
- EIN
- 23-7171420
Organization Overview
Alpental-Snoqualmie Ski Foundation is located in Seattle, WA. The organization was established in 1975. 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 07/2023, Alpental-Snoqualmie Ski Foundation employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpental-Snoqualmie Ski 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 07/2023, Alpental-Snoqualmie Ski Foundation generated $541.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $592.9k during the year ending 07/2023. While expenses have increased by 5.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE AND TRAIN FUTURE SKI RACING CHAMPIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM PARTICIPANTS TRAIN AND ESTABLISH A HARD-WORK ETHIC IN ORDER TO BECOME FUTURE SKI RACING CHAMPIONS. THERE ARE APPROXIMATELY 150 PARTICIPANTS IN THE PROGRAM. SOME OF THOSE WHO GRADUATED ARE NOW COMPETING AT THE COLLEGIATE LEVEL.
THE DEVELOPMENT TEAM OFFERS YOUNG SKIERS A FUN AND RELAXED OPPORTUNITY TO LEARN ABOUT SKI RACING AND COMPETITION AND TO ENHANCE THEIR ABILITIES WHILE LEARNING RACE FUNDAMENTALS. OUR UNDER-12 PROGRAM OFFERS A DEDICATED JUNIOR SKI RACING PROGRAM FOR 7-11 YEAR OLDS READY TO PURSUE THE SPORT. OUR UNDER-14 TEAM IS ONE OF THE BEST IN THE PACIFIC NORTHWEST. OUR UNDER-16 SKI RACING PROGRAM ALLOWS SERIOUS AND DEDICATED ATHLETES TO PURSUE THEIR SKI RACING AMBITIONS.
OUR CORE VALUES ARE: ATHLETE SAFETY: PROVIDE A SAFE ENVIRONMENT FOR TRAINING, RACING AND RECREATIONAL SKIING; FUN: FOSTER A LIFELONG LOVE FOR THE SPORT; PREPARATION: ENCOURAGE STRONG WORK ETHIC AND SKILL DEVELOPMENT; PERFORMANCE: EMPHASIZE ATHLETE PERFORMANCE, NOT RESULTS; TEAM WORK: INSTILL SPORTSMANSHIP AND INTEGRITY; RESPONSIBILITY: PROMOTE CITIZENSHIP ON AND OFF THE HILL; AND ACTIVE LIFESTYLES: NURTURE THE DEVELOPMENT OF THE ATHLETES BODY AND MIND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Rosen President | OfficerTrustee | 2 | $0 |
Matthew Bergerson Vice President | OfficerTrustee | 2 | $0 |
Tom Miller Vice President | OfficerTrustee | 1.5 | $0 |
Boaz Levi Treasurer | OfficerTrustee | 1.5 | $0 |
Courtney Stanton Secretary | OfficerTrustee | 1.5 | $0 |
Michael Livingston Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,721 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,721 |
| Total Program Service Revenue | $459,458 |
| 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 | $54,542 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$5,067 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $541,654 |
| 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. | $79,492 |
| Compensation of current officers, directors, key employees. | $79,492 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,665 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,762 |
| 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 | $2,638 |
| Advertising and promotion | $82 |
| Office expenses | $53,813 |
| Information technology | $1,239 |
| Royalties | $0 |
| Occupancy | $6,122 |
| Travel | $115,962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,650 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,562 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $592,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,230 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,616 |
| 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 | $37,848 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $80,694 |
| Accounts payable and accrued expenses | $17,728 |
| 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 | $23,861 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $41,589 |
| Net assets without donor restrictions | $39,105 |
| 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 | $80,694 |