American Snowsports Education Assoc Inc - Education Foundation
- Assets
- $2.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, CO
- Founding
- 12/1972
- Data as of
- 06/2022
- EIN
- 23-7191019
Organization Overview
American Snowsports Education Assoc Inc - Education Foundation is located in Lakewood, CO. The organization was established in 1972. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. American Snowsports Education Assoc Inc - Education 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 06/2022, American Snowsports Education Assoc Inc - Education Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 2.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COOPERATES WITH ASEA IN EDUCATION OF SKI AND SNOWBOARD INSTRUCTION AND COACHING.
Describe the Organization's Program Activity:
NATIONAL ACADEMY AND TEAM CLINICS- PROGRAMS DEVELOPED TO DISCUSS, DEMONSTRATE AND PRACTICE THE LATEST SKIING AND SNOWBOARDING TECHNIQUES FOR EVENTUAL TRAINING TO THE PUBLIC.
EDUCATION PROGRAMS & PROJECTS - MEETINGS, EVENTS, MATERIALS, VIDEOS, ETC. RELATED TO TEACHING SKIING AND SNOWBOARDING SKILLS AND SAFETY TO THE PUBLIC.
TEAM TRAINING - PROGRAM ESTABLISHED FOR THE ALPINE, SNOWBOARD, ADAPTIVE AND NORDIC TRAINING TEAMS WITH TEACHING CLINICS OPEN TO MEMBERS AND INTERSKI, AN INTERNATIONAL TRAINING EVENT WITH INSTRUCTORS FROM AROUND THE WORLD.
PUBLICATIONS - PUBLISHING TEACHING MANUALS TO IMPROVE INSTRUCTOR SKILLS AS RELATES TO TEACHING SKIING AND SNOWBOARDING TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eliza Kuntz Chair | OfficerTrustee | 15 | $0 |
Neil Bussiere Vice Chair | OfficerTrustee | 1 | $0 |
John May Treasurer | OfficerTrustee | 1 | $0 |
Walt Coiner Secretary | OfficerTrustee | 1 | $0 |
Nicholas Herrin CEO | Officer | 40 | $0 |
Eric Jordan Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Big Sky Resort Meeting Space | 6/29/19 | $456,754 |
National Ski Patrol Systems Inc Management | 6/29/19 | $118,584 |
Quadgraphics Inc Publications | 6/29/19 | $108,018 |
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 | $121,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,292 |
| Total Program Service Revenue | $573,151 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $106 |
| Net Rental Income | $32,192 |
| 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 | $1,127,818 |
| 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 | $233 |
| Fees for services: Accounting | $16,354 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,460 |
| Fees for services: Other | $0 |
| Advertising and promotion | $71,188 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,657 |
| Travel | $4,248 |
| 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 | $31,491 |
| Insurance | $0 |
| All other expenses | $70,829 |
| Total functional expenses | $1,351,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $347,704 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,699 |
| 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 | $8,347 |
| Net Land, buildings, and equipment | $476,883 |
| Investments—publicly traded securities | $1,208,825 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,064,458 |
| Accounts payable and accrued expenses | $46,359 |
| 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 | $5,888,153 |
| Total liabilities | $5,934,512 |
| Net assets without donor restrictions | -$3,995,417 |
| Net assets with donor restrictions | $125,363 |
| 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 | $2,064,458 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Snowsports Education Assoc Inc - Education Foundation has recieved totaling $20,460.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Utah Salt Lake City, UT PURPOSE: GENERAL SUPPORT | $10,460 |
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Strength And Conditioning Association Colorado Springs, CO | $12,602,361 | $15,722,009 |
Big Sky Conference Inc Farmington, UT | $4,422,579 | $11,081,936 |
National High School Rodeo Association Inc Denver, CO | $13,829,431 | $9,583,600 |
Rsl Youth Academy Foundation Logan, UT | $5,920,403 | $602,430 |
New Mexico Activities Association Albuquerque, NM | $3,946,140 | $4,114,248 |
Rocky Mountain Athletic Conference Colorado Springs, CO | $932,570 | $1,649,566 |
Crested Butte Nordic Council Crested Butte, CO | $2,359,345 | $2,554,393 |
American Snowsports Education Assoc Inc - Education Foundation Lakewood, CO | $2,064,458 | $1,127,818 |
Charter Athletic Association Phoenix, AZ | $231,628 | $1,291,845 |
Lake Eldora Racing Team Association Boulder, CO | $781,571 | $1,479,767 |
Rocky Mountain Regional Volleyball Association Denver, CO | $524,050 | $140,664 |
Omaha Multi-Sport Complex Omaha, NE | $13,329,983 | $3,386,122 |