The National Brotherhood Of Snowsports
- Assets
- $1.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1980
- Data as of
- 04/2023
- EIN
- 36-3058068
Organization Overview
The National Brotherhood Of Snowsports is located in Chicago, IL. The organization was established in 1980. 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. National Brotherhood Of Snowsports 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 04/2023, National Brotherhood Of Snowsports generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $1.3m during the year ending 04/2023. While expenses have increased by 27.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE WINTER SPORTS AMONG MINORITIES AND DEVELOP EDUCATIONAL PROGRAMS AMONG MINORITY CHILDREN AND PROVIDE SCHOLARSHIP FUNDS FOR POTENTIAL WINTER SPORT OLYMPIC CALIBER MINORITY ATHLETES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINTER SUMMIT IS AN EVENT SPONSORED BY THE NATIONAL BROTHERHOOD OF SNOWSPORTS, INC. THAT SERVES AS AN INSTRUCTIONAL AND RECREATIONAL VEHICLE FOR MEMBERS AND GUESTS.
OTHER PROGRAM SERVICES-TO PROMOTE WINTER SPORTS FOR MINORITY YOUTH; AND PROVIDE EDUCATIONAL PROGRAMS FOR MINORITY YOUTH.
YOUTH SCHOLARSHIPS AND GRANTS PROVIDE FUNDS TO SUPPORT YOUTH ATHLETICS IN WINTER SPORTS.
YOUTH PROGRAMS PROVIDE TRAINING AND EDUCATIONAL ACTIVITIES TO YOUTH MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henri Rivers President | OfficerTrustee | 2 | $0 |
Lee Valentine Executive VP | OfficerTrustee | 2 | $0 |
Sophia Stampley Executive Secretary | OfficerTrustee | 2 | $0 |
Sean Cottman VP East Region | Trustee | 2 | $0 |
Andrea Yowan VP Rocky Mtn Region | Trustee | 2 | $0 |
Luther Lee Director Midwest Region | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,700 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $763,225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $781,925 |
| Total Program Service Revenue | $598,734 |
| Investment income | $3,542 |
| 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 | $1,384,201 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $136,567 |
| 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 | $649 |
| 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 | $7,702 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,300 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,638 |
| All other expenses | $46,752 |
| Total functional expenses | $1,342,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,177,416 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $207,773 |
| 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 | $27,932 |
| 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 | $1,413,121 |
| Accounts payable and accrued expenses | $356,782 |
| 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 | $356,782 |
| Net assets without donor restrictions | $850,308 |
| Net assets with donor restrictions | $206,031 |
| 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 | $1,413,121 |