Big Sky Ski Education Foundation is located in Big Sky, MT. The organization was established in 1993. According to its NTEE Classification (N02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Big Sky Ski Education Foundation employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Sky Ski 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, Big Sky Ski Education Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 17.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BIG SKY SKI EDUCATION FOUNDATION OFFERS COMPETITIVE ALPINE, FREERIDE, AND NORDIC SKIING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL RACING PROGRAMS ARE HELD FOR THE EDUCATION, TRAINING AND SPORT ENHANCEMENT OF THE INDIVIDUAL AND FOR THE TEAM QUALITY OF THE SPORT OF SKIING. WE HAVE APPROX 165 PARTICIPANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeremy Ueland Officer | Officer | 40 | $66,100 |
Chris Torsleff Treasurer | OfficerTrustee | 1 | $0 |
Alex Hassman President | OfficerTrustee | 1 | $0 |
Shea Unger Vice President | OfficerTrustee | 1 | $0 |
Erin Arends Director | Trustee | 1 | $0 |
Jason Mittlstaedt Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $127,647 |
All other contributions, gifts, grants, and similar amounts not included above | $278,986 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $406,633 |
Total Program Service Revenue | $958,542 |
Investment income | $81 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $7,700 |
Net Income from Fundraising Events | $101,509 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$5,434 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,469,031 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $45,465 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $66,100 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $418,546 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $47,089 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,053 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,617 |
Advertising and promotion | $1,099 |
Office expenses | $2,398 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,185 |
Travel | $14,386 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,824 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $31,736 |
Insurance | $102,444 |
All other expenses | $50,236 |
Total functional expenses | $1,142,059 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $58,578 |
Savings and temporary cash investments | $329,521 |
Pledges and grants receivable | $50,000 |
Accounts receivable, net | $77,791 |
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 | $241,622 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $255,726 |
Total assets | $1,013,238 |
Accounts payable and accrued expenses | $15,980 |
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 | $60,483 |
Other liabilities | -$6,518 |
Total liabilities | $69,945 |
Net assets without donor restrictions | $928,293 |
Net assets with donor restrictions | $15,000 |
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 | $1,013,238 |
Over the last fiscal year, we have identified 1 grants that Big Sky Ski Education Foundation has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Moonlight Community Foundation Big Sky, MT PURPOSE: BSSEF SCHOLARSHIP FUND TO PROVIDE VALUABLE PROGRAMS TO LOCAL YOUTH. | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
United States Figure Skating Association Colorado Springs, CO | $17,642,833 | $19,148,082 |
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
National Strength And Conditioning Association Colorado Springs, CO | $12,602,361 | $15,722,009 |
United States Ski Team Foundation Park City, UT | $9,262,092 | $17,246,819 |
Usa Hockey Foundation Colorado Springs, CO | $49,949,218 | $18,128,256 |
Brewers Association Inc Boulder, CO | $36,725,546 | $18,925,110 |
Bogus Basin Recreational Association Inc Boise, ID | $46,317,887 | $20,708,902 |
Interlachen Country Club Edina, MN | $38,666,862 | $19,906,229 |
National Sports Center Foundation Blaine, MN | $27,150,165 | $17,022,739 |
Cherry Hills Country Club Englewood, CO | $65,318,672 | $17,559,884 |
Denver Country Club Denver, CO | $40,162,102 | $13,375,074 |
Summerlin Council Las Vegas, NV | $2,670,671 | $14,092,802 |