Sno-King Ice Sports
- Assets
- $2.0m
- Revenue
- $6.8m
- Investments
- $0.0
- Employees
- 201
- Location
- Kirkland, WA
- Founding
- 10/2014
- Data as of
- 06/2022
- EIN
- 46-2945582
Organization Overview
Sno-King Ice Sports is located in Kirkland, WA. The organization was established in 2014. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Sno-King Ice Sports employed 201 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sno-King Ice Sports is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Sno-King Ice Sports generated $6.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $6.5m during the year ending 06/2022. While expenses have increased by 13.4% 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
SNO-KING ICE SPORTS, ALSO KNOWN AS "SKIS," WAS FORMED TO CARRY OUT THE NONCHARITABLE ACTIVITIES OF AN AFFILIATED 501(C)(3) SNO-KING AMATEUR HOCKEY ASSOCIATION. SKIS PROMOTES SOCIAL WELFARE AND THE COMMMON GOOD WITHIN THE MEANING OF SECTION 501(C)(4) OF THE CODE FOR THE SPECIFIC PURPOSES OF:(1) ENCOURAGING AND PROMOTING THE GROWTH OF AMATEUR HOCKEY AND OTHER ICE ORIENTED ACTIVITIES, WHICH TEACH PHYSICAL SKILLS, FAIR PLAY, DISCIPLINE, RESPECT FOR AUTHORITY AND COMPETITIVENESS, AND(2) MAINTAINING AND OPERATING ICE ARENAS TO PROMOTE SPORTS AND OTHER ACTIVITIES ON ICE FOR CHILDREN AND OTHER RESIDENTS, INCLUDING FAMILIES OF THE COMMUNITIES IN WHICH SUCH ARENAS ARE LOCATED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SNO-KING ICE SPORTS CONTINUES TO IMPROVE THE ENVIRONMENT OF OUR RINKS, PROVIDING A CLEAN, WARM, SAFE AND INVITING ATMOSPHERE FOR OUR MEMBERS AND CUSTOMERS. WE PROVIDE BOTH PUBLIC AND PRIVATE SKATING SESSIONS, ALLOWING CUSTOMERS TO IMPROVE THEIR SKATING ABILITY, REGARDLESS OF SKILL LEVEL, FROM BEGINNERS TO COMPETITIVE FIGURE SKATERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Happy Longfellow President | OfficerTrustee | 10 | $0 |
Jim Ort Vice President | OfficerTrustee | 10 | $0 |
Patrick Sundaresan Treasurer | OfficerTrustee | 10 | $0 |
Ken Nicholson Director | Trustee | 10 | $0 |
Jarett Goodkin Director | Trustee | 10 | $0 |
Larry Mana'o Executive Director | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $717,134 |
| All other contributions, gifts, grants, and similar amounts not included above | $115 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $717,249 |
| Total Program Service Revenue | $5,895,906 |
| Investment income | $78 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $151,899 |
| 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 | $6,776,533 |
| 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. | $217,652 |
| Compensation of current officers, directors, key employees. | $37,001 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,209,776 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $219,301 |
| Payroll taxes | $207,798 |
| 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 | $217,704 |
| Advertising and promotion | $43,309 |
| Office expenses | $306,651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,426,695 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,723 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,882 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,472,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $843,772 |
| Savings and temporary cash investments | $15,485 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $835 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $49,124 |
| Prepaid expenses and deferred charges | $65,081 |
| Net Land, buildings, and equipment | $131,542 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $855,074 |
| Total assets | $1,960,913 |
| Accounts payable and accrued expenses | $173,954 |
| Grants payable | $0 |
| Deferred revenue | $523,078 |
| 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 | $722,117 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $631,481 |
| Total liabilities | $2,050,630 |
| Net assets without donor restrictions | -$89,717 |
| 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 | $1,960,913 |