Skiku Inc
- Assets
- $460.9k
- Revenue
- $295.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Anchorage, AK
- Founding
- 06/2014
- Data as of
- 06/2022
- EIN
- 46-3175050
Organization Overview
Skiku Inc is located in Anchorage, AK. The organization was established in 2014. 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 06/2022, Skiku Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skiku Inc 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, Skiku Inc generated $295.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $264.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 7 years. 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
SKIKU'S MISSION IS TO PROMOTE CROSS COUNTRY AND ITS WELLNESS BENEFITS BY FACILITATING DEVELOPMENT OF LOCAL SKI PROGRAMS IN THE ALASKAN COMMUNITIES WE SERVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH YEAR, SKIKU ORGANIZES VOLUNTEER COACHING TEAMS MADE UP OF PROFESSIONAL AND ELITE CROSS-COUNTRY SKIING, RUNNING AND BIATHLON COACHES - OLYMPIANS, WORLD CUP ATHLETES, PROFESSIONAL COACHES, TOP HIGH SCHOOL SKIERS AND RECREATIONAL SKIERS - TO PROVIDE 50 HOURS OF SERVICE IN EACH OF MORE THAN 55 SCHOOLS WITH A FOCUS ON REMOTE AND ROADLESS RURAL ALASKA NATIVE VILLAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calisa Kastning Executive Di | Trustee | 40 | $78,100 |
Bradley Cruz President | OfficerTrustee | 3 | $0 |
Dawn Dinwoodie Director | Trustee | 1 | $0 |
Paul Lincoln Director | Trustee | 1 | $0 |
Valli Peterson Secretary | Trustee | 2 | $0 |
Dirk Sisson VP And Treas | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,606 |
| Related organizations | $0 |
| Government grants | $63,144 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,173 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,923 |
| Total Program Service Revenue | $37,797 |
| Investment income | $107 |
| 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 | $295,814 |
| 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 | $126,996 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,731 |
| 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 | $0 |
| Advertising and promotion | $103 |
| Office expenses | $2,051 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,135 |
| Travel | $1,602 |
| 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 | $7,879 |
| Insurance | $3,566 |
| All other expenses | $18,394 |
| Total functional expenses | $264,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,655 |
| Savings and temporary cash investments | $263,930 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $33,608 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $756 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $460,949 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,735 |
| Total liabilities | $3,735 |
| Net assets without donor restrictions | $457,214 |
| 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 | $460,949 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Skiku Inc has recieved totaling $28,150.
| Awarding Organization | Amount |
|---|---|
Rasmuson Foundation Anchorage, AK PURPOSE: TECHNOLOGY AND SKI EQUIPMENT UPGRADES STATEWIDE | $15,000 |
Alaska Community Foundation Anchorage, AK | | $8,150 |
Richard L & Diane M Block Foundation Tr Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anchorage Hockey Association Ltd Anchorage, AK | $283,456 | $2,044,014 |
Puget Sound Amateur Icesports Association Tacoma, WA | $12,226 | $1,608,298 |
Washington Ice Skating Association Mountlake Terrace, WA | $5,256,534 | $957,514 |
Anchorage Ski Club Inc Anchorage, AK | $1,107,051 | $1,152,538 |
Alyeska Ski Club Inc Girdwood, AK | $1,171,214 | $1,188,304 |
Hatcher Alpine Xperience Palmer, AK | $1,534,215 | $689,888 |
Far West Ski Association Battle Ground, WA | $779,277 | $801,282 |
South Anchorage Hockey Association Anchorage, AK | $567,628 | $814,114 |
Kenai Peninsula Hockey Association Kenai, AK | $0 | $755,270 |
Loup Loup Ski Education Foundation Twisp, WA | $1,907,652 | $1,382,710 |
Leavenworth Winter Sports Club Leavenworth, WA | $1,127,970 | $1,012,627 |
Mustang Hockey Association Eagle River, AK | $173,386 | $645,541 |