Skyline Mountain Bike Team Inc
- Assets
- $41.2k
- Revenue
- $72.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-5015070
Organization Overview
Skyline Mountain Bike Team Inc is located in Salt Lake City, UT. The organization was established in 2014. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Skyline Mountain Bike Team 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 12/2023, Skyline Mountain Bike Team Inc generated $72.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $72.9k during the year ending 12/2023. While expenses have increased by 19.0% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SKYLINE MOUNTAIN BIKE TEAM IS ORGANIZED AND MAINTAINED AS PART OF THE UTAH HIGH SCHOOL CYCLING LEAGUE. THE LEAGUE OFFERS EQUAL OPPORTUNITIES TO RIDERS OF ALL LEVELS. MALE AND FEMALE RIDERS IN GRADES 9 THRU 12 ARE ELIGIBLE.OUR FOCUS IS TO PROVIDE A POSITIVE SPORTING EXPERIENCE - AN OPPORTUNITY TO ENGAGE RIDERS IN A HEALTHY LIFE LONG SPORT - MOUNTAIN BIKING.WE HOPE TO GET AS MANY KIDS AS POSSIBLE ON BIKES AND RIDING FOR FUN, FITNESS, CAMARADERIE AND COMPETITION. THROUGH OUR PRACTICE RIDES AND RACES, RIDERS ARE ENCOURAGED TO DEVELOP A LOVE AND RESPECT FOR THE OUTDOORS AND NATURE, FOSTERING RESPONSIBLE USE OF TRAILS AND WILDERNESS. WE SUPPORT THE NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION (NICA) IN THEIR 5 CORE PRINCIPLES OF EQUALITY, INCLUSIVITY, STRONG BODY, STRONG MIND AND STRONG CHARACTER. IT IS OUR GOAL TO PROVIDE A HIGH QUALITY MOUNTAIN BIKE RIDING AND RACING EXPERINECE. SKYLINE JUNIOR DEVELOPMENT TEAM OFFERS RIDING AND RACING OPPORTUNITIES FOR RIDERS IN GRADES 7 AND 8. THE JUN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik Johnson President | 0 | $0 | |
Michele Jakob Treasurer | 0 | $0 | |
Lars Johnson Board Member | 0 | $0 | |
Kory Hansen Board Member | 0 | $0 | |
Douglas Gibbons Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $71,988 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $619 |
| Printing and publications | $0 |
| Other expenses | $71,905 |
| Total operating and administrative expenses | $72,854 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $72,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,175 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $41,175 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |