Vermont Adaptive Ski & Sports
- Assets
- $4.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 14
- Location
- Killington, VT
- Founding
- 03/2016
- Data as of
- 10/2023
- EIN
- 74-2472938
Organization Overview
Vermont Adaptive Ski & Sports is located in Killington, VT. The organization was established in 2016. 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 10/2023, Vermont Adaptive Ski & Sports employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Adaptive Ski & Sports 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 10/2023, Vermont Adaptive Ski & Sports generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.8m during the year ending 10/2023. While expenses have increased by 6.6% per year over the past 8 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
EMPOWERING INDIVIDUALS WITH DISABILITIES. PROMOTING INDEPENDENCE AND FURTHER EQUALITY THROUGH ACCESS AND INSTRUCTION TO SPORTS AND RECREATIONAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM TEACHES SKIING, RIDING, CANOEING, ETC. TO INDIVIDUALS WITH DISABILITIES. LAST YEAR, 21,100 VOLUNTEER HOURS WERE CONTRIBUTED BY APPROXIMATELY 428 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly C Lange President Thru 12/8/22 | OfficerTrustee | 2.5 | $0 |
Emily Cioffi Vice President, President As Of 12/8/22 | OfficerTrustee | 2.5 | $0 |
Monica Shortell Treasurer | OfficerTrustee | 2.5 | $0 |
Harry Grey Member | Trustee | 2.5 | $0 |
Timothy Maclean Vice President As Of 12/8/22 | OfficerTrustee | 2.5 | $0 |
Kevin Sheriden Member, Secretary As Of 12/8/22 | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $403,642 |
| All other contributions, gifts, grants, and similar amounts not included above | $700,398 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,104,040 |
| Total Program Service Revenue | $956,464 |
| Investment income | $0 |
| 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 | $14,231 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,076,851 |
| 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. | $167,641 |
| Compensation of current officers, directors, key employees. | $58,904 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $658,907 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,311 |
| Payroll taxes | $62,602 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,472 |
| 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 | $22,013 |
| Office expenses | $44,948 |
| Information technology | $39,103 |
| Royalties | $0 |
| Occupancy | $69,218 |
| Travel | $75,580 |
| 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 | $56,992 |
| Insurance | $0 |
| All other expenses | $55,281 |
| Total functional expenses | $1,759,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $503,706 |
| Savings and temporary cash investments | $119,272 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $12,298 |
| Net Land, buildings, and equipment | $3,167,772 |
| Investments—publicly traded securities | $24,002 |
| Investments—other securities | $0 |
| Investments—program-related | $674,315 |
| Intangible assets | $0 |
| Other assets | $195,951 |
| Total assets | $4,697,316 |
| Accounts payable and accrued expenses | $59,356 |
| 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 | $1 |
| Total liabilities | $59,357 |
| Net assets without donor restrictions | $4,637,959 |
| 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 | $4,697,316 |