Silver Run Skiing Foundation is located in Red Lodge, MT. The organization was established in 1982. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 05/2021, Silver Run Skiing Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Run Skiing 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 05/2021, Silver Run Skiing Foundation generated $238.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $234.8k during the year ending 05/2021. While expenses have increased by 6.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE POSITIVE SKI RACING EXPERIENCE FOR AREA YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKI RACING FREERIDE TEAM WHICH PROVIDES COACHING TO AREA YOUTH AND ADULTS. ALSO HOSTS SKI RACES AND FREESTYLE SKIING COMPETITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Obrien Secretary | OfficerTrustee | 5 | $0 |
Tanner Woodcock Vice President | OfficerTrustee | 5 | $0 |
Shannon Odonnell Treasurer | OfficerTrustee | 15 | $0 |
Josh Chilton President | OfficerTrustee | 7.5 | $0 |
Michael Hall Director | Trustee | 1 | $0 |
Steve Aga Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $3,803 |
Related organizations | $0 |
Government grants | $19,529 |
All other contributions, gifts, grants, and similar amounts not included above | $25,703 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $49,035 |
Total Program Service Revenue | $157,039 |
Investment income | $23 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,663 |
Net Income from Fundraising Events | $34,450 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $238,884 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $6,515 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $515 |
Compensation of current officers, directors, key employees. | $24,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $108,878 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,318 |
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 | $108 |
Office expenses | $95 |
Information technology | $2,783 |
Royalties | $0 |
Occupancy | $1,556 |
Travel | $3,080 |
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 | $15,270 |
Insurance | $12,816 |
All other expenses | $26,162 |
Total functional expenses | $234,817 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $55,741 |
Savings and temporary cash investments | $15,504 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$80 |
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 | $1,550 |
Net Land, buildings, and equipment | $58,759 |
Investments—publicly traded securities | $56,844 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $188,318 |
Accounts payable and accrued expenses | $4,260 |
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 | $0 |
Total liabilities | $4,260 |
Net assets without donor restrictions | $111,855 |
Net assets with donor restrictions | $72,203 |
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 | $188,318 |
Over the last fiscal year, we have identified 1 grants that Silver Run Skiing Foundation has recieved totaling $56.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $56 |
Organization Name | Assets | Revenue |
---|---|---|
South Dakota Community Foundation Pierre, SD | $805,282,495 | $215,504,617 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Bozeman Deaconess Foundation Bozeman, MT | $46,305,218 | $4,373,861 |
Eagle Mount - Bozeman Bozeman, MT | $10,240,049 | $4,315,685 |
Kalispell Regional Healthcare Foundation Kalispell, MT | $20,715,347 | $6,239,558 |
Ucross Foundation Clearmont, WY | $37,001,342 | $2,776,463 |
Millicent Merle Atkins Charitable Tr Aberdeen, SD | $36,649,151 | $3,459,076 |
Dignity Freedom Network Nampa, ID | $1,662,454 | $1,805,971 |
Msu Beaver Boosters Inc Minot, ND | $748,448 | $1,205,468 |
Niner Foundation Inc Jackson, WY | $11,473,638 | $320,579 |
Richard Sabala Foundation Inc Mccall, ID | $5,907,976 | $929,734 |
Jane S Heman Foundation Inc Stevensville, MT | $7,898,351 | $551,494 |