Crosscut Mountain Sports Center Inc
- Assets
- $22.8m
- Revenue
- $2.8m
- Investments
- $6.1m
- Employees
- 68
- Location
- Bozeman, MT
- Founding
- 10/2016
- Data as of
- 04/2022
- EIN
- 81-1818317
Organization Overview
Crosscut Mountain Sports Center Inc is located in Bozeman, MT. The organization was established in 2016. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 04/2022, Crosscut Mountain Sports Center Inc employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crosscut Mountain Sports Center 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 04/2022, Crosscut Mountain Sports Center Inc generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $3.1m during the year ending 04/2022. 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
PROVIDE YEAR-ROUND RECREATIONAL OPPORTUNITIES AND ATHLETIC SPORTS AND EDUCATION FACILITIES FOR THE TRAINING, HEALTH ENHANCEMENT, AND DEVELOPMENT OF YOUTH, AMATEUR AND PROFESSIONAL ATHLETES SEEKING TO ENGAGE IN HUMAN-POWERED OUTDOOR SPORTS INCLUDED BUT NOT LIMITED TO NORDIC SKIING, BIATHLON, AND OUTDOOR EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CROSSCUT MOUNTAIN SPORTS CENTER IS A COMMUNITY NON-PROFIT LOCATED IN BOZEMAN, MONTANA WITH A MISSION OF PROVIDING YEAR-ROUND RECREATION, SPORTS TRAINING, AND OUTDOOR EDUCATION OPPORTUNITIES FOR ALL AGES AND ABILITIES. CROSSCUT PROMOTES HEALTHY LIFESTYLES, ENVIRONMENTAL STEWARDSHIP AND YOUTH EMPOWERMENT, AND OFFERS UNPARALLELED ACCESS FOR OUTDOOR ENTHUSIASTS -- FROM NOVICE SKIERS TO OLYMPIC AND PARALYMPIC HOPEFULS.CROSSCUT MOUNTAIN SPORTS CENTER OFFERED 6,744 KILOMETERS OF GROOMED TRAILS, OVER 500 NORDIC SKI LESSONS, AND TRAINING FOR MORE THAN 90 BIATHLETES FROM YOUTH TO THE ELITE LEVEL. IN SUPPORT OF PROGRAM GROWTH, CROSSCUT COMPLETED INSTALLATION OF A NEW 30-POINT BIATHLON RANGE WITH A ONE-KILOMETER ROLLER SKI LOOP, ALONG WITH NECESSARY INFRASTRUCTURE IMPROVEMENTS INCLUDING 240 PARKING SPOTS, A SKIER BRIDGE, AND TWO NEW ADA VAULT TOILETS. OUTDOOR EDUCATION PROGRAMS WERE OFFERED YEAR-ROUND WITH 54 DAYS OF WINTER PROGRAMS AND 20 DAYS OF SUMMER PROGRAMS REACHING 2,350 CHILDREN. CROSSCUT'S MOUNTAIN BIKING PROGRAM CONTINUED TO EXPAND WITH SIX WEEKS OF YOUTH CAMPS, ALONG WITH CLINICS AND COMPETITIVE RACES. CROSSCUT'S SECOND LOCATION, NOW CALLED LIGHTNING CREEK, HOSTED 14 OPEN HOUSE EVENTS AT LIGHTNING CREEK WELCOMING 80 INDIVIDUALS FROM 33 COMMUNITY ORGANIZATIONS AND NONPROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Beaston Chief Executive Officer | Officer | 40 | $211,250 |
Cliff Montagne Interim Chair | OfficerTrustee | 1 | $0 |
Eric Love Chair | OfficerTrustee | 5 | $0 |
Stuart Jennings Vice Chair | OfficerTrustee | 1 | $0 |
Randy Elliott Treasurer | OfficerTrustee | 1 | $0 |
Lowell Bailey Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $228,832 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,983,582 |
| Noncash contributions included in lines 1a–1f | $327,600 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,212,414 |
| Total Program Service Revenue | $704,306 |
| Investment income | $5,680 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$125,113 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,508 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,797,644 |
| 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. | $226,250 |
| Compensation of current officers, directors, key employees. | $22,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $981,952 |
| Pension plan accruals and contributions | $44,342 |
| Other employee benefits | $112,800 |
| Payroll taxes | $184,849 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,995 |
| Fees for services: Accounting | $81,828 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $288,172 |
| Advertising and promotion | $19,324 |
| Office expenses | $47,049 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,404 |
| Travel | $41,175 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $120,358 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $364,630 |
| Insurance | $29,443 |
| All other expenses | $100,846 |
| Total functional expenses | $3,068,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $925,296 |
| Savings and temporary cash investments | $1,245,000 |
| Pledges and grants receivable | $1,265,099 |
| Accounts receivable, net | $42,490 |
| 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 | $0 |
| Net Land, buildings, and equipment | $13,214,624 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,120,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,319 |
| Total assets | $22,822,828 |
| Accounts payable and accrued expenses | $1,458,266 |
| Grants payable | $0 |
| Deferred revenue | $32,969 |
| 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 | $6,502,795 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $147,205 |
| Total liabilities | $8,141,235 |
| Net assets without donor restrictions | $13,850,125 |
| Net assets with donor restrictions | $831,468 |
| 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 | $22,822,828 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Crosscut Mountain Sports Center Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Moonlight Community Foundation Big Sky, MT PURPOSE: CAMP LIGHTNING CREEK: SUPPORTING UNDERSERVED BIG SKY MIDDLE SCHOOL STUDENTS AND FAMILIES THORUGH IMMERSIVE, UNDISTRACTED RESIDENTIAL CAMP. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Summit League Inc Sioux Falls, SD | $12,416,599 | $5,663,074 |
Crane Creek Country Club Inc Boise, ID | $12,055,975 | $8,134,386 |
Minnehaha Country Club Sioux Falls, SD | $14,982,683 | $7,335,530 |
Hayden Lake Country Club Inc Hayden Lake, ID | $13,288,734 | $7,601,397 |
Yellowstone Country Club Billings, MT | $16,925,660 | $5,368,324 |
Fargo Country Club Inc Fargo, ND | $6,596,012 | $4,434,937 |
Meadow Lark Country Club Inc Great Falls, MT | $3,427,562 | $4,360,131 |
Blue Lakes Country Club Inc Twin Falls, ID | $5,858,115 | $3,926,859 |
Crosscut Mountain Sports Center Inc Bozeman, MT | $22,822,828 | $2,797,644 |
Dakota Dunes Country Club Dakota Dunes, SD | $9,451,517 | $2,826,381 |
Cheyenne Country Club Cheyenne, WY | $3,754,776 | $3,446,584 |
Tnt Kids Fitness Fargo, ND | $7,991,266 | $3,892,902 |