Bogus Basin Recreational Association Inc
- Assets
- $54.3m
- Revenue
- $24.7m
- Investments
- $7.0m
- Employees
- 984
- Location
- Boise, ID
- Founding
- 08/2005
- Data as of
- 05/2024
- EIN
- 82-0212207
Organization Overview
Bogus Basin Recreational Association Inc, operating under the name Bogus Basin, is located in Boise, ID. The organization was established in 2005. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 05/2024, Bogus Basin employed 984 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bogus Basin 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 05/2024, Bogus Basin generated $24.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $20.6m during the year ending 05/2024. While expenses have increased by 12.4% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACCESSIBLE AFFORDABLE, AND FUN MOUNTAIN RECREATION AND EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOGUS BASIN IS A RECREATIONAL AREA THAT OPERATES TO ENRICH THE LIVES OF TREASURE VALLEY RESIDENTS BY PROVIDING YEAR-ROUND OUTDOOR ACTIVITIES AT RATES THAT ARE AFFORDABLE TO THE COMMUNITY. BOGUS BASIN HAD 416,000 WINTER VISITS. THESE WINTER GUESTS PAID 40% LESS FOR ADMISSION THAN THE INDUSTRY AVERAGE. DURING THE WINTER, BOGUS BASIN OFFERS ALPINE SKIING, NORDIC SKIING, SNOW TUBING AND SNOWSHOEING. BOGUS BASIN CONTINUES TO WORK ON PROVIDING AFFORDABLE SUMMER RECREATION INCLUDING MOUNTAIN BIKING, HIKING, YOUTH SUMMER CAMPS STARGAZING AND NATURE EXPERIENCES ALL AT AFFORDABLE RATES. FOR THE FISCAL YEAR, BOGUS BASIN HAD OVER 470,000 TOTAL VISITS.GRANTS ARE PROVIDED TO OVER 30 SCHOOLS IN THE AREA TO ENCOURAGE AND ENABLE STUDENT VISITS TO BOGUS BASIN REGARDLESS OF THEIR ABILITY TO PAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Kelly Chair | OfficerTrustee | 2 | $0 |
Eric Howe Vice Chair | OfficerTrustee | 2 | $0 |
Steve Kahn Treasurer | OfficerTrustee | 2 | $0 |
Jessica Aguilar Gier Secretary | OfficerTrustee | 2 | $0 |
Ross Borden Director | Trustee | 2 | $0 |
Michel Bourgeau Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Skytrac Services Inc New Chairlifts | 5/30/24 | $3,393,123 |
Axess Americas Inc Rfid Gates | 5/30/24 | $280,574 |
Critical Power Products & Services Llc Backup Generator | 5/30/24 | $179,300 |
Petra Inc Lodge Construction/engineering | 5/30/24 | $106,868 |
Vertical Corp Lodge Construction/engineering | 5/30/24 | $157,586 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,620 |
| Related organizations | $0 |
| Government grants | $16,697 |
| All other contributions, gifts, grants, and similar amounts not included above | $656,924 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $692,241 |
| Total Program Service Revenue | $19,609,895 |
| Investment income | $555,584 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $235,514 |
| Net Income from Fundraising Events | $28,797 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,589,329 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,711,360 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,089 |
| 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. | $530,856 |
| Compensation of current officers, directors, key employees. | $136,244 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,092,333 |
| Pension plan accruals and contributions | $322,304 |
| Other employee benefits | $403,375 |
| Payroll taxes | $695,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,611 |
| Fees for services: Accounting | $35,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,868 |
| Fees for services: Other | $527,871 |
| Advertising and promotion | $278,849 |
| Office expenses | $1,936,548 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $833,012 |
| Travel | $177,102 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,028 |
| Interest | $430,370 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,182,232 |
| Insurance | $1,238,327 |
| All other expenses | $0 |
| Total functional expenses | $20,585,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,333 |
| Savings and temporary cash investments | $4,469,272 |
| Pledges and grants receivable | $2,817 |
| Accounts receivable, net | $7,807 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $864,770 |
| Prepaid expenses and deferred charges | $406,131 |
| Net Land, buildings, and equipment | $33,132,006 |
| Investments—publicly traded securities | $3,882,124 |
| Investments—other securities | $6,966,687 |
| Investments—program-related | $0 |
| Intangible assets | $3,341,481 |
| Other assets | $959,970 |
| Total assets | $54,272,398 |
| Accounts payable and accrued expenses | $1,434,729 |
| Grants payable | $0 |
| Deferred revenue | $11,194,540 |
| 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 | $859,716 |
| Total liabilities | $13,488,985 |
| Net assets without donor restrictions | $40,603,953 |
| Net assets with donor restrictions | $179,460 |
| 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 | $54,272,398 |