Purgatory Ski Team
- Assets
- $65.8k
- Revenue
- $248.7k
- Investments
- $0.0
- Employees
- 48
- Location
- Durango, CO
- Founding
- 04/2001
- Data as of
- 06/2022
- EIN
- 84-1466141
Organization Overview
Purgatory Ski Team is located in Durango, CO. The organization was established in 2001. 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 06/2022, Purgatory Ski Team employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purgatory Ski Team 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 06/2022, Purgatory Ski Team generated $248.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $232.2k during the year ending 06/2022. 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
PROVIDING EDUCATION, FINANCIAL, LOGISTICAL AND DEVELOPMENTAL SUPPORT FOR ATHLETES, COACHES, CLUBS AND EVENTS IN THE DURANGO, COLORADO AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURANGO WINTER SPORTS CLUB SERVED APPROXIMATELY 214 LOCAL YOUTH ATHLETES, PROVIDING THE OPPORTUNITY FOR WINTER ATHLETES TO COMPETE AT LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL LEVELS IN THE THREE DISCIPLINES OF SKIING: ALPINE RACING, ALPINE FREERIDE AND FREESTYLE SKIING, IN ADDITION TO SERVING A REGIONAL AUDIENCE AT HOSTED RACES AND CAMPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caitlyn Kneller Vice President | OfficerTrustee | 1 | $0 |
Miguel Munoz Treasurer | Officer | 2 | $0 |
Nathan Pierantoni President | Officer | 2 | $0 |
Geoffrey Clemens Member At Large | Trustee | 1 | $0 |
Heath Corley Member At Large | Trustee | 1 | $0 |
Heather Feistner Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,430 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,430 |
| Total Program Service Revenue | $214,924 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,333 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $248,697 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,242 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,947 |
| Payroll taxes | $12,117 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $37 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,638 |
| 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 | $8,955 |
| Insurance | $6,234 |
| All other expenses | $10,101 |
| Total functional expenses | $232,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,349 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $13,432 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $65,781 |
| Accounts payable and accrued expenses | $992 |
| 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 | $992 |
| Net assets without donor restrictions | $41,427 |
| Net assets with donor restrictions | $23,362 |
| 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 | $65,781 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Purgatory Ski Team has recieved totaling $188.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $188 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Ski Association Park City, UT | $21,124,453 | $32,052,009 |
Usa Volleyball Colorado Springs, CO | $34,648,570 | $30,318,456 |
Paradise Valley Country Club Inc Paradise Valley, AZ | $41,632,521 | $18,336,957 |
United States Ski Team Foundation Park City, UT | $9,262,092 | $17,246,819 |
Oklahoma City Golf & Country Club Nichols Hills, OK | $30,261,356 | $14,527,744 |
Southern Hills Country Club Tulsa, OK | $59,775,336 | $17,253,423 |
Cherry Hills Country Club Englewood, CO | $65,318,672 | $17,559,884 |
Denver Country Club Denver, CO | $40,162,102 | $13,375,074 |
Columbine Country Club Columbine Valley, CO | $37,675,928 | $14,753,551 |
Happy Hollow Club Omaha, NE | $18,174,683 | $12,125,031 |
Troon Country Club Inc Scottsdale, AZ | $27,079,635 | $13,166,586 |
Gamma Phi Beta Sorority Inc Centennial, CO | $31,209,730 | $12,603,697 |