Mt Hood Ski Education Foundation Inc is located in Government Camp, OR. The organization was established in 1986. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Mt Hood Ski Education Foundation Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Hood Ski Education Foundation 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 06/2023, Mt Hood Ski Education Foundation Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.3m during the year ending 06/2023. While expenses have increased by 12.3% per year over the past 7 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
THE FOUNDATION'S MISSION IS TO PROVIDE AND PROMOTE EXCELLENT SKI TRAINING PROGRAMS, COMPETITIONS, AND A SPECIALLY DESIGNED SCHOOL FOR COMPETITIVE YOUTH SKIERS, AND TO SPONSOR PROGRAMS THAT FOSTER SELF-CONFIDENCE, RESPECT FOR OTHERS, A KNOWLEDGE AND APPRECIATION OF PHYSICAL AND MENTAL WELL BEING, AND AN ONGOING DESIRE FOR GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLETIC EDUCATION FOR SKIERS.
INTEREST EXPENSE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malcolm Ash Board Member | Trustee | $0 | |
Shelley Brown Secretary | OfficerTrustee | $0 | |
Mike Greenslade Vice Preside | OfficerTrustee | $0 | |
Michael Peck Board Member | Trustee | $0 | |
Jason Rogers Board Member | Trustee | $0 | |
Mark Simmons Treasurer | OfficerTrustee | $0 |
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 | $93,067 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $93,067 |
Total Program Service Revenue | $1,112,674 |
Investment income | $1,125 |
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 | $55,890 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,262,756 |
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 | $484,002 |
Pension plan accruals and contributions | $156 |
Other employee benefits | $20,305 |
Payroll taxes | $49,621 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,619 |
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 | $1,809 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $75 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,982 |
Insurance | $4,175 |
All other expenses | $2,004 |
Total functional expenses | $1,301,078 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $727,031 |
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 | $2,783 |
Net Land, buildings, and equipment | $15,392 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $745,206 |
Accounts payable and accrued expenses | $45,001 |
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 | $243,659 |
Total liabilities | $288,660 |
Net assets without donor restrictions | $456,546 |
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 | $745,206 |