Mt Bachelor Sports Education Foundation
- Assets
- $3.8m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 155
- Location
- Bend, OR
- Founding
- 01/1984
- Data as of
- 06/2020
- EIN
- 93-0846112
Organization Overview
Mt Bachelor Sports Education Foundation is located in Bend, OR. The organization was established in 1984. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2020, Mt Bachelor Sports Education Foundation employed 155 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Bachelor Sports Education 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 06/2020, Mt Bachelor Sports Education Foundation generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $1.6m during the year ending 06/2020. While expenses have increased by 2.4% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
MT. BACHELOR SPORTS EDUCATION FOUNDATION CREATES OPPORTUNITIES THROUGH COMPETITIVE SNOW SPORTS PROGRAMS TO SUPPORT ATHLETES IN ACHIEVING THEIR INDIVIDUAL ATHLETIC, ACADEMIC, AND PERSONAL GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALPINE PROGRAM COACHING AND RACING: THE PROGRAM IS OFFERED TO SKIERS FROM AGE 7 AND UP; IT DEVELOPS CANDIDATES FOR NATIONAL AND OLYMPIC ALPINE COMPETITIONS.
FREERIDE SKI AND SNOWBOARDING: THE PROGRAM ACCEPTS RIDERS 8-20 YEARS OF AGE; IT IS TAILORED TO DEVELOP THEIR FREERIDING, FREESTYLE, CARVING AND COMPETITION SKILLS.
NORDIC PROGRAM COACHING AND RACING: THE PROGRAM IS OFFERED TO COMPETITIVE AND NON-COMPETITIVE SKIERS FROM AGE 7 AND UP; IT IS DESIGNED TO DEVELOP THEIR PHYSICAL FITNESS, TECHNIQUE, KNOWLEDGE OF THE SPORT, AND TO FOSTER A LIFELONG APPRECIATION OF NORDIC SKIING.
PROGRAM TRANSPORTATION: PROVIDES CANDIDATES AND COACHES TRANSPORTATION TO EVENTS. CYCLING PROGRAM: THE PROGRAM IS DESIGNED FOR AGES 6 TO 14; IT BUILDS MOUNTAIN BIKING SKILLS AND ENDURANCE IN A FUN SUPPORTIVE ENVIRONMENT. MEMBERSHIP: PROVIDES PROGRAM RELATED MATERIALS AND SUPPLIES.
ALPINE PROGRAM COACHING AND RACING: THE PROGRAM IS OFFERED TO SKIERS FROM AGE 7 AND UP; IT DEVELOPS CANDIDATES FOR NATIONAL AND OLYMPIC ALPINE COMPETITIONS.
FREERIDE SKI AND SNOWBOARDING: THE PROGRAM ACCEPTS RIDERS 8-20 YEARS OF AGE; IT IS TAILORED TO DEVELOP THEIR FREERIDING, FREESTYLE, CARVING AND COMPETITION SKILLS.
NORDIC PROGRAM COACHING AND RACING: THE PROGRAM IS OFFERED TO COMPETITIVE AND NON-COMPETITIVE SKIERS FROM AGE 7 AND UP; IT IS DESIGNED TO DEVELOP THEIR PHYSICAL FITNESS, TECHNIQUE, KNOWLEDGE OF THE SPORT, AND TO FOSTER A LIFELONG APPRECIATION OF NORDIC SKIING.
PROGRAM TRANSPORTATION: PROVIDES CANDIDATES AND COACHES TRANSPORTATION TO EVENTS. CYCLING PROGRAM: THE PROGRAM IS DESIGNED FOR AGES 6 TO 14; IT BUILDS MOUNTAIN BIKING SKILLS AND ENDURANCE IN A FUN SUPPORTIVE ENVIRONMENT. MEMBERSHIP: PROVIDES PROGRAM RELATED MATERIALS AND SUPPLIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Schiemer Executive Of | Officer | 40 | $67,330 |
Scott Agnew Treasurer | OfficerTrustee | $0 | |
Howard Friedman Vice Preside | OfficerTrustee | $0 | |
Kirk Schueler President | OfficerTrustee | $0 | |
Kyle Wuepper Secretary | OfficerTrustee | $0 | |
Andrew Boone Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,572,455 |
| Investment income | $20,543 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $135,074 |
| Net Income from Gaming Activities | $9,794 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,868,671 |
| Statement of Expenses | |
|---|---|
| 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. | $67,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $621,841 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $121,610 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,737 |
| 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 | $3,948 |
| Information technology | $7,624 |
| Royalties | $0 |
| Occupancy | $94,415 |
| Travel | $57,786 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,090 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,580 |
| Insurance | $101,825 |
| All other expenses | $0 |
| Total functional expenses | $1,616,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,491 |
| Savings and temporary cash investments | $351,419 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,525 |
| 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 | $11,809 |
| Investments—publicly traded securities | $419,122 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,298,309 |
| Total assets | $3,761,449 |
| Accounts payable and accrued expenses | $127,327 |
| Grants payable | $0 |
| Deferred revenue | $137,213 |
| 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 | $1,040,525 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $91,941 |
| Total liabilities | $1,397,006 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,364,443 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mt Bachelor Sports Education Foundation has recieved totaling $23,975.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Parks and Recreation | $20,000 |
Willametta K Day Foundation Los Angeles, CA PURPOSE: UNRESTRICTED | $3,975 |
Endowment Analysis
| Beg. Balance | $434,949 |
| Earnings | $20,738 |
| Admin Expense | $38,148 |
| Net Contributions | $35,765 |
| Ending Balance | $453,304 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sun Valley Ski Education Foundation Inc Sun Valley, ID | $6,420,389 | $4,613,457 |
Oregon State Snowmobile Association Bend, OR | $3,168,256 | $2,113,317 |
Mt Bachelor Sports Education Foundation Bend, OR | $3,761,449 | $2,868,671 |
Puget Sound Amateur Icesports Association Tacoma, WA | $12,226 | $1,608,298 |
Washington Ice Skating Association Mountlake Terrace, WA | $5,256,534 | $957,514 |
Growth Opportunities Through Athletics Learning & Service Goals Anaheim, CA | $5,766,668 | $1,764,025 |
Community Skating Inc Palo Alto, CA | $2,290,203 | $1,754,741 |
Auburn Ski Club Inc Soda Springs, CA | $2,591,796 | $1,456,269 |
Sky Tavern Reno, NV | $1,370,590 | $1,713,809 |
Nevada Stars Inc Las Vegas, NV | $379,320 | $1,022,440 |
Far West Ski Association Battle Ground, WA | $779,277 | $801,282 |
United States Of America Snowboard And Freeski Association South Lake Tahoe, CA | $220,028 | $651,548 |