Sugar Bowl Ski Team & Academy
- Assets
- $18.1m
- Revenue
- $8.5m
- Investments
- $935.3k
- Employees
- 134
- Location
- Norden, CA
- Founding
- 02/1993
- Data as of
- 06/2022
- EIN
- 94-3171879
Organization Overview
Sugar Bowl Ski Team & Academy is located in Norden, CA. The organization was established in 1993. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Sugar Bowl Ski Team & Academy employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sugar Bowl Ski Team & Academy 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, Sugar Bowl Ski Team & Academy generated $8.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $7.7m during the year ending 06/2022. While expenses have increased by 3.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUGAR BOWL SKI TEAM & ACADEMY IS DEDICATED TO PROVIDING SKIERS AGES 4-21 THE OPPORTUNITY TO PURSUE ATHLETIC DREAMS, ACADEMIC EXCELLENCE AND PERSONAL GROWTH. ACTIVITIES INCLUDE A PRIVATE BOARDING AND DAY SCHOOL AND COMPETITIVE SKI PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SBSTA OPERATES SUGAR BOWL ACADEMY, A FULLY ACCREDITED BOARDING AND DAY SCHOOL FOR STUDENTS IN GRADES 6 THROUGH 12. CURRENTLY THERE ARE 62 STUDENTS ENROLLED IN THE SCHOOL ON A FULL TIME BASIS. THE SCHOOL OFFERS RIGOROUS COLLEGE PREPARATORY ACADEMICS COMBINED WITH A COMPETITIVE ALPINE, NORDIC AND FREERIDE SKI PROGRAM FOR STUDENTS WHO WANT TO PURSUE BOTH ATHLETICS AND ACADEMICS AT A HIGH LEVEL. ACADEMY STUDENTS REGULARLY COMPETE IN SKI RACE EVENTS AT A REGIONAL AND NATIONAL LEVEL. NEARLY 100% OF ACADEMY GRADUATES ATTEND A FOUR YEAR COLLEGE OR UNIVERSITY AND MANY CONTINUE COMPETITIVE SKI RACING DURING THEIR COLLEGE YEARS. SUGAR BOWL SKI TEAM & ACADEMY IS A COMMUNITY DEDICATED TO PROVIDING PASSIONATE SKIERS THE OPPORTUNITY TO PURSUE ATHLETIC DREAMS, ACADEMIC EXCELLENCE, AND PERSONAL GROWTH WHILE CELEBRATING GRIT,GRACE, AND COURAGE.
SBSTA RUNS A SKI TEAM WITH A MEMBERSHIP OF APPROXIMATELY 400 ATHLETES AND A STAFF OF OVER 60 COACHES. THE AGE RANGE OF SKI TEAM MEMBERS IS 4 YEARS OLD TO 21. THE SKI TEAM OFFERS PROGRAMS IN ALPINE, FREERIDE,SNOWBOARD, NORDIC, AND BACKCOUNTRY SKIING. THE SKI TEAM OPERATES FROM NOVEMBER THROUGH APRIL AND ALSO OFFERS ON-SNOW AND OFF-SNOW PROGRAMS IN THE OFF SEASON. THE SKI TEAM SUPPORTS AND DEVELOPS SKI RACERS AT ALL LEVELS, INCLUDING THOSE WHO ARE INTERESTED IN COMPETING AT A NATIONAL LEVEL OR IN COLLEGE. MANY SKI TEAM ATHLETES SUCCESSFULLY COMPETE AT REGIONAL, NATIONAL, AND INTERNATIONAL COMPETITIONS AND GO ON TO SKI RACE AT DIVISION I COLLEGES AND UNIVERSITIES.
RACE CAMPS,FITNESS TRAINING, AND DEVELOPMENT CAMPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian C Krill Executive Director | 40 | $195,377 | |
Charles A Harris Instructor | 40 | $103,323 | |
Chris King Vice Chair | OfficerTrustee | 3 | $0 |
Cheryl Schrady Chair | OfficerTrustee | 10 | $0 |
Stacey Herhusky Secretary | OfficerTrustee | 3 | $0 |
Matthew Service Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,629,523 |
| All other contributions, gifts, grants, and similar amounts not included above | $563,642 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,193,165 |
| Total Program Service Revenue | $6,265,415 |
| Investment income | $36,780 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1 |
| Net Income from Fundraising Events | $26,395 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,521,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $788,859 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $298,700 |
| Compensation of current officers, directors, key employees. | $195,377 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,857,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $564,830 |
| Payroll taxes | $239,746 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,579 |
| Fees for services: Accounting | $82,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $202,979 |
| Advertising and promotion | $10,742 |
| Office expenses | $91,096 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121,914 |
| Travel | $7,407 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $6,032 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,654 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $402,943 |
| Insurance | $160,093 |
| All other expenses | $560,303 |
| Total functional expenses | $7,724,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,793,037 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $598,597 |
| Accounts receivable, net | $257,131 |
| 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 | $1,573,900 |
| Net Land, buildings, and equipment | $10,995,454 |
| Investments—publicly traded securities | $1,681,055 |
| Investments—other securities | $935,335 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $279,787 |
| Total assets | $18,114,296 |
| Accounts payable and accrued expenses | $191,554 |
| Grants payable | $0 |
| Deferred revenue | $2,729,162 |
| 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 | $2,920,716 |
| Net assets without donor restrictions | $13,822,255 |
| Net assets with donor restrictions | $1,371,325 |
| 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 | $18,114,296 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sugar Bowl Ski Team & Academy has recieved totaling $137,913.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $90,400 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $37,474 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Endowment Analysis
| Beg. Balance | $1,978,270 |
| Earnings | -$79,767 |
| Net Contributions | $48,774 |
| Other Expense | $575,953 |
| Ending Balance | $1,371,324 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Synergy Academies Los Angeles, CA | $22,403,920 | $21,618,793 |
San Diego Jewish Academy San Diego, CA | $60,657,178 | $18,702,706 |
Curtis School Foundation Los Angeles, CA | $75,927,733 | $19,348,920 |
Excel Academy Charter Schools San Marcos, CA | $11,403,735 | $18,058,297 |
Le Lycee Francais De Los Angeles Los Angeles, CA | $97,517,378 | $23,043,510 |
Oregonians For Online Education Inc Scio, OR | $4,402,348 | $19,081,202 |
Willows Community School Culver City, CA | $69,044,375 | $19,353,304 |
Head Start Of Lane County Springfield, OR | $2,527,429 | $16,579,600 |
Hawking Steam Charter Schools Inc Chula Vista, CA | $87,803,315 | $18,115,527 |
Stem Preparatory Schools Inc Los Angeles, CA | $15,250,781 | $22,306,511 |
San Jacinto Valley Academy Inc San Jacinto, CA | $34,100,540 | $18,923,540 |
Delphi Schools Inc Sheridan, OR | $68,746,624 | $17,868,394 |