Pats Peak Educational Foundation
- Assets
- $380.7k
- Revenue
- $401.2k
- Investments
- $0.0
- Employees
- 25
- Location
- Windham, NH
- Founding
- 08/1978
- Data as of
- 04/2022
- EIN
- 02-0333946
Organization Overview
Pats Peak Educational Foundation is located in Windham, NH. The organization was established in 1978. 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 04/2022, Pats Peak Educational Foundation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pats Peak Educational 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 04/2022, Pats Peak Educational Foundation generated $401.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $315.3k during the year ending 04/2022. While expenses have increased by 13.9% 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
TEACHING ALPINE SKI RACING/INSTRUCTORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKI AND RACING PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Locke Head Coach Director | Trustee | 25 | $10,500 |
Carol Fahey Secretary | OfficerTrustee | 15 | $9,690 |
Bill Bates President | Officer | 15 | $0 |
Tracy Weiss Treasurer | Officer | 20 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Jeff Akstin Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $153,883 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,164 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $340,047 |
| Total Program Service Revenue | $61,173 |
| Investment income | $0 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $401,220 |
| 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 | $71,213 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $174 |
| Payroll taxes | $17,115 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,204 |
| Fees for services: Accounting | $4,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,743 |
| Office expenses | $13,826 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,282 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $5,043 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,951 |
| All other expenses | $4,694 |
| Total functional expenses | $315,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,851 |
| Savings and temporary cash investments | $178,830 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $380,681 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $294,795 |
| 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 | $294,795 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $380,681 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pats Peak Educational Foundation has recieved totaling $9.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Vermont Association Of Snow Travelers Inc Barre, VT | $3,241,004 | $3,918,954 |
Waterville Valley Black & Blue Trail Smashers-Snowsports Edu Fdn Waterville Valley, NH | $2,567,962 | $3,711,484 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Mount Mansfield Ski Educational Foundation Inc Stowe, VT | $2,532,717 | $2,414,692 |
Mount Snow Ski Educational Foundation West Dover, VT | $1,320,980 | $1,834,810 |
Junior Railers Hockey Club Inc Worcester, MA | $424,487 | $1,444,219 |
Dorset Park Skating Association Inc South Burlington, VT | $6,321,693 | $1,908,251 |
Hockey East Amesbury, MA | $1,083,202 | $1,841,620 |
Vermont Adaptive Ski & Sports Killington, VT | $2,799,788 | $1,237,034 |
Black Mountain Of Maine Rumford, ME | $1,559,785 | $1,123,500 |
Falmouth Youth Hockey League Inc East Falmouth, MA | $7,269,311 | $1,100,190 |