Franconia Ski Club
- Assets
- $3.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 59
- Location
- Franconia, NH
- Founding
- 05/1983
- Data as of
- 05/2022
- EIN
- 02-0365446
Organization Overview
Franconia Ski Club is located in Franconia, NH. The organization was established in 1983. 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 05/2022, Franconia Ski Club employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franconia Ski Club 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 05/2022, Franconia Ski Club generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $1.0m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 7 years. 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
PROVIDE SKI RACE TRAINING FOR USAA SANCTIONED PROGRAM FOR 100+ PARTICIPANTS (ATHLETES) AND SPONSOR USAA SANCTIONED RACES AND RELATED SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SKI RACE TRAINING FOR USAA SANCTIONED PROGRAM FOR 100+ PARTICIPANTS (ATHLETES) AND SPONSOR USAA SANCTIONED RACES AND RELATED SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Price Programdirector | Trustee | 40 | $82,340 |
Christina Schmitt Secretary | OfficerTrustee | 1 | $0 |
Tim Tapply President | OfficerTrustee | 1 | $0 |
David Lavallee Director | Trustee | 1 | $0 |
Sarah Stock Director | Trustee | 1 | $0 |
Tammy Medanich Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,800 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $431,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,950 |
| Total Program Service Revenue | $825,451 |
| Investment income | $407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $71,175 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,353,983 |
| 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. | $82,340 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $379,191 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,173 |
| Payroll taxes | $39,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,412 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,054 |
| Travel | $12,779 |
| 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 | $80,327 |
| Insurance | $30,168 |
| All other expenses | $64,291 |
| Total functional expenses | $1,032,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $490,307 |
| Savings and temporary cash investments | $39,623 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,997 |
| 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 | $2,872,179 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,428,106 |
| Accounts payable and accrued expenses | $5,371 |
| Grants payable | $0 |
| Deferred revenue | $4,500 |
| 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 | $9,871 |
| Net assets without donor restrictions | $1,190,250 |
| Net assets with donor restrictions | $2,227,985 |
| 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 | $3,428,106 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Franconia Ski Club has recieved totaling $438,761.
| Awarding Organization | Amount |
|---|---|
Schmaltz Enroth Family Foundation Boston, MA PURPOSE: TO CARRY OUT PHILANTHROPIC PURPOSE | $400,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $22,506 |
Macpherson Fund Inc Dover, MA PURPOSE: GENERAL FUND | $15,000 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $1,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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 |