Kiwanis Ski Club Inc
- Assets
- $3.5m
- Revenue
- $443.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Iron Mountain, MI
- Founding
- 05/2017
- Data as of
- 03/2023
- EIN
- 38-3254313
Organization Overview
Kiwanis Ski Club Inc is located in Iron Mountain, MI. The organization was established in 2017. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kiwanis Ski Club 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 03/2023, Kiwanis Ski Club Inc generated $443.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $583.9k during the year ending 03/2023. While expenses have increased by 16.9% per year over the past 8 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
OUR MAIN AND ONLY OBJECTIVE IS TO PROMOTE AMATEUR SKI JUMPING IN OUR AREA. OUR MAIN AND ONLY ACTIVITY HAS BEEN THE ANNUAL SKI JUMPING TOURNAMENT HELD AT PINE MOUNTAIN IN IRON MOUNTAIN, MICHIGAN. THIS EVENT IS HELD IN FEBRUARY AND THE COMPETITORS ARE AMATEUR SKI JUMPING ATHLETES FORM AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SKI JUMPING TOURNAMENT TO PROMOTE AMATEUR SKI JUMPING IN THE AREA.
ANNUAL SKI JUMPING TOURNAMENT TO PROMOTE AMATEUR SKI JUMPING IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Blagec President | Officer | $0 | |
Paul Bujold Treasurer | Officer | $0 | |
Lennie Walters Vice Preside | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $67,205 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,205 |
| Total Program Service Revenue | $376,475 |
| Investment income | $116 |
| 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 | $443,796 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,795 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $78,523 |
| Advertising and promotion | $3,559 |
| Office expenses | $8,534 |
| 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 | $0 |
| Interest | $27,690 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $341,812 |
| Insurance | $5,232 |
| All other expenses | $17,568 |
| Total functional expenses | $583,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,052 |
| Savings and temporary cash investments | $20,073 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,000 |
| 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 | $1,815 |
| Net Land, buildings, and equipment | $3,086,955 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,494,895 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $255,666 |
| Deferred revenue | $30,000 |
| 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 | $2,947,749 |
| Total liabilities | $3,233,415 |
| Net assets without donor restrictions | $261,480 |
| 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 | $3,494,895 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kiwanis Ski Club Inc has recieved totaling $30,065.
| Awarding Organization | Amount |
|---|---|
Bay Harbor Foundation Bay Harbor, MI PURPOSE: DIRECTED DONATION | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
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|---|---|---|
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Usa Gymnastics Indianapolis, IN | $10,341,762 | $23,572,427 |
Usa Football Indianapolis, IN | $24,226,774 | $15,821,078 |
Indiana Sports Corporation Indianapolis, IN | $18,372,130 | $8,869,621 |
Indy College Football Playoff Inc Indianapolis, IN | $2,356,063 | $6,670,000 |
National Archery In The Shools Program Inc Waldo, WI | $6,967,095 | $3,407,459 |
United States Bowling Congress Inc Milwaukee, WI | $609,702 | $1,811,037 |
Livonia Civic Arenas Inc Livonia, MI | $814,665 | $1,368,082 |
National Muzzle Loading Rifle Association Friendship, IN | $3,274,556 | $1,611,305 |
Columbus Marathon Columbus, OH | $235,659 | $1,100,044 |
United States Bowling Congress Inc Grandville, MI | $852,759 | $721,706 |
Wisconsin Trapshooting Association Inc Burlington, WI | $3,345,328 | $827,218 |