Central Cross Country Skiing Inc
- Assets
- $420.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Madison, WI
- Founding
- 05/2003
- Data as of
- 03/2023
- EIN
- 39-2008660
Organization Overview
Central Cross Country Skiing Inc is located in Madison, WI. The organization was established in 2003. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 03/2023, Central Cross Country Skiing Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Cross Country Skiing 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, Central Cross Country Skiing Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.2m during the year ending 03/2023. While expenses have increased by 3.8% 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
TO PROVIDE AN ORGANIZATION WHICH ENABLES ATHLETES, COACHES, OFFICIALS, AND PEOPLE OF ALL AGES AND ABILITIES TO ACHIEVE THEIR MAXIMUM POTENTIAL IN CROSS COUNTRY SKIING THROUGH: EDUCATION, COOPERATION, COMMUNICATION, AND COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH: THE NORDIC ROCKS PROGRAM INTRODUCED 21,357 STUDENTS FROM 119 SCHOOLS TO CROSS-COUNTRY SKIING, PROVIDING THEM WITH AN OPPORTUNITY TO ENGAGE IN PHYSICAL ACTIVITY AND LEAD HEALTHY LIFESTYLES.
FACILITIES: 127 DAYS OF GROOMED TRAILS FROM NOVEMBER 21 TO MARCH 28
ADAPTIVE: THE NORDIC ROCKS PROGRAM SERVED 307 STUDENTS WITH PHYSICAL AND/OR COGNITIVE DISABILITIES FROM 79 SCHOOLS. ADDITIONALLY, 91 DISABLED VETERANS AND DISABLED MEMBERS OF THE ARMED FORCES PARTICIPATED IN 24 EVENTS ORGANIZED BY OUR PROGRAM.
DEVELOPMENT: 111 ATHLETES PARTICIPATED IN FOUR SUMMER TRAINING CAMPS, 724 ATHLETES COMPETED IN THE CXC CUP EVENTS, AND 128 ATHLETES QUALIFIED TO COMPETE AT THE NATIONAL AND INTERNATIONAL LEVEL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yuriy Gusev Executive Di | Officer | 40 | $90,341 |
Oyvind Solvang President | OfficerTrustee | 5 | $0 |
Bill Pierce Vice Preside | OfficerTrustee | 5 | $0 |
Will Oberton Secretary | OfficerTrustee | 5 | $0 |
Andrew Simon Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $29,658 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $292,983 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,641 |
| Total Program Service Revenue | $754,026 |
| 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 | $87,826 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,164,493 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,500 |
| 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 | $269,597 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,616 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,553 |
| Advertising and promotion | $19,903 |
| Office expenses | $18,886 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,072 |
| Travel | $257,016 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,432 |
| Interest | $9,511 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,403 |
| All other expenses | $17,731 |
| Total functional expenses | $1,187,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,450 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,818 |
| 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 | $37,456 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $151,784 |
| Total assets | $420,508 |
| Accounts payable and accrued expenses | $60,641 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $210,641 |
| 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 | $209,867 |
| Total liabilities and net assets/fund balances | $420,508 |