Sun Valley Ski Education Foundation Inc

Organization Overview

Sun Valley Ski Education Foundation Inc is located in Sun Valley, ID. The organization was established in 1967. 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 06/2022, Sun Valley Ski Education Foundation Inc employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sun Valley Ski Education Foundation 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 06/2022, Sun Valley Ski Education Foundation Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE SUN VALLEY SKI EDUCATION FOUNDATION, INC. IS DEDICATED TO PROVIDING WINTER SPORTS PROGRAMS FOR THE YOUTH OF THE WOOD RIVER VALLEY, TO INCLUDE ALL ABILITY AND INTEREST LEVELS, REGARDLESS OF EACH PARTICIPANT'S ECONOMIC LEVEL. THE PRIMARY GOAL OF THE PROGRAM IS TO ASSIST EACH PARTICIPANT IN REACHING HIS/HER DESIRED ATHLETIC AND ACADEMIC POTENTIAL, WHILE DEVELOPING THE LIFELONG SKILLS OF GOAL-SETTING, SELF-DISCIPLINE, SPORTSMANSHIP, AND TIME MANAGEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALPINE SKIING PROGRAM


CROSS COUNTRY SKIING PROGRAM


FREESTYLE PROGRAM


OTHER VARIOUS ACADEMIC AND OLYMPIC DEVELOPMENT PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Scott Mcgrew
Executive Di
$107,500
Dave Wilson
President
$0
Steve Porino
Secretary
$0
Olin Glenne
Treasurer
$0
Scott Robinson
Vice Preside
$0
Heather Black
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$797,238
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$755,480
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,552,718
Total Program Service Revenue$2,664,603
Investment income $85,911
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $171,294
Net Income from Fundraising Events -$54,759
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,613,457

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Sun Valley Ski Education Foundation Inc has recieved totaling $25,500.

Awarding OrganizationAmount
William Carey Hay Foundation Inc

Sun Valley, ID

PURPOSE: TO HELP SUPPORT AND TRAIN ATHLETES TO UNDERSCORE STRONG MINDS, STRONG BODIES, STRONG FUTURES

$25,000
Boswell Family Foundation

Ketchum, ID

PURPOSE: WINTER SPORTS ACTIVITIES FOR YOUTH

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,369,511
Earnings-$414,203
Net Contributions$300,582
Ending Balance$3,255,890

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