Aspen Valley Ski-Snowboard Club Inc
- Assets
- $7.0m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 167
- Location
- Aspen, CO
- Founding
- 11/1965
- Data as of
- 07/2021
- EIN
- 84-6042225
Organization Overview
Aspen Valley Ski-Snowboard Club Inc is located in Aspen, CO. The organization was established in 1965. 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 07/2021, Aspen Valley Ski-Snowboard Club Inc employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspen Valley Ski-Snowboard 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 07/2021, Aspen Valley Ski-Snowboard Club Inc generated $6.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $5.5m during the year ending 07/2021. While expenses have increased by 3.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ALL YOUTH IN THE GREATER ROARING FORK VALLEY THE OPPORTUNITY TO EXCEL AS ATHLETES AND AS PEOPLE THROUGH WINTER SPORTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S SKIING/LESSONS, NORDIC, ALPINE, SNOWBOARDING, FREESTYLE & ADAPTIVE. 3,067 CHILDREN IN THE ROARING FORK VALLEY PARTICIPATED. (AGES 3-GRADE 12)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Godomsky Executive Director | Officer | 40 | $269,059 |
David Volz Director Of Finance | 40 | $123,562 | |
Eric Knight Freestyle Program Director | 40 | $110,985 | |
Chris Davenport President | OfficerTrustee | 1 | $0 |
David Phillips Treasurer | OfficerTrustee | 1 | $0 |
Ryan Smalls Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aspen Skiing Company Ski & Snowboard Instruction | 7/30/17 | $613,501 |
Mark Cole Fundraising | 7/30/17 | $115,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $587,500 |
| Related organizations | $0 |
| Government grants | $642,998 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,570,031 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,800,529 |
| Total Program Service Revenue | $4,035,661 |
| Investment income | $23,553 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,500 |
| Net Income from Fundraising Events | -$163,588 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,714,655 |
| 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 | $348,306 |
| Other salaries and wages | $2,266,594 |
| Pension plan accruals and contributions | $50,625 |
| Other employee benefits | $218,863 |
| Payroll taxes | $201,159 |
| Fees for services: Management | $18,499 |
| Fees for services: Legal | $8,897 |
| Fees for services: Accounting | $14,814 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $714,918 |
| Advertising and promotion | $5,201 |
| Office expenses | $36,339 |
| Information technology | $28,163 |
| Royalties | $0 |
| Occupancy | $175,430 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,415 |
| Interest | $7,157 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,608 |
| Insurance | $195,153 |
| All other expenses | $259,867 |
| Total functional expenses | $5,514,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,107 |
| Savings and temporary cash investments | $3,241,915 |
| Pledges and grants receivable | $250,000 |
| Accounts receivable, net | -$513 |
| Loans from Officers, Directors, or Controlling Persons | $225,000 |
| 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 | $466,573 |
| Investments—publicly traded securities | $1,699,333 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,144,391 |
| Total assets | $7,027,806 |
| Accounts payable and accrued expenses | $253,935 |
| Grants payable | $0 |
| Deferred revenue | $63,461 |
| 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 | $168,233 |
| Other liabilities | $860,759 |
| Total liabilities | $1,346,388 |
| Net assets without donor restrictions | $2,625,940 |
| Net assets with donor restrictions | $3,055,478 |
| 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 | $7,027,806 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aspen Valley Ski-Snowboard Club Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Noble Lane Foundation Carbondale, CO PURPOSE: GENERAL FUND | $20,000 |
Endowment Analysis
| Beg. Balance | $1,323,899 |
| Earnings | $367,363 |
| Admin Expense | $7,150 |
| Net Contributions | $90,048 |
| Other Expense | $74,827 |
| Ending Balance | $1,699,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Figure Skating Association Colorado Springs, CO | $17,642,833 | $19,148,082 |
Usa Hockey Foundation Colorado Springs, CO | $49,949,218 | $18,128,256 |
Ski And Snowboard Club Vail Vail, CO | $13,295,596 | $9,159,333 |
Steamboat Springs Winter Sports Club Inc Steamboat Springs, CO | $1,668,476 | $5,975,021 |
Aspen Valley Ski-Snowboard Club Inc Aspen, CO | $7,027,806 | $6,714,655 |
Cooper Hill Ski Area Inc Leadville, CO | $7,003,868 | $5,855,683 |
Coyotes Amateur Hockey Association Scottsdale, AZ | $1,010,325 | $4,778,819 |
American Alpine Club Golden, CO | $9,490,812 | $5,208,382 |
Utah Ski Association Salt Lake City, UT | $2,005,466 | $3,369,684 |
Usa Nordic Sport Inc Park City, UT | $182,007 | $3,079,975 |
Littleton Hockey Association Littleton, CO | $1,019,905 | $2,579,388 |
Ussa Investment Fund Park City, UT | $64,423,914 | $5,414,960 |