Loup Loup Ski Education Foundation
- Assets
- $1.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 48
- Location
- Twisp, WA
- Founding
- 02/1983
- Data as of
- 06/2021
- EIN
- 91-1187457
Organization Overview
Loup Loup Ski Education Foundation is located in Twisp, WA. 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 06/2021, Loup Loup Ski Education Foundation employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loup Loup Ski Education Foundation 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 06/2021, Loup Loup Ski Education Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $711.9k during the year ending 06/2021. While expenses have increased by 5.5% 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
EDUCATE LOCAL ATHLETES; PROVIDE LESSONS AND A VENUE FOR ALPINE AND NORDIC SKIING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED A SKI HILL FOR THE EDUCATION AND ENJOYMENT OF THE LOCAL COMMUNITY ON A US FOREST SERVICE SPECIAL USE PERMIT AREA, PROVIDE WINTER LESSONS, INSTRUCTION FOR BEGINNING SKIERS AND SNOWBOARDERS, AND A SKI RACE TEAM FOR 20 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Betts Manager (thru 5/2021) | Officer | 40 | $48,713 |
Jessica Dewbrey Vice President | OfficerTrustee | 1 | $0 |
Jon Brown President | OfficerTrustee | 1 | $0 |
Steve Nelson Secretary | OfficerTrustee | 1 | $0 |
Amber Mcauliffe Treasurer | OfficerTrustee | 1 | $0 |
Mike Borowski Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $82,992 |
| All other contributions, gifts, grants, and similar amounts not included above | $471,769 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $554,761 |
| Total Program Service Revenue | $797,996 |
| Investment income | $143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,970 |
| Net Gain/Loss on Asset Sales | $23,164 |
| Net Income from Fundraising Events | -$2,403 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$71 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,382,710 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,560 |
| Compensation of current officers, directors, key employees. | $34,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $295,261 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $47,402 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,874 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $22,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,258 |
| Office expenses | $71,185 |
| Information technology | $474 |
| Royalties | $0 |
| Occupancy | $24,182 |
| Travel | $16,944 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $638 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,433 |
| Insurance | $53,305 |
| All other expenses | $556 |
| Total functional expenses | $711,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,809 |
| Savings and temporary cash investments | $463,898 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,016,945 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,907,652 |
| Accounts payable and accrued expenses | $4,122 |
| 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 | $273,271 |
| Unsecured mortgages and notes payable | $102,601 |
| Other liabilities | $0 |
| Total liabilities | $379,994 |
| Net assets without donor restrictions | $1,227,473 |
| Net assets with donor restrictions | $300,185 |
| 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 | $1,907,652 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Loup Loup Ski Education Foundation has recieved totaling $764,136.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $737,000 |
Community Foundation Of North Central Washington Wenatchee, WA PURPOSE: VARIOUS PURPOSES AS APPROVED BY CFNCW BOARD | $11,656 |
Mbia Foundation Inc Purchase, NY PURPOSE: GENERAL OPERATING PURPOSE | $10,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sun Valley Ski Education Foundation Inc Sun Valley, ID | $6,420,389 | $4,613,457 |
Oregon State Snowmobile Association Bend, OR | $3,168,256 | $2,113,317 |
Anchorage Hockey Association Ltd Anchorage, AK | $283,456 | $2,044,014 |
Mt Bachelor Sports Education Foundation Bend, OR | $3,761,449 | $2,868,671 |
Puget Sound Amateur Icesports Association Tacoma, WA | $12,226 | $1,608,298 |
Washington Ice Skating Association Mountlake Terrace, WA | $5,256,534 | $957,514 |
Anchorage Ski Club Inc Anchorage, AK | $1,107,051 | $1,152,538 |
Alyeska Ski Club Inc Girdwood, AK | $1,171,214 | $1,188,304 |
Hatcher Alpine Xperience Palmer, AK | $1,534,215 | $689,888 |
Far West Ski Association Battle Ground, WA | $779,277 | $801,282 |
South Anchorage Hockey Association Anchorage, AK | $567,628 | $814,114 |
Kenai Peninsula Hockey Association Kenai, AK | $0 | $755,270 |