Nordic Ski Club Of Fairbanks- Alaska
- Assets
- $832.5k
- Revenue
- $588.7k
- Investments
- $0.0
- Employees
- 26
- Location
- Fairbanks, AK
- Founding
- 09/1996
- Data as of
- 09/2022
- EIN
- 92-0096061
Organization Overview
Nordic Ski Club Of Fairbanks- Alaska is located in Fairbanks, AK. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 09/2022, Nordic Ski Club Of Fairbanks- Alaska employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nordic Ski Club Of Fairbanks- Alaska 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 09/2022, Nordic Ski Club Of Fairbanks- Alaska generated $588.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $535.2k during the year ending 09/2022. While expenses have increased by 0.8% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF CROSS COUNTRY SKIING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF COMPETITIVE CROSS COUNTRY SKIING THROUGH THE ORGANIZATION AND STAGING OF CROSS COUNTRY RACES WITH APPROXIMATELY 2,500 ENTRIES.
ADULT LESSONS AND JR NORDICS.
GROOMING MAINTENANCE AND IMPROVEMENTS OF CROSS COUNTRY SKI TRAILS USED BY APPROXIMATELY 7,500 SKIERS FOR A TOTAL OF 65,000 USERS. INCLUDES DEPRECIATION ON EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olivia Karnes Secretary | OfficerTrustee | 5 | $0 |
Chris Puchner President | OfficerTrustee | 15 | $0 |
Ann Jamieson Treasurer | OfficerTrustee | 20 | $0 |
Peter Delamere Board Member | Trustee | 3 | $0 |
Davya Flaherty Board Member | Trustee | 3 | $0 |
Dan Darrow Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,715 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,596 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,902 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $276,213 |
| Total Program Service Revenue | $294,528 |
| Investment income | $9,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,055 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $588,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,860 |
| 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 | $213,111 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,010 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $76,213 |
| Advertising and promotion | $243 |
| Office expenses | $904 |
| Information technology | $9,312 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,090 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,253 |
| Insurance | $29,319 |
| All other expenses | $19,062 |
| Total functional expenses | $535,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349,498 |
| Savings and temporary cash investments | $20,149 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,800 |
| 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 | $83,514 |
| Investments—publicly traded securities | $291,148 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,397 |
| Total assets | $832,506 |
| Accounts payable and accrued expenses | $10,552 |
| Grants payable | $0 |
| Deferred revenue | $82,799 |
| 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 | $0 |
| Total liabilities | $93,351 |
| Net assets without donor restrictions | $650,608 |
| Net assets with donor restrictions | $88,547 |
| 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 | $832,506 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nordic Ski Club Of Fairbanks- Alaska has recieved totaling $31,080.
| Awarding Organization | Amount |
|---|---|
Tanana Valley Youth Sports Foundation Inc Fairbanks, AK PURPOSE: 2 SNOW MACHINES AND EQUIPMENT | $31,080 |
Endowment Analysis
| Beg. Balance | $71,717 |
| Earnings | -$10,879 |
| Admin Expense | $783 |
| Net Contributions | $22,342 |
| Ending Balance | $82,397 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Credit Unions In The State Of Washington Richland, WA | $2,255,622,236 | $118,353,811 |
Arctic Slope Native Association Ltd Barrow, AK | $299,522,566 | $117,427,222 |
Valley Charities Inc Wasilla, AK | $2,675,483 | $86,387,328 |
Compass Health Everett, WA | $49,121,108 | $74,131,042 |
Low Income Housing Institute Seattle, WA | $253,877,593 | $49,435,203 |
Copper River Native Association Copper Center, AK | $37,611,985 | $29,435,235 |
Starbucks Foundation Seattle, WA | $35,732,232 | $14,000,443 |
Independent Order Of Odd Fellows Walla Walla, WA | $17,889,942 | $20,108,315 |
Discovery Institute Seattle, WA | $11,437,135 | $11,706,535 |
Vista Hermosa Pasco, WA | $179,888,748 | $12,479,389 |
Evergreen Freedom Foundation Olympia, WA | $4,610,393 | $9,922,946 |
Federal Defenders Of Eastern Washington And Idaho Spokane, WA | $1,389,146 | $8,114,646 |