Civic Intelligence

Franklin Ski & Outing Club Inc

EIN 01-0219222 • 501(c)3 • West Farmington, ME

Profile

The mission statement of the club shall be to provide opportunities for instruction, coaching, training, and enjoyment for alpine skiing, snowboarding, nordic skiing, and other recreational activities undertaken at the titcomb mountain recreational area that is owned and operated by franklin ski and outing club, inc.

PO Box 138West Farmington, ME 04992

www.titcombmountain.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

12th percentile

-71%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$46,710

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 21.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

23rd percentile

-38%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-42%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$248,889

Down $152,662 (-38%) from 2023

Liabilities

Up

$3,795

Up $1,137 (+43%) from 2023

Net Assets

Down

$245,094

Down $153,799 (-39%) from 2023

Revenue

Down

$216,183

Down $157,336 (-42%) from 2023

Expenses

Down

$369,982

Down $62,721 (-14%) from 2023

Net Income

Down

-$153,799

Down $94,615 (-160%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2018: $125,087Liabilities 2018: $2,291Net Assets 2018: $122,7962018Assets 2019: $192,694Liabilities 2019: $22,191Net Assets 2019: $170,5032019Assets 2020: $230,741Liabilities 2020: $31,056Net Assets 2020: $199,6852020Assets 2021: $500,310Liabilities 2021: $19,203Net Assets 2021: $481,1072021Assets 2022: $494,836Liabilities 2022: $2,329Net Assets 2022: $492,5072022Assets 2023: $401,551Liabilities 2023: $2,658Net Assets 2023: $398,8932023Assets 2024: $248,889Liabilities 2024: $3,795Net Assets 2024: $245,0942024

Highlighted filing

2024

Assets$248,889
Liabilities$3,795
Net Assets$245,094

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2018: $430,251Expenses 2018: $422,432Net Income 2018: $7,8192018Revenue 2019: $370,623Expenses 2019: $297,964Net Income 2019: $72,6592019Revenue 2020: $381,948Expenses 2020: $380,711Net Income 2020: $1,2372020Revenue 2021: $695,699Expenses 2021: $414,277Net Income 2021: $281,4222021Revenue 2022: $582,296Expenses 2022: $570,896Net Income 2022: $11,4002022Revenue 2023: $373,519Expenses 2023: $432,703Net Income 2023: -$59,1842023Revenue 2024: $216,183Expenses 2024: $369,982Net Income 2024: -$153,7992024

Highlighted filing

2024

Revenue$216,183
Expenses$369,982
Net Income-$153,799

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$230,435
Mission and Program Overview

Mission

The mission statement of the club shall be to provide opportunities for instruction, coaching, training and enjoyment for alpine skiing, snowboarding, nordic skiing, and other recreational activities undertaken at the titcomb mountain recreational area that is owned and operated by the members of the franklin ski and outing club aka farmington ski club. The club shall provide scholarship funds and otherwise assist those members of the community who would otherwise be unable to participate in these programs and activities for the lack of funds. The club shall support the development of programs and facilities and provide equipment, supplies, and financial support where necessary to achieve these goals.

The mission statement of the club shall be to provide opportunities for instruction, coaching, training, and enjoyment for alpine skiing, snowboarding, nordic skiing, and other recreational activities undertaken at the titcomb mountain recreational area that is owned and operated by franklin ski and outing club, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$224,093$210,170▼ $13,923
Land, Buildings, and Equipment, Net$49,760$36,020▼ $13,740
Savings and Temporary Cash Investments$127,698$2,699▼ $124,999
Total Assets$401,551$248,889▼ $152,662
Liabilities
Other Liabilities$2,158$3,295▲ $1,137
Deferred Revenue$500$500→ $0
Total Liabilities$2,658$3,795▲ $1,137
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$398,893$245,094▼ $153,799
Total Net Assets Fund Balance$398,893$245,094▼ $153,799
Total Liabilities and Net Assets / Fund Balance$401,551$248,889▼ $152,662

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,020$298,680$334,700
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim NortonCo-mgr of OpFT$46,710$46,710
Angela NortonCo-manager OFT$30,118$30,118
Barrett M EvansCo-manager OFT$16,756$16,756

Board Members and Trustees

NameTitle
Matt SwanPresident
Ben GeissingerDirector
Chris RileyDirector
Diane KruchkrowDirector
Garred StricklandDirector
Joshua DeraspeDirector
Kevin DonoghueDirector
Andrew WillihanAppointed Di
Dick ForsterAppointed Di
Matt WottonAppointed Di
Nate YeatonAppointed Di
Tony RamsayAppointed Di
Nora MccourtJunior Direc
Lisa EllrichSecretary
David SpencinerTreasurer
Chris DemarcoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$53,532
Program Service Revenue
$142,499
Investment Income
$2,056
Other Revenue
$18,096
All Other Contributions
$53,532
Change in Net Assets
$-153,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$185,083
Salaries, Compensation, and Employee Benefits$184,899
Total Fundraising Expense$4,960
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$93,584--$93,584
Other Salaries and Wages$79,454--$79,454
Insurance$58,386--$58,386
All Other Expenses$13,214-$4,960$18,174
Depreciation Depletion$13,740--$13,740
Payroll Taxes$11,861--$11,861
Other Expenses$9,706--$9,706
Advertising$3,437--$3,437
Office Expenses$543--$543
Total Functional Expenses$365,022$0$4,960$369,982
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,496
Fundraising Direct Expenses$8,704
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$16,496$16,496$8,704$7,792
Total Events$16,496$16,496$8,704$7,792
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Cards$3,295
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the treasurer and the president before it is submitted to the irs.

Form 990, Page 6, Part VI, Line 15A

Managers compensation is reviewed annually by the president of the fsc. The salaries will be adjusted by the budget committee upon the recommendation of the president.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Franklin Ski & Outing Club Inc
EIN
01-0219222
Phone
2077789031
Address
PO BOX 138, WEST FARMINGTON, ME 04992
Doing Business As
Farmington Ski Club

Signing Officer

Name
David Spenciner
Title
Treasurer
Phone
8025352351
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Spenciner
Formed
1973
Legal Domicile
Me
Voting Board Members
16
Independent Board Members
16
Employees
45
Volunteers
287

Preparer

Firm
Nicholson Michaud & Nadeau Cpas
Address
76 SILVER ST, WATERVILLE, ME 04901-6528
Preparer
Erik Nadeau CPA
Phone
2078727077
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission statement of the club shall be to provide opportunities for instruction, coaching, training, and enjoyment for alpine skiing, snowboarding, nordic skiing, and other recreational activities undertaken at the titcomb mountain recreational area that is owned and operated by franklin ski and outing club, inc.

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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION STATEMENT OF THE CLUB SHALL BE TO PROVIDE OPPORTUNITIES FOR INSTRUCTION, COACHING, TRAINING, AND ENJOYMENT FOR ALPINE SKIING, SNOWBOARDING, NORDIC SKIING, AND OTHER RECREATIONAL ACTIVITIES UNDERTAKEN AT THE TITCOMB MOUNTAIN RECREATIONAL AREA THAT IS OWNED AND OPERATED BY FRANKLIN SKI AND OUTING CLUB, INC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0398893
IRS990/NetAssetsOrFundBalancesEOYAmt0245094
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt07792
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07792
IRS990/NetIncomeOrLossGrp/ExclusionAmt04548
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt04548
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt05756
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05756
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0398893
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0245094
IRS990/NoncashContributionsAmt08704
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0543
IRS990/OfficeExpensesGrp/TotalAmt0543
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PROGRAMS/SKI SCHOOL
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TMAC
IRS990/OtherExpensesGrp/Desc3OPERATIONS SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt037859
IRS990/OtherExpensesGrp/ProgramServicesAmt132513
IRS990/OtherExpensesGrp/ProgramServicesAmt210725
IRS990/OtherExpensesGrp/ProgramServicesAmt39706
IRS990/OtherExpensesGrp/TotalAmt037859
IRS990/OtherExpensesGrp/TotalAmt132513
IRS990/OtherExpensesGrp/TotalAmt210725
IRS990/OtherExpensesGrp/TotalAmt39706
IRS990/OtherLiabilitiesGrp/BOYAmt02158
IRS990/OtherLiabilitiesGrp/EOYAmt03295
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079454
IRS990/OtherSalariesAndWagesGrp/TotalAmt079454
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011861
IRS990/PayrollTaxesGrp/TotalAmt011861
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID SPENCINER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIPS - SEASON TICKETS
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAMS/SKI SCHOOL
IRS990/ProgramServiceRevenueGrp/Desc2DAY TICKETS
IRS990/ProgramServiceRevenueGrp/Desc3RACING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0106728
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127275
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25810
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32686
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0106728
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt127275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32686
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011322
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt0266750
IRS990/PYOtherRevenueAmt054512
IRS990/PYProgramServiceRevenueAmt0307683
IRS990/PYRevenuesLessExpensesAmt0-59184
IRS990/PYSalariesCompEmpBnftPaidAmt0165953
IRS990/PYTotalExpensesAmt0432703
IRS990/PYTotalRevenueAmt0373519
IRS990/ReconcilationRevenueExpnssAmt0-153799
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt05756
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0142499
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0127698
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02699
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 72,834
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053532
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011322
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0179327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0322612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt073963
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0640756
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014797
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022609
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0467173
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt026592
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt072834
IRS990ScheduleA/OtherIncome170Grp/TotalAmt099426
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84000
IRS990ScheduleA/PublicSupportPY170Pct00.87400
IRS990ScheduleA/PublicSupportTotal170Amt0640756
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053532
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011322
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0179327
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0322612
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt073963
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0640756
IRS990ScheduleA/TotalSupportAmt0762791
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt036020
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0298680
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0334700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GIFT CARDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036020
IRS990ScheduleD/TotalLiabilityAmt03295
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08704
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016496
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt016496
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016496
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016496
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt07792
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08704
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08704
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION STATEMENT OF THE CLUB SHALL BE TO PROVIDE OPPORTUNITIES FOR INSTRUCTION, COACHING, TRAINING, AND ENJOYMENT FOR ALPINE SKIING, SNOWBOARDING, NORDIC SKIING, AND OTHER RECREATIONAL ACTIVITIES UNDERTAKEN AT THE TITCOMB MOUNTAIN RECREATIONAL AREA THAT IS OWNED AND OPERATED BY FRANKLIN SKI AND OUTING CLUB, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE TREASURER AND THE PRESIDENT BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGERS COMPENSATION IS REVIEWED ANNUALLY BY THE PRESIDENT OF THE FSC. THE SALARIES WILL BE ADJUSTED BY THE BUDGET COMMITTEE UPON THE RECOMMENDATION OF THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0401551
IRS990/TotalAssetsEOYAmt0248889
IRS990/TotalAssetsGrp/BOYAmt0401551
IRS990/TotalAssetsGrp/EOYAmt0248889
IRS990/TotalCompGreaterThan150KInd0false

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