Civic Intelligence

Titcomb Ski Club Educational Foundation

990EZ • Fiscal year 2016 • EIN 01-0366353

Jun 01, 2015 to May 31, 2016 • Filed on Oct 17, 2016

PO Box 43Farmington, ME 04938

(207) 779-7278

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

Down

$91,897

Down $4,310 (-4.5%) from 2012

Net Assets

Down

$91,897

Down $4,310 (-4.5%) from 2012

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Down

$80,383

Down $33,602 (-29%) from 2012

Expenses

Down

$50,053

Down $4,595 (-8.4%) from 2012

Net Income

Down

$30,330

Down $29,007 (-49%) from 2012

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2011: $36,870Net Assets 2011: $36,8702011Assets 2012: $96,207Net Assets 2012: $96,2072012Assets 2016: $91,897Liabilities 2016: $0Net Assets 2016: $91,8972016Assets 2017: $115,635Liabilities 2017: $0Net Assets 2017: $115,6352017Assets 2018: $154,384Liabilities 2018: $0Net Assets 2018: $154,3842018

Highlighted filing

2016

Assets$91,897
Liabilities$0
Net Assets$91,897

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0Revenue 2011: $28,400Expenses 2011: $8,301Net Income 2011: $20,0992011Revenue 2012: $113,985Expenses 2012: $54,648Net Income 2012: $59,3372012Revenue 2016: $80,383Expenses 2016: $50,053Net Income 2016: $30,3302016Revenue 2017: $64,932Expenses 2017: $41,251Net Income 2017: $23,6812017Revenue 2018: $50,701Expenses 2018: $23,333Net Income 2018: $27,3682018

Highlighted filing

2016

Revenue$80,383
Expenses$50,053
Net Income$30,330
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Oct 17, 2016
Return Version
2015v3.0
Gross Receipts
$80,383
Mission and Program Overview

Mission

The foundation is organized and shall be operated on a non-profit basis to provide opportunities for instruction, coaching, training and enjoyment for alpine skiing, snowboarding, nordic skiing and other recreational activities undertaken at the titcomb mountain recreation area that is owned and operated by the members of the farmington ski club. The foundation 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 lack of funds. The foundation shall support the development of program and facilities and provide equipment, supplies, and financial support where necessary in order to achieve these purposes.

Program Services

DescriptionGrantsExpenses
THE TITCOMB SKI CLUB EDUCATION FOUNDATION EXISTS TO PROVIDE EDUCATIONAL OPPORTUNITIES AND SCHOLARSHIPS TO SUPPORT ACCESS TO TITCOMB MOUNTAIN SKI AREA. WE CURRENTLY SUPPORT APPROXIMATELY 120 KIDS ANNUALLY FOR VARIOUS LEARN-TO-SKI PROGRAMS AS WELL AS FUND BUS TRANSPORTATION FOR KIDS TO ACCESS THE MOUNTAIN FROM LOCAL SCHOOLS. OUR MAIN FUNDRAISERS INCLUDE THE DUNKIN DONUTS MUG PROGRAM GRANT, THE SNOW DANCE, SKI-A-THON AND GOLF TOURNAMENT. THE FOUNDATION HAS ALSO BEEN THE RECIPIENT OF THE ONION FOUNDATION GRANT TO SUPPORT CAPITAL IMPROVEMENTS TO THE FACILITY AND TO SUPPORT LEARN-TO-SKI AND COMMUNITY FREE SKI EVENTS.-$47,421
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHERINE YARDLEYPresident-$0--
JARED RANGERBoard Member-$0--
DEREK HAYESTreasurer-$0--
SHELLEY DEANEVice Preside-$0--
PETER HARDYBoard Member-$0--
RICHARD FORSTERBoard Member-$0--
CAMILLE BLANCHETTEBoard Member-$0--
GWYN SEWALLBoard Member-$0--
JOSHUA FIRMINSecretary-$0--
MELISSA AUDYBoard Member-$0--
ECHO MCDONOUGHBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Titcomb Ski Educational Foundation
EIN
01-0366353
Address
PO BOX 43, FARMINGTON, ME 04938

Signing Officer

Name
Derek Hayes
Title
Treasurer
Signed
2016-10-17
Discuss with paid preparer
Yes

Preparer

Firm
Andrew K Laslie CPA Pa
Address
130 OAK ST STE 6, ELLSWORTH, ME 04605-1668
Preparer
Andrew K Laslie CPA
Phone
2076696233
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Golf tournament office 2,464 expenses office expenses 168 nana webber transport 550 fast coaching 6,000 scholarships 4,210 ski equipment/improvement 36,661 total 50,053

Form 990-ez, Part III

The foundation is organized and shall be operated on a non-profit basis to provide opportunities for instruction, coaching, training and enjoyment for alpine skiing, snowboarding, nordic skiing and other recreational activities undertaken at the titcomb mountain recreation area that is owned and operated by the members of the farmington ski club. The foundation 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 lack of funds. The foundation shall support the development of program and facilities and provide equipment, supplies, and financial support where necessary in order to achieve these purposes.

Form 990-ez, Part III, Line 28

The titcomb ski club education foundation exists to provide educational opportunities and scholarships to support access to titcomb mountain ski area. We currently support approximately 120 kids annually for various learn-to-ski programs as well as fund bus transportation for kids to access the mountain from local schools. Our main fundraisers include the dunkin donuts mug program grant, the snow dance, ski-a-thon and golf tournament. The foundation has also been the recipient of the onion foundation grant to support capital improvements to the facility and to support learn-to-ski and community free ski events.

Raw XML Appendix143 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DEREK HAYES
IRS990EZ/BooksInCareOfDetail/PhoneNum02077797278
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 43
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004938
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt061567
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt091897
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt080332
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt030330
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt061567
IRS990EZ/Form990TotalAssetsGrp/EOYAmt091897
IRS990EZ/GrossReceiptsAmt080383
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt051
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt061567
IRS990EZ/NetAssetsOrFundBalancesEOYAmt091897
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt061567
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt091897
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHERINE YARDLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JARED RANGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEREK HAYES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SHELLEY DEANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PETER HARDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5RICHARD FORSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CAMILLE BLANCHETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7GWYN SEWALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JOSHUA FIRMIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MELISSA AUDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10ECHO MCDONOUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt050053
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED ON A NON-PROFIT BASIS TO PROVIDE OPPORTUNITIES FOR INSTRUCTION, COACHING, TRAINING AND ENJOYMENT FOR ALPINE SKIING, SNOWBOARDING, NORDIC SKIING AND OTHER RECREATIONAL ACTIVITIES UNDERTAKEN AT THE TITCOMB MOUNTAIN RECREATION AREA THAT IS OWNED AND OPERATED BY THE MEMBERS OF THE FARMINGTON SKI CLUB. THE FOUNDATION 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 LACK OF FUNDS. THE FOUNDATION SHALL SUPPORT THE DEVELOPMENT OF PROGRAM AND FACILITIES AND PROVIDE EQUIPMENT, SUPPLIES, AND FINANCIAL SUPPORT WHERE NECESSARY IN ORDER TO ACHIEVE THESE PURPOSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE TITCOMB SKI CLUB EDUCATION FOUNDATION EXISTS TO PROVIDE EDUCATIONAL OPPORTUNITIES AND SCHOLARSHIPS TO SUPPORT ACCESS TO TITCOMB MOUNTAIN SKI AREA. WE CURRENTLY SUPPORT APPROXIMATELY 120 KIDS ANNUALLY FOR VARIOUS LEARN-TO-SKI PROGRAMS AS WELL AS FUND BUS TRANSPORTATION FOR KIDS TO ACCESS THE MOUNTAIN FROM LOCAL SCHOOLS. OUR MAIN FUNDRAISERS INCLUDE THE DUNKIN DONUTS MUG PROGRAM GRANT, THE SNOW DANCE, SKI-A-THON AND GOLF TOURNAMENT. THE FOUNDATION HAS ALSO BEEN THE RECIPIENT OF THE ONION FOUNDATION GRANT TO SUPPORT CAPITAL IMPROVEMENTS TO THE FACILITY AND TO SUPPORT LEARN-TO-SKI AND COMMUNITY FREE SKI EVENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt047421
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt050053
IRS990EZ/TotalProgramServiceExpensesAmt047421
IRS990EZ/TotalRevenueAmt080383
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt080332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt080332
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt051
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt080332
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt080332
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt080332
IRS990ScheduleA/TotalSupportAmt080383
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOLF TOURNAMENT OFFICE 2,464 EXPENSES OFFICE EXPENSES 168 NANA WEBBER TRANSPORT 550 FAST COACHING 6,000 SCHOLARSHIPS 4,210 SKI EQUIPMENT/IMPROVEMENT 36,661 TOTAL 50,053
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED ON A NON-PROFIT BASIS TO PROVIDE OPPORTUNITIES FOR INSTRUCTION, COACHING, TRAINING AND ENJOYMENT FOR ALPINE SKIING, SNOWBOARDING, NORDIC SKIING AND OTHER RECREATIONAL ACTIVITIES UNDERTAKEN AT THE TITCOMB MOUNTAIN RECREATION AREA THAT IS OWNED AND OPERATED BY THE MEMBERS OF THE FARMINGTON SKI CLUB. THE FOUNDATION 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 LACK OF FUNDS. THE FOUNDATION SHALL SUPPORT THE DEVELOPMENT OF PROGRAM AND FACILITIES AND PROVIDE EQUIPMENT, SUPPLIES, AND FINANCIAL SUPPORT WHERE NECESSARY IN ORDER TO ACHIEVE THESE PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TITCOMB SKI CLUB EDUCATION FOUNDATION EXISTS TO PROVIDE EDUCATIONAL OPPORTUNITIES AND SCHOLARSHIPS TO SUPPORT ACCESS TO TITCOMB MOUNTAIN SKI AREA. WE CURRENTLY SUPPORT APPROXIMATELY 120 KIDS ANNUALLY FOR VARIOUS LEARN-TO-SKI PROGRAMS AS WELL AS FUND BUS TRANSPORTATION FOR KIDS TO ACCESS THE MOUNTAIN FROM LOCAL SCHOOLS. OUR MAIN FUNDRAISERS INCLUDE THE DUNKIN DONUTS MUG PROGRAM GRANT, THE SNOW DANCE, SKI-A-THON AND GOLF TOURNAMENT. THE FOUNDATION HAS ALSO BEEN THE RECIPIENT OF THE ONION FOUNDATION GRANT TO SUPPORT CAPITAL IMPROVEMENTS TO THE FACILITY AND TO SUPPORT LEARN-TO-SKI AND COMMUNITY FREE SKI EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEREK HAYES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TITCOMB SKI EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TITC
ReturnHeader/Filer/EIN0010366353
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 43
ReturnHeader/Filer/USAddress/CityNm0FARMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004938
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475024213
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDREW K LASLIE CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0130 OAK ST STE 6
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELLSWORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0046051668
ReturnHeader/PreparerPersonGrp/PhoneNum02076696233
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW K LASLIE CPA
ReturnHeader/ReturnTs02017-05-22T11:43:40-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-06-01
ReturnHeader/TaxPeriodEndDt02016-05-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings