Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
EIN 14-1586544 • 501(c)3 • Lake Placid, NY
Profile
The Lake Placid Ski Club administers a local recreational ski program and supports local athletes in their pursuit of national and international competition representing the United States and Lake Placid, New York.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
60th percentile
Higher net margin than 60% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Assets
Up$110,842
Up $9,983 (+9.9%) from 2023
Liabilities
Down$989
Down $235 (-19%) from 2023
Net Assets
Up$109,853
Up $10,218 (+10%) from 2023
Revenue
Up$35,580
Up $5,879 (+20%) from 2023
Expenses
Up$31,582
Up $1,236 (+4.1%) from 2023
Net Income
Up$3,998
Up $4,643 (+720%) from 2023
Most recent year
2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.
The Lake Placid Ski Club adminsters a local recreational ski program and supports local athletes in their pursuit of national and international competition representing the United States and Lake Placid, New York.
After school ski programs in alpine and nordic skiing.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $47,638 | $47,875 | ▲ $237 |
| Cash and Non-Interest-Bearing Accounts | $8,061 | $5,330 | ▼ $2,731 |
| Prepaid Expenses and Deferred Charges | $1,548 | $575 | ▼ $973 |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $57,247 | $53,780 | ▼ $3,467 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Deferred Revenue | $2,050 | $1,975 | ▼ $75 |
| Accounts Payable and Accrued Expenses | $765 | $628 | ▼ $137 |
| Total Liabilities | $2,815 | $2,603 | ▼ $212 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $47,023 | $47,259 | ▲ $236 |
| Permanently Rstr Net Assets | $7,409 | $2,738 | ▼ $4,671 |
| Temporarily Rstr Net Assets | - | $1,180 | - |
| Total Net Assets Fund Balance | $54,432 | $51,177 | ▼ $3,255 |
| Total Liabilities and Net Assets / Fund Balance | $57,247 | $53,780 | ▼ $3,467 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $963 | $963 |
| Name | Title |
|---|---|
| Carol T Hoffman | President |
| Cary Hall | Secretary |
| Carol T Hoffman | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $41,312 |
| Total Fundraising Expense | $4,363 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $1,587 | - | $4,363 | $1,587 |
| Fees for Services Accounting | - | $605 | - | $605 |
| Office Expenses | - | $133 | - | $133 |
| All Other Expenses | - | $75 | - | $75 |
| Total Functional Expenses | $36,136 | $813 | $4,363 | $41,312 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“Electronically distributed”
“Upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
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| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
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| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
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| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 51177 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
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| IRS990/SubjectToProxyTaxInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 53780 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 53780 |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 41312 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 2603 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 51177 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 53780 |
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| IRS990/USAddress/CityNm | 0 | Lake Placid |
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| IRS990/USAddress/ZIPCd | 0 | 12946 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 2 |
| IRS990/VotingMembersIndependentCnt | 0 | 2 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
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| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Carol T Hoffman |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-01-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Lake Placid Ski Club Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAKE |
| ReturnHeader/Filer/EIN | 0 | 141586544 |
| ReturnHeader/Filer/PhoneNum | 0 | 5185232633 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 691 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Lake Placid |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 12946 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Barbara S Dwyer CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5694 Cascade Rd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Lake Placid |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 12946 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5185239892 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Barbara S Dwyer CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2016-01-09T15:55:43-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-09-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-08-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
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