Civic Intelligence

Directors' Invitational Ski Classic

EIN 36-3255903 • 501(c)3 • Basalt, CO

Profile

The purpose of the corporation is to foster national or international amateur sport competition and education. To further such purpose the corporation shall promote ski education and training and shall hold competitive ski meets. The proceeds of donations and registration fees are donated to various ski-related charitable organizations.

325 B Summerset WayBasalt, CO 81621

www.directorscup.com

Siviq Scores

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

Liabilities / Assets

88th percentile

0.61x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.49x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

34th percentile

-3.0%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-12%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

313%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$275,535

Down $52,858 (-16%) from 2024

Liabilities

Down

$137,500

Down $117,172 (-46%) from 2024

Net Assets

Up

$138,035

Up $64,314 (+87%) from 2024

Operations
Liabilities / Revenue87th percentileNet Margin34th percentile

Revenue

Down

$165,697

Down $68,715 (-29%) from 2024

Expenses

Down

$89,819

Down $140,558 (-61%) from 2024

Net Income

Up

$75,878

Up $71,843 (+1780%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$400K$300K$200K$100K$0Assets 2011: $5,549Liabilities 2011: $4,500Net Assets 2011: $1,0492011Assets 2012: $32,918Liabilities 2012: $0Net Assets 2012: $32,9182012Assets 2013: $24,933Liabilities 2013: $10,996Net Assets 2013: $13,9372013Assets 2014: $3,908Liabilities 2014: $175Net Assets 2014: $3,7332014Assets 2015: $195,269Liabilities 2015: $9,001Net Assets 2015: $186,2682015Assets 2016: $97,196Liabilities 2016: $35,403Net Assets 2016: $61,7932016Assets 2017: $249,161Liabilities 2017: $182,840Net Assets 2017: $66,3212017Assets 2018: $209,785Liabilities 2018: $95,824Net Assets 2018: $113,9612018Assets 2019: $81,821Liabilities 2019: $51,179Net Assets 2019: $30,6422019Assets 2020: $72,244Liabilities 2020: $44,300Net Assets 2020: $27,9442020Assets 2021: $104,786Liabilities 2021: $84,594Net Assets 2021: $20,1922021Assets 2022: $90,184Liabilities 2022: $29,688Net Assets 2022: $60,4962022Assets 2023: $199,413Liabilities 2023: $129,727Net Assets 2023: $69,6862023Assets 2024: $328,393Liabilities 2024: $254,672Net Assets 2024: $73,7212024Assets 2025: $275,535Liabilities 2025: $137,500Net Assets 2025: $138,0352025

Highlighted filing

2025

Assets$275,535
Liabilities$137,500
Net Assets$138,035
Open 2025 Filing

Operations Trend

Revenue Growth98th percentile

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

$300K$200K$100K$0-$100K-$200KExpenses 2011: $51,2472011Expenses 2012: $45,0002012Expenses 2013: $55,0002013Revenue 2014: $86,296Expenses 2014: $96,500Net Income 2014: -$10,2042014Revenue 2015: $269,535Expenses 2015: $87,000Net Income 2015: $182,5352015Revenue 2016: -$20,975Expenses 2016: $103,500Net Income 2016: -$124,4752016Revenue 2017: $45,528Expenses 2017: $41,000Net Income 2017: $4,5282017Revenue 2018: $136,374Expenses 2018: $88,734Net Income 2018: $47,6402018Revenue 2019: $21,760Expenses 2019: $105,079Net Income 2019: -$83,3192019Revenue 2020: $89,802Expenses 2020: $92,500Net Income 2020: -$2,6982020Revenue 2021: -$4,839Expenses 2021: $0Net Income 2021: -$4,8392021Revenue 2022: $195,256Expenses 2022: $154,952Net Income 2022: $40,3042022Revenue 2023: $74,190Expenses 2023: $65,000Net Income 2023: $9,1902023Revenue 2024: $234,412Expenses 2024: $230,377Net Income 2024: $4,0352024Revenue 2025: $165,697Expenses 2025: $89,819Net Income 2025: $75,8782025

Highlighted filing

2025

Revenue$165,697
Expenses$89,819
Net Income$75,878
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$275,535
Liabilities
$137,500
Net assets
$138,035
Revenue
$165,697
Expenses
$89,819
Net income
$75,878
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.76$1.38$1.38$1.66$0.90$0.76
2024Detailed filing. Detailed filing data is available for this year.$3.28$2.55$0.74$2.34$2.30$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.99$1.30$0.70$0.74$0.65$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.30$0.60$1.95$1.55$0.40
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.85$0.20$0.05$0.00$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.44$0.28$0.90$0.93$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.51$0.31$0.22$1.05$0.83
2018Detailed filing. Detailed filing data is available for this year.$2.10$0.96$1.14$1.36$0.89$0.48
2017Detailed filing. Detailed filing data is available for this year.$2.49$1.83$0.66$0.46$0.41$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.97$0.35$0.62$0.21$1.04$1.24
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.09$1.86$2.70$0.87$1.83
2014Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.86$0.97$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.11$0.14$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.05$0.01$0.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 14, 2026
Return Version
2024v5.0
Gross Receipts
$664,843
Mission and Program Overview

Mission

The purpose of the corporation is to foster national or international amateur sport competition and education. To further such purpose the corporation shall promote ski education and training and shall hold competitive ski meets. The proceeds of donations and registration fees are donated to various ski-related charitable organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$298,280$227,302▼ $70,978
Prepaid Expenses and Deferred Charges$26,440$44,233▲ $17,793
Accounts Receivable$3,673$4,000▲ $327
Total Assets$328,393$275,535▼ $52,858
Liabilities
Other Liabilities$239,286$137,420▼ $101,866
Accounts Payable and Accrued Expenses$15,386$80▼ $15,306
Total Liabilities$254,672$137,500▼ $117,172
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$73,721$138,035▲ $64,314
Total Net Assets Fund Balance$73,721$138,035▲ $64,314
Total Liabilities and Net Assets / Fund Balance$328,393$275,535▼ $52,858
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Hamilton KristenChairman
Boland Daniel RBoard Mbr/vi
Beaumier StephanieBoard Member
Carroll EmilyBoard Member
Chihuly LeslieBoard Member
Dusek ChristineBoard Member
Gordon GrayBoard Member
Hausman KenBoard Member
Hendricks ChristianBoard Member
Huang ThomasBoard Member
Mack PeterBoard Member
Riegsecker ShawnBoard Member
Sleeper KyleBoard Member
Steigler ResiBoard Member
Stone JenniferBoard Member
Stone Kevin RBoard Member
Tschudi Lawrence SolveigBoard Member
Tschudi OttoBoard Member
Wick TylerBoard Member
Yates-mack BarrettBoard Member
Nyman SteveBoard Memebe
Bobbi ArmstrongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$355,554
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-189,857
All Other Contributions
$310,554
Change in Net Assets
$75,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$89,819
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$84,819--$84,819
Grants to Domestic Individuals$5,000--$5,000
Total Functional Expenses$89,819$0$0$89,819
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
US Ski & SnowboardPark City, UT501c3Operations$37,500
Telleuride Ski & Snowboard ClubTelluride, CO501c3Operations$10,000
Colorado GivesArvada, CO501c3Operations$8,319
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$499,146
Fundraising Gross Income$309,289
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pro Am Ski Race$354,289$309,289$391,238$-81,949
Total Events$354,289$309,289$499,146$-189,857
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Race Entries$137,420
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“Board members review an electronic copy of the 990 prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
DIRECTORS' INVITATIONAL SKI CLASSIC
EIN
36-3255903
Phone
9706185750
Address
325 B SUMMERSET WAY, BASALT, CO 81621

Signing Officer

Name
Bobbi Armstrong
Title
Treasurer
Phone
9706185750
Signed
2026-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bobbi Armstrong
Formed
1983
Legal Domicile
De
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
19

Preparer

Firm
Vantage Group Accounting
Address
3152 S BOWN WAY 104, BOISE, ID 83706
Preparer
Christy a Mcpherson CPA
Phone
2087262741
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The purpose of the corporation is to foster national or international amateur sport competition and education. To further such purpose the corporation shall promote ski education and training and shall hold competitive ski meets. The proceeds of donations and registration fees are donated to various ski-related charitable organizations.”

Form 990, Part XI, Line 9

“Re balance adjustment -3,672 opening balance equity -7,892 total -11,564”

Raw XML AppendixShowing 400 of 474 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.

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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CHAIRMAN OF THE BOARD DECIDES THE EVENT LOCATION. THE EVENT BENEFICIARY IS PROPOSED AND VOTED ON BY THE BOARD AT THE ANNUAL BOARD MEETING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE CORPORATION IS TO FOSTER NATIONAL OR INTERNATIONAL AMATEUR SPORT COMPETITION AND EDUCATION. TO FURTHER SUCH PURPOSE THE CORPORATION SHALL PROMOTE SKI EDUCATION AND TRAINING AND SHALL HOLD COMPETITIVE SKI MEETS. THE PROCEEDS OF DONATIONS AND REGISTRATION FEES ARE DONATED TO VARIOUS SKI-RELATED CHARITABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS REVIEW AN ELECTRONIC COPY OF THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RE BALANCE ADJUSTMENT -3,672 OPENING BALANCE EQUITY -7,892 TOTAL -11,564
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 19

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