Civic Intelligence

Ski Gull Inc.

990 • Fiscal year 2015 • EIN 36-3413178

May 01, 2014 to Apr 30, 2015 • Filed on Jul 30, 2015

PO Box 612Nisswa, MN 56468

(218) 963-4353

Siviq Scores

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

Liabilities / Assets

66th percentile

0.15x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

65th percentile

0.11x

Higher debt load relative to revenue than 65% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

56th percentile

$29,412

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

60th percentile

4.6%

Faster asset growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$462,905

Up $20,514 (+4.6%) from 2014

Net Assets

Up

$394,486

Up $93,855 (+31%) from 2014

Liabilities

Down

$68,419

Down $73,341 (-52%) from 2014

Revenue

Up

$604,873

Up $55,925 (+10%) from 2014

Expenses

Up

$511,018

Up $13,677 (+2.8%) from 2014

Net Income

Up

$93,855

Up $42,248 (+82%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $305,509Liabilities 2011: $241,596Net Assets 2011: $63,9132011Assets 2013: $425,671Liabilities 2013: $176,647Net Assets 2013: $249,0242013Assets 2014: $442,391Liabilities 2014: $141,760Net Assets 2014: $300,6312014Assets 2015: $462,905Liabilities 2015: $68,419Net Assets 2015: $394,4862015Assets 2016: $539,703Liabilities 2016: $87,661Net Assets 2016: $452,0422016Assets 2017: $643,707Liabilities 2017: $95,266Net Assets 2017: $548,4412017Assets 2018: $613,817Liabilities 2018: $96,653Net Assets 2018: $517,1642018Assets 2019: $631,557Liabilities 2019: $58,770Net Assets 2019: $572,7872019Assets 2020: $1,087,655Liabilities 2020: $51,425Net Assets 2020: $1,036,2302020Assets 2021: $1,633,652Liabilities 2021: $92,813Net Assets 2021: $1,540,8392021Assets 2022: $2,074,513Liabilities 2022: $404,634Net Assets 2022: $1,669,8792022Assets 2023: $2,246,967Liabilities 2023: $438,092Net Assets 2023: $1,808,8752023Assets 2024: $2,110,562Liabilities 2024: $472,087Net Assets 2024: $1,638,4752024

Highlighted filing

2015

Assets$462,905
Liabilities$68,419
Net Assets$394,486

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $445,5382011Expenses 2013: $520,5782013Revenue 2014: $548,948Expenses 2014: $497,341Net Income 2014: $51,6072014Revenue 2015: $604,873Expenses 2015: $511,018Net Income 2015: $93,8552015Revenue 2016: $495,097Expenses 2016: $437,541Net Income 2016: $57,5562016Revenue 2017: $522,014Expenses 2017: $425,615Net Income 2017: $96,3992017Revenue 2018: $581,684Expenses 2018: $612,961Net Income 2018: -$31,2772018Revenue 2019: $713,337Expenses 2019: $657,714Net Income 2019: $55,6232019Revenue 2020: $898,451Expenses 2020: $745,755Net Income 2020: $152,6962020Revenue 2021: $988,717Expenses 2021: $713,903Net Income 2021: $274,8142021Revenue 2022: $1,067,646Expenses 2022: $786,291Net Income 2022: $281,3552022Revenue 2023: $1,127,395Expenses 2023: $903,261Net Income 2023: $224,1342023Revenue 2024: $747,468Expenses 2024: $914,066Net Income 2024: -$166,5982024

Highlighted filing

2015

Revenue$604,873
Expenses$511,018
Net Income$93,855
Jump To
Filing Snapshot
Filing Period
May 1, 2014 to Apr 30, 2015
Signed
Jul 30, 2015
Return Version
2014v5.0
Gross Receipts
$605,614
Mission and Program Overview

Mission

Promote civic involvement, tourism, and public awareness of winter activities to the area, to operate a no-charge youth downhill skiing facility, enable less fortunate people to experience a winter activity, and support the community by providing employment.

Educate the public on downhill and cross country skiing and enable less fortunate people the opportunity to learn these activities. Promote civic involvement, tourism, and public welfare by providing winter activities to the area. Operation of a no-charge youth skiing program while supporting the area economic well-being by providing winter employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$250,304$256,531▲ $6,227
Cash and Non-Interest-Bearing Accounts$184,754$201,029▲ $16,275
Prepaid Expenses and Deferred Charges$4,007$4,103▲ $96
Inventories for Sale or Use$3,326$1,242▼ $2,084
Total Assets$442,391$462,905▲ $20,514
Liabilities
Deferred Revenue$29,774$34,005▲ $4,231
Other Liabilities$96,701$16,923▼ $79,778
Accounts Payable and Accrued Expenses$11,505$11,842▲ $337
Grants Payable$3,780$5,649▲ $1,869
Total Liabilities$141,760$68,419▼ $73,341
Net Assets / Fund Balance
Unrestricted Net Assets$300,631$394,486▲ $93,855
Total Net Assets Fund Balance$300,631$394,486▲ $93,855
Total Liabilities and Net Assets / Fund Balance$442,391$462,905▲ $20,514

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$256,531$1,295,773$1,552,304
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dale BoschExecutive DiFT$25,962$3,450$29,412

Board Members and Trustees

NameTitle
Bart TaylorPresident
Adam KalenbergDirector
Brett CoteDirector
Ellen FrankDirector
Ginny KnudsonDirector
John LinnDirector
John McguireDirector
Kevin LarsonDirector
Phil SaariDirector
Shana KrantzSecretary
Steve FrankTreasurer
Sean KaneskiVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$160,813
Program Service Revenue
$438,929
Investment Income
$67
Other Revenue
$5,064
All Other Contributions
$160,813
Change in Net Assets
$93,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$306,163
Salaries, Compensation, and Employee Benefits$204,855
Total Fundraising Expense$22,399
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$142,380$17,797$17,797$177,974
Occupancy$65,822--$65,822
Insurance$61,864$3,256-$65,120
Depreciation Depletion$43,723--$43,723
Payroll Taxes$21,505$2,688$2,688$26,881
Office Expenses$17,755$2,065$814$20,634
Fees for Services Legal$14,354$1,595-$15,949
Advertising$9,296-$190$9,486
Conferences and Meetings$5,727$1,432-$7,159
Payments to Affiliates$2,499--$2,499
Interest$1,392--$1,392
Other Expenses$1,212$13$106$1,331
All Other Expenses$252--$252
Total Functional Expenses$458,634$29,985$22,399$511,018
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,805
Fundraising Direct Expenses$741
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable - Stumvoll Excavating$16,923
A.e. Mcquinn Sept 2011-
Loan Payable - Blackridge 42138-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

Form 990 is reviewed by one or more board members prior to filing the return.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Ski Gull Inc
EIN
36-3413178
Address
PO BOX 612, NISSWA, MN 56468

Signing Officer

Name
Dale Bosch
Title
Executive Director
Signed
2015-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dale Bosch
Voting Board Members
13
Independent Board Members
13
Employees
49

Preparer

Firm
B Johnson & Assoc Ltd
Address
11610 ANDREW ST, BRAINERD, MN 56401
Preparer
Christopher B Ford CPA
Phone
2188293501
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Educate the public on downhill and cross country skiing and enable less fortunate people the opportunity to learn these activities. Promote civic involvement, tourism, and public welfare by providing winter activities to the area. Operation of a no-charge youth skiing program while supporting the area economic well-being by providing winter employment.

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IRS990/PYTotalExpensesAmt0497341
IRS990/PYTotalRevenueAmt0548948
IRS990/ReconcilationRevenueExpnssAmt093855
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IRS990/ReportOtherAssetsInd0false
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0223
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0428628
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01552304
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016923
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE - STUMVOLL EXCAVATING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1A.E. MCQUINN SEPT 2011
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOAN PAYABLE - BLACKRIDGE 42138
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IRS990ScheduleD/TotalLiabilityAmt016923
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATE THE PUBLIC ON DOWNHILL AND CROSS COUNTRY SKIING AND ENABLE LESS FORTUNATE PEOPLE THE OPPORTUNITY TO LEARN THESE ACTIVITIES. PROMOTE CIVIC INVOLVEMENT, TOURISM, AND PUBLIC WELFARE BY PROVIDING WINTER ACTIVITIES TO THE AREA. OPERATION OF A NO-CHARGE YOUTH SKIING PROGRAM WHILE SUPPORTING THE AREA ECONOMIC WELL-BEING BY PROVIDING WINTER EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY ONE OR MORE BOARD MEMBERS PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
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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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalOtherCompensationAmt03450
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IRS990/TotalProgramServiceRevenueAmt0438929
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0442391
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0300631
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IRS990/UponRequestInd0X
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.47$1.64$0.75$0.91$0.17
2023Detailed filing. Detailed filing data is available for this year.$2.25$0.44$1.81$1.13$0.90$0.22
2022Detailed filing. Detailed filing data is available for this year.$2.07$0.40$1.67$1.07$0.79$0.28
2021Detailed filing. Detailed filing data is available for this year.$1.63$0.09$1.54$0.99$0.71$0.27
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.05$1.04$0.90$0.75$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.06$0.57$0.71$0.66$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.61$0.10$0.52$0.58$0.61$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.10$0.55$0.52$0.43$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.09$0.45$0.50$0.44$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.07$0.39$0.60$0.51$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.14$0.30$0.55$0.50$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.18$0.25$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.24$0.06$0.45