Civic Intelligence

Big Sky Ski Education Foundation

990 • Fiscal year 2016 • EIN 36-3839751

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 09, 2016

PO Box 160134Big Sky, MT 59716

(406) 993-2773

Siviq Scores

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

Liabilities / Assets

78th percentile

0.12x

Higher debt load relative to assets than 78% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

48th percentile

2.3%

Higher net margin than 48% of similar nonprofits.

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

Top Officer Pay

89th percentile

$39,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

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

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$190,614

Up $19,130 (+11%) from 2015

Net Assets

Up

$168,425

Up $3,114 (+1.9%) from 2015

Liabilities

Up

$22,189

Up $16,016 (+259%) from 2015

Revenue

Up

$385,780

Up $58,152 (+18%) from 2015

Expenses

Up

$376,956

Up $78,396 (+26%) from 2015

Net Income

Down

$8,824

Down $20,244 (-70%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $123,645Liabilities 2013: $2,599Net Assets 2013: $121,0462013Assets 2014: $141,056Liabilities 2014: $4,813Net Assets 2014: $136,2432014Assets 2015: $171,484Liabilities 2015: $6,173Net Assets 2015: $165,3112015Assets 2016: $190,614Liabilities 2016: $22,189Net Assets 2016: $168,4252016Assets 2017: $229,950Liabilities 2017: $1,633Net Assets 2017: $228,3172017Assets 2018: $335,892Liabilities 2018: $13,113Net Assets 2018: $322,7792018Assets 2019: $468,556Liabilities 2019: $111,723Net Assets 2019: $356,8332019Assets 2020: $554,590Liabilities 2020: $135,372Net Assets 2020: $419,2182020Assets 2021: $777,877Liabilities 2021: $152,938Net Assets 2021: $624,9392021Assets 2022: $1,013,238Liabilities 2022: $69,945Net Assets 2022: $943,2932022Assets 2023: $976,379Liabilities 2023: $93,062Net Assets 2023: $883,3172023Assets 2024: $1,090,536Liabilities 2024: $209,614Net Assets 2024: $880,9222024

Highlighted filing

2016

Assets$190,614
Liabilities$22,189
Net Assets$168,425

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $299,0722013Revenue 2014: $266,613Expenses 2014: $251,416Net Income 2014: $15,1972014Revenue 2015: $327,628Expenses 2015: $298,560Net Income 2015: $29,0682015Revenue 2016: $385,780Expenses 2016: $376,956Net Income 2016: $8,8242016Revenue 2017: $488,834Expenses 2017: $427,995Net Income 2017: $60,8392017Revenue 2018: $727,694Expenses 2018: $627,932Net Income 2018: $99,7622018Revenue 2019: $681,777Expenses 2019: $637,658Net Income 2019: $44,1192019Revenue 2020: $773,792Expenses 2020: $711,407Net Income 2020: $62,3852020Revenue 2021: $1,092,855Expenses 2021: $837,134Net Income 2021: $255,7212021Revenue 2022: $1,469,031Expenses 2022: $1,142,059Net Income 2022: $326,9722022Revenue 2023: $1,230,066Expenses 2023: $1,275,042Net Income 2023: -$44,9762023Revenue 2024: $1,306,697Expenses 2024: $1,309,092Net Income 2024: -$2,3952024

Highlighted filing

2016

Revenue$385,780
Expenses$376,956
Net Income$8,824
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 9, 2016
Return Version
2015v2.0
Gross Receipts
$410,606
Mission and Program Overview

Mission

Big Sky Ski Education Foundation offers competitive Alpine, Freeride, and Nordic skiing programs.

Ski race training & racing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$69,342$111,129▲ $41,787
Savings and Temporary Cash Investments$53,038$43,706▼ $9,332
Cash and Non-Interest-Bearing Accounts$9,408$17,675▲ $8,267
Accounts Receivable$9,226$13,280▲ $4,054
Prepaid Expenses and Deferred Charges$30,470$4,824▼ $25,646
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$171,484$190,614▲ $19,130
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$5,548$20,790▲ $15,242
Other Liabilities$625$1,399▲ $774
Total Liabilities$6,173$22,189▲ $16,016
Net Assets / Fund Balance
Unrestricted Net Assets$145,311$154,135▲ $8,824
Temporarily Rstr Net Assets$20,000$14,290▼ $5,710
Total Net Assets Fund Balance$165,311$168,425▲ $3,114
Total Liabilities and Net Assets / Fund Balance$171,484$190,614▲ $19,130

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$55,579$79,020$134,599
Other Land Buildings$45,876$11,073$56,949
Buildings$9,674$3,036$12,710
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy UelandOfficerFT$39,000$39,000

Board Members and Trustees

NameTitle
Eric BeckerPresident
Andrew SchreinerDirector
Kristen BrownDirector
Peter BedellDirector
Ross PfohlDirector
Jeff St CyrSecretary
Marjorie KnaubTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$71,697
Program Service Revenue
$279,495
Investment Income
$49
Other Revenue
$34,539
All Other Contributions
$58,697
Change in Net Assets
$8,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,777
Salaries, Compensation, and Employee Benefits$183,179
Total Fundraising Expense$1,141
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$126,586$2,080-$128,666
Insurance$45,437$900-$46,337
Current Officers, Directors, Trustees, and Key Employees$39,000--$39,000
Depreciation Depletion$26,531--$26,531
All Other Expenses$21,808$1,000-$22,808
Payroll Taxes$15,320$193-$15,513
Travel$10,069--$10,069
Other Expenses$5,339$602-$5,339
Occupancy-$5,000-$5,000
Advertising-$3,463$1,141$4,604
Fees for Services Other$4,426--$4,426
Fees for Services Accounting-$465-$465
Office Expenses$395--$395
Total Functional Expenses$362,112$13,703$1,141$376,956
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$57,325
Fundraising Direct Expenses$18,842
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fireworks$19,769$19,769$11,925$7,844
Winter fundraiser$18,685$18,685$3,115$15,570
Total Events$46,819$46,819$15,246$31,573
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$742
Credit Cards Payable$657
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

There are no formal committee meetings. All action is documented by the board meeting minutes.

Form 990, Part VI, Line 11B: Form 990 Review Process

The board reviews the 990 prior to submission.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The board reviews the monthly financial information and is aware of any conflicts of interest due to the small size and nature of the organization.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board reviews the program director's compensation annually.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available upon request and maintained at the BSSEF offices. Board meetings are open to the public where monthly financial information is disclosed.

Filing and Contact Details

Filer

Filer Name
Big Sky Ski Education Foundation
EIN
36-3839751
Phone
4069932773
Address
PO BOX 160134, BIG SKY, MT 59716

Signing Officer

Name
Marjorie Knaub
Title
Treasurer
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Becker
Formed
1993
Legal Domicile
Mt
Voting Board Members
8
Independent Board Members
7
Employees
32
Volunteers
30

Preparer

Firm
Knaub and Company Pc
Address
PO BOX 161030, BIG SKY, MT 59716
Preparer
Marjorie L Knaub
Phone
4069956040
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Scholarship reserve additions = $2700

Other Changes In Net Assets Or Fund Balances - Other Decreases

Scholarship reserve expenditures = -$8410

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