Civic Intelligence

Big Sky Ski Education Foundation

990 • Fiscal year 2017 • EIN 36-3839751

Jul 01, 2016 to Jun 30, 2017 • Filed on Aug 03, 2017

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

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

64th percentile

$46,976

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$229,950

Up $39,336 (+21%) from 2016

Net Assets

Up

$228,317

Up $59,892 (+36%) from 2016

Liabilities

Down

$1,633

Down $20,556 (-93%) from 2016

Revenue

Up

$488,834

Up $103,054 (+27%) from 2016

Expenses

Up

$427,995

Up $51,039 (+14%) from 2016

Net Income

Up

$60,839

Up $52,015 (+589%) from 2016

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

2017

Assets$229,950
Liabilities$1,633
Net Assets$228,317

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

2017

Revenue$488,834
Expenses$427,995
Net Income$60,839
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Aug 3, 2017
Return Version
2016v3.0
Gross Receipts
$534,294
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
Savings and Temporary Cash Investments$43,706$99,153▲ $55,447
Land, Buildings, and Equipment, Net$111,129$80,101▼ $31,028
Cash and Non-Interest-Bearing Accounts$17,675$31,043▲ $13,368
Accounts Receivable$13,280$10,950▼ $2,330
Prepaid Expenses and Deferred Charges$4,824$8,703▲ $3,879
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$190,614$229,950▲ $39,336
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$20,790--
Other Liabilities$1,399$1,633▲ $234
Total Liabilities$22,189$1,633▼ $20,556
Net Assets / Fund Balance
Unrestricted Net Assets$154,135$214,974▲ $60,839
Temporarily Rstr Net Assets$14,290$13,343▼ $947
Total Net Assets Fund Balance$168,425$228,317▲ $59,892
Total Liabilities and Net Assets / Fund Balance$190,614$229,950▲ $39,336

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$44,319$93,944$138,263
Other Land Buildings$26,893$30,056$56,949
Buildings$8,889$3,821$12,710
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy UelandOfficerFT$46,976$46,976

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$47,550
Program Service Revenue
$333,531
Investment Income
$50
Other Revenue
$107,703
All Other Contributions
$43,550
Change in Net Assets
$60,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,168
Salaries, Compensation, and Employee Benefits$198,827
Total Fundraising Expense$518
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$132,943$2,035-$134,978
Insurance$48,631$900-$49,531
Current Officers, Directors, Trustees, and Key Employees$46,976--$46,976
Depreciation Depletion$34,692--$34,692
All Other Expenses$17,263$1,393$518$19,174
Payroll Taxes$16,490$184-$16,674
Travel$8,987--$8,987
Other Expenses$4,468$636-$5,104
Occupancy-$2,750-$2,750
Advertising$2,671--$2,671
Fees for Services Other-$2,367-$2,367
Office Expenses-$910-$910
Fees for Services Accounting-$687-$687
Other Employee Benefits$199--$199
Total Functional Expenses$415,615$11,862$518$427,995
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$140,199
Fundraising Direct Expenses$38,163
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter fundraiser$93,604$93,604$22,373$71,231
Fireworks$20,808$20,808$8,893$11,915
Total Events$132,335$132,335$33,932$98,403
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
Credit Cards Payable$1,708
Rounding$1
Payroll Liabilities$-76
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
2017-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Becker
Formed
1993
Legal Domicile
Mt
Voting Board Members
9
Independent Board Members
8
Employees
38
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 = $5720

Other Changes In Net Assets Or Fund Balances - Other Decreases

Scholarship reserve expenditures = -$6667

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IRS990/OtherExpensesGrp/Desc2Scholarship reserve
IRS990/OtherExpensesGrp/Desc3Telephone
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IRS990/OtherExpensesGrp/ProgramServicesAmt089877
IRS990/OtherExpensesGrp/ProgramServicesAmt16698
IRS990/OtherExpensesGrp/ProgramServicesAmt25720
IRS990/OtherExpensesGrp/ProgramServicesAmt34468
IRS990/OtherExpensesGrp/TotalAmt089877
IRS990/OtherExpensesGrp/TotalAmt16698
IRS990/OtherExpensesGrp/TotalAmt25720
IRS990/OtherExpensesGrp/TotalAmt35104
IRS990/OtherLiabilitiesGrp/BOYAmt01399
IRS990/OtherLiabilitiesGrp/EOYAmt01633
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02035
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0132943
IRS990/OtherSalariesAndWagesGrp/TotalAmt0134978
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0184
IRS990/PayrollTaxesGrp/ProgramServicesAmt016490
IRS990/PayrollTaxesGrp/TotalAmt016674
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04824
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08703
IRS990/PrincipalOfficerNm0Eric Becker
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IRS990/ProgramServiceRevenueGrp/Desc0Camps
IRS990/ProgramServiceRevenueGrp/Desc1Race administration fees
IRS990/ProgramServiceRevenueGrp/Desc2RACE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3Training fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07839
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13966
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2141629
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3180097
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07839
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13966
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2141629
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3180097
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt071697
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt049
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IRS990/PYOtherExpensesAmt0193777
IRS990/PYOtherRevenueAmt034539
IRS990/PYProgramServiceRevenueAmt0279495
IRS990/PYRevenuesLessExpensesAmt08824
IRS990/PYSalariesCompEmpBnftPaidAmt0183179
IRS990/PYTotalExpensesAmt0376956
IRS990/PYTotalRevenueAmt0385780
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt060839
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt043706
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt071697
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt081785
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt037583
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0134790
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0373405
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0-1955
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0135
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0333531
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0279495
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0210599
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0192000
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01210127
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt050
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt084
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0-1637
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0107703
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt036946
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt0234549
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0292384
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0488834
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0266613
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0347589
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01816444
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt08889
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03821
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012710
IRS990ScheduleD/EquipmentGrp/BookValueAmt044319
IRS990ScheduleD/EquipmentGrp/DepreciationAmt093944
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0138263
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026893
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030056
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt056949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01708
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-76
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Cards Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt080101
IRS990ScheduleD/TotalLiabilityAmt01633

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