Civic Intelligence

Copper Peak Inc.

990 • Fiscal year 2024 • EIN 38-6116805

Apr 01, 2023 to Mar 31, 2024 • Filed on Feb 10, 2025

PO Box 159Ironwood, MI 49938

(906) 364-2653

Siviq Scores

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

Liabilities / Assets

46th percentile

0.04x

Higher debt load relative to assets than 46% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.07x

Higher debt load relative to revenue than 48% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

91st percentile

60%

Faster asset growth than 91% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

159%

Faster revenue growth than 94% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,894,162

Up $711,910 (+60%) from 2023

Net Assets

Up

$1,813,807

Up $839,349 (+86%) from 2023

Liabilities

Down

$80,355

Down $127,439 (-61%) from 2023

Revenue

Up

$1,160,510

Up $712,138 (+159%) from 2023

Expenses

Down

$321,161

Down $114,804 (-26%) from 2023

Net Income

Up

$839,349

Up $826,942 (+6665%) from 2023

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: $492,876Net Assets 2011: $492,8762011Assets 2012: $512,229Liabilities 2012: $0Net Assets 2012: $512,2292012Assets 2013: $486,371Liabilities 2013: $0Net Assets 2013: $486,3712013Assets 2014: $494,045Liabilities 2014: $25,000Net Assets 2014: $469,0452014Assets 2015: $505,024Liabilities 2015: $0Net Assets 2015: $505,0242015Assets 2016: $507,601Liabilities 2016: $50,000Net Assets 2016: $457,6012016Assets 2017: $680,146Liabilities 2017: $160,564Net Assets 2017: $519,5822017Assets 2018: $1,083,792Liabilities 2018: $499,564Net Assets 2018: $584,2282018Assets 2019: $992,823Liabilities 2019: $343,092Net Assets 2019: $649,7312019Assets 2020: $1,007,667Liabilities 2020: $318,520Net Assets 2020: $689,1472020Assets 2021: $1,112,120Liabilities 2021: $288,490Net Assets 2021: $823,6302021Assets 2022: $1,219,671Liabilities 2022: $244,458Net Assets 2022: $975,2132022Assets 2023: $1,182,252Liabilities 2023: $207,794Net Assets 2023: $974,4582023Assets 2024: $1,894,162Liabilities 2024: $80,355Net Assets 2024: $1,813,8072024Assets 2025: $2,226,289Liabilities 2025: $2,173Net Assets 2025: $2,224,1162025

Highlighted filing

2024

Assets$1,894,162
Liabilities$80,355
Net Assets$1,813,807

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $54,114Expenses 2011: $43,014Net Income 2011: $11,1002011Expenses 2012: $95,3182012Revenue 2013: $78,514Expenses 2013: $104,372Net Income 2013: -$25,8582013Revenue 2014: $133,813Expenses 2014: $151,139Net Income 2014: -$17,3262014Revenue 2015: $127,209Expenses 2015: $91,230Net Income 2015: $35,9792015Revenue 2016: $129,780Expenses 2016: $177,203Net Income 2016: -$47,4232016Revenue 2017: $178,429Expenses 2017: $116,448Net Income 2017: $61,9812017Revenue 2018: $221,987Expenses 2018: $157,341Net Income 2018: $64,6462018Revenue 2019: $366,492Expenses 2019: $300,989Net Income 2019: $65,5032019Revenue 2020: $297,081Expenses 2020: $257,665Net Income 2020: $39,4162020Revenue 2021: $305,236Expenses 2021: $170,753Net Income 2021: $134,4832021Revenue 2022: $346,742Expenses 2022: $195,159Net Income 2022: $151,5832022Revenue 2023: $448,372Expenses 2023: $435,965Net Income 2023: $12,4072023Revenue 2024: $1,160,510Expenses 2024: $321,161Net Income 2024: $839,3492024Revenue 2025: $1,463,328Expenses 2025: $264,032Net Income 2025: $1,199,2962025

Highlighted filing

2024

Revenue$1,160,510
Expenses$321,161
Net Income$839,349
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Feb 10, 2025
Return Version
2023v6.0
Gross Receipts
$1,160,510
Mission and Program Overview

Mission

We are on a mission to revive copper peak as the ultimate ski jump destination. Our goal is to bring together winter and summer competitions, representing michigan's upper peninsula and the surrounding region as a global hub for outdoor recreation.

PROMOTE SKI FLYING.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$993,879$993,879→ $0
Cash and Non-Interest-Bearing Accounts$178,820$252,171▲ $73,351
Inventories for Sale or Use$9,553$9,553→ $0
Total Assets$1,182,252$1,894,162▲ $711,910
Other Assets Total$0$638,559▲ $638,559
Liabilities
Unsecured Notes Loans Payable$61,639$43,124▼ $18,515
Mortgage Notes Payable Secured by Investment Property$146,155$36,488▼ $109,667
Accounts Payable and Accrued Expenses$0$743▲ $743
Total Liabilities$207,794$80,355▼ $127,439
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$974,458$1,059,284▲ $84,826
Net Assets With Donor Restrictions-$754,523-
Total Net Assets Fund Balance$974,458$1,813,807▲ $839,349
Total Liabilities and Net Assets / Fund Balance$1,182,252$1,894,162▲ $711,910

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$679,201-$679,201
Land$195,000-$195,000
Buildings$119,678-$119,678
Other Assets Org$638,559--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert JacquartPresident
James DurkeeVice President
Carl LeviBoard Member
Charles SupercynskiBoard Member
John HalversonBoard Member
Lori BoothBoard Member
Michael KuszBoard Member
Russel JohnsonBoard Member
Steve TizianiBoard Member
Yolanda LozanoBoard Member
Gary KuszSecretary
Morgan GrassoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Barr Engineering CoEngineering3033 ORCHARD VISTA DR SE STE 200, Grand Rapids, MI 49546$273,792
Revenue and Support

Revenue Composition

Contributions and Grants
$806,479
Program Service Revenue
$354,031
Investment Income
$0
Other Revenue
$0
All Other Contributions
$51,298
Change in Net Assets
$839,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$213,368
Salaries, Compensation, and Employee Benefits$107,793
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,046--$98,046
Advertising$57,689--$57,689
Fees for Services Lobbying$49,161--$49,161
Occupancy$49,057--$49,057
Insurance$15,214$1,130-$16,344
Office Expenses$6,561$3,930-$10,491
Payroll Taxes$9,747--$9,747
Interest-$8,404-$8,404
Fees for Services Accounting-$8,270-$8,270
Travel$5,439$497-$5,936
Information Technology-$2,499-$2,499
Other Expenses$1,694--$1,694
Total Functional Expenses$296,431$24,730$0$321,161
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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, Part VI, Section A, Line 6

Members can join by paying dues.

Form 990, Part VI, Section A, Line 7A

Members elect officers to conduct business.

Form 990, Part VI, Section B, Line 11B

The board of directors receives a summary.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Copper Peak Inc
EIN
38-6116805
Phone
9063642653
Address
PO BOX 159, IRONWOOD, MI 49938

Signing Officer

Name
Morgan Grasso
Title
Treasurer
Phone
9063642653
Signed
2025-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Morgan Grasso
Formed
1970
Legal Domicile
Mi
Voting Board Members
16
Independent Board Members
16
Employees
12
Volunteers
22

Preparer

Firm
Rehmann Robson LLC
Address
MILLIKEN PLACE 107 S CASS STE A, TRAVERSE CITY, MI 49684
Preparer
Jeffrey E Hert CPA
Phone
2319463230
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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/PYTotalRevenueAmt0448372
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0839349
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0354031
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt025000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt025000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0806479
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03060
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03641
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06010
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0820643
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0354031
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0294995
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0343620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0301595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0288381
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01582622
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98960
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02378265
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt025000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt025000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01160510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0298055
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0345073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0305236
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0294391
IRS990ScheduleA/Total509Grp/TotalAmt02403265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01160510
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0298055
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0345073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0305236
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0294391
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02403265
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsInd00
IRS990ScheduleC/GrantsOtherOrganizationsAmt049161
IRS990ScheduleC/GrantsOtherOrganizationsInd01
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd00
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0COPPER PEAK IS LOBBYING AT THE STATE LEVEL FOR GRANTS TO HELP REDEVELOP A SKI JUMPING HILL INTO ONE OF THE LARGEST IN THE WORLD DESIGNATED BY THE INTERNATIONAL SKI FEDERATION. THE REDEVELOPMENT WILL ALLOW COPPER PEAK TO HOST YEAR-ROUND SKI JUMPING COMPETITIONS AND TRAINING, ATTRACTING MORE VISITORS WORLDWIDE.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt049161
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0119678
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0119678
IRS990ScheduleD/EquipmentGrp/BookValueAmt0679201
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0679201
IRS990ScheduleD/LandGrp/BookValueAmt0195000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0195000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0638559
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGESS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0993879
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0638559
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS CAN JOIN BY PAYING DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT OFFICERS TO CONDUCT BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS RECEIVES A SUMMARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01182252
IRS990/TotalAssetsEOYAmt01894162
IRS990/TotalAssetsGrp/BOYAmt01182252
IRS990/TotalAssetsGrp/EOYAmt01894162
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0806479
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024730
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0296431
IRS990/TotalFunctionalExpensesGrp/TotalAmt0321161
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0207794
IRS990/TotalLiabilitiesEOYAmt080355
IRS990/TotalLiabilitiesGrp/BOYAmt0207794
IRS990/TotalLiabilitiesGrp/EOYAmt080355
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0974458
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01813807
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0296431
IRS990/TotalProgramServiceRevenueAmt0354031
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0354031
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01160510
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt022
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01182252
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01894162
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0497
IRS990/TravelGrp/ProgramServicesAmt05439
IRS990/TravelGrp/TotalAmt05936
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt061639
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt043124

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.00$2.22$1.46$0.26$1.20
2024Detailed filing. Detailed filing data is available for this year.$1.89$0.08$1.81$1.16$0.32$0.84
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.21$0.97$0.45$0.44$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.24$0.98$0.35$0.20$0.15
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.11$0.29$0.82$0.31$0.17$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.32$0.69$0.30$0.26$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.34$0.65$0.37$0.30$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.50$0.58$0.22$0.16$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.16$0.52$0.18$0.12$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.05$0.46$0.13$0.18$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.00$0.51$0.13$0.09$0.04
2014Summary only. Only limited summary data is available for this year.$0.49$0.03$0.47$0.13$0.15$0.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.49$0.00$0.49$0.08$0.10$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.49$0.05$0.04$0.01