Civic Intelligence

Midwest Ski Otter Water Ski Club

EIN 41-1804640 • 501(c)3 • White Bear Lake, MN

Profile

Fostering national or international amateur sports competition in show skiing.

PO Box 10693White Bear Lake, MN 55110

www.skiotter.com

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

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

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

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

Net Margin

49th percentile

4.0%

Higher net margin than 49% of similar nonprofits.

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.

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

Asset Growth

49th percentile

3.0%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

42nd percentile

2.9%

Faster revenue growth than 42% of similar nonprofits.

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

Assets

Up

$174,682

Up $5,106 (+3.0%) from 2023

Liabilities

Down

$602

Down $197 (-25%) from 2023

Net Assets

Up

$174,080

Up $5,303 (+3.1%) from 2023

Revenue

Up

$132,003

Up $3,692 (+2.9%) from 2023

Expenses

Up

$126,700

Up $30,065 (+31%) from 2023

Net Income

Down

$5,303

Down $26,373 (-83%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $34,656Liabilities 2013: $750Net Assets 2013: $33,9062013Assets 2014: $27,321Liabilities 2014: $486Net Assets 2014: $26,8352014Assets 2015: $30,673Liabilities 2015: $0Net Assets 2015: $30,6732015Assets 2016: $31,339Liabilities 2016: $0Net Assets 2016: $31,3392016Assets 2017: $36,956Liabilities 2017: $0Net Assets 2017: $36,9562017Assets 2018: $48,685Liabilities 2018: $0Net Assets 2018: $48,6852018Assets 2019: $71,860Liabilities 2019: $321Net Assets 2019: $71,5392019Assets 2020: $87,896Liabilities 2020: $0Net Assets 2020: $87,8962020Assets 2021: $138,934Liabilities 2021: $616Net Assets 2021: $138,3182021Assets 2022: $137,529Liabilities 2022: $428Net Assets 2022: $137,1012022Assets 2023: $169,576Liabilities 2023: $799Net Assets 2023: $168,7772023Assets 2024: $174,682Liabilities 2024: $602Net Assets 2024: $174,0802024

Highlighted filing

2024

Assets$174,682
Liabilities$602
Net Assets$174,080

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $32,659Expenses 2013: $21,884Net Income 2013: $10,7752013Revenue 2014: $16,453Expenses 2014: $23,584Net Income 2014: -$7,1312014Revenue 2015: $60,240Expenses 2015: $56,402Net Income 2015: $3,8382015Revenue 2016: $41,610Expenses 2016: $40,944Net Income 2016: $6662016Revenue 2017: $79,743Expenses 2017: $74,126Net Income 2017: $5,6172017Revenue 2018: $70,579Expenses 2018: $58,850Net Income 2018: $11,7292018Revenue 2019: $85,213Expenses 2019: $62,359Net Income 2019: $22,8542019Revenue 2020: $37,306Expenses 2020: $20,949Net Income 2020: $16,3572020Revenue 2021: $103,545Expenses 2021: $53,123Net Income 2021: $50,4222021Revenue 2022: $122,263Expenses 2022: $123,480Net Income 2022: -$1,2172022Revenue 2023: $128,311Expenses 2023: $96,635Net Income 2023: $31,6762023Revenue 2024: $132,003Expenses 2024: $126,700Net Income 2024: $5,3032024

Highlighted filing

2024

Revenue$132,003
Expenses$126,700
Net Income$5,303

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 17, 2025
Return Version
2024v5.1
Gross Receipts
$1,600,659
Mission and Program Overview

Mission

Fostering national or international amateur sports competition in show skiing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$168,777$174,080▲ $5,303
Land, Buildings, and Equipment, Net$54,434$93,901▲ $39,467
Cash and Non-Interest-Bearing Accounts$105,142$75,781▼ $29,361
Prepaid Expenses and Deferred Charges$10,000$5,000▼ $5,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$169,576$174,682▲ $5,106
Liabilities
Accounts Payable and Accrued Expenses$799$602▼ $197
Total Liabilities$799$602▼ $197
Net Assets / Fund Balance
Total Net Assets Fund Balance$168,777$174,080▲ $5,303
Total Liabilities and Net Assets / Fund Balance$169,576$174,682▲ $5,106

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$93,901$174,663$268,564
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$59,289
Program Service Revenue
$50,205
Investment Income
$14,000
Other Revenue
$8,509
All Other Contributions
$59,289
Change in Net Assets
$5,303
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,700
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$25,533--$25,533
Conferences and Meetings$7,301--$7,301
Office Expenses$4,529$1,510-$6,039
Other Expenses$5,832--$5,832
Occupancy$3,313--$3,313
Advertising$1,185--$1,185
Insurance$588--$588
All Other Expenses$-3,664--$-3,664
Total Functional Expenses$125,190$1,510$0$126,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$1,465,575
Gaming Gross Income$1,460,968
Fundraising Gross Income$16,197
Fundraising Direct Expenses$3,081
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concessions, Fundraisers, Sponsors$16,197$16,197$3,081$13,116
Total Events$16,197$16,197$3,081$13,116
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
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 2

The president and the treasurer have a family relationship.

Form 990, Part VI, Section A, Line 6

The organization has members which include the board of directors and any and all interested persons that want to promote the definition of purpose in the bylaws.

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

Membership is unlimited and all active members shall be entitled to one vote for the election of directors.

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

A copy of the 990 is provided to the board of directors for their review prior to filing the return.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Midwest Ski Otter Water Ski Club
EIN
41-1804640
Phone
6517662264
Address
PO BOX 10693, WHITE BEAR LAKE, MN 55110

Signing Officer

Name
Kristine Skillings
Title
President
Phone
6517662264
Signed
2025-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristine Skillings
Formed
1995
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
100

Preparer

Firm
Karla Havemeier Ltd
Address
107 S BROADWAY ST, NEW ULM, MN 56073
Preparer
Karla Havemeier CPA
Phone
5073547699
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IRS990ScheduleA/Total509Grp/TotalAmt0503490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0139691
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0134296
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0122332
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt099155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt042233
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0537707
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt093901
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174663
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0268564
IRS990ScheduleD/TotalBookValueLandBuildingsAmt093901
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt058034
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03081
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CONCESSIONS, FUNDRAISERS, SPONSORS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016197
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt016197
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016197
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016197
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013116
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03081
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03081
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt01267522
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt01267522
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt01465575
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt01460968
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt01460968
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0-4607
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0165666
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0165666
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt032387
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt032387
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd00
IRS990ScheduleG/GamingManagerCompensationAmt08488
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0MIKE MEYERS
IRS990ScheduleG/GamingManagerServicesProvTxt0MANAGES ALL GAMING ACTIVITIES.
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0MIKE MEYERS
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0LOCAL
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0WHITE BEAR LAKE
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd055110
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT AND THE TREASURER HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHICH INCLUDE THE BOARD OF DIRECTORS AND ANY AND ALL INTERESTED PERSONS THAT WANT TO PROMOTE THE DEFINITION OF PURPOSE IN THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP IS UNLIMITED AND ALL ACTIVE MEMBERS SHALL BE ENTITLED TO ONE VOTE FOR THE ELECTION OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0169576
IRS990/TotalAssetsEOYAmt0174682
IRS990/TotalAssetsGrp/BOYAmt0169576
IRS990/TotalAssetsGrp/EOYAmt0174682
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt059289
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01510
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0125190
IRS990/TotalFunctionalExpensesGrp/TotalAmt0126700
IRS990/TotalGrossUBIAmt0-4607
IRS990/TotalLiabilitiesBOYAmt0799
IRS990/TotalLiabilitiesEOYAmt0602
IRS990/TotalLiabilitiesGrp/BOYAmt0799
IRS990/TotalLiabilitiesGrp/EOYAmt0602
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0168777
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0174080
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0125190
IRS990/TotalProgramServiceRevenueAmt050205
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt013116
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt064205
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0132003
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-4607
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0169576
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0174682
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 10693
IRS990/USAddress/CityNm0WHITE BEAR LAKE
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055110
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.SKIOTTER.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTINE SKILLINGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06517662264
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST SKI OTTER WATER SKI CLUB
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0411804640
ReturnHeader/Filer/PhoneNum06517662264
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 10693
ReturnHeader/Filer/USAddress/CityNm0WHITE BEAR LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055110
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00

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