Civic Intelligence

National Winter Sports Education Foundation

990 • Fiscal year 2016 • EIN 45-2885376

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 25, 2018

44 Breakneck RoadVernon, NJ 07462

(330) 603-7074

Siviq Scores

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

Liabilities / Assets

51st percentile

0.11x

Higher debt load relative to assets than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

16th percentile

-18%

Higher net margin than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

64th percentile

$90,198

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

1st percentile

-69%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

9.1%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$156,754

Down $349,168 (-69%) from 2015

Net Assets

Down

$140,026

Down $352,348 (-72%) from 2015

Liabilities

Up

$16,728

Up $3,180 (+23%) from 2015

Revenue

Up

$1,972,899

Up $164,059 (+9.1%) from 2015

Expenses

Down

$2,325,247

Down $209,242 (-8.3%) from 2015

Net Income

Up

-$352,348

Up $373,301 (+51%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $21,816Liabilities 2012: $02012Assets 2013: $204,117Liabilities 2013: $20,000Net Assets 2013: $184,1172013Assets 2014: $2,415,184Liabilities 2014: $0Net Assets 2014: $2,415,1842014Assets 2015: $505,922Liabilities 2015: $13,548Net Assets 2015: $492,3742015Assets 2016: $156,754Liabilities 2016: $16,728Net Assets 2016: $140,0262016Assets 2017: $401,553Liabilities 2017: $138,426Net Assets 2017: $263,1272017Assets 2018: $342,363Liabilities 2018: $20,262Net Assets 2018: $322,1012018Assets 2019: $501,846Liabilities 2019: $11,031Net Assets 2019: $490,8152019Assets 2020: $3,832,419Liabilities 2020: $25,091Net Assets 2020: $3,807,3282020Assets 2021: $3,585,553Liabilities 2021: $11,634Net Assets 2021: $3,573,9192021Assets 2022: $3,590,963Liabilities 2022: $79,257Net Assets 2022: $3,511,7062022Assets 2023: $2,971,050Liabilities 2023: $18,994Net Assets 2023: $2,952,0562023Assets 2024: $2,590,044Liabilities 2024: $27,161Net Assets 2024: $2,562,8832024

Highlighted filing

2016

Assets$156,754
Liabilities$16,728
Net Assets$140,026

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $35,000Expenses 2012: $13,184Net Income 2012: $21,8162012Revenue 2013: $200,000Expenses 2013: $37,800Net Income 2013: $162,2002013Revenue 2014: $2,621,667Expenses 2014: $410,600Net Income 2014: $2,211,0672014Revenue 2015: $1,808,840Expenses 2015: $2,534,489Net Income 2015: -$725,6492015Revenue 2016: $1,972,899Expenses 2016: $2,325,247Net Income 2016: -$352,3482016Revenue 2017: $2,532,589Expenses 2017: $2,409,488Net Income 2017: $123,1012017Revenue 2018: $1,411,645Expenses 2018: $1,352,671Net Income 2018: $58,9742018Revenue 2019: $1,558,984Expenses 2019: $1,390,270Net Income 2019: $168,7142019Revenue 2020: $4,515,597Expenses 2020: $1,199,084Net Income 2020: $3,316,5132020Revenue 2021: $2,066,083Expenses 2021: $2,299,492Net Income 2021: -$233,4092021Revenue 2022: $4,103,090Expenses 2022: $4,715,303Net Income 2022: -$612,2132022Revenue 2023: $4,213,350Expenses 2023: $4,773,000Net Income 2023: -$559,6502023Revenue 2024: $4,603,172Expenses 2024: $4,992,345Net Income 2024: -$389,1732024

Highlighted filing

2016

Revenue$1,972,899
Expenses$2,325,247
Net Income-$352,348
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 25, 2018
Return Version
2016v3.0
Gross Receipts
$1,972,899
Mission and Program Overview

Mission

To improve the lives, health and

To improve the lives, health and fitness of youth in the united states through winter sports.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$480,003$118,286▼ $361,717
Accounts Receivable$524$1,281▲ $757
Total Assets$505,922$156,754▼ $349,168
Other Assets Total$25,395$37,187▲ $11,792
Liabilities
Accounts Payable and Accrued Expenses$13,548$16,728▲ $3,180
Total Liabilities$13,548$16,728▲ $3,180
Net Assets / Fund Balance
Unrestricted Net Assets$492,374$140,026▼ $352,348
Total Net Assets Fund Balance$492,374$140,026▼ $352,348
Total Liabilities and Net Assets / Fund Balance$505,922$156,754▼ $349,168

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$37,187--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard CoeExecutive DirectorFT$80,000$10,198$90,198
Schone MallietCEO and ChairmanPT$70,167-$70,167

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,970,831
Program Service Revenue
$0
Investment Income
$4
Other Revenue
$2,064
All Other Contributions
$1,970,831
Change in Net Assets
$-352,348

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,972,899
Total Revenue per Audited Statements
$1,972,899
Total Revenue per Form 990
$1,972,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,039,458
Salaries, Compensation, and Employee Benefits$198,868
Other Expenses$86,921
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,039,458--$2,039,458
Current Officers, Directors, Trustees, and Key Employees$64,000$86,166$0$150,166
Travel$28,628$13,000$0$41,628
Other Salaries and Wages$20,833$0$0$20,833
Office Expenses$0$19,413$0$19,413
Other Expenses$15,000$0$0$15,000
Payroll Taxes$7,273$7,388$0$14,661
Other Employee Benefits$6,553$6,655$0$13,208
Fees for Services Accounting$0$7,750$0$7,750
Advertising$2,184$0$0$2,184
Fees for Services Legal$0$697$0$697
Total Functional Expenses$2,183,929$141,318$0$2,325,247

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,325,247
Total Expenses per Audited Statements$2,325,247
Total Expenses per Form 990$2,325,247
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Winter Activity CenterVernon, NJ501(c)3General Support$1,850,000
Central Cross Country Ski AssociationVerona, WI501(c)3General Support$136,000
Ymca of Northern UtahPark City, UT501(c)3General Support$34,405
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
National Winter Sports Education Foundation
EIN
45-2885376
Phone
3306037074
Address
44 BREAKNECK ROAD, VERNON, NJ 07462

Signing Officer

Name
Richard Coe
Title
Executive Director
Phone
3306037074
Signed
2018-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Coe
Formed
2011
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
4
Employees
3
Volunteers
0

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Board members are husband and wife.

Pt VI, Line 11B

990 is distributed via email to all board members and must be approved prior to filing.

Pt VI, Line 12C

Board members are required to sign conflict of interest.

Pt VI, Line 15A

Compensation for ceo and ed are approved by the board.

Pt VI, Line 15B

Officers compensation are approved by the board.

Pt VI, Line 19

AVAILABLE UPON REQUEST.

Financial Statement Notes

Pt X, Line 2

The organization has evaluated its current tax positions and has concluded that as of december 31, 2016, the organization does not have any significant uncertain tax positions for which a reserve would be necessary.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM NATIONAL WINTER ACTIVITY CENTER
IRS990ScheduleD/RevenueSubtotalAmt01972899
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2016, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueOtherAssetsAmt037187
IRS990ScheduleD/TotalExpensesPerForm990Amt02325247
IRS990ScheduleD/TotalRevenuePerForm990Amt01972899
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01972899
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02325247
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0136000
IRS990ScheduleI/RecipientTable/CashGrantAmt134405
IRS990ScheduleI/RecipientTable/CashGrantAmt21850000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CENTRAL CROSS COUNTRY SKI ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1YMCA OF NORTHERN UTAH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NATIONAL WINTER ACTIVITY CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0392008660
IRS990ScheduleI/RecipientTable/RecipientEIN1870480724
IRS990ScheduleI/RecipientTable/RecipientEIN2471476384
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 930442
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt244 BREAKNECK RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0VERONA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PARK CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2VERNON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NJ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd053593
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd184060
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd207462
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTEES ARE REQUIRED TO SUBMIT FINAL REPORTS OUTLINING THE USE OF GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS DISTRIBUTED VIA EMAIL TO ALL BOARD MEMBERS AND MUST BE APPROVED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO SIGN CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR CEO AND ED ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICERS COMPENSATION ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0505922
IRS990/TotalAssetsEOYAmt0156754
IRS990/TotalAssetsGrp/BOYAmt0505922
IRS990/TotalAssetsGrp/EOYAmt0156754
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01970831
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0141318
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02183929
IRS990/TotalFunctionalExpensesGrp/TotalAmt02325247
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013548
IRS990/TotalLiabilitiesEOYAmt016728
IRS990/TotalLiabilitiesGrp/BOYAmt013548
IRS990/TotalLiabilitiesGrp/EOYAmt016728
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0492374
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0140026
IRS990/TotalOtherCompensationAmt010198
IRS990/TotalProgramServiceExpensesAmt02183929
IRS990/TotalReportableCompFromOrgAmt0150167
IRS990/TotalRevenueGrp/ExclusionAmt04
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02064
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01972899
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0505922
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0156754
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt013000
IRS990/TravelGrp/ProgramServicesAmt028628
IRS990/TravelGrp/TotalAmt041628
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0492374
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0140026
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0Same as C above
IRS990/USAddress/CityNm0Vernon
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007462
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.nwsef.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD COE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03306037074
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL WINTER SPORTS EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0452885376
ReturnHeader/Filer/PhoneNum03306037074
ReturnHeader/Filer/USAddress/AddressLine1Txt044 BREAKNECK ROAD
ReturnHeader/Filer/USAddress/CityNm0VERNON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007462
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId01357512018268017wdqs
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-09-25
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.215.68.156
ReturnHeader/FilingSecurityInformation/IPDt02018-09-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm009:20:36
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICH AND BANDER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt079 Madison Avenue 2nd Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum02126842470
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-25

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