Civic Intelligence

Bob Beattie Ski Foundation

990EZ • Fiscal year 2021 • EIN 45-3161592

Sep 01, 2020 to Aug 31, 2021 • Filed on Jun 28, 2022

PO Box 6444Snowmass Village, CO 81615

(818) 601-7777

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

91st percentile

63%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

46th percentile

2.9%

Faster asset growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

24th percentile

-33%

Faster revenue growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Assets

Up

$168,952

Up $9,507 (+6.0%) from 2019

Net Assets

Up

$168,952

Up $9,507 (+6.0%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$67,941

Down $84,400 (-55%) from 2019

Expenses

Down

$24,824

Down $42,330 (-63%) from 2019

Net Income

Down

$43,117

Down $42,070 (-49%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $12,454Liabilities 2012: $0Net Assets 2012: $12,4542012Assets 2017: $63,125Liabilities 2017: $02017Assets 2019: $159,445Liabilities 2019: $0Net Assets 2019: $159,4452019Assets 2021: $168,952Liabilities 2021: $0Net Assets 2021: $168,9522021Assets 2022: $174,771Liabilities 2022: $87Net Assets 2022: $174,6842022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2021

Assets$168,952
Liabilities$0
Net Assets$168,952

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2012: $69,138Expenses 2012: $56,684Net Income 2012: $12,4542012Revenue 2017: $90,980Expenses 2017: $65,874Net Income 2017: $25,1062017Revenue 2019: $152,341Expenses 2019: $67,154Net Income 2019: $85,1872019Revenue 2021: $67,941Expenses 2021: $24,824Net Income 2021: $43,1172021Revenue 2022: $103,910Expenses 2022: $98,178Net Income 2022: $5,7322022Revenue 2023: $26,698Expenses 2023: $201,382Net Income 2023: -$174,6842023

Highlighted filing

2021

Revenue$67,941
Expenses$24,824
Net Income$43,117
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jun 28, 2022
Return Version
2020v4.2
Gross Receipts
$96,179
Mission and Program Overview

Mission

To preserve and celebrate the history of ski racing, and advocate for its healthy future by finding and supporting youth ski and snowboard programs welcoming children of all means and background, run with good governance by passionate and exceptional leaders. This continues the work of ski racing impresario and network commentator, bob beattie (1933-2018), whose legacy guides the foundation's actions.

To preserve and celebrate the history of ski racing, and advocate for its healthy future.the organization will seek to accomplish its mission through (1) education about the past, with an emphasis on the history of the world pro skiing tour (2) promoting strong participation in the present, with an emphasis on the dual-racing format, and (3) advocating for a vibrant future for the sport by means ranging from affordability and access to format and venues.education about the past may be achieved by such activities as supporting museum installations recalling world pro skiing, and organizing reunions of past heroes to share their first person stories with new generations for skiers. We can support participation by engaging in and helping to guide ski racing events. We can advocate to organizations how best to connect and build a strong and growing fan-base that will help ensure the sport's future.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDED EQUIPMENT TO SKI RACING PROGRAMS FOR CHILDREN. THE ORGANIZATION ALSO SUPPORTED HISTORICAL SKI MUSEUM EXHIBITS.$0$24,824
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WENDY AGLIETTITreasurer-$0--
ANDRE ARNOLDTrustee-$0--
KATHY CARSONTrustee-$0--
CHRISTIN COOPERSecretary-$0--
MICHAEL HUNDERTChairmanPT$0--
JIM LILLSTROMTrustee-$0--
BILL MADSENTrustee-$0--
EDIE THYS MORGANTrustee-$0--
TERRY PALMERTrustee-$0--
KEN READTrustee-$0--
MARK TACHETrustee-$0--
OTTO TSHUDIVice Chair-$0--
Filing and Contact Details

Filer

Filer Name
Bob Beattie Ski Foundation
EIN
45-3161592
Phone
8186017777
Address
PO BOX 6444, SNOWMASS VILLAGE, CO 81615

Signing Officer

Name
Michael Hundert
Title
Chairman
Phone
8186017777
Signed
2022-06-28
Discuss with paid preparer
Yes

Preparer

Firm
Armanino Llp
Address
11766 WILSHIRE BLVD 9TH FLOOR, LOS ANGELES, CA 90025
Preparer
Matthew Petroski
Phone
3104784148
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: spider sabich documentary. Amount: 24,432. Description: office expenses. Amount: 248. Description: website. Amount: 144. Total to form 990-ez, line 16: 24,824.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior period adjustment. Amount: 1,451.

Form 990-ez, Part II, Line 24 - Other Assets

Description: investment in world pro ski tour. Beg. Of year amount: 31,579. End of year amount: 3,341.

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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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IRS990EZ/PrimaryExemptPurposeTxt0TO PRESERVE AND CELEBRATE THE HISTORY OF SKI RACING, AND ADVOCATE FOR ITS HEALTHY FUTURE.THE ORGANIZATION WILL SEEK TO ACCOMPLISH ITS MISSION THROUGH (1) EDUCATION ABOUT THE PAST, WITH AN EMPHASIS ON THE HISTORY OF THE WORLD PRO SKIING TOUR (2) PROMOTING STRONG PARTICIPATION IN THE PRESENT, WITH AN EMPHASIS ON THE DUAL-RACING FORMAT, AND (3) ADVOCATING FOR A VIBRANT FUTURE FOR THE SPORT BY MEANS RANGING FROM AFFORDABILITY AND ACCESS TO FORMAT AND VENUES.EDUCATION ABOUT THE PAST MAY BE ACHIEVED BY SUCH ACTIVITIES AS SUPPORTING MUSEUM INSTALLATIONS RECALLING WORLD PRO SKIING, AND ORGANIZING REUNIONS OF PAST HEROES TO SHARE THEIR FIRST PERSON STORIES WITH NEW GENERATIONS FOR SKIERS. WE CAN SUPPORT PARTICIPATION BY ENGAGING IN AND HELPING TO GUIDE SKI RACING EVENTS. WE CAN ADVOCATE TO ORGANIZATIONS HOW BEST TO CONNECT AND BUILD A STRONG AND GROWING FAN-BASE THAT WILL HELP ENSURE THE SPORT'S FUTURE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SPIDER SABICH DOCUMENTARY. AMOUNT: 24,432. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 248. DESCRIPTION: WEBSITE. AMOUNT: 144. TOTAL TO FORM 990-EZ, LINE 16: 24,824.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 1,451.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVESTMENT IN WORLD PRO SKI TOUR. BEG. OF YEAR AMOUNT: 31,579. END OF YEAR AMOUNT: 3,341.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-28
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ReturnHeader/ReturnTs02022-07-06T15:05:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

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