Civic Intelligence

Ski for Light Inc.

990 • Fiscal year 2016 • EIN 51-0175938

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 10, 2017

1455 West Lake StreetMinneapolis, MN 55408

(612) 827-3232

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

34th percentile

-3.0%

Higher net margin than 34% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

40th percentile

-2.5%

Faster asset growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

21st percentile

-23%

Faster revenue growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$438,042

Down $11,366 (-2.5%) from 2015

Net Assets

Down

$438,042

Down $11,366 (-2.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$255,384

Down $77,729 (-23%) from 2015

Expenses

Down

$262,922

Down $96,392 (-27%) from 2015

Net Income

Up

-$7,538

Up $18,663 (+71%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $478,087Liabilities 2014: $0Net Assets 2014: $478,0872014Assets 2015: $449,408Liabilities 2015: $0Net Assets 2015: $449,4082015Assets 2016: $438,042Liabilities 2016: $0Net Assets 2016: $438,0422016Assets 2017: $464,233Liabilities 2017: $0Net Assets 2017: $464,2332017Assets 2018: $472,518Liabilities 2018: $0Net Assets 2018: $472,5182018Assets 2019: $501,263Liabilities 2019: $0Net Assets 2019: $501,2632019Assets 2020: $550,070Liabilities 2020: $695Net Assets 2020: $549,3752020Assets 2021: $781,573Liabilities 2021: $9,404Net Assets 2021: $772,1692021Assets 2022: $811,209Liabilities 2022: $15,236Net Assets 2022: $795,9732022Assets 2023: $870,390Liabilities 2023: $14,955Net Assets 2023: $855,4352023Assets 2024: $946,782Liabilities 2024: $6,161Net Assets 2024: $940,6212024

Highlighted filing

2016

Assets$438,042
Liabilities$0
Net Assets$438,042

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $313,644Expenses 2014: $328,706Net Income 2014: -$15,0622014Revenue 2015: $333,113Expenses 2015: $359,314Net Income 2015: -$26,2012015Revenue 2016: $255,384Expenses 2016: $262,922Net Income 2016: -$7,5382016Revenue 2017: $301,917Expenses 2017: $301,782Net Income 2017: $1352017Revenue 2018: $364,742Expenses 2018: $370,534Net Income 2018: -$5,7922018Revenue 2019: $345,085Expenses 2019: $323,431Net Income 2019: $21,6542019Revenue 2020: $354,947Expenses 2020: $312,180Net Income 2020: $42,7672020Revenue 2021: $199,174Expenses 2021: $35,393Net Income 2021: $163,7812021Revenue 2022: $224,026Expenses 2022: $56,760Net Income 2022: $167,2662022Revenue 2023: $405,304Expenses 2023: $393,691Net Income 2023: $11,6132023Revenue 2024: $474,377Expenses 2024: $370,523Net Income 2024: $103,8542024

Highlighted filing

2016

Revenue$255,384
Expenses$262,922
Net Income-$7,538
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 10, 2017
Return Version
2015v3.0
Gross Receipts
$298,197
Mission and Program Overview

Mission

The mission of ski for light is to enhance the quality of life and independence of visually or mobility impaired adults through a program of cross-country skiing.

Conduct cross country ski program for visually and mobility impaired adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$351,506$359,132▲ $7,626
Cash and Non-Interest-Bearing Accounts$38,120$37,539▼ $581
Savings and Temporary Cash Investments$59,782$29,707▼ $30,075
Prepaid Expenses and Deferred Charges-$11,664-
Total Assets$449,408$438,042▼ $11,366
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$326,310$327,960▲ $1,650
Unrestricted Net Assets$64,817$75,910▲ $11,093
Temporarily Rstr Net Assets$58,281$34,172▼ $24,109
Total Net Assets Fund Balance$449,408$438,042▼ $11,366
Total Liabilities and Net Assets / Fund Balance$449,408$438,042▼ $11,366

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$381,591$1,650▼ $641$19,000$359,132
2015$392,286$3,325▲ $5,979$20,000$381,591
2014$349,852$8,825▲ $49,109$15,500$392,286
2013$331,217$400▲ $32,870$14,600$349,852
2012$323,387-▲ $7,830-$331,217
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marion ElmquistImmediate Past President
Scott mcCallPresident
Robert CiviakVice President
Amy BrannanDirector
Andrea GoddardDirector
BONNIE O'DAYDirector
David SweenyDirector
DeDe ChinlundDirector
EIVeND HEIBERGDirector
Julie CoppensDirector
Ken LeghornDirector
Krista EricksonDirector
Larry ShowalterDirector
Laura OftedahlDirector
Leslie MaclinDirector
Melinda Hollandsdirector
Nicole HaleyDirector
Renee AbernathyDirector
Richard MilsteadtDirector
Robert HarttDirector
Wendy DavidDirector
Heather BergDirector at large
Tim McCorcleDirector at large
Brenda SeegerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$84,703
Program Service Revenue
$164,428
Investment Income
$802
Other Revenue
$5,451
All Other Contributions
$78,985
Change in Net Assets
$-7,538
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,922
Total Fundraising Expense$3,830
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$187$19,288$1,709$21,184
Travel$5,133$7,115$1,328$13,576
Other Expenses$7,682$1,334-$7,682
Fees for Services Accounting-$5,681-$5,681
Fees for Service Investment Mgmnt Fees-$4,468-$4,468
All Other Expenses$2,338$520$793$3,651
Insurance-$1,660-$1,660
Advertising$551$539-$1,090
Information Technology-$439-$439
Conferences and Meetings-$53-$53
Fees for Services Legal-$25-$25
Total Functional Expenses$217,970$41,122$3,830$262,922
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,718
Fundraising Gross Income$5,718
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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, Section A, line 2

Robert hartt, director, and bonnie o'day, director - family relationship

Form 990, Part VI, Section B, line 11

Information for the Form 990 is gathered by the SFL Treasurer with input from the President and many other board members. Certain portions are reviewed by the President and the chair of the Budget and Finance Committee. After the Form 990 is assembled by the accountants and prior to submitting the form to the IRS, a draft copy in pdf format is made available to the board on the SFL website for review. Without assistance, this format is not accessible to the half of the board that is blind.

Form 990, Part VI, Section B, line 12C

SFL monitors adherence to the policy by reviewing the policy at each board meeting and asking members if they are aware of any new potential conflicts of interest. In addition, the Executive committee examines each situation which could conceivably involve a conflict and determines the situation before authorizing projects. The individual with the conflict is asked to leave the room and is not allowed to vote on the issue.

Form 990, Part VI, Section C, line 19

Ski for light inc.'s bylaws, articles of incorporation, conflict of interest policy, and annual report are available at ski for light's website - www.sfl.org. Financial reports and irs form 990's are available upon request and will be mailed or emailed as appropriate.

Filing and Contact Details

Filer

Filer Name
Ski for Light Inc
EIN
51-0175938
Phone
6128273232
Address
1455 West Lake Street, Minneapolis, MN 55408

Signing Officer

Name
Scott Mccall
Title
President
Phone
6128273232
Signed
2017-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott McCall
Formed
1975
Legal Domicile
Mn
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
113

Preparer

Firm
Cbiz Mhm LLC
Address
222 SOUTH 9TH STREET SUITE 1000, MINNEAPOLIS, MN 55402
Preparer
Bruce Thiel
Phone
6123397811
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Loss from restricted contributions returned to donor -2,400.

Financial Statement Notes

Part V, Line 4:

Earnings from the Endowment Fund are used to help fund Ski For Light programs and keep fees low.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director at large
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director at large
IRS990/Form990PartVIISectionAGrp/TitleTxt20President
IRS990/Form990PartVIISectionAGrp/TitleTxt21Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt22Immediate Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt23Secretary
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IRS990/FSAuditedInd00
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/ProgSrvcAccomActy2Grp/Desc0Ridderrenn - In April 2016, Ski for Light sent two skiers and one guide to the weeklong Norwegian cross-country ski event after which Ski for Light was patterned.
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt059866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0505
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0903
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0864566
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IRS990ScheduleA/PublicSupportPY170Pct00.75200
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IRS990ScheduleA/SubstantialContributorsTotAmt043780
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt080824

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