Civic Intelligence

Far West Skiing Inc.

990 • Fiscal year 2019 • EIN 77-0404232

Jun 01, 2018 to May 31, 2019 • Filed on Aug 13, 2019

PO Box 2664Truckee, CA 96160

(530) 559-4130

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

48th percentile

2.5%

Higher net margin than 48% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

57th percentile

6.5%

Faster asset growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

-2.9%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$129,815

Up $7,977 (+6.5%) from 2018

Net Assets

Up

$129,815

Up $8,601 (+7.1%) from 2018

Liabilities

Down

$0

Down $624 (-100%) from 2018

Revenue

Down

$350,884

Down $10,570 (-2.9%) from 2018

Expenses

Down

$342,283

Down $5,542 (-1.6%) from 2018

Net Income

Down

$8,601

Down $5,028 (-37%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2012: $120,884Liabilities 2012: $7,653Net Assets 2012: $113,2312012Assets 2013: $118,099Liabilities 2013: $5,214Net Assets 2013: $112,8852013Assets 2014: $106,579Liabilities 2014: $3,784Net Assets 2014: $102,7952014Assets 2015: $107,595Liabilities 2015: $5,368Net Assets 2015: $102,2272015Assets 2016: $107,286Liabilities 2016: $1,624Net Assets 2016: $105,6622016Assets 2017: $111,644Liabilities 2017: $4,059Net Assets 2017: $107,5852017Assets 2018: $121,838Liabilities 2018: $624Net Assets 2018: $121,2142018Assets 2019: $129,815Liabilities 2019: $0Net Assets 2019: $129,8152019Assets 2020: $119,107Liabilities 2020: $2,075Net Assets 2020: $117,0322020Assets 2021: $86,060Liabilities 2021: $0Net Assets 2021: $86,0602021Assets 2022: $123,795Liabilities 2022: $0Net Assets 2022: $123,7952022Assets 2023: $161,677Liabilities 2023: $0Net Assets 2023: $161,6772023Assets 2024: $185,851Liabilities 2024: $0Net Assets 2024: $185,8512024Assets 2025: $217,585Liabilities 2025: -$835Net Assets 2025: $218,4202025

Highlighted filing

2019

Assets$129,815
Liabilities$0
Net Assets$129,815

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2012: $367,333Expenses 2012: $354,758Net Income 2012: $12,5752012Revenue 2013: $330,601Expenses 2013: $330,947Net Income 2013: -$3462013Revenue 2014: $354,073Expenses 2014: $364,163Net Income 2014: -$10,0902014Revenue 2015: $283,937Expenses 2015: $284,505Net Income 2015: -$5682015Revenue 2016: $289,919Expenses 2016: $286,484Net Income 2016: $3,4352016Revenue 2017: $340,495Expenses 2017: $338,572Net Income 2017: $1,9232017Revenue 2018: $361,454Expenses 2018: $347,825Net Income 2018: $13,6292018Revenue 2019: $350,884Expenses 2019: $342,283Net Income 2019: $8,6012019Revenue 2020: $233,184Expenses 2020: $245,967Net Income 2020: -$12,7832020Revenue 2021: $144,436Expenses 2021: $175,408Net Income 2021: -$30,9722021Revenue 2022: $279,710Expenses 2022: $241,975Net Income 2022: $37,7352022Revenue 2023: $301,726Expenses 2023: $263,844Net Income 2023: $37,8822023Revenue 2024: $324,548Expenses 2024: $301,972Net Income 2024: $22,5762024Revenue 2025: $264,749Expenses 2025: $231,908Net Income 2025: $32,8412025

Highlighted filing

2019

Revenue$350,884
Expenses$342,283
Net Income$8,601
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Aug 13, 2019
Return Version
2018v3.1
Gross Receipts
$350,884
Mission and Program Overview

Mission

Promote the skiing development of young athletes from the Far West region with the objective of placing competitors onto the US Ski Team. Far West also promotes alpine competition at all levels and provides financial support to athletes and coaches.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$117,645$129,806▲ $12,161
Accounts Receivable$4,168$0▼ $4,168
Land, Buildings, and Equipment, Net$25$9▼ $16
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$121,838$129,815▲ $7,977
Other Assets Total-$0-
Liabilities
Deferred Revenue$624--
Total Liabilities$624$0▼ $624
Net Assets / Fund Balance
Unrestricted Net Assets$96,214$104,815▲ $8,601
Permanently Rstr Net Assets$25,000$25,000→ $0
Total Net Assets Fund Balance$121,214$129,815▲ $8,601
Total Liabilities and Net Assets / Fund Balance$121,838$129,815▲ $7,977

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9$2,640$2,649
Compensation and Service Providers

Board Members and Trustees

NameTitle
Beat HupferAcc Chair
Laurey CarlsonPresident
Chip CooperVice President
Rick JacksonAt Large Centra
Barbara BoucherAt Large South
Daron RahlvesAthlete Rep
Zazie HumiAthlete Rep
Doug FultonMasters Rep
Kyle CrezeeResort Rep
Vince SosnhowskiSecretary
Bill HudsonSpecial Interes
Jim ReillySpecial Interes
Kurt EngelSpecial Interes
Jeffrey JuddTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$18,894
Program Service Revenue
$331,920
Investment Income
$70
Other Revenue
$0
All Other Contributions
$18,894
Change in Net Assets
$8,601
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$252,590
Salaries, Compensation, and Employee Benefits$66,675
Grants and Similar Amounts Paid$23,018
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,800--$61,800
Grants to Domestic Individuals$23,018--$23,018
All Other Expenses$14,669--$14,669
Conferences and Meetings$11,948--$11,948
Other Expenses$6,605--$6,605
Payroll Taxes$4,875--$4,875
Fees for Services Accounting-$1,160-$1,160
Office Expenses$1,097--$1,097
Fees for Services Legal-$630-$630
Insurance-$575-$575
Depreciation Depletion$16--$16
Total Functional Expenses$339,918$2,365$0$342,283
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
See Below for Part Iv-28b--No-
See Below for Part Iv-28c--No-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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, Line 11B: Form 990 Review Process

Email out to each member and requested a response.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Prior to each board meeting, all the directors and everyone in attendance at the meeting is asked about any conflicts of interest with regard to agenda items. Also, directors annually review and sign a conflict of interest statement that confirms they have read and understood the foundation's conflicts policies and that they have no conflicts (except as disclosed in that statement).

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Administrator salary is compared with other administrators from different regions.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Far West Skiing Inc
EIN
77-0404232
Phone
5305594130
Address
PO BOX 2664, TRUCKEE, CA 96160

Signing Officer

Name
Jeffrey Judd
Title
Treasurer
Signed
2019-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucy Schram
Formed
1995
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
40

Preparer

Firm
TR Goyne & Company CPA
Address
1388 Court St Suite J, Redding, CA 96001
Preparer
Thomas Richard Goyne CPA
Phone
5302432272
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IRS990/LandBldgEquipCostOrOtherBssAmt02649
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Promote the skiing development of young athletes from the Far West region with the objective of placing competitors onto the US Ski Team. Far West also promotes alpine competition at all levels and provides financial support to athletes and coaches.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0121214
IRS990/NetAssetsOrFundBalancesEOYAmt0129815
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01097
IRS990/OfficeExpensesGrp/TotalAmt01097
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0RACERS EXPENSES
IRS990/OtherExpensesGrp/Desc1PERFORMANCE CAMPS
IRS990/OtherExpensesGrp/Desc2GUIDES
IRS990/OtherExpensesGrp/Desc3AWARDS
IRS990/OtherExpensesGrp/ProgramServicesAmt0201425
IRS990/OtherExpensesGrp/ProgramServicesAmt17275
IRS990/OtherExpensesGrp/ProgramServicesAmt27190
IRS990/OtherExpensesGrp/ProgramServicesAmt36605
IRS990/OtherExpensesGrp/TotalAmt0201425
IRS990/OtherExpensesGrp/TotalAmt17275
IRS990/OtherExpensesGrp/TotalAmt27190
IRS990/OtherExpensesGrp/TotalAmt36605
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt061800
IRS990/OtherSalariesAndWagesGrp/TotalAmt061800
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04875
IRS990/PayrollTaxesGrp/TotalAmt04875
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt025000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt025000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0LUCY SCHRAM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RACERS REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc2HEAD TAX
IRS990/ProgramServiceRevenueGrp/Desc3ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/Desc4ATHLETE GUIDE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0201205
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1102457
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217838
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34655
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43049
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0201205
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1102457
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34655
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43049
IRS990/ProgSrvcAccomActy2Grp/Desc0PERFORMANCE CAMP
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07275
IRS990/ProgSrvcAccomActy3Grp/Desc0DIRECT SUPPORT TO ELITE RACERS FOR DIVISIONAL, REGIONAL AND NATIONAL RACING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07248
IRS990/ProgSrvcAccomActy3Grp/GrantAmt07248
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt029886
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt024580
IRS990/PYInvestmentIncomeAmt032
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0256542
IRS990/PYProgramServiceRevenueAmt0331536
IRS990/PYRevenuesLessExpensesAmt013629
IRS990/PYSalariesCompEmpBnftPaidAmt066703
IRS990/PYTotalExpensesAmt0347825
IRS990/PYTotalRevenueAmt0361454
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08601
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0303662
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0121351
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0130739
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0130211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0104085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0119622
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0606008
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt070
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt032
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0223697
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0230586
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0204397
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0177149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0225092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01060921
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0127
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05765
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05826
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08675
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0576
IRS990ScheduleA/OtherIncome509Grp/TotalAmt020842
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98760
IRS990ScheduleA/PublicSupportPY509Pct00.98550
IRS990ScheduleA/PublicSupportTotal509Amt01666929

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.01$2.18$2.65$2.32$0.33
2024Summary only. Only limited summary data is available for this year.$1.86$0.00$1.86$3.25$3.02$0.23
2023Summary only. Only limited summary data is available for this year.$1.62$0.00$1.62$3.02$2.64$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$2.80$2.42$0.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.00$0.86$1.44$1.75$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.02$1.17$2.33$2.46$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$3.51$3.42$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.01$1.21$3.61$3.48$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.04$1.08$3.40$3.39$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.02$1.06$2.90$2.86$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.05$1.02$2.84$2.85$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.04$1.03$3.54$3.64$0.10
2013Summary only. Only limited summary data is available for this year.$1.18$0.05$1.13$3.31$3.31$0.00
2012Summary only. Only limited summary data is available for this year.$1.21$0.08$1.13$3.67$3.55$0.13