Civic Intelligence

Hailey Ice Park Inc.

990 • Fiscal year 2017 • EIN 82-0518345

May 01, 2016 to Apr 30, 2017 • Filed on Sep 14, 2017

PO Box 4616Hailey, ID 83333

(208) 788-9595

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.22x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

8th percentile

-35%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

26th percentile

$66,000

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

24th percentile

-2.5%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-80%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$6,447,264

Down $165,855 (-2.5%) from 2016

Net Assets

Down

$6,364,614

Down $129,275 (-2.0%) from 2016

Liabilities

Down

$82,650

Down $36,580 (-31%) from 2016

Revenue

Down

$372,390

Down $1,460,275 (-80%) from 2016

Expenses

Down

$501,665

Down $38,218 (-7.1%) from 2016

Net Income

Down

-$129,275

Down $1,422,057 (-110%) from 2016

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $508,399Liabilities 2010: $0Net Assets 2010: $508,3992010Assets 2011: $496,868Liabilities 2011: $1,096Net Assets 2011: $495,7722011Assets 2012: $757,540Liabilities 2012: $0Net Assets 2012: $757,5402012Assets 2013: $961,727Liabilities 2013: $0Net Assets 2013: $961,7272013Assets 2014: $3,062,675Liabilities 2014: $0Net Assets 2014: $3,062,6752014Assets 2015: $5,226,107Liabilities 2015: $15,000Net Assets 2015: $5,211,1072015Assets 2016: $6,613,119Liabilities 2016: $119,230Net Assets 2016: $6,493,8892016Assets 2017: $6,447,264Liabilities 2017: $82,650Net Assets 2017: $6,364,6142017Assets 2018: $6,353,971Liabilities 2018: $43,625Net Assets 2018: $6,310,3462018Assets 2019: $6,210,112Liabilities 2019: $24,224Net Assets 2019: $6,185,8882019Assets 2020: $6,164,687Liabilities 2020: $48,917Net Assets 2020: $6,115,7702020Assets 2021: $6,092,281Liabilities 2021: $16,947Net Assets 2021: $6,075,3342021Assets 2022: $6,029,336Liabilities 2022: $14,666Net Assets 2022: $6,014,6702022Assets 2023: $6,079,219Liabilities 2023: $21,041Net Assets 2023: $6,058,1782023Assets 2024: $6,076,025Liabilities 2024: $5,872Net Assets 2024: $6,070,1532024Assets 2025: $6,201,396Liabilities 2025: $2,328Net Assets 2025: $6,199,0682025

Highlighted filing

2017

Assets$6,447,264
Liabilities$82,650
Net Assets$6,364,614

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $14,8482010Expenses 2011: $37,6592011Expenses 2012: $61,7892012Revenue 2013: $282,100Expenses 2013: $77,913Net Income 2013: $204,1872013Revenue 2014: $2,192,913Expenses 2014: $91,965Net Income 2014: $2,100,9482014Revenue 2015: $2,160,061Expenses 2015: $11,629Net Income 2015: $2,148,4322015Revenue 2016: $1,832,665Expenses 2016: $539,883Net Income 2016: $1,292,7822016Revenue 2017: $372,390Expenses 2017: $501,665Net Income 2017: -$129,2752017Revenue 2018: $436,385Expenses 2018: $490,653Net Income 2018: -$54,2682018Revenue 2019: $428,453Expenses 2019: $552,911Net Income 2019: -$124,4582019Revenue 2020: $467,558Expenses 2020: $537,676Net Income 2020: -$70,1182020Revenue 2021: $493,121Expenses 2021: $568,760Net Income 2021: -$75,6392021Revenue 2022: $568,542Expenses 2022: $629,206Net Income 2022: -$60,6642022Revenue 2023: $735,410Expenses 2023: $691,902Net Income 2023: $43,5082023Revenue 2024: $743,953Expenses 2024: $731,981Net Income 2024: $11,9722024Revenue 2025: $881,666Expenses 2025: $756,828Net Income 2025: $124,8382025

Highlighted filing

2017

Revenue$372,390
Expenses$501,665
Net Income-$129,275
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Sep 14, 2017
Return Version
2016v3.0
Gross Receipts
$372,390
Mission and Program Overview

Mission

To operate an affordable ice skating rink.

Hailey ice, inc. Provides an affordable ice skating facility in hailey while also promoting and educating the community in ice sports for recreation, physical, and mental development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,172,534$6,034,135▼ $138,399
Savings and Temporary Cash Investments$136,630$371,298▲ $234,668
Accounts Receivable$303,955$39,831▼ $264,124
Cash and Non-Interest-Bearing Accounts-$2,000-
Total Assets$6,613,119$6,447,264▼ $165,855
Liabilities
Deferred Revenue$118,350$79,600▼ $38,750
Accounts Payable and Accrued Expenses$880$3,050▲ $2,170
Total Liabilities$119,230$82,650▼ $36,580
Net Assets / Fund Balance
Unrestricted Net Assets$6,493,889$6,360,438▼ $133,451
Temporarily Rstr Net Assets-$4,176-
Total Net Assets Fund Balance$6,493,889$6,364,614▼ $129,275
Total Liabilities and Net Assets / Fund Balance$6,613,119$6,447,264▼ $165,855

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,963,870$235,029$6,198,899
Equipment$70,265$155,819$226,084
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah BensonExecutive DiFT$66,000$66,000

Board Members and Trustees

NameTitle
Ronald E FairfaxPresident
Bryan FurlongDirector
Chris BensonDirector
Jay HedrickDirector
Joy PrudekDirector
Lisa HorowitzDirector
Peter PrekegesDirector
Regina KorbyDirector
James LaskiCo Vice Pres
James FosterSecretary
Linda ChambersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,379
Program Service Revenue
$291,879
Investment Income
$161
Other Revenue
$9,971
All Other Contributions
$70,379
Change in Net Assets
$-129,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$346,972
Salaries, Compensation, and Employee Benefits$154,693
Total Fundraising Expense$20,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$209,941--$209,941
Other Salaries and Wages$117,234$9,900$9,900$137,034
Occupancy$59,385$12,747-$72,132
Payroll Taxes$15,109$1,275$1,275$17,659
Insurance-$14,319-$14,319
Advertising-$1,398$4,811$6,209
Fees for Services Accounting-$3,870-$3,870
Fees for Services Other$3,355--$3,355
All Other Expenses$831$1,042$355$2,228
Office Expenses-$1,295-$1,295
Other Expenses$704$379$4,100$1,083
Total Functional Expenses$429,449$51,775$20,441$501,665
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
No
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Chris benson sarah benson director exec dir spouse

Form 990, Page 6, Part VI, Line 11B

The 990 is prepared by the current treasurer, who is a cpa, and reviewed by the executive director. The board also receives a copy and reviews the return.

Form 990, Page 6, Part VI, Line 12C

Directors are to disclose any conflict of interest they may have at the monthly meetings.

Form 990, Page 6, Part VI, Line 15A

The ceo and officers are not compensated

Form 990, Page 6, Part VI, Line 15B

Other officers are not compensated

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Hailey Ice Inc
EIN
82-0518345
Address
PO BOX 4616, HAILEY, ID 83333

Signing Officer

Name
Linda Chambers
Title
Treasurer
Signed
2017-09-14

Organization Details

Principal Officer
Ronald E Fairfax
Formed
2000
Legal Domicile
Id
Voting Board Members
11
Independent Board Members
11
Employees
8
Volunteers
90
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RONALD E FAIRFAX
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ICE TIME
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CAFE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc4SKATE RENTALS/SHARPENING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0135592
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt165050
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt245478
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt330343
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt414338
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0135592
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt165050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt245478
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt330343
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt414338
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01524546
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01261
IRS990/PYOtherExpensesAmt0426945
IRS990/PYOtherRevenueAmt026779
IRS990/PYProgramServiceRevenueAmt0280079
IRS990/PYRevenuesLessExpensesAmt01292782
IRS990/PYSalariesCompEmpBnftPaidAmt0112938
IRS990/PYTotalExpensesAmt0539883
IRS990/PYTotalRevenueAmt01832665
IRS990/ReconcilationRevenueExpnssAmt0-129275
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt07137
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0136630
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0371298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070379
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0524546
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0257210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0690596
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0279373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01822104
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07298
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01261
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0638
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0523
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010281
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0291879
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.38310
IRS990ScheduleA/PublicSupportPY170Pct00.46610
IRS990ScheduleA/PublicSupportTotal170Amt0702048
IRS990ScheduleA/SubstantialContributorsTotAmt01120056
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt070379
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0524546
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0257210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0690596
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0279373
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01822104
IRS990ScheduleA/TotalSupportAmt01832385
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt05963870
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0235029
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06198899
IRS990ScheduleD/EquipmentGrp/BookValueAmt070265
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0155819
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0226084
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06034135
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRIS BENSON SARAH BENSON DIRECTOR EXEC DIR SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PREPARED BY THE CURRENT TREASURER, WHO IS A CPA, AND REVIEWED BY THE EXECUTIVE DIRECTOR. THE BOARD ALSO RECEIVES A COPY AND REVIEWS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS ARE TO DISCLOSE ANY CONFLICT OF INTEREST THEY MAY HAVE AT THE MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO AND OFFICERS ARE NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER OFFICERS ARE NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04176
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06613119
IRS990/TotalAssetsEOYAmt06447264
IRS990/TotalAssetsGrp/BOYAmt06613119
IRS990/TotalAssetsGrp/EOYAmt06447264
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt070379
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt020441
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051775
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0429449
IRS990/TotalFunctionalExpensesGrp/TotalAmt0501665
IRS990/TotalGrossUBIAmt01500
IRS990/TotalLiabilitiesBOYAmt0119230
IRS990/TotalLiabilitiesEOYAmt082650
IRS990/TotalLiabilitiesGrp/BOYAmt0119230
IRS990/TotalLiabilitiesGrp/EOYAmt082650
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06493889
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06364614
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01078
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01078
IRS990/TotalProgramServiceExpensesAmt0429449
IRS990/TotalProgramServiceRevenueAmt0291879
IRS990/TotalReportableCompFromOrgAmt066000
IRS990/TotalRevenueGrp/ExclusionAmt08632
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0291879
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0372390
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01500
IRS990/TotalVolunteersCnt090
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06613119
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06447264
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06493889
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06360438
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0102 COCHISE DRIVE
IRS990/USAddress/CityNm0HAILEY

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.20$0.00$6.20$0.88$0.76$0.12
2024Detailed filing. Detailed filing data is available for this year.$6.08$0.01$6.07$0.74$0.73$0.01
2023Detailed filing. Detailed filing data is available for this year.$6.08$0.02$6.06$0.74$0.69$0.04
2022Detailed filing. Detailed filing data is available for this year.$6.03$0.01$6.01$0.57$0.63$0.06
2021Detailed filing. Detailed filing data is available for this year.$6.09$0.02$6.08$0.49$0.57$0.08
2020Detailed filing. Detailed filing data is available for this year.$6.16$0.05$6.12$0.47$0.54$0.07
2019Detailed filing. Detailed filing data is available for this year.$6.21$0.02$6.19$0.43$0.55$0.12
2018Detailed filing. Detailed filing data is available for this year.$6.35$0.04$6.31$0.44$0.49$0.05
2017Detailed filing. Detailed filing data is available for this year.$6.45$0.08$6.36$0.37$0.50$0.13
2016Detailed filing. Detailed filing data is available for this year.$6.61$0.12$6.49$1.83$0.54$1.29
2015Summary only. Only limited summary data is available for this year.$5.23$0.02$5.21$2.16$0.01$2.15
2014Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$2.19$0.09$2.10
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.28$0.08$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$0.01