Civic Intelligence

Mad Valley Sports Inc

EIN 85-1390751 • 501(c)3 • Waitsfield, VT

Profile

Objective and purpose is to promote health and wellness in the mad river valley, vermont and new england through the sponsorship, operation and management of sporting related educational, recreational and social events.

PO Box 28Waitsfield, VT 05673

www.madvalleysports.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.70x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.42x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-7.5%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

47th percentile

-3.6%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-27%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$152,908

Down $5,633 (-3.6%) from 2023

Liabilities

Flat

$107,502

Flat from 2023

Net Assets

Down

$45,406

Down $5,633 (-11%) from 2023

Revenue

Down

$75,569

Down $27,357 (-27%) from 2023

Expenses

Up

$81,202

Up $4,702 (+6.1%) from 2023

Net Income

Down

-$5,633

Down $32,059 (-121%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2021: $7,723Liabilities 2021: $0Net Assets 2021: $7,7232021Assets 2022: $153,364Liabilities 2022: $128,751Net Assets 2022: $24,6132022Assets 2023: $158,541Liabilities 2023: $107,502Net Assets 2023: $51,0392023Assets 2024: $152,908Liabilities 2024: $107,502Net Assets 2024: $45,4062024

Highlighted filing

2024

Assets$152,908
Liabilities$107,502
Net Assets$45,406

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2021: $28,999Expenses 2021: $21,276Net Income 2021: $7,7232021Revenue 2022: $98,876Expenses 2022: $81,986Net Income 2022: $16,8902022Revenue 2023: $102,926Expenses 2023: $76,500Net Income 2023: $26,4262023Revenue 2024: $75,569Expenses 2024: $81,202Net Income 2024: -$5,6332024

Highlighted filing

2024

Revenue$75,569
Expenses$81,202
Net Income-$5,633

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jun 12, 2025
Return Version
2023v6.0
Gross Receipts
$75,569
Mission and Program Overview

Mission

Objective and purpose is to promote health and wellness in the mad river valley, vermont and new england through the sponsorship, operation and management of sporting related educational, recreational and social events.

Program Services

DescriptionGrantsExpenses
MAD MARATHON, MAD HALF & RELAYS, 5K & 10K, RELAUNCHED MAD RIVER TRIATHLON WITH THREE OTHER NON PROFITS.$0$81,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GERI PROCACCINITrustee-$0--
CHUCK ENGLETrustee-$0--
SOMMER MUELLERTrustee-$0--
DORINDA INGALLSPresidentPT$0--
ROBERT LAIRDVice President-$0--
MARK LICHTERMANSecretary-$0--
IAN SWEETTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Mad Valley Sports Inc
EIN
85-1390751
Phone
8023639863
Address
PO BOX 28, WAITSFIELD, VT 05673

Signing Officer

Name
Dorinda Ingalls
Title
President
Phone
8023639863
Signed
2025-06-12
Discuss with paid preparer
Yes

Preparer

Firm
Hall & Holden Pc
Address
PO BOX 1427, WAITSFIELD, VT 05673
Preparer
Michele a Eid CPA
Phone
8024963140
Supplemental Narrative

Additional Explanations

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

Description: advertising. Amount: 2,360. Description: dues. Amount: 470. Description: event management. Amount: 18,965. Description: insurance. Amount: 500. Description: miscellaneous. Amount: 566. Description: program supplies. Amount: 29,675. Description: tents. Amount: 3,114. Description: website. Amount: 615. Description: trash. Amount: 155. Description: security & medical services. Amount: 2,886. Description: transportation. Amount: 921. Description: volunteer lunches. Amount: 1,662. Description: sound system. Amount: 3,400. Description: timing & announcer. Amount: 8,595. Description: repairs. Amount: 741. Description: portable toilets. Amount: 1,500. Description: state fee. Amount: 25. Description: reimbursements. Amount: 3,280. Total to form 990-ez, line 16: 79,430.

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

Description: tradename. Beg. Of year amount: 150,000. End of year amount: 150,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: n/p. Beg. Of year amount: 107,502. End of year amount: 107,502.

Raw XML Appendix167 raw XML fields

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/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADVERTISING. AMOUNT: 2,360. DESCRIPTION: DUES. AMOUNT: 470. DESCRIPTION: EVENT MANAGEMENT. AMOUNT: 18,965. DESCRIPTION: INSURANCE. AMOUNT: 500. DESCRIPTION: MISCELLANEOUS. AMOUNT: 566. DESCRIPTION: PROGRAM SUPPLIES. AMOUNT: 29,675. DESCRIPTION: TENTS. AMOUNT: 3,114. DESCRIPTION: WEBSITE. AMOUNT: 615. DESCRIPTION: TRASH. AMOUNT: 155. DESCRIPTION: SECURITY & MEDICAL SERVICES. AMOUNT: 2,886. DESCRIPTION: TRANSPORTATION. AMOUNT: 921. DESCRIPTION: VOLUNTEER LUNCHES. AMOUNT: 1,662. DESCRIPTION: SOUND SYSTEM. AMOUNT: 3,400. DESCRIPTION: TIMING & ANNOUNCER. AMOUNT: 8,595. DESCRIPTION: REPAIRS. AMOUNT: 741. DESCRIPTION: PORTABLE TOILETS. AMOUNT: 1,500. DESCRIPTION: STATE FEE. AMOUNT: 25. DESCRIPTION: REIMBURSEMENTS. AMOUNT: 3,280. TOTAL TO FORM 990-EZ, LINE 16: 79,430.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TRADENAME. BEG. OF YEAR AMOUNT: 150,000. END OF YEAR AMOUNT: 150,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: N/P. BEG. OF YEAR AMOUNT: 107,502. END OF YEAR AMOUNT: 107,502.
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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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