Civic Intelligence

Los Alamos Ski Club Inc

990 • Fiscal year 2014 • EIN 85-6007048

Jun 01, 2013 to May 31, 2014 • Filed on Oct 10, 2014

PO Box 1436Los Alamos, NM 87544

(505) 662-5725

Siviq Scores

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

Liabilities / Assets

76th percentile

0.36x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

93rd percentile

1.94x

Higher debt load relative to revenue than 93% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Source year 2014

Net Margin

7th percentile

-28%

Higher net margin than 7% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

75th percentile

$93,582

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2014 filings • NTEE N • $1M-$5M nonprofits • Source year 2014

Asset Growth

20th percentile

-3.5%

Faster asset growth than 20% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$3,777,381

Up $105,660 (+2.9%) from 2012

Net Assets

Down

$2,412,348

Down $7,562 (-0.3%) from 2012

Liabilities

Up

$1,365,033

Up $113,222 (+9.0%) from 2012

Revenue

$703,885

No earlier filing loaded for comparison.

Expenses

Down

$902,280

Down $451,694 (-33%) from 2012

Net Income

-$198,395

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,446,815Liabilities 2011: $1,166,676Net Assets 2011: $2,280,1392011Assets 2012: $3,671,721Liabilities 2012: $1,251,811Net Assets 2012: $2,419,9102012Assets 2014: $3,777,381Liabilities 2014: $1,365,033Net Assets 2014: $2,412,3482014Assets 2015: $3,637,605Liabilities 2015: $1,664,820Net Assets 2015: $1,972,7852015

Highlighted filing

2014

Assets$3,777,381
Liabilities$1,365,033
Net Assets$2,412,348

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,288,0432011Expenses 2012: $1,353,9742012Revenue 2014: $703,885Expenses 2014: $902,280Net Income 2014: -$198,3952014Revenue 2015: $769,694Expenses 2015: $1,209,257Net Income 2015: -$439,5632015

Highlighted filing

2014

Revenue$703,885
Expenses$902,280
Net Income-$198,395
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Oct 10, 2014
Return Version
2013v3.1
Gross Receipts
$703,885
Mission and Program Overview

Mission

The purpose of the Los Alamos Ski Club is to facilitate, educate and advocate for skiing and skiers in the Los Alamos area. Skiing includes snowboarding, snow skating and other snow sports recognized by the Board of Directors. The Los Alamos Ski Club is to operate as a non-profit corporation.

Promote skiing and snowboarding as sport and recreation

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,760,912$3,626,322▼ $134,590
Rtn Earn Endowment Incm Other Fnds$2,610,743$2,412,348▼ $198,395
Cash and Non-Interest-Bearing Accounts$59,233$120,375▲ $61,142
Intangible Assets$16,348$14,581▼ $1,767
Inventories for Sale or Use$10,234$9,091▼ $1,143
Savings and Temporary Cash Investments$4,026$5,028▲ $1,002
Accounts Receivable$2,533$1,984▼ $549
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,913,095$3,777,381▼ $135,714
Other Assets Total$59,809$0▼ $59,809
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,277,320$1,340,168▲ $62,848
Deferred Revenue$17,116$15,413▼ $1,703
Accounts Payable and Accrued Expenses$7,916$9,452▲ $1,536
Total Liabilities$1,302,352$1,365,033▲ $62,681
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,610,743$2,412,348▼ $198,395
Total Liabilities and Net Assets / Fund Balance$3,913,095$3,777,381▼ $135,714

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,186,317$3,553,697$5,740,014
Land$1,156,547-$1,156,547
Buildings$104,312$930,611$1,034,923
Leasehold Improvements$168,724$640,895$809,619
Other Land Buildings$10,422$55,911$66,333
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Thomas J LongVP, Gen ManagerFT$93,582$93,582

Board Members and Trustees

NameTitle
Philip RaePresident
Jeff HylokVice President
Bill PriedhorskyBoard Member
Brian FoleyBoard Member
Dan CastileBoard Member
Doug KrantzBoard Member
Eva BirnbaumBoard Member
Bill ChambersAdvisor
George LawrenceAdvisor
Peter DicksonAdvisor
Susan BrockwaySecretary
Vance BooneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,734
Program Service Revenue
$696,992
Investment Income
$159
Other Revenue
$0
All Other Contributions
$6,734
Change in Net Assets
$-198,395
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$521,017
Salaries, Compensation, and Employee Benefits$381,263
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$151,837$53,592-$205,429
Depreciation Depletion$139,073$12,093-$151,166
Occupancy$114,839$3,156-$117,995
Current Officers, Directors, Trustees, and Key Employees-$104,231-$104,231
Interest$59,394--$59,394
Other Employee Benefits$20,802$21,625-$42,427
Insurance$27,366$8,130-$35,496
Office Expenses$18,556$11,811-$30,367
Payroll Taxes$14,305$14,871-$29,176
All Other Expenses$12,269$9,522-$21,791
Fees for Services Accounting-$13,910-$13,910
Other Expenses$4,717$4,115-$8,832
Advertising$875$6,284-$7,159
Fees for Services Other$5,698$565-$6,263
Fees for Services Legal-$734-$734
Travel$552--$552
Total Functional Expenses$632,808$269,472$0$902,280
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

By charter, Memberships (voting season pass holders) are open to persons who primarily live or work or have retired from work in the County of Los Alamos, or who belong to a family, a member of which principally resides in, or is principally employed in or has retired from employment in Los Alamos County. Adult members shall be persons who have attained their eighteenth birthday; Junior members shall be persons who have not attained their eighteenth birthday. All adult members shall be voting members, including seniors 75 years of age and over, and shall be eligible to hold office, provided that not more than one adult from the same household shall be a Board member at the same time. Non-voting season passes may be purchased by anyone.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

All adult members shall be voting members, including seniors 75 years of age and over. Voting by proxy is not permitted at any meeting or in a mail ballot. Most matters of general policy shall be decided by a majority of the voting members present at general and special meetings. The Board of Directors shall determine the need for a mail ballot. Content of mail ballot must be on the agenda of a general or special meeting held prior to the distribution of the mail ballot. There shall be nine Directors, each serving a term of three years. Three Directors and three Nominating Committee members shall be elected each year by mail ballot.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Most matters of general policy shall be decided by a majority of the voting members present at general and special meetings. The Board of Directors shall determine the need for a mail ballot. Content of mail ballot must be on the agenda of a general or special meeting held prior to the distribution of the mail ballot.

Form 990, Part VI, Line 11B: Form 990 Review Process

Board officers receive a copy of the 990 prior to filing. Officers review 990 and communicate any questions or comments to the board treasurer or 990 preparer. The board president or other designated board officer signs 990 and efile authorization form.

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

Each Director shall make a full disclosure to the Board of the nature of any matter upon which he might reasonably be considered to have a conflict of interest. Each matter is discussed and appropriate action determined by the Board. Abstention from the deliberations and vote by a Director on any such matter shall be noted in the minutes of the meeting.

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

Board reviews ski area industry resources for comparable compensation packages.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Board reviews ski area industry resources for comparable compensation packages.

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

Los alamos ski club keeps a certified copy of all governing documents in a safety deposit box as well as at the ski club business office. Policies, financial statements, and 990 filings are also kept at the business office, and are made available to the public upon request.

Filing and Contact Details

Filer

EIN
85-6007048
Phone
5056625725

Signing Officer

Name
Vance Boone
Title
Treasurer
Signed
2014-10-10
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
127
Volunteers
122

Preparer

Preparer
Beth R Breshears
Phone
5056623122
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IRS990/IRPDocumentCnt07
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt03760912
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03626322
IRS990/LandBldgEquipCostOrOtherBssAmt08807436
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE SKIING AND SNOWBOARDING AS SPORT AND RECREATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01277320
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01340168
IRS990/NetAssetsOrFundBalancesBOYAmt02610743
IRS990/NetAssetsOrFundBalancesEOYAmt02412348
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/ManagementAndGeneralAmt03156
IRS990/OccupancyGrp/ProgramServicesAmt0114839
IRS990/OccupancyGrp/TotalAmt0117995
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011811
IRS990/OfficeExpensesGrp/ProgramServicesAmt018556
IRS990/OfficeExpensesGrp/TotalAmt030367
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt059809
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021625
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020802
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042427
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2REPAIRS
IRS990/OtherExpensesGrp/Desc3DUES/SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03180
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11623
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt230
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34115
IRS990/OtherExpensesGrp/ProgramServicesAmt031135
IRS990/OtherExpensesGrp/ProgramServicesAmt115777
IRS990/OtherExpensesGrp/ProgramServicesAmt215613
IRS990/OtherExpensesGrp/ProgramServicesAmt34717
IRS990/OtherExpensesGrp/TotalAmt034315
IRS990/OtherExpensesGrp/TotalAmt117400
IRS990/OtherExpensesGrp/TotalAmt215643
IRS990/OtherExpensesGrp/TotalAmt38832
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt053592
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0151837
IRS990/OtherSalariesAndWagesGrp/TotalAmt0205429
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014871
IRS990/PayrollTaxesGrp/ProgramServicesAmt014305
IRS990/PayrollTaxesGrp/TotalAmt029176
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FOOD & BEVERAGE
IRS990/ProgramServiceRevenueGrp/Desc1INSURANCE CLAIM FIRE LOSS
IRS990/ProgramServiceRevenueGrp/Desc2REAL PROPERTY RENTAL
IRS990/ProgramServiceRevenueGrp/Desc3SEASON TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc4SPECIAL EVENT TKT SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt081707
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt052326
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt159041
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2461553
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314338
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052326
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt159041
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt281707
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3461553
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt414338
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt017840
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IRS990/PYInvestmentIncomeAmt0403
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0558843
IRS990/PYProgramServiceRevenueAmt01241838
IRS990/PYRevenuesLessExpensesAmt0190833
IRS990/PYSalariesCompEmpBnftPaidAmt0510405
IRS990/PYTotalExpensesAmt01069248
IRS990/PYTotalRevenueAmt01260081
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReconcilationRevenueExpnssAmt0-198395
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02412348
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IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0104312
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0930611
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01034923
IRS990ScheduleD/EquipmentGrp/BookValueAmt02186317
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03553697
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05740014
IRS990ScheduleD/LandGrp/BookValueAmt01156547
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01156547
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0168724
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0640895
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0809619
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010422
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055911
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt03626322
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0By charter, Memberships (voting season pass holders) are open to persons who primarily live or work or have retired from work in the County of Los Alamos, or who belong to a family, a member of which principally resides in, or is principally employed in or has retired from employment in Los Alamos County. Adult members shall be persons who have attained their eighteenth birthday; Junior members shall be persons who have not attained their eighteenth birthday. All adult members shall be voting members, including seniors 75 years of age and over, and shall be eligible to hold office, provided that not more than one adult from the same household shall be a Board member at the same time. Non-voting season passes may be purchased by anyone.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All adult members shall be voting members, including seniors 75 years of age and over. Voting by proxy is not permitted at any meeting or in a mail ballot. Most matters of general policy shall be decided by a majority of the voting members present at general and special meetings. The Board of Directors shall determine the need for a mail ballot. Content of mail ballot must be on the agenda of a general or special meeting held prior to the distribution of the mail ballot. There shall be nine Directors, each serving a term of three years. Three Directors and three Nominating Committee members shall be elected each year by mail ballot.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Most matters of general policy shall be decided by a majority of the voting members present at general and special meetings. The Board of Directors shall determine the need for a mail ballot. Content of mail ballot must be on the agenda of a general or special meeting held prior to the distribution of the mail ballot.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OFFICERS RECEIVE A COPY OF THE 990 PRIOR TO FILING. OFFICERS REVIEW 990 AND COMMUNICATE ANY QUESTIONS OR COMMENTS TO THE BOARD TREASURER OR 990 PREPARER. THE BOARD PRESIDENT OR OTHER DESIGNATED BOARD OFFICER SIGNS 990 AND EFILE AUTHORIZATION FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Each Director shall make a full disclosure to the Board of the nature of any matter upon which he might reasonably be considered to have a conflict of interest. Each matter is discussed and appropriate action determined by the Board. Abstention from the deliberations and vote by a Director on any such matter shall be noted in the minutes of the meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD REVIEWS SKI AREA INDUSTRY RESOURCES FOR COMPARABLE COMPENSATION PACKAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD REVIEWS SKI AREA INDUSTRY RESOURCES FOR COMPARABLE COMPENSATION PACKAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LOS ALAMOS SKI CLUB KEEPS A CERTIFIED COPY OF ALL GOVERNING DOCUMENTS IN A SAFETY DEPOSIT BOX AS WELL AS AT THE SKI CLUB BUSINESS OFFICE. POLICIES, FINANCIAL STATEMENTS, AND 990 FILINGS ARE ALSO KEPT AT THE BUSINESS OFFICE, AND ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

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