Skip to content
Nonprofiteer
← MT HOOD SKI EDUCATION FOUNDATION INC

Form 990 for tax year 2022

Filed by MT HOOD SKI EDUCATION FOUNDATION INC.

Totals

Total revenue
$1,262,756
Total expenses
$1,301,078
Contributions and grants received
$93,067
Grants paid
$0
Program service revenue
$1,112,674
Investment income
$1,125
Other revenue
$55,890
Total assets, end of year
$745,206
Total liabilities, end of year
$288,660
Net assets or fund balances, end of year
$456,546
Program services expenses (Part IX)
$1,075,778
Management and general expenses
$225,300
Fundraising expenses
$0
Program service expenses (Part III)
$1,075,778

Program services were 82.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $93,067

  • 2a · Program service revenue: TUITION AND ENTRY FEES

    total $1,112,674 · related or exempt $1,112,674

  • 3 · Investment income

    total $1,125 · excluded $1,125

  • 9a · Gaming: gross income

    $107,037

  • 9b · Gaming: direct expenses

    $51,147

  • 9c · Net income from gaming

    total $55,890 · excluded $55,890

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $484,002 · program services $324,281 · management and general $159,721

  • 8 · Pension plan contributions

    total $156 · program services $105 · management and general $51

  • 9 · Other employee benefits

    total $20,305 · program services $13,604 · management and general $6,701

  • 10 · Payroll taxes

    total $49,621 · program services $33,246 · management and general $16,375

  • 11c · Fees: accounting

    total $6,619 · management and general $6,619

  • 13 · Office expenses

    total $1,809 · program services $1,212 · management and general $597

  • 19 · Conferences, conventions and meetings

    total $75 · program services $75

  • 22 · Depreciation, depletion and amortization

    total $12,982 · program services $8,697 · management and general $4,285

  • 23 · Insurance

    total $4,175 · program services $2,797 · management and general $1,378

  • 24a · Other expenses: ATHLETIC PROGRAMS

    total $632,628 · program services $632,628

  • 24b · Other expenses: AUTO EXPENSE

    total $78,066 · program services $52,304 · management and general $25,762

  • 24c · Other expenses: WORKERS COMP INSURANCE

    total $5,169 · program services $3,463 · management and general $1,706

  • 24d · Other expenses: PAYROLL SERVICE FEES

    total $3,467 · program services $2,323 · management and general $1,144

  • 24e · All other expenses

    total $2,004 · program services $1,043 · management and general $961

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $707,103 · end of year $727,031

  • 4 · Accounts receivable

    beginning of year $27,009

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,952 · end of year $2,783

  • 10a · Land, buildings and equipment: cost or other basis

    $111,739

  • 10b · Land, buildings and equipment: accumulated depreciation

    $96,347

  • 10c · Land, buildings and equipment, net

    beginning of year $28,374 · end of year $15,392

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,292 · end of year $45,001

  • 25 · Other liabilities

    beginning of year $226,279 · end of year $243,659

  • 27 · Net assets without donor restrictions

    beginning of year $494,867 · end of year $456,546

Mission and programs · 2022

Mission

THE FOUNDATION'S MISSION IS TO PROVIDE AND PROMOTE EXCELLENT SKI TRAINING PROGRAMS, COMPETITIONS, AND A SPECIALLY DESIGNED SCHOOL FOR COMPETITIVE YOUTH SKIERS, AND TO SPONSOR PROGRAMS THAT FOSTER SELF-CONFIDENCE, RESPECT FOR OTHERS, A KNOWLEDGE AND APPRECIATION OF PHYSICAL AND MENTAL WELL BEING, AND AN ONGOING DESIRE FOR GROWTH.

  • ATHLETIC EDUCATION FOR SKIERS.

    Expenses $1,075,778 · Revenue $1,112,674

  • INTEREST EXPENSE

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MALCOLM ASH

    BOARD MEMBER

    Total calculated
    $0

  • SHELLEY BROWN

    SECRETARY

    Total calculated
    $0

  • MIKE GREENSLADE

    VICE PRESIDE

    Total calculated
    $0

  • MICHAEL PECK

    BOARD MEMBER

    Total calculated
    $0

  • JASON ROGERS

    BOARD MEMBER

    Total calculated
    $0

  • MARK SIMMONS

    TREASURER

    Total calculated
    $0

  • JASON SPADARO

    PRESIDENT

    Total calculated
    $0

  • CLINT WALKER

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
22 January 2024
IRS schema version
2022v5.0
Source object
202420229349301167

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.