Totals
- Total revenue
- $520,697
- Total expenses
- $572,168
- Contributions and grants received
- $78,483
- Grants paid
- $0
- Program service revenue
- $418,248
- Investment income
- $2,193
- Other revenue
- $21,773
- Total assets, end of year
- $3,335,979
- Total liabilities, end of year
- $3,125,970
- Net assets or fund balances, end of year
- $210,009
- Program services expenses (Part IX)
- $570,834
- Management and general expenses
- $0
- Fundraising expenses
- $1,334
- Program service expenses (Part III)
- $570,834
Program services were 99.8% 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.
-
1c · Fundraising events
$78,483
-
2a · Program service revenue: PROGRAM SERVICE REVENUE
total $418,248 · related or exempt $418,248
-
3 · Investment income
total $2,193 · related or exempt $2,193
-
8a · Fundraising events: contributions included on line 1c
$78,483
-
11a · Other revenue: GAIN ON SALE OF ASSET
total $21,773 · related or exempt $21,773
-
11e · Other revenue, total
$21,773
Functional expenses
Part IX, the statement of functional expenses.
-
11e · Fees: professional fundraising services
total $1,334 · fundraising $1,334
-
11g · Fees: other
total $80,285 · program services $80,285
-
12 · Advertising and promotion
total $6,934 · program services $6,934
-
13 · Office expenses
total $8,934 · program services $8,934
-
20 · Interest
total $33,445 · program services $33,445
-
22 · Depreciation, depletion and amortization
total $319,118 · program services $319,118
-
23 · Insurance
total $5,839 · program services $5,839
-
24a · Other expenses: FOREIGN SKI TOUR
total $58,043 · program services $58,043
-
24b · Other expenses: FOOD & BEVERAGES
total $15,947 · program services $15,947
-
24c · Other expenses: UTILITIES
total $10,836 · program services $10,836
-
24d · Other expenses: REPAIRS
total $9,221 · program services $9,221
-
24e · All other expenses
total $22,232 · program services $22,232
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $356,052 · end of year $398,439
-
2 · Savings and temporary cash investments
beginning of year $20,073 · end of year $20,073
-
4 · Accounts receivable
beginning of year $30,000
-
9 · Prepaid expenses and deferred charges
beginning of year $1,815
-
10a · Land, buildings and equipment: cost or other basis
$4,418,842
-
10b · Land, buildings and equipment: accumulated depreciation
$1,501,375
-
10c · Land, buildings and equipment, net
beginning of year $3,086,955 · end of year $2,917,467
-
18 · Grants payable
beginning of year $255,666 · end of year $255,666
-
19 · Deferred revenue
beginning of year $30,000
-
25 · Other liabilities
beginning of year $2,947,749 · end of year $2,870,304
-
27 · Net assets without donor restrictions
beginning of year $261,480 · end of year $210,009
Mission and programs · 2023
Mission
OUR MAIN AND ONLY OBJECTIVE IS TO PROMOTE AMATEUR SKI JUMPING IN OUR AREA. OUR MAIN AND ONLY ACTIVITY HAS BEEN THE ANNUAL SKI JUMPING TOURNAMENT HELD AT PINE MOUNTAIN IN IRON MOUNTAIN, MICHIGAN. THIS EVENT IS HELD IN FEBRUARY AND THE COMPETITORS ARE AMATEUR SKI JUMPING ATHLETES FORM AROUND THE WORLD.
-
ANNUAL SKI JUMPING TOURNAMENT TO PROMOTE AMATEUR SKI JUMPING IN THE AREA.
Expenses $522,616
-
ANNUAL SKI JUMPING TOURNAMENT TO PROMOTE AMATEUR SKI JUMPING IN THE AREA.
Expenses $48,218
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nick BlagecNICK BLAGEC
PRESIDENT
- Total calculated
- $0
-
Paul BujoldPAUL BUJOLD
TREASURER
- Total calculated
- $0
-
Lennie WaltersLENNIE WALTERS
VICE PRESIDE
- 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
- 2023
- Filed
- 15 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441429349301309
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