Form 990 for tax year 2024
Filed by WINTER SPORTS SCHOOL IN PARK CITY.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2024 , filed 4 June 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Those are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $1,732,186
- Total expenses
- $1,611,798
- Contributions and grants received
- $1,484,012
- Grants paid
- $0
- Program service revenue
- $86,527
- Investment income
- $161,647
- Other revenue
- $0
- Total assets, end of year
- $6,446,201
- Total liabilities, end of year
- $1,635,050
- Net assets or fund balances, end of year
- $4,811,151
- Program services expenses (Part IX)
- $1,263,815
- Management and general expenses
- $347,983
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,263,815
Program services were 78.4% 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.
-
1e · Government grants (contributions)
$1,319,199
-
1f · All other contributions, gifts and grants
$164,813
-
2a · Program service revenue: ELEMENTARY & SECONDARY
total $86,527 · related or exempt $86,527
-
3 · Investment income
total $161,647 · excluded $161,647
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $122,896 · program services $99,154 · management and general $23,742
-
7 · Other salaries and wages
total $800,271 · program services $645,670 · management and general $154,601
-
8 · Pension plan contributions
total $40,134 · program services $31,341 · management and general $8,793
-
9 · Other employee benefits
total $50,639 · program services $40,856 · management and general $9,783
-
10 · Payroll taxes
total $66,838 · program services $53,886 · management and general $12,952
-
11a · Fees: management
total $54,600 · management and general $54,600
-
11b · Fees: legal
total $1,925 · management and general $1,925
-
11c · Fees: accounting
total $17,483 · management and general $17,483
-
11g · Fees: other
total $56,967 · program services $48,542 · management and general $8,425
-
12 · Advertising and promotion
total $8,614 · management and general $8,614
-
13 · Office expenses
total $2,792 · program services $2,792
-
14 · Information technology
total $36,922 · program services $15,925 · management and general $20,997
-
16 · Occupancy
total $33,545 · program services $31,287 · management and general $2,258
-
20 · Interest
total $80,470 · program services $80,470
-
22 · Depreciation, depletion and amortization
total $111,750 · program services $111,750
-
23 · Insurance
total $3,770 · management and general $3,770
-
24a · Other expenses: REPAIRS & MAINTENANCE
total $58,190 · program services $58,190
-
24b · Other expenses: SUPPLIES
total $44,298 · program services $31,534 · management and general $12,764
-
24c · Other expenses: EDUCATION
total $12,418 · program services $12,418
-
24d · Other expenses: DUES & FEES
total $7,029 · management and general $7,029
-
24e · All other expenses
total $247 · management and general $247
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $452,993 · end of year $211,985
-
3 · Pledges and grants receivable
beginning of year $100,121 · end of year $12,998
-
4 · Accounts receivable
beginning of year $4,039 · end of year $4,076
-
9 · Prepaid expenses and deferred charges
beginning of year $4,417 · end of year $4,687
-
10a · Land, buildings and equipment: cost or other basis
$3,600,150
-
10b · Land, buildings and equipment: accumulated depreciation
$998,446
-
10c · Land, buildings and equipment, net
beginning of year $2,696,904 · end of year $2,601,704
-
11 · Investments: publicly traded securities
beginning of year $3,134,104 · end of year $3,610,751
-
17 · Accounts payable and accrued expenses
beginning of year $63,209 · end of year $44,685
-
23 · Secured mortgages and notes payable
beginning of year $1,638,606 · end of year $1,590,365
-
27 · Net assets without donor restrictions
beginning of year $3,454,830 · end of year $3,560,820
-
28 · Net assets with donor restrictions
beginning of year $1,235,933 · end of year $1,250,331
Mission and programs · 2024
Mission
THE WINTER SPORTS ACADEMY PROVIDES THE OPPORTUNITY FOR WINTER ATHLETES TO FOCUS ON ACADEMICS DURING THE SPRING, SUMMER, AND FALL. THIS ALLOWS THEM TO COMPETE WITH LESS ACADEMIC PRESSURE DURING THE WINTER.
Activities or mission (Part I)
TO PROVIDE THE OPPORTUNITY FOR WINTER ATHLETES TO FOCUS ON ACADEMICS AT OTHER TIMES IN THE YEAR.
-
THE WINTER SPORTS ACADEMY PROVIDES THE OPPORTUNITY FOR WINTER ATHLETES TO FOCUS ON ACADEMICS DURING THE SPRING, SUMMER, AND FALL. THIS ALLOWS THEM TO COMPETE WITH LESS ACADEMIC PRESSURE DURING THE WINTER.
Expenses $1,263,815 · Revenue $86,527
As filed on the 2024 return.
Listed in Part VII
-
Whalen LouisWHALEN LOUIS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Nick PenzeNICK PENZE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Bud CanadayBUD CANADAY
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Dylan RothwellDYLAN ROTHWELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Tim GaylordTIM GAYLORD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Thomas CookeTHOMAS COOKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Christie HindCHRISTIE HIND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Abigail Wright-GrissomABIGAIL WRIGHT-GRISSOM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Jennifer EatonJENNIFER EATON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Holland LincolnHOLLAND LINCOLN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Missy KellyMISSY KELLY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Tess Miner-FarraTESS MINER-FARRA
EXECUTIVE DIRECTOR
- Total calculated
- $123,357
- From this org
- $101,513
- From related orgs
- $0
- Other
- $21,844
- Hours/week
- 40
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
- 2024
- Filed
- 19 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640549349300534
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