Form 990 for tax year 2022
Filed by PACIFIC NORTHWEST SKI EDUCATIONAL FOUNDATION.
Totals
- Total revenue
- $114,255
- Total expenses
- $97,406
- Contributions and grants received
- $85,056
- Grants paid
- $68,117
- Program service revenue
- $16,639
- Investment income
- $39,653
- Other revenue
- -$27,093
- Total assets, end of year
- $870,883
- Total liabilities, end of year
- $6,084
- Net assets or fund balances, end of year
- $864,799
- Program services expenses (Part IX)
- $72,192
- Management and general expenses
- $25,214
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $72,192
Program services were 74.1% 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
$68,112
-
1f · All other contributions, gifts and grants
$16,944
-
1g · Noncash contributions included above
$21,912
-
2a · Program service revenue: ELITE PASS
total $15,405 · related or exempt $15,405
-
2b · Program service revenue: FENCING
total $1,200 · related or exempt $1,200
-
2c · Program service revenue: OTHER
total $34 · related or exempt $34
-
3 · Investment income
total $30,999 · excluded $30,999
-
7a · Gross sales of assets other than inventory
securities $109,231 · other assets $6,064
-
7b · Less cost or other basis and sales expenses
securities $106,641
-
7c · Gain or loss
securities $2,590 · other assets $6,064
-
7d · Net gain or loss
total $8,654 · excluded $8,654
-
8a · Fundraising events: gross income
$14,977
-
8a · Fundraising events: contributions included on line 1c
$68,112
-
8b · Fundraising events: direct expenses
$42,070
-
8c · Net income from fundraising events
total -$27,093
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $48,617 · program services $48,617
-
2 · Grants to domestic individuals
total $19,500 · program services $19,500
-
11b · Fees: legal
total $325 · management and general $325
-
11c · Fees: accounting
total $2,550 · management and general $2,550
-
11f · Fees: investment management
total $9,514 · management and general $9,514
-
11g · Fees: other
total $2,000 · management and general $2,000
-
12 · Advertising and promotion
total $4,081 · management and general $4,081
-
13 · Office expenses
total $1,236 · management and general $1,236
-
14 · Information technology
total $387 · management and general $387
-
19 · Conferences, conventions and meetings
total $1,943 · management and general $1,943
-
23 · Insurance
total $968 · management and general $968
-
24a · Other expenses: FENCING
total $4,075 · program services $4,075
-
24b · Other expenses: OTHER
total $2,105 · management and general $2,105
-
24c · Other expenses: LICENSE
total $85 · management and general $85
-
24d · Other expenses: BANK CHARGES
total $20 · management and general $20
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,926 · end of year $25,181
-
2 · Savings and temporary cash investments
beginning of year $41,566 · end of year $18,765
-
11 · Investments: publicly traded securities
beginning of year $805,888 · end of year $826,721
-
15 · Other assets
beginning of year $570 · end of year $216
-
18 · Grants payable
end of year $6,000
-
25 · Other liabilities
beginning of year $5,000 · end of year $84
-
27 · Net assets without donor restrictions
beginning of year $847,950 · end of year $864,799
Mission and programs · 2022
Mission
THE PACIFIC NORTHWEST SKI EDUCATION FOUNDATION (PNWSEF) IS ORGANIZED EXCLUSIVELY TO ENGAGE IN AND CONDUCT CHARITABLE AND EDUCATIONAL ACTIVITIES. INCLUDED WITHIN SAID PURPOSES, BUT NEITHER BY WAY OF LIMITATION NOR EXPANSION THEREON ARE: TO ASSIST THE PACIFIC NORTHWEST SKI ASSOCIATION (PNSA), THE US SKI & SNOWBOARD ASSOCIATION, AND OTHER NOT-FOR-PROFIT ORGANIZATIONS ALIGNED WITH OUR CHARITABLE PURPOSES, TO CARRY OUT THE OBJECTS AND PURPOSES FOR WHICH SUCH ORGANIZATIONS ARE ESTABLISHED; TO EDUCATE MEMBERS OF PACIFIC NORTHWEST SKI ASSOCIATION, US SKI & SNOWBOARD ASSOCIATION, AND THE PUBLIC AS TO ALL FACETS OF LOCAL, NATIONAL, AND INTERNATIONAL SKI COMPETITION; TO PROVIDE SCHOLARSHIPS AND GRANTS TO WORTHY ALPINE AND NORDIC COMPETITORS AND THEIR COACHES IN ORDER TO ATTEND LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS; TO FURTHER THEIR TRAINING; AND ASSIST THEM IN PURSUING COLLEGE, UNIVERSITY, AND POST- GRADUATE STUDIES; TO CARRY ON, SPONSOR AND SUPPORT EDUCATIONAL AND RELATED ACTI
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $6,000 · Grants $6,000
-
ALPINE TEAM GRANTS: INDIVIDUAL GRANT PROGRAM COVERS EXPENSES INCURRED DURING COMPETITION OR TRAINING. PROJECT GRANTS ARE USED TO UNDERWRITE A PORTION OF THE PROJECT'S COST; THIS INCLUDES THE ALPINE SPEED CAMP, ALPINE SUMMER CAMP, MASTERS TRAINING SL CAMP, AND IMPACT PROJECT.
Expenses $26,325 · Grants $22,250 · Revenue $16,639
-
NORDIC JO TEAM GRANTS: INDIVIDUAL GRANT PROGRAM COVERS EXPENSES INCURRED DURING COMPETITION OR TRAINING. PROJECT GRANTS ARE USED TO UNDERWRITE A PORTION OF THE PROJECT'S COST; THIS INCLUDES THE NORDIC SUMMER CAMP AND JN ENTRY FEES/WAX.
Expenses $21,450 · Grants $21,450
-
ADMINISTRATIVE GRANT FOR OFFICE SUPPORT
Expenses $18,417 · Grants $18,417
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Jason SpadaroJASON SPADARO
CLASS A. POS
- Total calculated
- $0
- Hours/week
- 0.25
-
Julia McGinnisJULIA MCGINNIS
CLASS A. POS
- Total calculated
- $0
- Hours/week
- 3
-
Teresa CravensTERESA CRAVENS
CLASS A. POS
- Total calculated
- $0
- Hours/week
- 15
-
Courtney VermaasCOURTNEY VERMAAS
CLASS A. POS
- Total calculated
- $0
- Hours/week
- 3
-
Dan BatesDAN BATES
CLASS A. POS
- Total calculated
- $0
- Hours/week
- 0.5
-
Chuck KenlanCHUCK KENLAN
CLASS A. POS
- Total calculated
- $0
- Hours/week
- 0.5
-
Deanne WoodringDEANNE WOODRING
CLASS A. POS
- Total calculated
- $0
- Hours/week
- 6
-
Kerry GodfreyKERRY GODFREY
CLASS A. POS
- Total calculated
- $0
- Hours/week
- 15
-
Tom MillerTOM MILLER
CLASS B. POS
- Total calculated
- $0
- Hours/week
- 0.25
-
Robert RosenROBERT ROSEN
CLASS B. POS
- Total calculated
- $0
- Hours/week
- 0.25
-
Alexi PanosALEXI PANOS
CLASS B. POS
- Total calculated
- $0
- Hours/week
- 0.5 + 0.3 related
-
Todd GroverTODD GROVER
CLASS B. POS
- Total calculated
- $0
- Hours/week
- 4 + 0.3 related
-
Andrew VetterleinANDREW VETTERLEIN
CLASS B. POS
- Total calculated
- $0
- Hours/week
- 5
-
Tracy GibbonsTRACY GIBBONS
CLASS B. POS
- Total calculated
- $0
- Hours/week
- 2
-
Stuart LarsonSTUART LARSON
CLASS B. POS
- Total calculated
- $0
- Hours/week
- 1
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
-
OFFICE SUPPORT
-
$15,700
ALPINE/IMPACT/MASTER
-
$14,500
NORDIC
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C4 · SPORTS · WA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440249349300839
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