SKIBACS is a social club whose goal is to provide opportunities for its members and guests to enjoy their passion for skiing and snowboarding. The club provides ski and snowboard lessons, coordinates ski trips and operates a ski lodge at Crystal Mountain for its members.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Run by 30 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$7K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
12 mo
of spending, in cash
Looks good: 12.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$160K
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$292K
Spent
$316K
To programs
0%
Net assets
$251K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Revoked Mar 2011, reinstated. IRS ruling Sep 2024, per the IRS master file. Latest filing on record: FY2024. IRS ruling in Sep 2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990; $7K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director and Ski School Chair
$3,919Pt VII · Sec A
Director and President
$2,264Pt VII · Sec A
Director and Facilities Chair
$835Pt VII · Sec A
Director and Secretary
$0Pt VII · Sec A
Director and Vice President
$0Pt VII · Sec A
Director and Treasurer
$0Pt VII · Sec A
Director and Lodge Administration
$0Pt VII · Sec A
Director and Info Systems Maanger
$0Pt VII · Sec A

Michael Drake’s $4K as Director and Ski School Chair is at the 10th percentile of top reported officer pay among 1016 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Organizes ski trips, offers lessons, and operates a lodge for members to enjoy skiing and snowboarding.

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Provided by the organization

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3 programs · $280K · in their own filed words · FY2024
01

The club provided lessons to 595 students during the 2024 ski season. Lessons were offered for a 6 week period on Thursday, Friday, Saturday and Sunday and were two hours long for each class.

$131Kprogram expense
02

The club's lodge was available to its members year round for nightly bed rental. Total member night visits were 1,233, where a member night visit represents 1 person staying at the lodge for one night.

$129Kprogram expense
03

The club organized two trips in 2024 for the upcoming 2025 ski season, including the Dolomites Italy and Sun Peaks.

$19Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$292K
Ln 12
Fees for servicesLn 2g$246K
Gifts and grantsLn 1h$44K
Investment incomeLn 3$2K
Money outPt IX
$316K
Ln 25
Owns and owesPt X
$251K
net assets · Ln 32
Cash and savingsLn 1–2$330K
Total assetsLn 16$411K
LiabilitiesLn 26$160K
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$44K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$4K
Fees for servicesLn 2g$246K
Investment incomeLn 3$2K
Total revenueLn 12$292K
Assets in detailPt X, end of year
CashLn 1$190K
SavingsLn 2$139K
Cash and savings togetherLn 1–2$330K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$411K
LiabilitiesLn 26$160K
Net assetsLn 32$251K
OperationsPt I, VI
EmployeesI 50
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$275K$330K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$275K$411K
LiabilitiesLn 26$0$160K
Net assetsLn 32$275K$251K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$7K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$94K
Advertising and promotionLn 12$5K
Office expensesLn 13$10K
Information technologyLn 14$5K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$535
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$195K
Total functional expensesLn 25$316K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $292K$316K−$24K$251K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $292,220 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $38,340$44,301
I-9 Program service revenuePrior year $432,884$246,024
I-10 Investment incomePrior year $686$1,895
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $471,910$292,220
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,832$7,018
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $382,991$308,769
I-18 Total expensesPrior year $390,823$315,787
I-19 Revenue less expensesPrior year $81,087−$23,567
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $292,220 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$29,616
VIII-1c Fundraising events$4,440
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$10,245
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$44,301
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $246,024 · Unrelated business $0 · Excluded from tax $0$246,024
VIII-3 Investment incomeRelated to mission $1,895 · Unrelated business $0 · Excluded from tax $0$1,895
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $247,919 · Unrelated business $0 · Excluded from tax $0$292,220
Part IX · Statement of functional expenses $315,787 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$7,018
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$93,783
IX-12 Advertising and promotion$5,294
IX-13 Office expenses$9,741
IX-14 Information technology$4,816
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$535
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)$194,600
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$315,787
Part X · Balance sheet $411,055 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $204,412$190,357
X-2 Savings and temporary cash investmentsStart of year $70,323$139,230
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$81,468
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $274,735$411,055
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$159,887
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$159,887
X-32 Total net assets or fund balancesStart of year $274,735$251,168
X-33 Total liabilities and net assetsStart of year $274,735$411,055
Part XI · Reconciliation of net assets $251,168 net assets at year end
XI-1 Total revenue$292,220
XI-2 Total expenses$315,787
XI-3 Revenue less expenses−$23,567
XI-4 Net assets at start of year$274,735
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$251,168

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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