Fvsef mission is dedicated to athletic and academic and personal excellence through educational and competitive programs in skiing. Fvsef participants become better athletes, better students and better citizens for life.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$78K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $75K a year · 14% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$78K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
10 mo
of spending, in cash
Looks good: 10.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $126K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$180K
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$580K
+36% vs prior year
Spent
$474K
To programs
79%
Net assets
$217K
By yearFY2020–FY2025
Revenue
$580K
FY2023▲ +36%
Tap a bar for its year
Revenue by fiscal year
FY2020$318K
FY2021$384K
FY2022$427K
FY2023$580K
FY2024$685K
FY2025$725K
Expenses
$474K
FY2023▲ +33%
Tap a bar for its year
Expenses by fiscal year
FY2020$310K
FY2021$368K
FY2022$357K
FY2023$474K
FY2024$535K
FY2025$629K
Net assets
$217K
FY2023▲ +97%
Tap a bar for its year
Net assets by fiscal year
FY2020$26K
FY2021$39K
FY2022$110K
FY2023$217K
FY2024$367K
FY2025$463K

From the FY2023 Form 990 (year ending April 2023) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1978.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $374K Management & general 21% · $100K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $78K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$78,333Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Hilary Lindh$86,933$77,833$78,333$50,000——
Roy Loman———$38,800$56,700$45,900
Tim Hinderman———$38,150$42,000$49,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Flathead Valley Ski Education Foundation executive salaries →

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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 15aYes

Programs and updates

Promotes athletic, academic, and personal growth through skiing education and competition.

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Provided by the organization

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1 program · $374K · in their own filed words · FY2022
01

Alpine ski racing and promotion for youth.

$374Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$126K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$580K
Ln 12
Fees for servicesLn 2g$360K
Gifts and grantsLn 1h$152K
Other incomeLn 4–11$68K
Money outPt IX
$474K
Ln 25
Programscol B$374K
Managementcol C$100K
Owns and owesPt X
$217K
net assets · Ln 32
Cash and savingsLn 1–2$395K
Total assetsLn 16$396K
LiabilitiesLn 26$180K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$152K
Fundraising eventsLn 1c$101K
Fees for servicesLn 2g$360K
Investment incomeLn 3$159
Other incomeLn 4–11$68K
Total revenueLn 12$580K
Assets in detailPt X, end of year
CashLn 1$291K
SavingsLn 2$104K
Cash and savings togetherLn 1–2$395K
Land, buildings, equipmentLn 10c$1K
Other assetsLn 15$0
Total assetsLn 16$396K
LiabilitiesLn 26$180K
Net assetsLn 32$217K
OperationsPt I, VI
EmployeesI 521
VolunteersI 679
Fiscal year endsHeaderApril
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 FY23End FY23
Cash and savingsLn 1–2$219K$395K
Land, buildings, equipmentLn 10c$3K$1K
Total assetsLn 16$233K$396K
LiabilitiesLn 26$123K$180K
Net assetsLn 32$110K$217K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$246K$170K$76K
Payroll taxesLn 10$50K$35K$16K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$2K$2K
OccupancyLn 16$1K$1K
TravelLn 17$36K$36K
Conferences, conventions and meetingsLn 19$457$457
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$14K$14K
Other expenses (24a–d)Ln 24$108K$108K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$474K$374K$100K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $725K$629K$96K$463K 990 PDF
FY2024 $685K$535K$151K$367K 990 PDF
FY2023 Viewing $580K$474K$107K$217K 990 PDF
FY2022 $427K$357K$70K$110K 990 PDF
FY2021 $384K$368K$15K$39K 990 PDF
FY2020 $318K$310K$8K$26K 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 FY2023 990 (6 parts)
Part I · Summary $580,168 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $52,954$151,714
I-9 Program service revenuePrior year $291,964$360,053
I-10 Investment incomePrior year $22$159
I-11 Other revenuePrior year $82,305$68,242
I-12 Total revenuePrior year $427,245$580,168
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 $247,952$296,485
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $108,978$177,040
I-18 Total expensesPrior year $356,930$473,525
I-19 Revenue less expensesPrior year $70,315$106,643
Part VI · Governance 0 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $580,168 across 7 lines filed
Lines not itemized here account for −$7,464 of total revenue; see the IRS return.
VIII-1c Fundraising events$100,570
VIII-1f All other contributions, gifts and grants$51,144
VIII-1h Total contributions, gifts and grants$151,714
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $360,053$360,053
VIII-3 Investment incomeRelated to mission $159$159
VIII-8 Net income from fundraising eventsExcluded from tax $75,706$75,706
VIII-12 Total revenueRelated to mission $352,748 · Unrelated business $0 · Excluded from tax $75,706$580,168
Part IX · Statement of functional expenses $473,525 across 14 lines filed
IX-7 Other salaries and wagesPrograms $170,187 · Management $76,000$246,187
IX-10 Payroll taxesPrograms $34,706 · Management $15,592$50,298
IX-11c Accounting feesManagement $6,745$6,745
IX-11g Other fees for servicesManagement $1,659$1,659
IX-12 Advertising and promotionPrograms $2,453$2,453
IX-13 Office expensesPrograms $1,566$1,566
IX-16 OccupancyPrograms $1,130$1,130
IX-17 TravelPrograms $35,973$35,973
IX-19 Conferences, conventions and meetingsPrograms $457$457
IX-20 InterestPrograms $1,712$1,712
IX-22 Depreciation, depletion and amortizationPrograms $1,236$1,236
IX-23 InsurancePrograms $13,539$13,539
IX-24 Other expenses (24a–d)Programs $108,334$108,334
IX-24e All other expensesPrograms $2,236$2,236
IX-25 Total functional expensesPrograms $373,529 · Management $99,996 · Fundraising $0$473,525
Part X · Balance sheet $396,113 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $100,984$290,657
X-2 Savings and temporary cash investmentsStart of year $118,485$104,169
X-10c Land, buildings and equipment, netStart of year $2,523$1,287
X-15 Other assetsStart of year $325$0
X-16 Total assetsStart of year $233,217$396,113
X-17 Accounts payable and accrued expensesStart of year $17,137$15,311
X-24 Unsecured notes and loans payableStart of year $99,900$100,000
X-25 Other liabilitiesStart of year $6,238$64,217
X-26 Total liabilitiesStart of year $123,275$179,528
X-27 Net assets without donor restrictionsStart of year $109,942$216,585
X-32 Total net assets or fund balancesStart of year $109,942$216,585
X-33 Total liabilities and net assetsStart of year $233,217$396,113
Part XI · Reconciliation of net assets $216,585 net assets at year end
XI-1 Total revenue$580,168
XI-2 Total expenses$473,525
XI-3 Revenue less expenses$106,643
XI-4 Net assets at start of year$109,942
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$216,585

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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