Mt Holiday INC FY2020 filing

Tax-deductible

Traverse City, MI501(c)(3)Recreation & SportsEIN 30-0030865Revenue $561K in FY2020

On file with the IRSmt-holiday.com3100 Holiday Rd, 49686-3719 · Traverse City, MITax-exempt since Jun 2002Publicly supported charity — 170(b)(1)(A)(vi)

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To provide the opportunity to learn and particiapte in winter and summer outdoor recreational activites, regardless of person or organization's financial situation.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
4 of 6
filings with a surplus
Average surplus $228K a year · 22% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $111K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$402K
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$561K
Spent
$615K
To programs
91%
Net assets
$564K
By yearFY2020–FY2025
Revenue
$561K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$561K
FY2021$755K
FY2022$1.0M
FY2023$1.2M
FY2024$747K
FY2025$1.9M
Expenses
$615K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$615K
FY2021$514K
FY2022$672K
FY2023$933K
FY2024$935K
FY2025$1.2M
Net assets
$564K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$564K
FY2021$805K
FY2022$1.1M
FY2023$1.4M
FY2024$1.2M
FY2025$2.0M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Jun 2002.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $559K Management & general 9% · $53K Fundraising 1% · $3K

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

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Nathan Noyes’s $6K as Ex Director is at the 2nd percentile of top reported officer pay among 1843 $1–10M 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

Offers free winter and summer outdoor recreation for all, regardless of financial situation.

Questions for Mt Holiday INC

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Provided by the organization

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1 program · $559K · in their own filed words · FY2019
01

Operation of ski area and related services and equipment in furtherance of the exempt purpose.

$559Kprogram 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 · FY2024
See all 9 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$561K
Ln 12
Fees for servicesLn 2g$284K
Other incomeLn 4–11$166K
Gifts and grantsLn 1h$111K
Money outPt IX
$615K
Ln 25
Programscol B$559K
Managementcol C$53K
Fundraisingcol D$3K
Owns and owesPt X
$564K
net assets · Ln 32
Cash and savingsLn 1–2$74K
Total assetsLn 16$966K
LiabilitiesLn 26$402K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$111K
Fees for servicesLn 2g$284K
Investment incomeLn 3$49
Other incomeLn 4–11$166K
Total revenueLn 12$561K
Assets in detailPt X, end of year
CashLn 1$74K
Cash and savings togetherLn 1–2$74K
Land, buildings, equipmentLn 10c$872K
Other assetsLn 15$20K
Total assetsLn 16$966K
LiabilitiesLn 26$402K
Net assetsLn 32$564K
OperationsPt I, VI
EmployeesI 5107
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$62K$74K
Land, buildings, equipmentLn 10c$837K$872K
Total assetsLn 16$927K$966K
LiabilitiesLn 26$308K$402K
Net assetsLn 32$619K$564K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$298K$250K$48K
Other employee benefitsLn 9$321$321
Payroll taxesLn 10$30K$25K$5K
Advertising and promotionLn 12$3K$342$3K
Office expensesLn 13$6K$6K
InterestLn 20$16K$16K
Depreciation, depletion and amortizationLn 22$68K$68K
InsuranceLn 23$58K$58K
Other expenses (24a–d)Ln 24$119K$119K
All other expensesLn 24e$17K$17K
Total functional expensesLn 25$615K$559K$53K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.9M$1.2M$752K$2.0M 990 PDF
FY2024 $747K$935K−$189K$1.2M 990 PDF
FY2023 $1.2M$933K$285K$1.4M 990 PDF
FY2022 $1.0M$672K$335K$1.1M 990 PDF
FY2021 $755K$514K$241K$805K 990 PDF
FY2020 Viewing $561K$615K−$55K$564K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $560,583 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $111,761$110,806
I-9 Program service revenuePrior year $407,889$284,037
I-10 Investment incomePrior year $119$49
I-11 Other revenuePrior year $113,303$165,691
I-12 Total revenuePrior year $633,072$560,583
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $312,902$328,851
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $372,151$286,527
I-18 Total expensesPrior year $685,053$615,378
I-19 Revenue less expensesPrior year −$51,981−$54,795
Part VI · Governance 14 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $560,583 across 7 lines filed
Lines not itemized here account for $93,773 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$110,806
VIII-1h Total contributions, gifts and grants$110,806
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $284,037$284,037
VIII-3 Investment incomeExcluded from tax $49$49
VIII-8 Net income from fundraising events$70,412
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,506$1,506
VIII-12 Total revenueRelated to mission $379,316 · Excluded from tax $49$560,583
Part IX · Statement of functional expenses $615,378 across 10 lines filed
IX-7 Other salaries and wagesPrograms $250,062 · Management $48,377$298,439
IX-9 Other employee benefitsPrograms $321$321
IX-10 Payroll taxesPrograms $25,254 · Management $4,837$30,091
IX-12 Advertising and promotionPrograms $342 · Fundraising $3,081$3,423
IX-13 Office expensesPrograms $5,665$5,665
IX-20 InterestPrograms $15,957$15,957
IX-22 Depreciation, depletion and amortizationPrograms $67,822$67,822
IX-23 InsurancePrograms $57,764$57,764
IX-24 Other expenses (24a–d)Programs $118,749$118,749
IX-24e All other expensesPrograms $17,147$17,147
IX-25 Total functional expensesPrograms $559,083 · Management $53,214 · Fundraising $3,081$615,378
Part X · Balance sheet $965,961 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $61,881$74,175
X-10c Land, buildings and equipment, netStart of year $837,464$871,676
X-15 Other assetsStart of year $20,652$20,110
X-16 Total assetsStart of year $926,782$965,961
X-17 Accounts payable and accrued expensesStart of year $63,554$64,959
X-26 Total liabilitiesStart of year $307,919$401,893
X-32 Total net assets or fund balancesStart of year $618,863$564,068
X-33 Total liabilities and net assetsStart of year $926,782$965,961
Part XI · Reconciliation of net assets $564,068 net assets at year end
XI-1 Total revenue$560,583
XI-2 Total expenses$615,378
XI-3 Revenue less expenses−$54,795
XI-4 Net assets at start of year$618,863
XI-10 Net assets at end of year$564,068

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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