philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Vasaloppet INC FY2022 filing

Tax-deductible

Mora, MN501(c)(3)Foundations & Grantmakers EIN 41-1286376Revenue $224K in FY2022

On file with the IRSvasaloppet.us100 Union St S, 55051-1541 · Mora, MNTax-exempt since Jun 1996Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To promote a healthy and active outdoor lifestyle, including economic and social benefits, through cross country skiing and related programs for youth, families, and serious competitors.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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 5
filings with a surplus
Average surplus $3K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$43K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$224K
+27% vs prior year
Spent
$220K
To programs
99%
Net assets
$731K
By yearFY2021–FY2025
Revenue
$224K
FY2022▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2021$176K
FY2022$224K
FY2023$214K
FY2024$108K
FY2025$231K
Expenses
$220K
FY2022▲ +39%
Tap a bar for its year
Expenses by fiscal year
FY2021$158K
FY2022$220K
FY2023$209K
FY2024$182K
FY2025$168K
Net assets
$731K
FY2022+0.5%
Tap a bar for its year
Net assets by fiscal year
FY2021$728K
FY2022$731K
FY2023$727K
FY2024$653K
FY2025$715K

From the FY2022 Form 990 (year ending April 2022) · see the original

Give Claim
You’re viewing the FY2022 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 1996.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $219K Management & general 1% · $2K

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

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Katie Kerr
President
$0Pt VII · Sec A
Chip Gerdin
Vice Preside
$0Pt VII · Sec A
Jon Larson
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Danna Woods
Kranskulla
$0Pt VII · Sec A
Don Olson
Director
$0Pt VII · Sec A
Lucas Olen
Director
$0Pt VII · Sec A
Matt Felger
Director
$0Pt VII · Sec A
See Vasaloppet INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Promotes healthy outdoor lifestyles through cross-country skiing programs for all ages.

Questions for Vasaloppet INC

Tap to ask. Vasaloppet INC sees how many people are interested.

Your first name shows with your question. Vasaloppet INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $87K · in their own filed words · FY2021
01

Organization of annual cross country ski race which includes a number of different race classes based on ski style, race length, and age of participants. Many other activities are available to get youth involved. Total race entries vary each year due to weather and snow conditions. Participation levels of 1000 are normal.

$52Kprogram expense
02

The organization encourages the interest in cross country skiing by working with the local school district and maintaining practice loops available to students and the general public. Many hours of volunteer labor go into maintaining these loops which are also used on race day.

$36Kprogram 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
Onan Family FoundationFY2025$8K
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$224K
Ln 12
Fees for servicesLn 2g$127K
Gifts and grantsLn 1h$59K
Other incomeLn 4–11$37K
Money outPt IX
$220K
Ln 25
Programscol B$219K
Managementcol C$2K
Owns and owesPt X
$731K
net assets · Ln 32
Cash and savingsLn 1–2$105K
Total assetsLn 16$775K
LiabilitiesLn 26$43K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$59K
Government grantsLn 1e$3K
Fees for servicesLn 2g$127K
Investment incomeLn 3$23
Other incomeLn 4–11$37K
Total revenueLn 12$224K
Assets in detailPt X, end of year
CashLn 1$73K
SavingsLn 2$32K
Cash and savings togetherLn 1–2$105K
Land, buildings, equipmentLn 10c$667K
Total assetsLn 16$775K
LiabilitiesLn 26$43K
Net assetsLn 32$731K
OperationsPt I, VI
EmployeesI 52
VolunteersI 6350
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 FY22End FY22
Cash and savingsLn 1–2$113K$105K
Land, buildings, equipmentLn 10c$654K$667K
Total assetsLn 16$777K$775K
LiabilitiesLn 26$49K$43K
Net assetsLn 32$728K$731K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$800$800
Other salaries and wagesLn 7$17K$17K
Payroll taxesLn 10$1K$1K
Legal feesLn 11b$4K$3K$575
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$6K$6K$274
OccupancyLn 16$20K$20K$465
InterestLn 20$591$591
Depreciation, depletion and amortizationLn 22$32K$32K
InsuranceLn 23$7K$7K$575
Other expenses (24a–d)Ln 24$115K$115K
Total functional expensesLn 25$220K$219K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $231K$168K$62K$715K 990 PDF
FY2024 $108K$182K−$74K$653K 990 PDF
FY2023 $214K$209K$6K$727K 990 PDF
FY2022 Viewing $224K$220K$4K$731K 990 PDF
FY2021 $176K$158K$18K$728K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $224,018 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $83,945$59,406
I-9 Program service revenuePrior year $71,943$127,489
I-10 Investment incomePrior year $9$23
I-11 Other revenuePrior year $20,466$37,100
I-12 Total revenuePrior year $176,363$224,018
I-13 Grants and similar amounts paidPrior year $1,800$800
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $19,219$18,397
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $137,363$201,297
I-18 Total expensesPrior year $158,382$220,494
I-19 Revenue less expensesPrior year $17,981$3,524
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $224,018 across 8 lines filed
Lines not itemized here account for $3,956 of total revenue; see the IRS return.
VIII-1e Government grants$3,000
VIII-1f All other contributions, gifts and grants$56,406
VIII-1h Total contributions, gifts and grants$59,406
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $127,489$127,489
VIII-3 Investment incomeRelated to mission $23$23
VIII-8 Net income from fundraising events$31,685
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,459$1,459
VIII-12 Total revenueRelated to mission $132,927$224,018
Part IX · Statement of functional expenses $220,494 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $800$800
IX-7 Other salaries and wagesPrograms $17,070$17,070
IX-10 Payroll taxesPrograms $1,327$1,327
IX-11b Legal feesPrograms $3,072 · Management $575$3,647
IX-12 Advertising and promotionPrograms $16,410$16,410
IX-13 Office expensesPrograms $6,060 · Management $274$6,334
IX-16 OccupancyPrograms $19,628 · Management $465$20,093
IX-20 InterestPrograms $591$591
IX-22 Depreciation, depletion and amortizationPrograms $32,016$32,016
IX-23 InsurancePrograms $6,734 · Management $575$7,309
IX-24 Other expenses (24a–d)Programs $114,897$114,897
IX-25 Total functional expensesPrograms $218,605 · Management $1,889 · Fundraising $0$220,494
Part X · Balance sheet $774,793 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $104,541$72,647
X-2 Savings and temporary cash investmentsStart of year $8,581$32,000
X-8 Inventories for sale or useStart of year $10,354$3,258
X-10c Land, buildings and equipment, netStart of year $653,909$666,888
X-16 Total assetsStart of year $777,385$774,793
X-17 Accounts payable and accrued expenses$13
X-19 Deferred revenueStart of year $15,316$12,389
X-25 Other liabilitiesStart of year $34,106$30,904
X-26 Total liabilitiesStart of year $49,422$43,306
X-27 Net assets without donor restrictionsStart of year $717,800$721,324
X-28 Net assets with donor restrictionsStart of year $10,163$10,163
X-32 Total net assets or fund balancesStart of year $727,963$731,487
X-33 Total liabilities and net assetsStart of year $777,385$774,793
Part XI · Reconciliation of net assets $731,487 net assets at year end
XI-1 Total revenue$224,018
XI-2 Total expenses$220,494
XI-3 Revenue less expenses$3,524
XI-4 Net assets at start of year$727,963
XI-10 Net assets at end of year$731,487

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.