Ski for Light INC FY2024 filing

Tax-deductible

Minneapolis, MN501(c)(3)Since 1975EIN 51-0175938Revenue $474K in FY2024

On file with the IRSsfl.org1455 W Lake St, 55408-2646 · Minneapolis, MNTax-exempt since Mar 1976Publicly supported charity — 170(b)(1)(A)(vi)

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The mission of Ski for Light is to enhance the quality of life and independence of visually or mobility impaired adults through a program of cross-country skiing.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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 $105K a year · 25% 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
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 13.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $92K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$474K
+17% vs prior year
Spent
$371K
To programs
82%
Net assets
$941K
By yearFY2020–FY2025
Revenue
$474K
FY2024▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$355K
FY2021$199K
FY2022$224K
FY2023$405K
FY2024$474K
FY2025$833K
Expenses
$371K
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$312K
FY2021$35K
FY2022$57K
FY2023$394K
FY2024$371K
FY2025$692K
Net assets
$941K
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$549K
FY2021$772K
FY2022$796K
FY2023$855K
FY2024$941K
FY2025$1.1M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1976.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $304K Management & general 17% · $65K Fundraising 0% · $1K

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

33 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Former Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ski for Light INC 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers cross-country ski programs for adults with visual or mobility impairments.

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Provided by the organization

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2 programs · $304K · in their own filed words · FY2023
01

Ski for light staged the 49TH annual SFL international week january 28 - february 4, 2024 in rhinelander, wi. More than 220 visually- and mobility-impaired skiers, sighted guides, and other volunteers attended the event.

$291Kprogram expense
02

Ridderrenn

In march of 2024 ski for light sent a team of 3 visually-impaired skiers and 3 sighted guides to the ridderrenn, a weeklong norwegian cross-country ski event after which ski for light was patterned.

$14Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 6 funders$92K
See all 6 funders →
Grants paid · 4 grants · $65K · 2022–2024
Unitemized GrantFY2024$17,310
Unitemized GrantFY2023$13,721
Unitemized GrantFY2022$23,935

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$474K
Ln 12
Fees for servicesLn 2g$203K
Gifts and grantsLn 1h$180K
Investment incomeLn 3$89K
Money outPt IX
$371K
Ln 25
Programscol B$304K
Managementcol C$65K
Fundraisingcol D$1K
Owns and owesPt X
$941K
net assets · Ln 32
Cash and savingsLn 1–2$415K
Total assetsLn 16$947K
LiabilitiesLn 26$6K
PeoplePt VI, VII
33
listed · VII A
PaidVII A0
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$180K
Noncash giftsLn 1g$18K
Fees for servicesLn 2g$203K
Investment incomeLn 3$89K
Other incomeLn 4–11$2K
Gains on assetsLn 7$55K
Total revenueLn 12$474K
Assets in detailPt X, end of year
CashLn 1$95K
SavingsLn 2$320K
Cash and savings togetherLn 1–2$415K
InvestmentsLn 11–13$504K
Total assetsLn 16$947K
LiabilitiesLn 26$6K
Net assetsLn 32$941K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6140
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$355K$415K
InvestmentsLn 11–13$476K$504K
Total assetsLn 16$870K$947K
LiabilitiesLn 26$15K$6K
Net assetsLn 32$855K$941K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$14K$14K
Accounting feesLn 11c$10K$10K
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$20K$20K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$11K$4K$7K$1K
Information technologyLn 14$4K$4K
TravelLn 17$24K$24K
Conferences, conventions and meetingsLn 19$5K$5K
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$1K$425$707
Other expenses (24a–d)Ln 24$267K$259K$8K
Total functional expensesLn 25$371K$304K$65K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $833K$692K$141K$1.1M 990 PDF
FY2024 Viewing $474K$371K$104K$941K 990 PDF
FY2023 $405K$394K$12K$855K 990 PDF
FY2022 $224K$57K$167K$796K 990 PDF
FY2021 $199K$35K$164K$772K 990 PDF
FY2020 $355K$312K$43K$549K 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 FY2024 990 (6 parts)
Part I · Summary $474,377 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $181,945$179,530
I-9 Program service revenuePrior year $223,702$203,086
I-10 Investment incomePrior year −$5,698$89,298
I-11 Other revenuePrior year $5,355$2,463
I-12 Total revenuePrior year $405,304$474,377
I-13 Grants and similar amounts paidPrior year $33,935$13,721
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $359,756$356,802
I-18 Total expensesPrior year $393,691$370,523
I-19 Revenue less expensesPrior year $11,613$103,854
Part VI · Governance 25 of 25 board members independent, 2 to look at
VI-1a Voting members of the governing body25
VI-1b Independent voting members25
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $474,377 across 8 lines filed
Lines not itemized here account for $2,463 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$179,530
VIII-1g Noncash contributions (included above)$17,811
VIII-1h Total contributions, gifts and grants$179,530
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $203,086$203,086
VIII-3 Investment incomeExcluded from tax $33,804$33,804
VIII-7 Net gain or loss on sales of assetsExcluded from tax $55,494$55,494
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $203,474 · Unrelated business $0 · Excluded from tax $91,373$474,377
Part IX · Statement of functional expenses $370,523 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $13,721$13,721
IX-11c Accounting feesManagement $9,961$9,961
IX-11f Investment management feesManagement $5,060$5,060
IX-11g Other fees for servicesManagement $19,648$19,648
IX-12 Advertising and promotionPrograms $3,591$3,591
IX-13 Office expensesPrograms $3,557 · Management $6,536 · Fundraising $1,386$11,479
IX-14 Information technologyManagement $4,486$4,486
IX-17 TravelPrograms $23,673$23,673
IX-19 Conferences, conventions and meetingsManagement $4,868$4,868
IX-22 Depreciation, depletion and amortizationManagement $5,715$5,715
IX-23 InsurancePrograms $425 · Management $707$1,132
IX-24 Other expenses (24a–d)Programs $259,457 · Management $7,732$267,189
IX-25 Total functional expensesPrograms $304,424 · Management $64,713 · Fundraising $1,386$370,523
Part X · Balance sheet $946,782 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $126,364$95,202
X-2 Savings and temporary cash investmentsStart of year $228,940$319,861
X-3 Pledges and grants receivable$4
X-9 Prepaid expenses and deferred chargesStart of year $12,104$4,530
X-11 Publicly traded securitiesStart of year $475,732$504,150
X-14 Intangible assetsStart of year $27,250$23,035
X-16 Total assetsStart of year $870,390$946,782
X-17 Accounts payable and accrued expensesStart of year $14,955$6,161
X-26 Total liabilitiesStart of year $14,955$6,161
X-27 Net assets without donor restrictionsStart of year $379,703$436,471
X-28 Net assets with donor restrictionsStart of year $475,732$504,150
X-32 Total net assets or fund balancesStart of year $855,435$940,621
X-33 Total liabilities and net assetsStart of year $870,390$946,782
Part XI · Reconciliation of net assets $940,621 net assets at year end
XI-1 Total revenue$474,377
XI-2 Total expenses$370,523
XI-3 Revenue less expenses$103,854
XI-4 Net assets at start of year$855,435
XI-5 Net unrealized gains (losses) on investments−$18,668
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$940,621

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

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