Far West Skiing INC

Tax-deductible

Truckee, CA501(c)(3)Recreation & SportsEIN 77-0404232

Promote the skiing development of young athletes from the Far West region with the objective of placing competitors onto the US Ski Team. Far West also promotes alpine competition at all levels and provides financial support to athletes and coaches.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 40 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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 $20K a year · 8% 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
Liabilities
−$835
-0.4% of total assets
Looks good: liabilities are -0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$265K
-18% vs prior year
Spent
$232K
To programs
99%
Net assets
$218K
By yearFY2021–FY2025
Revenue
$265K
FY2025▼ -18%
Revenue by fiscal year
FY2021$144K
FY2022$280K
FY2023$302K
FY2024$325K
FY2025$265K
Expenses
$232K
FY2025▼ -23%
Expenses by fiscal year
FY2021$175K
FY2022$242K
FY2023$264K
FY2024$302K
FY2025$232K
Net assets
$218K
FY2025▲ +18%
Net assets by fiscal year
FY2021$86K
FY2022$124K
FY2023$162K
FY2024$186K
FY2025$218K

From the FY2025 Form 990 (year ending May 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1998.

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% · $229K Management & general 1% · $2K

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

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Special Int.
$0Pt VII · Sec A
At Large Centra
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Special Int.
$0Pt VII · Sec A
At Large South
$0Pt VII · Sec A
Athlete Rep
$0Pt VII · Sec A
See Far West Skiing 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops young skiers and supports alpine competition to help athletes reach the US Ski Team.

Provided by the organization

This section is blank until Far West Skiing INC claims this page.

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1 program service account for $229K of program spending, described in the organization's own filed words · FY2024.
01

Provided the administrative support of making the arragement for the junior racers to attend out of area races such as regional championships,such as the u16 regional championships and western region junior championships.

$229Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 14 grants · $92K · 2020–2024
Unitemized GrantFY2024$15,650
Unitemized GrantFY2024$2,000
Unitemized GrantFY2024$2,000
Unitemized GrantFY2023$16,050
Unitemized GrantFY2023$2,000
Unitemized GrantFY2023$2,000
Unitemized GrantFY2022$15,850
Unitemized GrantFY2022$2,000
Unitemized GrantFY2022$1,000
Unitemized GrantFY2021$17,660
Unitemized GrantFY2020$9,050
Unitemized GrantFY2020$3,600
Unitemized GrantFY2020$2,000
Unitemized GrantFY2020$1,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$265K
Ln 12
Fees for servicesLn 2g$233K
Gifts and grantsLn 1h$25K
Investment incomeLn 3$7K
Money outPt IX
$232K
Ln 25
Programscol B$229K
Managementcol C$2K
Owns and owesPt X
$218K
net assets · Ln 32
Cash and savingsLn 1–2$110K
Total assetsLn 16$218K
LiabilitiesLn 26−$835
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Fees for servicesLn 2g$233K
Investment incomeLn 3$7K
Other incomeLn 4–11$96
Gains on assetsLn 7$0
Total revenueLn 12$265K
Assets in detailPt X, end of year
CashLn 1$110K
SavingsLn 2$0
Cash and savings togetherLn 1–2$110K
InvestmentsLn 11–13$102K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$0
Total assetsLn 16$218K
LiabilitiesLn 26−$835
Net assetsLn 32$218K
OperationsPt I, VI
EmployeesI 52
VolunteersI 640
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$83K$110K
InvestmentsLn 11–13$96K$102K
Land, buildings, equipmentLn 10c$7K$4K
Total assetsLn 16$186K$218K
LiabilitiesLn 26$0−$835
Net assetsLn 32$186K$218K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$20K$20K
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$55K$55K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$5K$5K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$3K$3K
Information technologyLn 14$940$940
RoyaltiesLn 15$0
OccupancyLn 16$4K$4K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$15K$15K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$6K$5K$600
Other expenses (24a–d)Ln 24$113K$113K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$232K$229K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $265K$232K$33K$218K 990 PDF
FY2024 $325K$302K$23K$186K 990 PDF
FY2023 $302K$264K$38K$162K 990 PDF
FY2022 $280K$242K$38K$124K 990 PDF
FY2021 $144K$175K−$31K$86K 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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $264,749 across 9 lines filed
VIII-1f All other contributions, gifts and grants$25,177
VIII-1h Total contributions, gifts and grants$25,177
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $232,698$232,698
VIII-3 Investment incomeRelated to mission $6,778$6,778
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$96
VIII-12 Total revenueRelated to mission $239,476$264,749
Part IX · Statement of functional expenses $231,908 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $19,650$19,650
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$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $55,200$55,200
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $4,765$4,765
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,885$1,885
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $2,850$2,850
IX-14 Information technologyPrograms $940$940
IX-15 Royalties$0
IX-16 OccupancyPrograms $3,576$3,576
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $15,003$15,003
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $2,600$2,600
IX-23 InsurancePrograms $4,930 · Management $600$5,530
IX-24 Other expenses (24a–d)Programs $113,406$113,406
IX-24e All other expensesPrograms $6,503$6,503
IX-25 Total functional expensesPrograms $229,423 · Management $2,485 · Fundraising $0$231,908
Part X · Balance sheet $217,585 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $82,618$110,114
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $48$1,057
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $6,717$4,117
X-11 Publicly traded securitiesStart of year $96,468$102,297
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $185,851$217,585
X-25 Other liabilities−$835
X-26 Total liabilitiesStart of year $0−$835
X-27 Net assets without donor restrictionsStart of year $185,851$218,420
X-32 Total net assets or fund balancesStart of year $185,851$218,420
X-33 Total liabilities and net assetsStart of year $185,851$217,585
Part XI · Reconciliation of net assets $218,420 net assets at year end
XI-1 Total revenue$264,749
XI-2 Total expenses$231,908
XI-3 Revenue less expenses$32,841
XI-4 Net assets at start of year$185,851
XI-5 Net unrealized gains (losses) on investments−$272
XI-10 Net assets at end of year$218,420

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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