Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1975.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
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
9 people listed on the 990; $117K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Matt Tomasko | $117,153 | $128,149 | $117,814 | $117,180 | $102,174 | $102,681 |
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.
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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
Teaches youth outdoor skills, sports, and sportsmanship through skiing, snowboarding, and mountain biking.
Questions for Lake Eldora Racing Team Association
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Core Program
Youth athletes ages 8-22, participating in the age class, ability and fis alpine ski racing programs. Athletes participate year round in dryland and summer ski programs. The winter program consists of part time and full time athletes. Enrollment for the 2024-2025 ski season was 63 athletes.
Single Track Mountain Bike Adventures (smba)
Smba is a mountain bike program serving the front range with youth ages 4-18 years old. Smba promotes physical fitness, mountain bike skill development and exposure to competitive mountain bike racing. The program consists of camps in the summer and team in the spring, fall and 2 summer sessions.
Youth Ski League (jr. Race Program)
The program is comprised of youth athletes ages 6-17 years old, participating in a 16 week program, on either sat. Or sunday operating dec. Through end the. March. Competitions take place on sundays with 4 away races and one at home. Enrollment for the 2024-2025 season was 105 athletes.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $499K | $431K |
| Total assetsLn 16 | $499K | $431K |
| LiabilitiesLn 26 | $1K | $0 |
| Net assetsLn 32 | $498K | $431K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $117K | $64K | $29K | $23K |
| Other salaries and wagesLn 7 | $813K | $691K | $73K | $49K |
| Pension plan contributionsLn 8 | $7K | $4K | $2K | $1K |
| Other employee benefitsLn 9 | $114K | $83K | $23K | $8K |
| Payroll taxesLn 10 | $71K | $59K | $9K | $4K |
| Accounting feesLn 11c | $4K | $2K | $1K | $350 |
| Advertising and promotionLn 12 | $5K | $5K | ||
| Office expensesLn 13 | $52K | $31K | $16K | $5K |
| Information technologyLn 14 | $15K | $11K | $5K | |
| OccupancyLn 16 | $5K | $3K | $2K | $255 |
| Conferences, conventions and meetingsLn 19 | $1K | $893 | $168 | $56 |
| InsuranceLn 23 | $58K | $52K | $6K | |
| Other expenses (24a–d)Ln 24 | $245K | $238K | $4K | $3K |
| Total functional expensesLn 25 | $1.5M | $1.2M | $169K | $94K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $1.4M | $1.5M | −$67K | $431K | 990 PDF |
| FY2024 | $1.5M | $1.6M | −$104K | $498K | 990 PDF |
| FY2023 | $1.2M | $1.3M | −$160K | $602K | 990 PDF |
| FY2022 | $1.3M | $1.3M | −$18K | $762K | 990 PDF |
| FY2021 | $1.5M | $1.0M | $469K | $780K | 990 PDF |
| FY2020 | $1.0M | $1.0M | −$31K | $310K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $1,439,875 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 2 to look at
Part VIII · Statement of revenue $1,439,875 across 6 lines filed
Part IX · Statement of functional expenses $1,507,013 across 13 lines filed
Part X · Balance sheet $431,019 assets, 6 lines filed
Part XI · Reconciliation of net assets $431,019 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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