Silverfork Skimo Foundation EIN 99-3146661 Form 990 (PDF) Claim this org

Silverfork Skimo Foundation

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Silverfork Skimo Foundation is a recreation and sports nonprofit based in Midvale, UT, formed in 2024. For fiscal year 2025 it reported $206K in revenue, $87K in expenses, and $167K in net assets.Pt I

Founded
2024
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Midvale, UT
Website
silverforkskimo.com
Filings
2 on file (2024–2025)
Revenue
$206KFY2025
Expenses
$87K
Net assets
$167K
People
3
Filings
2
Updates
0
More identity details & actions ⌄
EIN  99-3146661 Public charity (501(c)(3)) Midvale, UT Founded 2024
Form 990 (PDF)
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Size
$100K–1M
What they do
a recreation and sports nonprofit
Leadership
Sarah Cookler · Executive Director & Board · $11K
Money in and out
$206K revenue, $87K expenses
Bottom line
90% program efficiency
Where the money goes · FY2025
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$87K
Pt IX · Ln 25
Net assets
$167K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $119K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
22.8mo
months of highly liquid reserves at operating expense rate▲ +143% vs prior filing year
Surplus margin
+58%
revenue over expenses, this year▲ +94% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$206K
FY2025▲ +136%
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$87K
Pt IX · Ln 25
Net assets
$167K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$119K
Total assetsPt X · Ln 16$167K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSilverfork Skimo Foundation
EINHdr · item D99-3146661
Principal addressHdr · item CMidvale, UT
WebsiteHdr · item Jsilverforkskimo.com
Year of formationHdr · item L2024
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N60)
Ruling yearIRS BMFJun 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director & Board
$10,640Pt VII · Sec A
Secretary & Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Sarah Cookler’s $11K as Executive Director & Board is at the 25th percentile of top reported officer pay among 1018 $100K–1M 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Sarah Cookler$10,640$24,400

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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Mission & Programs · Part III

Where the work happens

2 program services account for $78K of program spending, described in the organization's own filed words · FY2025.
01

Cultivating the talents of young skiers and providing them training, educational resources, and support in competing in national and international ski mountaineering competition.

$78Kprogram expense
02

Supporting young skiers in their desire to recreate safely in the mountains.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$120K · 58%
Program service revenue$86K · 42%
Contributions & grants58%$120K
Program service revenue42%$86K
Total revenueLn 12$206K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$78K
Management & general10%$9K
Total functional expensesLn 25$87K

Balance Sheet

Part X · end of year
CashLn 1$165K
Total assetsLn 16$167K
Total liabilitiesLn 26$0
Total net assetsLn 32$167K
Months of cash on handcomputed22.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $165K · Operating expenses/yr $87K
22.8 months
Where the money goes
Program services
Program services $78K · Total expenses $87K
90%
Management & General
Management & general $9K · Total expenses $87K
10%
Fundraising
Fundraising $0 · Total expenses $87K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $120K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $120K · Total revenue $206K
58%
Government reliance
Government grants — · Total revenue $206K
Earned-income share
Program service revenue $86K · Total revenue $206K
42%
Investment reliance
Investment income $0 · Total revenue $206K
0%
Program self-sufficiency
Program service revenue $86K · Total expenses $87K
99%
Growth & trend
Revenue growth (YoY)
This year $206K · Prior year $87K
+136%
Net-asset trend (YoY)
End of year $167K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $206K · Expenses $87K
+58%
Liabilities-to-Assets
Total liabilities — · Total assets $167K
Net-asset ratio
Net assets $167K · Total assets $167K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $167K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sarah Cookler · Reported title Executive Director & Board · Highest reported compensation $11K · Total expenses $87K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $11K · Total expenses $87K
12%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Revenue growth 136%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$206K revenue · viewing · ⤓ 990 PDF
FY2024$87K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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