Overview
What is Okemo Tutorial Program Inc?
Okemo Tutorial Program Inc, with its headquarters at 53 Main St, Ludlow, VT 05149, operates as Okemo Mountain School, a winter sports academy. This nonprofit organization, home to 55 students, is dedicated to nurturing top-tier alpine ski and snowboard competitors while ensuring academic success. Their mission is to empower and encourage motivated student-athletes, fostering their growth into accomplished individuals. The academy boasts a team of 41 employees who contribute to this mission, offering a combined athletic training and academic program.
Official website here: www.okemomountainschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
Okemo Tutorial Program Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its financial accountability and transparency. While the organization excels in its governance, with 100% independent board members and proper documentation of board meeting minutes, it lacks essential financial statements and related documentation. This raises questions about its financial management practices.
The organization demonstrates a strong commitment to its program activities, as evidenced by a high program expense ratio of 92.28%. This suggests that a significant portion of its funds is directed towards its educational mission. However, the absence of critical policies, such as a whistleblower policy and guidelines for document retention, highlights potential weaknesses in its operational governance.
Overall, while Okemo Tutorial Program Inc shows strengths in its board independence and program spending, the lack of transparency and missing financial documentation are significant drawbacks. These issues could impact the trust of current and potential donors, who may seek clearer insights into the charity's financial health and operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Okemo Tutorial Program Inc legitimate?
Okemo Tutorial Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Okemo Tutorial Program Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,109,719
For more financial information, click here
Official website here: www.okemomountainschool.org
What is the mission statement of Okemo Tutorial Program Inc?
Okemo Tutorial Program Inc, as a winter sports academy, is dedicated to fostering the growth of motivated student-athletes, helping them transform into successful individuals. By integrating rigorous athletic training with academic studies, the program ensures that the pursuit of excellence in sports does not compromise academic achievements. With a student body of 55, Okemo Tutorial Program Inc provides a nurturing environment that supports each student's development, aiming to shape well-rounded individuals.
Official website here: www.okemomountainschool.org
Who is the CEO of Okemo Tutorial Program Inc?
Richard White is the Board Member of Okemo Tutorial Program Inc.
Official website here: www.okemomountainschool.org
What is the revenue of Okemo Tutorial Program Inc?
Okemo Tutorial Program Inc's revenue in 2023 was $1,931,660.
Official website here: www.okemomountainschool.org
Who are the executives of Okemo Tutorial Program Inc and what are their salaries?
The average compensation at Okemo Tutorial Program Inc during 2023 was $27,066. There are 41 employees and 15 volunteers at Okemo Tutorial Program Inc.
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Official website here: www.okemomountainschool.org
Where can I find the form 990 for Okemo Tutorial Program Inc?
Okemo Tutorial Program Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.okemomountainschool.org
Learn more at the official website: www.okemomountainschool.org
Mission Statement of Okemo Tutorial Program Inc
Okemo Tutorial Program Inc, as a winter sports academy, is dedicated to supporting and nurturing motivated student-athletes. Its mission is to facilitate their growth into accomplished individuals, balancing their athletic training with their academic pursuits. By providing a comprehensive combined athletic training/academic program, the program ensures that the 55 students enrolled do not compromise their academic progress while striving to become top-tier alpine ski and snowboard competitors.
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Impact
July, 2024
Okemo Tutorial Program Inc, also known as Okemo Mountain School, has a significant impact in the development of top-notch alpine ski and snowboard competitors without compromising academics. The program challenges and supports motivated student-athletes to grow into successful individuals by providing a combined athletic training and academic program. With 55 students attending the academy, Okemo Mountain School plays a crucial role in nurturing young athletes and helping them achieve their full potential in both sports and academics.
This information is meant to be a general summary of Okemo Tutorial Program Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$143
- Program Service Revenue: $1,475,902
- Gross Receipts: $1,940,094
Assets and Liabilities:
- Total Assets: $1,402,451
- Total Liabilities: $978,304
- Net Assets: $424,147
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition fees
Revenue
$1,250,544
Training camp and fees
Revenue
$196,465
Application fees
Revenue
$4,050
Tuition refund insuranc
Revenue
$24,843
Organization Details
Founding Year
1991
Principal Officer
Richard White
Main Address
53 Main St, Ludlow, VT, 05149
Website
www.okemomountainschool.orgNTEE Category
Code: N40Z - Recreation
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