Overview
What is Mt Mansfield Ski Club & Academy Inc?
Mt Mansfield Ski Club & Academy Inc, established in 1934, is a nonprofit organization located in Stowe, Vermont. The primary focus of this organization is to nurture the passion for skiing in young individuals, with age groups ranging from 7 to 21 years old. By offering on-snow programs, they aim to instill values of sportsmanship, teamwork, and a lifelong love for skiing. Annually, they support around 250 athletes through these programs. As a dedicated alpine skiing organization, Mt Mansfield Ski Club & Academy Inc hosts various ski races throughout the winter season, including community, junior, international, and college events. The Stowe Derby, a renowned event in the ski community, takes place on their renowned race venue, Main Street, considered one of the best in the country. Additionally, they operate a full-service professional ski tuning facility, available to both members and the general public. During the winter months, their mission is to provide both ski education and academic education services to competitive skiers.
Official website here: www.mmsca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Mt Mansfield Ski Club & Academy Inc has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score reflects the organization's commitment to transparency and effective management, with notable strengths in governance, such as having a fully independent board and no material diversion of assets.
The organization demonstrates a strong program expense ratio of 82.85%, showing that a significant portion of its resources is devoted to its programs rather than administrative costs. Furthermore, all required policies, including conflict of interest and whistleblower protections, are in place, which enhances trust and accountability among stakeholders.
While the overall rating is commendable, there is always room for improvement in any nonprofit. Continued focus on maintaining financial stability and ensuring that programs effectively meet community needs will be essential for sustaining and enhancing its positive reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Mansfield Ski Club & Academy Inc legitimate?
Mt Mansfield Ski Club & Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Mansfield Ski Club & Academy 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: $145,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,495,620
For more financial information, click here
Official website here: www.mmsca.org
What is the mission statement of Mt Mansfield Ski Club & Academy Inc?
Mt Mansfield Ski Club & Academy Inc's mission is centered around providing education and training for competitive skiers, with a focus on both skiing skills and academic education. During the academic school year, they offer a comprehensive program for student athletes, aiming to instill values such as sportsmanship and teamwork, and fostering a lifelong love for skiing. The club also hosts various ski races throughout the winter, catering to a range of levels, from community events to international and college competitions. Additionally, they operate a professional ski tuning facility, serving both their members and the general public.
Official website here: www.mmsca.org
Who is the CEO of Mt Mansfield Ski Club & Academy Inc?
Igor Vanovac is the President of Mt Mansfield Ski Club & Academy Inc.
Official website here: www.mmsca.org
What is the revenue of Mt Mansfield Ski Club & Academy Inc?
Mt Mansfield Ski Club & Academy Inc's revenue in 2022 was $3,366,153.
Official website here: www.mmsca.org
Who are the executives of Mt Mansfield Ski Club & Academy Inc and what are their salaries?
The average compensation at Mt Mansfield Ski Club & Academy Inc during 2022 was $18,650. There are 88 employees and 157 volunteers at Mt Mansfield Ski Club & Academy Inc.
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- Compensation: $130,212
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- Other: $5,900
- Compensation: $104,073
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- Other: $4,114
Official website here: www.mmsca.org
Where can I find the form 990 for Mt Mansfield Ski Club & Academy Inc?
Mt Mansfield Ski Club & Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mmsca.org
Learn more at the official website: www.mmsca.org
Mission Statement of Mt Mansfield Ski Club & Academy Inc
Mt Mansfield Ski Club & Academy Inc is committed to providing both academic and skiing education to student athletes, focusing on competitive ski racing during the academic school year. The nonprofit organization's mission is to nurture the skills and values of its young athletes, allowing them to excel in alpine skiing while instilling a lifelong love for the sport. This is accomplished through various on-snow programs, which cater to athletes aged between 7 and 21 years old. The club fosters approximately 250 young athletes annually, with a strong emphasis on teaching them sportsmanship, teamwork, and the importance of these virtues in skiing.
Mt Mansfield Ski Club & Academy Inc is not just an alpine skiing organization but also plays a significant role in hosting various ski race events throughout the winter. These events cater to a wide range of competitions, from community and junior races to international and college competitions. The Stowe Derby, in particular, holds a prominent place in the ski community, with Main Street serving as a renowned race venue, widely recognized as one of the best in the country.
In addition to on-snow programs and ski racing events, Mt Mansfield Ski Club & Academy Inc operates a full-service professional ski tuning facility. Staffed by full-time technicians, the facility is open year-round and caters to both members and the general public. The nonprofit's commitment to providing comprehensive skiing education, coupled with its focus on academic education, makes it an invaluable resource for young athletes seeking to excel in competitive ski racing.
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Impact
July, 2024
Mt Mansfield Ski Club & Academy Inc's impact lies in its ability to provide high-quality education and training to young skiers aspiring to compete at a competitive level. The organization, with its strong heritage in skiing dating back to 1934, fosters approximately 250 young athletes annually by not only honing their technical skiing skills but also emphasizing values like sportsmanship and teamwork. Through on-snow programs designed for athletes aged 7 to 21, Mt. Mansfield Ski Club & Academy aims to instill a lifelong love for skiing in its students.
Moreover, as an alpine skiing organization, Mt Mansfield Ski Club & Academy hosts a variety of ski race events throughout the winter, ranging from community and junior races to international and college races. The renowned Stowe Derby, held on Main Street, is recognized for its excellence in the ski community and adds to the organization's impact in the skiing world.
In addition, Mt Mansfield Ski Club & Academy operates a full-service professional ski tuning facility that is open to both members and the general public, further contributing to the development and support of skiing enthusiasts. Overall, the organization's mission to provide academic education and ski training to student athletes for competitive ski racing underscores its significant impact on shaping the next generation of competitive skiers.
This information is meant to be a general summary of Mt Mansfield Ski Club & Academy 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 2022.
- Investment Income: $7,342
- Program Service Revenue: $2,863,613
- Gross Receipts: $3,394,047
Assets and Liabilities:
- Total Assets: $7,125,746
- Total Liabilities: $3,253,290
- Net Assets: $3,872,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Academic Tuition & Fees
Revenue
$957,440
Athletic Tuition & Fees
Revenue
$1,044,145
Camp Tuition
Revenue
$386,290
Race Income
Revenue
$263,475
Ski Tuning Services
Revenue
$148,545
Organization Details
Founding Year
1996
Phone
(802) 253-7704Principal Officer
Igor Vanovac
Main Address
65 Academy Way, Stowe, VT, 05672
Website
www.mmsca.orgNTEE Category
Code: B25P - Education
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