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Pinnacle Alpine Ski Racing Club

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300207855 ✦ Bloomfield hills, MI ✦ Designated as a 501(c)(3)

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Overview

What is Pinnacle Alpine Ski Racing Club?

Pinnacle Alpine Ski Racing Club is a nonprofit organization committed to educating and nurturing aspiring ski racers. They achieve this by offering a range of programs that cover the costs of ski training and race day support services. The club's mission is to provide a comprehensive learning environment for individuals interested in ski racing, ensuring their growth and success in the sport.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (52%)

Pinnacle Alpine Ski Racing Club has received a low rating of 52%, reflecting significant areas of concern in its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. Additionally, several key policies, such as conflict of interest and whistleblower policies, are missing, indicating potential vulnerabilities in operational transparency.

On a positive note, the club scored well in terms of program expenses, with 100% of its expenditures directed towards its programs. This suggests a strong commitment to fulfilling its mission through direct service, which is a commendable aspect of its financial management. Furthermore, the organization has a solid ratio of liabilities to assets, indicating fiscal stability in that regard.

However, the absence of financial statements and a missing website link on the tax form underscores a lack of necessary public documentation, which could hinder donors' and stakeholders' ability to assess the organization properly. Overall, while Pinnacle Alpine Ski Racing Club demonstrates a strong program focus, improvements in governance and transparency are essential for enhancing its credibility and trustworthiness.


This AI summary has been generated from information found on Charity Navigator.

Is Pinnacle Alpine Ski Racing Club legitimate?

Pinnacle Alpine Ski Racing Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pinnacle Alpine Ski Racing Club 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: $0

For more financial information, click here

What is the mission statement of Pinnacle Alpine Ski Racing Club?

The Pinnacle Alpine Ski Racing Club is committed to educating and honing the skills of individuals in ski racing. They accomplish this through a range of programs, which cater to the costs involved in offering ski training and essential support services during race days. The club's objective is to ensure that aspiring ski racers have access to quality training and resources required to excel in the sport.

Who is the CEO of Pinnacle Alpine Ski Racing Club?

Joe Kosik Jr is the Pres./Trasurer of Pinnacle Alpine Ski Racing Club.

What is the revenue of Pinnacle Alpine Ski Racing Club?

Pinnacle Alpine Ski Racing Club's revenue in 2022 was $643,231.

Who are the executives of Pinnacle Alpine Ski Racing Club and what are their salaries?


Here are 3 key members and their salaries:


Joe Kosik Jr (Pres./Trasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Kosik (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pinnacle Alpine Ski Racing Club?

Pinnacle Alpine Ski Racing Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pinnacle Alpine Ski Racing Club

Pinnacle Alpine Ski Racing Club, a renowned organization, is dedicated to the education and training of aspiring ski racers. By implementing various programs, the club aims to cover the expenses necessary for providing comprehensive ski training and race day support services. The club's mission is to nurture the skills and potential of its members, fostering a competitive environment that encourages growth and development in the sport of ski racing.

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Impact




July, 2024

The Pinnacle Alpine Ski Racing Club has a significant impact on the development and advancement of individuals in the sport of ski racing. Through its education and training programs, the club equips athletes with the skills and support needed to excel in competitive skiing. By covering expenses related to ski training and race day services, the club ensures that participants have access to high-quality coaching and resources to enhance their performance on the slopes. Overall, Pinnacle Alpine Ski Racing Club plays a crucial role in nurturing talent and promoting excellence in the field of ski racing.




This information is meant to be a general summary of Pinnacle Alpine Ski Racing Club. 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.

Revenue
$643,231 (2022)
201120122013201420152016201720182019202020212022$0$200k$400k$600k$800k
Expenses
$536,733 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%2%4%6%9%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $262,922
  • Gross Receipts: $663,221

Assets and Liabilities:

  • Total Assets: $331,235
  • Total Liabilities: $0
  • Net Assets: $331,235

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CAMPS

Revenue

$237,661

RACE

Revenue

$24,131

APPAREL

Revenue

$1,130

Organization Details

Founding Year

2003

Principal Officer

Joe Kosik Jr

Main Address

43252 WOODWARD AVE STE 210, BLOOMFIELD HILLS, MI, 48302

NTEE Category

Code: P28 - Human services

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