Overview
What is Lake Eldora Racing Team?
Lake Eldora Racing Team, operating under the name Eldora Mountain Ski Club, is a nonprofit organization based in Boulder, Colorado. Their core program focuses on youth athletes aged 8 to 22, engaging them in alpine ski racing groups ranging from U10 to FIS. Year-round participation includes dryland training, summer ski camps, and a winter program with part-time and full-time programs. Enrollment for the 2021-2022 season counted 98 athletes, with the ability and age class programs promoting regional, national, and international competitions. Lake Eldora Racing Team's mission revolves around youth outdoor education, sports, and sportsmanship, with winter programs encompassing ski and snowboard racing and competition, and summer seasons incorporating mountain biking and dryland training to prepare for the winter season. The program is staffed by full-time, year-round coaches and seasonal part-time coaches. The total employee count is 92.
Official website here: www.emsc.lertprograms.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating.
The Lake Eldora Racing Team has earned a Two-Star rating, reflecting a score of 73% which indicates some strengths but also notable areas for improvement. The organization demonstrates strong governance with 100% independent board members and no material diversion of assets. Their program expense ratio is commendable at 80.98%, suggesting a significant portion of their funds directly supports their mission.
However, the organization has weaknesses in its accountability and transparency practices. Key policies such as the whistleblower policy and document retention and destruction policy are missing, which raises concerns about oversight and accountability. Additionally, the tax form is not posted on the nonprofit's website, which could limit access to important financial information for potential donors and stakeholders.
Overall, while the Lake Eldora Racing Team shows a commitment to its programs and responsible financial management, it needs to enhance its policies and transparency to improve its rating and strengthen trust with the community and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Eldora Racing Team legitimate?
Lake Eldora Racing Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Eldora Racing Team 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: $117,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $694,929
For more financial information, click here
Official website here: www.emsc.lertprograms.com
What is the mission statement of Lake Eldora Racing Team?
The Lake Eldora Racing Team is dedicated to providing outdoor education, sports, and sportsmanship opportunities for youth, catering to ages between 6 and 22. During the winter, the team focuses on ski and snowboard racing and competitions. Conversely, the summer season offers mountain biking and dryland training, preparing athletes for the upcoming winter season. The team's core program enrolls youth athletes from ages 8 to 22, participating in various alpine ski racing groups. Athletes engage in year-round activities, including dryland training, summer ski camps, and the winter program, which consists of part-time and full-time programs. The team promotes regional, national, and international competition through these programs, with a strong coaching team consisting of full-time, year-round coaches, as well as part-time and seasonal coaches.
Official website here: www.emsc.lertprograms.com
Who is the CEO of Lake Eldora Racing Team?
Matt Tomasko is the Executive Di of Lake Eldora Racing Team.
Official website here: www.emsc.lertprograms.com
What is the revenue of Lake Eldora Racing Team?
Lake Eldora Racing Team's revenue in 2022 was $1,312,934.
Official website here: www.emsc.lertprograms.com
Who are the executives of Lake Eldora Racing Team and what are their salaries?
The average compensation at Lake Eldora Racing Team during 2022 was $8,827. There are 92 employees and 297 volunteers at Lake Eldora Racing Team.
Here are 9 key members and their salaries:
- Compensation: $117,180
- Related: $0
- Other: $37,272
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.emsc.lertprograms.com
Where can I find the form 990 for Lake Eldora Racing Team?
Lake Eldora Racing Team's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.emsc.lertprograms.com
Learn more at the official website: www.emsc.lertprograms.com
Mission Statement of Lake Eldora Racing Team
Lake Eldora Racing Team, a youth-focused organization, is dedicated to providing outdoor education, sports, and sportsmanship. Their winter program encompasses ski and snowboard racing and competitions, while their summer season includes mountain biking and dryland training, all geared towards preparing athletes for the winter season. This nonprofit caters to individuals aged 6 to 22, offering programs that foster both athletic development and personal growth.
The primary focus of Lake Eldora Racing Team is their core program, which involves athletes aged 8 to 22 participating in alpine ski racing groups, ranging from U10 to FIS. These athletes engage in year-round activities, including dryland training, summer ski camps, and the winter program, which offers part-time and full-time programs. The Lake Eldora Racing Team promotes regional, national, and even international competition through these programs, ensuring that its participants have ample opportunities to showcase their skills and talents.
The team is staffed by a team of dedicated coaches, with full-time, year-round coaches leading the way, along with part-time and seasonal coaches. This robust coaching structure ensures that athletes receive the support and guidance they need to excel in their chosen sport. With a mission to foster youth outdoor education, sports, and sportsmanship, Lake Eldora Racing Team provides a nurturing environment for young athletes to grow, learn, and compete.
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Impact
July, 2024
The Lake Eldora Racing Team positively impacts youth by providing opportunities for outdoor education, sportsmanship, and healthy competition. Through programs such as ski and snowboard racing, mountain biking, and dryland training, the team helps young athletes develop their skills and passion for sports from a young age. By offering a structured pathway for athletes aged 6 to 22 to progress through different age classes and ability levels, the team prepares them for regional, national, and even international competitions. With a dedicated staff of full-time, year-round coaches, the program not only fosters athletic development but also promotes important values like teamwork, perseverance, and sportsmanship among its participants.
This information is meant to be a general summary of Lake Eldora Racing Team. 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: $2,140
- Program Service Revenue: $1,102,473
- Gross Receipts: $1,335,659
Assets and Liabilities:
- Total Assets: $762,062
- Total Liabilities: $373
- Net Assets: $761,689
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORE PROGRAM
Revenue
$369,817
SMBA BIKE PROGRAM
Revenue
$327,294
DEVELOPMENT PROGRAM
Revenue
$240,434
SNOWBOARD/SLPOESTYLE PROGRAM
Revenue
$164,928
Organization Details
Founding Year
1975
Phone
(303) 447-8014Principal Officer
Matt Tomasko
Main Address
1750-1 30TH ST UNIT 431, BOULDER, CO, 80301
Website
www.emsc.lertprograms.comNTEE Category
Code: N68 - Recreation
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