Overview
What is United States Ski Team Foundation?
The United States Ski Team Foundation, a nonprofit organization based in Park City, Utah (PO Box 100, 84060), focuses on funding the training, coaching, and competition expenses of athletes aiming to join the United States Ski and Snowboard Teams. This foundation supports the development of promising athletes in skiing and snowboarding, ensuring their access to world-class coaching and training opportunities. Their mission is to foster the growth and success of these athletes in their respective sports.
Official website here: www.usskiteam.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The United States Ski Team Foundation has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization demonstrates strong governance, with 98% of its board members being independent and exemplary scores in areas such as financial oversight and conflict of interest policies. This suggests a commitment to transparency and ethical management.
The foundation excels in its program expense ratio, allocating 88.41% of its expenses to programs, which is a positive indicator of its focus on mission-driven activities. Additionally, fundraising efficiency is commendable, with only $0.09 spent to raise a dollar. These financial efficiencies highlight the organization's effective use of resources to support its objectives.
However, the organization faces challenges with its liabilities to assets ratio, which is relatively high at 75.76%, and a low working capital ratio of 0.10 years. These factors could raise concerns about financial stability and liquidity, suggesting that while the foundation performs well in many respects, it may need to address its financial structure to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is United States Ski Team Foundation legitimate?
United States Ski Team Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Ski Team Foundation 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: $631,044
Professional Fundraising Fees: $0
Other Salaries and Wages: $609,044
For more financial information, click here
Official website here: www.usskiteam.com
What is the mission statement of United States Ski Team Foundation?
The United States Ski Team Foundation plays a crucial role in supporting and promoting excellence in skiing and snowboarding at the international level. Its mission encompasses the provision of funding for the training, coaching, and competition expenses of United States athletes in these sports. This foundation is dedicated to nurturing and developing aspiring athletes, helping them reach their goal of making it to the United States Ski and Snowboard Teams. Through its efforts, the United States Ski Team Foundation contributes significantly to the growth and success of these athletes, enabling them to compete at the highest level on the world stage.
Official website here: www.usskiteam.com
Who is the CEO of United States Ski Team Foundation?
Sophie Goldshcmidt is the CEO of United States Ski Team Foundation The CEO's salary of United States Ski Team Foundation is $186,991 and their total compensation is $961,903.
Official website here: www.usskiteam.com
What is the revenue of United States Ski Team Foundation?
United States Ski Team Foundation's revenue in 2024 was $20,068,813.
Official website here: www.usskiteam.com
Who are the executives of United States Ski Team Foundation and what are their salaries?
There 200 volunteers at United States Ski Team Foundation.
Here are 86 key members and their salaries (United States Ski Team Foundation's CEO's salary is $186,991 and their total compensation is $961,903):
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Official website here: www.usskiteam.com
Where can I find the form 990 for United States Ski Team Foundation?
United States Ski Team Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.usskiteam.com
Learn more at the official website: www.usskiteam.com
Mission Statement of United States Ski Team Foundation
The United States Ski Team Foundation plays a pivotal role in the world of skiing and snowboarding, providing essential support for the athletes excelling in these sports. With a mission to benefit and foster world-class talent in skiing and snowboarding, the organization focuses on coaching and training these athletes to reach their full potential.
In operation for the betterment of skiing and snowboarding, the United States Ski Team Foundation provides crucial funding for the training and competition costs of United States Ski and Snowboard Team athletes. This support enables these athletes to sharpen their skills and compete at the highest level, both domestically and internationally. Furthermore, the organization extends its reach to development programs for aspiring athletes, offering them the opportunity to progress towards joining the United States Ski and Snowboard Teams.
By investing in the future of skiing and snowboarding, the United States Ski Team Foundation ensures the continued success and growth of these sports at a global stage. Through its commitment to coaching and training, it empowers the next generation of athletes to represent the United States with pride and excellence.
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Impact
October, 2024
The United States Ski Team Foundation plays a critical role in fostering world-class skiing and snowboarding talent by providing essential funding for the training, coaching, and competition expenses of athletes. By supporting both elite athletes and development programs, the foundation helps aspiring ski and snowboard competitors achieve their goals and potentially secure a place on the United States Ski and Snowboard Teams. Located in Park City, UT, its mission centers on enhancing the performance and opportunities for athletes, ultimately elevating the sport's profile in the United States. Through its efforts, the foundation significantly impacts the growth and success of skiing and snowboarding at all levels.
This information is meant to be a general summary of United States Ski Team Foundation. 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 2024.
- Investment Income: $382,405
- Gross Receipts: $23,088,691
Assets and Liabilities:
- Total Assets: $9,262,092
- Total Liabilities: $7,658,638
- Net Assets: $1,603,454
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Organization Details
Founding Year
1973
Principal Officer
Tiger Shaw
Website
www.usskiteam.comNTEE Category
Code: N60I - Recreation
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