Adaptive Sports Center of Crested Butte Inc

Nonprofit profile at a glance

EIN
841063447
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Crested Butte, CO, USA
Phone
9703492296
Rating
84
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$5,222,337
Expenses
$4,520,067
Assets
$22,276,370
Liabilities
$965,662

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • EILEEN DUPRE (VICE PRESIDENT)
  • MARGARET M SMITH (PRESIDENT)
  • CHRISTOPHER HENSLEY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHRISTOPHER HENSLEY (EXECUTIVE DIRECTOR): $214,029 total reported compensation
  • CHRIS READ (PROGRAM DIRECTOR): $176,875 total reported compensation
  • PAMELA MAESTRO (BUSINESS & HR DIRECTOR): $147,773 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The adaptive sports center enriches the lives of people with disabilities and other specific needs through exceptional outdoor adventures. The successful programs the asc provides are inclusive to families and friends, empower our participants in their daily lives and have a positive enduring effect on self efficacy, health, independence and overall well-being.

What it reported doing in 2024

The adaptive sports center's winter program is a thriving outdoor adventure program for people with disabilities and their families which has existed since the organization's inception in 1987. Core activities include alpine and nordic skiing, snowboarding and ski biking, as well as ice climbing, hut trips, and other winter activities. Programs primarily take place from november through april at crested butte mountain resort and the surrounding mountain areas.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 88
  • Accountability: 100
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.1%; rating input score 75
  • Program expense ratio: 83.3%; rating input score 83
  • Fundraising efficiency: $7.63 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13.4%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 4.93; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 15.1%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 17.2% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 75.1% of revenue deployed · 83.3% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $3.8M in reported program spending
  • Leadership: top reported pay $214K · 20 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 29/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.