Cloud City Mountain Sports

Nonprofit profile at a glance

EIN
850981745
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Leadville, CO, USA
Phone
7038699260
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports

Reported finances

Revenue
$135,424
Expenses
$101,351
Assets
$140,193
Liabilities
$2,525

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

Leadership & pay

8 people listed

Executive titles in this filing

  • KERRY CHARLES (PRESIDENT)

People named in this filing

  • KERRY CHARLES (PRESIDENT)
  • LYNSEY MAJEWSKI (TREASURER)
  • ALLY DUNCAN (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

It is the mission of cloud city mountain sports to provide youth from lake and chaffee counties the opportunity to excel as people and athletes through education and outdoor sports. We foster a love of outdoor recreation and educate youth about the value of sport and competition.

What it reported doing in 2024

Cloud city mountain sports is an organization that provides access to youth in lake county Colorado's community at a lower cost than neighboring communities (alpine/nordic/snowboarding and mountain biking). These include scholarships for program families that wish to participate but need assistance. There are many volunteer opportunities for many events in the community.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 100
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70%; rating input score 70
  • Program expense ratio: 93.6%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 25.2%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 1.38; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 79.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 15.8% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 70% of revenue deployed · 93.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $95K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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 — Sustainability: Officer compensation ratio scored 23/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.