Discovery Ski Education Foundation

Nonprofit profile at a glance

EIN: 465445364
IRS 990-EZ coverage: 2018–2024
Forms available: Form 990 2016, Form 990-EZ 2024, Form 990-N 2017
Location: Anaconda, MT, USA
Phone: 4062188273
Rating: 87
Verdict: STRONG
Rating confidence: Moderate
Sector: Educational Services and Schools - Other

Reported finances

Revenue: $92,106
Expenses: $129,876
Assets: $150,357

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

Leadership & pay

7 people listed

Executive titles in this filing

JENNIFER LAKATUA (PRESIDENT)

People named in this filing

JENNIFER LAKATUA (PRESIDENT)
KELLY IRONS (VICE PRESIDE)
KEILA CROSS (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

To provide instruction in the sport of skiing to youth ages 6 to 18 to provide opportunities for participants to engage in recreational, competitive and skiing to host and/or participate in events and activities that promote the sport of skiing and ski racing

What it reported doing in 2024

Ski education, coaching, support for ski racing events

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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 95
Transparency & Controls: 82
Sustainability: 28
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 87.2%; rating input score 87

Transparency & Controls

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

Sustainability

Operating margin: -41%; rating input score 15; 15th percentile among comparable filings
Total-asset coverage ratio: 1.16; rating input score 50; 50th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 21.1% per year; rating input score 100; 83rd percentile among comparable filings
Revenue growth: 3.7% per year; rating input score 100; 67th percentile among comparable filings
Asset growth: 2.7% per year; rating input score 100; 49th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 87.2% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $113K in reported program spending
Leadership: top reported pay $0 · 7 people listed
Consistency: 5 of 6 current checks pass · 1 finding to review
Schedules: 2 filed schedules
Filing history: 7 filing years from 2018 to 2024
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
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.

Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
High — Sustainability: Operating margin scored 15/100.
Review — Sustainability: Total-asset coverage ratio scored 50/100.
Review — Sustainability: Officer compensation ratio scored 56/100.