Midwest Alpine Racing Inc
Nonprofit profile at a glance
- EIN
- 842483133
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Oconomowoc, WI, USA
- Phone
- 1417934810
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports Competitions
Reported finances
- Revenue
- $58,589
- Expenses
- $40,540
- Assets
- $102,210
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- PAUL LUDWIG (PRESIDENT)
People named in this filing
- PAUL LUDWIG (PRESIDENT)
- MARK MONKOSKI (VP)
- MARK ISABELL (TREASURER)
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
Midwest alpine racing is a Wisconsin 501(c) 3 charitable corporation organized to host and coordinate downhill ski competitions and educational training in the sport of ski racing. Mwar will provide leadership, encouragement, support and direction to race teams, coaches, athletes, parents and fans to achieve an enhanced experience.
What it reported doing in 2024
Hosted and coordinated six downhill ski competitions and educational training at each competition benefiting approximately 600 athletes.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 82
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.2%; rating input score 69
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 30.8%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 2.52; rating input score 71; 71st 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: 14.1% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 18.4% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 69.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $41K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Officer compensation ratio scored 56/100.