Sky Tavern Inc
Nonprofit profile at a glance
- EIN
- 880275590
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Reno, NV, USA
- Phone
- 7753235125
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Winter Sports
Reported finances
- Revenue
- $2,115,676
- Expenses
- $1,996,818
- Assets
- $3,444,851
- Liabilities
- $369,253
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Patrick Cashell (CEO)
Highest reported compensation
- Christopher Brown (COO/Exec Director): $114,758 total reported compensation
- Patrick Cashell (CEO): $104,199 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sky Tavern is a non-profit regional center providing exceptional summer and winter outdoor sports training, competitions, recreation, and events accessible to all.
What it reported doing in 2024
Provide low-cost, quality ski, snowboard, and adaptive instruction, transportation, and mountain bike riding instruction to residents of the Reno, Sparks and Truckee Meadows area.The organization also makes the venue available to residents and businesses of the Reno, Sparks, and Truckee Meadows area for weddings, corporate gatherings, and workshops. No additional services are provided in conjunction with making the venue available.
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- 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.
- 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 95
- Accountability: 91
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.3%; rating input score 79
- Program expense ratio: 77.1%; rating input score 77
- Fundraising efficiency: $181.58 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.6%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 1.73; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 11%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 17% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 20.2% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 31.9% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 79.3% of revenue deployed · 77.1% of spending went to programs
- Governance: 8 of 8 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $115K · 13 people listed
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Operating margin scored 52/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Officer compensation ratio scored 27/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.