Team Breckenridge Sports Club Inc
Nonprofit profile at a glance
- EIN
- 841561722
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Breckenridge, CO, USA
- Phone
- 9703066277
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Winter Sports
Reported finances
- Revenue
- $616,466
- Expenses
- $685,015
- Assets
- $231,130
- Liabilities
- $10,654
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JENNY STAFFORD (PRESIDENT)
Highest reported compensation
- DAVID BIBILONI (EXECUTIVE DI): $25,962 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
It is our mission to provide this community with an athletic environment that allows each athlete to reach their potential and pursue their life's goals through through snow sports.
What it reported doing in 2024
Team breckenridge sports clubs 2024/2025 ski season saw continued athlete engagement and demand from both our local summit county, Colorado community and across the front range of Colorado, with over 160 athletes ranging from 5 to 19. Our youngest athletes participated in our intro to tbk program, which exposed participants to a variety of skiing disciplines and helped increase skiing skill, technique, and confidence. Our big mountain competition athletes traveled across the west to compete and regularly made podium appearances. We had one big mountain athlete compete at the north and south american junior championships. Younger big mountain athletes participated in the non-sanctioned jr xtreme, where they learned how to succeed in a competitive environment. The alpine athletes saw tremendous growth and success, including many top 10 finishes for our ysl athletes and continued growth and engagement in the upper level age class and ability programs. Alpine athletes traveled throughout the region and even internationally for training and competition. We continued to focus on personal bests on and off the podium, with a culture and environment for our athletes that celebrated personalized progress and success and reinforced resiliency, hard work and developing a life-long love of skiing and the outdoors. We awarded a record amount of scholarships this season to local athletes and were able to support our coaches with discounted program fees in order to make our programs accessible to a wide range of athletes.
Operating model
- Revenue model
- Other-operating. 80% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 94% 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 filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 94
- Accountability: 74
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.9%; rating input score 97
- Program expense ratio: 86.1%; rating input score 86
- Fundraising efficiency: $22.05 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th 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: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11.1%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 3.8%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 13.8% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 96.9% of revenue deployed · 86.1% of spending went to programs
- Governance: 9 of 9 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $590K in reported program spending
- Leadership: top reported pay $26K · 10 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 8 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.