Black Ski Inc
EIN: 520959880 · Washington, DC · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $388K |
| Total Expenses | $13K |
| Net Assets | $107K |
Is Black Ski Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Black Ski Inc
Black Ski Inc (EIN: 520959880) is a nonprofit organization based in Washington, DC, classified under NTEE code N50. The organization reported total revenue of $388K and total assets of $409K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Ski Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Ski Inc is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $13K |
| Surplus / Deficit | +$20K |
| Total Assets | $271K |
| Total Liabilities | $164K |
| Net Assets | $107K |
| Operating Margin | 60.4% |
| Debt-to-Asset Ratio | 60.5% |
| Months of Reserves | 245.0 months |
Financial Health Grade: A
In 2023, Black Ski Inc reported a surplus of $20K with revenue exceeding expenses, holds 245.0 months of operating reserves (strong position), has a debt-to-asset ratio of 60.5% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Black Ski Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +485.0% | +55.6% | +119.4% |
| 2022 | +7.2% | -15.2% | +38.0% |
| 2021 | -69.6% | -49.6% | -52.4% |
| 2019 | -204.5% | -36.5% | -33.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Black Ski Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Black Ski Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.5%.
Frequently Asked Questions about Black Ski Inc
Is Black Ski Inc a legitimate charity?
Black Ski Inc (EIN: 520959880) is a registered tax-exempt nonprofit based in Washington DC. It has 12 years of IRS 990 filings on record. Total revenue: $388K. No red flags identified. Financial health grade: A.
How does Black Ski Inc spend its money?
Black Ski Inc reported $388K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Black Ski Inc tax-deductible?
Black Ski Inc is registered as a tax-exempt nonprofit (EIN: 520959880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Black Ski Inc located?
Black Ski Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 520959880. It is classified under NTEE code N50.
How many years of IRS 990 filings does Black Ski Inc have?
Black Ski Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $388K in total revenue.
Filing History
IRS 990 filing history for Black Ski Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Black Ski Inc's revenue has grown by 171.5%, moving from $12K to $34K. Total assets increased by 28.7% over the same period, from $210K to $271K. Total functional expenses fell by 54%, from $29K to $13K. In its most recent filing year (2023), Black Ski Inc reported a surplus of $20K, with revenue exceeding expenses. The organization holds $164K in liabilities against $271K in assets (debt-to-asset ratio: 60.5%), resulting in net assets of $107K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34K | $13K | $271K | $164K | — | View 990 |
| 2022 | $6K | $9K | $123K | $37K | — | View 990 |
| 2021 | $5K | $10K | $89K | $0 | — | View 990 |
| 2020 | $18K | $20K | $188K | $94K | — | View 990 |
| 2019 | $-3,671 | $15K | $101K | $5K | — | View 990 |
| 2018 | $4K | $24K | $153K | $37K | — | View 990 |
| 2017 | $42K | $16K | $157K | $21K | — | View 990 |
| 2016 | $12K | $14K | $130K | $20K | — | View 990 |
| 2015 | $-869 | $23K | $152K | $39K | — | View 990 |
| 2014 | $18K | $22K | $137K | $560 | — | View 990 |
| 2013 | $-12,902 | $43K | $146K | $5K | — | View 990 |
| 2012 | $12K | $29K | $210K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34K, expenses of $13K, and assets of $271K (revenue +485.0% year-over-year).
- 2022: Revenue of $6K, expenses of $9K, and assets of $123K (revenue +7.2% year-over-year).
- 2021: Revenue of $5K, expenses of $10K, and assets of $89K (revenue -69.6% year-over-year).
- 2020: Revenue of $18K, expenses of $20K, and assets of $188K.
- 2019: Revenue of $-3,671, expenses of $15K, and assets of $101K (revenue -204.5% year-over-year).
- 2018: Revenue of $4K, expenses of $24K, and assets of $153K (revenue -91.5% year-over-year).
- 2017: Revenue of $42K, expenses of $16K, and assets of $157K (revenue +259.4% year-over-year).
- 2016: Revenue of $12K, expenses of $14K, and assets of $130K.
- 2015: Revenue of $-869, expenses of $23K, and assets of $152K (revenue -104.7% year-over-year).
- 2014: Revenue of $18K, expenses of $22K, and assets of $137K.
- 2013: Revenue of $-12,902, expenses of $43K, and assets of $146K (revenue -204.5% year-over-year).
- 2012: Revenue of $12K, expenses of $29K, and assets of $210K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Ski Inc:
Data Sources and Methodology
This transparency report for Black Ski Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.