Franconia Ski Club
Franconia Ski Club shows strong asset growth and zero executive compensation, despite recent operating deficit.
EIN: 20365446 · Franconia, NH · NTEE: N68Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $953K |
| Total Expenses | $942K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.3M |
| Transparency Score | 90/100 |
Is Franconia Ski Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franconia Ski Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franconia Ski Club
Franconia Ski Club (EIN: 20365446) is a nonprofit organization based in Franconia, NH, classified under NTEE code N68Z. The organization reported total revenue of $953K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franconia Ski Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franconia Ski Club is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $837K |
| Total Expenses | $942K |
| Surplus / Deficit | $-104,863 |
| Total Assets | $3.3M |
| Total Liabilities | $8K |
| Net Assets | $3.3M |
| Operating Margin | -12.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 42.4 months |
Financial Health Grade: B
In 2024, Franconia Ski Club reported a deficit of $105K with expenses exceeding revenue, holds 42.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Franconia Ski Club's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -11.8% | +1.2% | -3.1% |
| 2023 | -29.9% | -9.8% | +0.2% |
| 2022 | -49.8% | +31.5% | -2.1% |
| 2021 | +111.1% | +5.7% | +193.9% |
| 2020 | +17.3% | -6.8% | +75.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Franconia Ski Club with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Franconia Ski Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $105K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly commendable for a nonprofit of its size with assets over $3 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Franconia Ski Club's IRS 990 filings:
- Operating deficit in the latest fiscal period (202405), with expenses exceeding revenue by over $100,000.
- Significant fluctuation in revenue, particularly the large spike in 202105, which could indicate reliance on irregular funding sources.
Strengths
The following positive indicators were identified for Franconia Ski Club:
- Consistent 0% officer compensation, demonstrating strong commitment to mission and transparency.
- Substantial growth in assets from $367,066 in 201805 to $3,327,996 in 202405, indicating robust financial management.
- Generally low liabilities, with effective reduction of a spike in 202105, showing good debt management.
- Clear alignment between organization name, NTEE code, and implied mission.
Frequently Asked Questions about Franconia Ski Club
Is Franconia Ski Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Franconia Ski Club (EIN: 20365446) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Franconia Ski Club spend its money?
Franconia Ski Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Franconia Ski Club tax-deductible?
Franconia Ski Club is registered as a tax-exempt nonprofit (EIN: 20365446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Franconia Ski Club CEO make?
Franconia Ski Club's highest-compensated officer earns $3 annually. The organization reported $953K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Franconia Ski Club's spending goes to programs?
Franconia Ski Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Franconia Ski Club compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Franconia Ski Club is above average for NTEE category N68Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Franconia Ski Club located?
Franconia Ski Club is headquartered in Franconia, New Hampshire and files with the IRS under EIN 20365446. It is classified under NTEE code N68Z.
How many years of IRS 990 filings does Franconia Ski Club have?
Franconia Ski Club has 13 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 $953K in total revenue.
What caused the significant revenue spike in 202105 ($2,697,151) and the corresponding increase in liabilities ($404,777)?
The filings do not provide specific details, but such a spike could be due to a major capital campaign, a large one-time grant, or a significant event. The increased liabilities might be related to a project funded by this revenue.
How does the organization plan to address the operating deficit observed in the 202405 period (Expenses $942,052 vs. Revenue $837,189)?
The filings do not detail future plans, but a deficit could be managed through cost-cutting, increased fundraising efforts, or drawing from reserves. It's important to monitor if this becomes a recurring trend.
What is the breakdown of program expenses given the NTEE code N68Z (Skiing, Snowboarding, Winter Sports)?
While the filings confirm the NTEE code, specific program expense details are not provided in this summary. It would likely include costs for ski race programs, facility maintenance, coaching, and youth development.
Filing History
IRS 990 filing history for Franconia Ski Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Franconia Ski Club's revenue has grown by 86.5%, moving from $449K to $837K. Total assets increased by 959% over the same period, from $314K to $3.3M. Total functional expenses rose by 123.8%, from $421K to $942K. In its most recent filing year (2024), Franconia Ski Club reported a deficit of $105K, with expenses exceeding revenue. The organization holds $8K in liabilities against $3.3M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $837K | $942K | $3.3M | $8K | — | View 990 |
| 2023 | $949K | $931K | $3.4M | $9K | — | — |
| 2022 | $1.4M | $1.0M | $3.4M | $10K | — | View 990 |
| 2021 | $2.7M | $786K | $3.5M | $405K | — | View 990 |
| 2020 | $1.3M | $743K | $1.2M | $6K | — | View 990 |
| 2019 | $1.1M | $797K | $681K | $30K | — | View 990 |
| 2018 | $876K | $732K | $367K | $7K | — | View 990 |
| 2017 | $1.1M | $1.4M | $529K | $314K | — | View 990 |
| 2016 | $1.7M | $2.5M | $827K | $306K | — | View 990 |
| 2015 | $2.2M | $1.6M | $1.4M | $9K | — | View 990 |
| 2014 | $1.1M | $634K | $796K | $4K | — | View 990 |
| 2013 | $573K | $608K | $280K | $4K | — | View 990 |
| 2012 | $449K | $421K | $314K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $837K, expenses of $942K, and assets of $3.3M (revenue -11.8% year-over-year).
- 2023: Revenue of $949K, expenses of $931K, and assets of $3.4M (revenue -29.9% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.0M, and assets of $3.4M (revenue -49.8% year-over-year).
- 2021: Revenue of $2.7M, expenses of $786K, and assets of $3.5M (revenue +111.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $743K, and assets of $1.2M (revenue +17.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $797K, and assets of $681K (revenue +24.3% year-over-year).
- 2018: Revenue of $876K, expenses of $732K, and assets of $367K (revenue -18.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.4M, and assets of $529K (revenue -36.2% year-over-year).
- 2016: Revenue of $1.7M, expenses of $2.5M, and assets of $827K (revenue -21.9% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.6M, and assets of $1.4M (revenue +88.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $634K, and assets of $796K (revenue +100.5% year-over-year).
- 2013: Revenue of $573K, expenses of $608K, and assets of $280K (revenue +27.7% year-over-year).
- 2012: Revenue of $449K, expenses of $421K, and assets of $314K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franconia Ski Club:
Data Sources and Methodology
This transparency report for Franconia Ski Club 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.