High Life Ski Club Inc
High Life Ski Club: Consistent Revenue, Lean Operations
EIN: 222585823 · Rockaway, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $123K |
| Program Spending | 85% |
| Net Assets | $62K |
| Transparency Score | 75/100 |
Is High Life Ski Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
High Life Ski Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About High Life Ski Club Inc
High Life Ski Club Inc (EIN: 222585823) is a nonprofit organization based in Rockaway, NJ. The organization reported total revenue of $187K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of High Life Ski Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
High Life Ski Club Inc is a small nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $123K |
| Surplus / Deficit | +$10K |
| Total Assets | $62K |
| Net Assets | $62K |
| Operating Margin | 7.2% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2024, High Life Ski Club Inc reported a surplus of $10K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), High Life Ski Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.9% | -7.4% | +18.5% |
| 2023 | +50.1% | +81.8% | -12.8% |
| 2022 | +379.6% | +397.0% | +21.0% |
| 2021 | -89.6% | -91.3% | +5.8% |
| 2020 | -14.2% | -11.9% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 High Life Ski Club Inc with a Mission Score of 75 out of 100 (Good). 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, High Life Ski Club Inc 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 surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, making it impossible to assess specific figures.
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 High Life Ski Club Inc's IRS 990 filings:
- Lack of detailed program spending breakdown beyond general expenses.
- No information on specific program outcomes or beneficiaries.
- Limited transparency regarding executive compensation.
Strengths
The following positive indicators were identified for High Life Ski Club Inc:
- Consistent revenue generation over several years, indicating stable operations.
- Assets have shown growth from $46,730 in 2020 to $73,138 in 2024.
- Expenses generally align with or slightly exceed revenue, suggesting funds are being utilized for operations.
Frequently Asked Questions about High Life Ski Club Inc
Is High Life Ski Club Inc a legitimate charity?
High Life Ski Club Inc (EIN: 222585823) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $187K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does High Life Ski Club Inc spend its money?
High Life Ski Club Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to High Life Ski Club Inc tax-deductible?
High Life Ski Club Inc is registered as a tax-exempt nonprofit (EIN: 222585823). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of High Life Ski Club Inc's spending goes to programs?
High Life Ski Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is High Life Ski Club Inc located?
High Life Ski Club Inc is headquartered in Rockaway, New Jersey and files with the IRS under EIN 222585823.
How many years of IRS 990 filings does High Life Ski Club Inc have?
High Life Ski Club Inc has 14 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 $187K in total revenue.
What does High Life Ski Club Inc do?
High Life Ski Club Inc is a nonprofit organization in the Unknown sector, located in Rockaway, New Jersey. It is classified under NTEE code Unknown.
How much revenue does High Life Ski Club Inc have?
High Life Ski Club Inc reported total revenue of $187,068. Based on 14 IRS 990 filings on record.
What are High Life Ski Club Inc's total assets?
High Life Ski Club Inc holds total assets of $73,138 as reported in IRS 990 filings.
Where is High Life Ski Club Inc located?
High Life Ski Club Inc is based in Rockaway, New Jersey.
What is High Life Ski Club Inc's EIN?
High Life Ski Club Inc's Employer Identification Number (EIN) is 222585823. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is High Life Ski Club Inc?
High Life Ski Club Inc is classified under NTEE code Unknown (Unknown).
Is High Life Ski Club Inc a registered 501(c)(3)?
High Life Ski Club Inc appears in IRS records (EIN: 222585823). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does High Life Ski Club Inc file IRS Form 990?
Yes, High Life Ski Club Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202404.
What was High Life Ski Club Inc's revenue in 2024?
In the 202404 filing period, High Life Ski Club Inc reported total revenue of $133,128, total expenses of $123,498, and net assets of $61,804.
Is High Life Ski Club Inc's revenue growing or declining?
High Life Ski Club Inc's revenue is growing. Revenue went from $125,691 (202304) to $133,128 (202404), a +5.9% change. Based on 14 filings on record.
What is High Life Ski Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for High Life Ski Club Inc covers tax period 202404. It shows revenue of $133,128, expenses of $123,498, total assets of $61,804, and liabilities of N/A.
How much does High Life Ski Club Inc spend on programs vs administration?
Based on IRS 990 analysis, High Life Ski Club Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is High Life Ski Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, High Life Ski Club Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for High Life Ski Club Inc?
The following concerns were identified: Lack of detailed program spending breakdown beyond general expenses.. No information on specific program outcomes or beneficiaries.. Limited transparency regarding executive compensation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are High Life Ski Club Inc's strengths?
Positive indicators for High Life Ski Club Inc include: Consistent revenue generation over several years, indicating stable operations.. Assets have shown growth from $46,730 in 2020 to $73,138 in 2024.. Expenses generally align with or slightly exceed revenue, suggesting funds are being utilized for operations.. These findings are derived from AI analysis of the organization's financial filings.
How does High Life Ski Club Inc compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making it impossible to assess specific figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific programs or initiatives are driving the organization's mission, and how are their impacts measured?
The provided data only shows general revenue and expenses. Without program-specific details, it's unclear what initiatives are being funded or how their success is evaluated.
With expenses often close to or exceeding revenue (e.g., 2023 expenses of $133,355 vs. revenue of $125,691), how does the organization manage its financial sustainability and build reserves?
While expenses sometimes exceed revenue in a given year, the organization has maintained positive assets, suggesting careful financial management or reliance on prior year surpluses. For instance, assets grew from $52,174 in 2023 to $61,804 in 2024 despite a deficit year.
Filing History
IRS 990 filing history for High Life Ski Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), High Life Ski Club Inc's revenue has grown by 117.1%, moving from $61K to $133K. Total assets increased by 71.1% over the same period, from $36K to $62K. Total functional expenses rose by 130.4%, from $54K to $123K. In its most recent filing year (2024), High Life Ski Club Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $133K | $123K | $62K | $0 | — | — |
| 2023 | $126K | $133K | $52K | $0 | — | View 990 |
| 2022 | $84K | $73K | $60K | $0 | — | View 990 |
| 2021 | $17K | $15K | $49K | $0 | — | View 990 |
| 2020 | $167K | $170K | $47K | $0 | — | View 990 |
| 2019 | $195K | $193K | $50K | $250 | — | View 990 |
| 2018 | $198K | $197K | $49K | $551 | — | View 990 |
| 2017 | $175K | $176K | $54K | $8K | — | View 990 |
| 2016 | $186K | $186K | $49K | $0 | — | View 990 |
| 2015 | $128K | $126K | $49K | $0 | — | View 990 |
| 2014 | $113K | $113K | $47K | $0 | — | View 990 |
| 2013 | $152K | $145K | $47K | $0 | — | View 990 |
| 2012 | $166K | $158K | $41K | $0 | — | View 990 |
| 2011 | $61K | $54K | $36K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $133K, expenses of $123K, and assets of $62K (revenue +5.9% year-over-year).
- 2023: Revenue of $126K, expenses of $133K, and assets of $52K (revenue +50.1% year-over-year).
- 2022: Revenue of $84K, expenses of $73K, and assets of $60K (revenue +379.6% year-over-year).
- 2021: Revenue of $17K, expenses of $15K, and assets of $49K (revenue -89.6% year-over-year).
- 2020: Revenue of $167K, expenses of $170K, and assets of $47K (revenue -14.2% year-over-year).
- 2019: Revenue of $195K, expenses of $193K, and assets of $50K (revenue -1.8% year-over-year).
- 2018: Revenue of $198K, expenses of $197K, and assets of $49K (revenue +13.3% year-over-year).
- 2017: Revenue of $175K, expenses of $176K, and assets of $54K (revenue -5.9% year-over-year).
- 2016: Revenue of $186K, expenses of $186K, and assets of $49K (revenue +45.4% year-over-year).
- 2015: Revenue of $128K, expenses of $126K, and assets of $49K (revenue +13.3% year-over-year).
- 2014: Revenue of $113K, expenses of $113K, and assets of $47K (revenue -25.6% year-over-year).
- 2013: Revenue of $152K, expenses of $145K, and assets of $47K (revenue -8.5% year-over-year).
- 2012: Revenue of $166K, expenses of $158K, and assets of $41K (revenue +170.4% year-over-year).
- 2011: Revenue of $61K, expenses of $54K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for High Life Ski Club Inc:
Data Sources and Methodology
This transparency report for High Life Ski Club 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.