Minneapolis Alpine Ski Team
Minneapolis Alpine Ski Team consistently operates with a surplus and zero officer compensation, growing assets.
EIN: 201942971 · Minneapolis, MN · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $164K |
| Program Spending | 95% |
| Net Assets | $56K |
| Transparency Score | 92/100 |
Is Minneapolis Alpine Ski Team Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Minneapolis Alpine Ski Team directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Minneapolis Alpine Ski Team
Minneapolis Alpine Ski Team (EIN: 201942971) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code N68. The organization reported total revenue of $137K and total assets of $72K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minneapolis Alpine Ski Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minneapolis Alpine Ski Team is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $164K |
| Surplus / Deficit | +$10K |
| Total Assets | $59K |
| Total Liabilities | $2K |
| Net Assets | $56K |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Minneapolis Alpine Ski Team reported a surplus of $10K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Minneapolis Alpine Ski Team's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +1.9% | +21.2% |
| 2022 | +88.5% | +93.1% | +4.4% |
| 2021 | -36.5% | -42.9% | +6.8% |
| 2020 | +45.0% | +73.4% | -20.2% |
| 2019 | +28.8% | +22.6% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Minneapolis Alpine Ski Team with a Mission Score of 92 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Minneapolis Alpine Ski Team allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization where leadership is not drawing a salary, which is highly efficient for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Minneapolis Alpine Ski Team:
- Consistent revenue growth (from $49,355 in 201606 to $173,275 in 202306)
- Zero officer compensation reported across all filings
- Healthy asset growth (from $31,729 in 201606 to $58,515 in 202306)
- Very low liabilities ($2,025 in 202306)
- Consistent operational surplus in most recent years
Frequently Asked Questions about Minneapolis Alpine Ski Team
Is Minneapolis Alpine Ski Team a legitimate charity?
Based on AI analysis of IRS 990 filings, Minneapolis Alpine Ski Team (EIN: 201942971) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Minneapolis Alpine Ski Team spend its money?
Minneapolis Alpine Ski Team directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Minneapolis Alpine Ski Team tax-deductible?
Minneapolis Alpine Ski Team is registered as a tax-exempt nonprofit (EIN: 201942971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Minneapolis Alpine Ski Team compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Minneapolis Alpine Ski Team is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Minneapolis Alpine Ski Team located?
Minneapolis Alpine Ski Team is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 201942971. It is classified under NTEE code N68.
How many years of IRS 990 filings does Minneapolis Alpine Ski Team have?
Minneapolis Alpine Ski Team 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 $137K in total revenue.
Is Minneapolis Alpine Ski Team a good charity?
Based on the financial data, the Minneapolis Alpine Ski Team appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.
How has the organization's revenue trended?
The organization's revenue has shown a positive trend, increasing from $49,355 in 201606 to $173,275 in 202306, demonstrating significant growth and financial stability.
What is the organization's asset growth like?
Assets have steadily grown from $31,729 in 201606 to $58,515 in 202306, indicating healthy financial management and accumulation of resources.
Does the organization have significant liabilities?
No, the organization maintains very low liabilities, with only $2,025 reported in 202306, suggesting a strong financial position with minimal debt.
How efficient is the organization's spending?
The organization is highly efficient, with expenses consistently managed close to or below revenue, and 0% officer compensation, meaning nearly all funds are directed towards programs and operational costs.
Filing History
IRS 990 filing history for Minneapolis Alpine Ski Team showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Minneapolis Alpine Ski Team's revenue has grown by 87.4%, moving from $92K to $173K. Total assets increased by 88% over the same period, from $31K to $59K. Total functional expenses rose by 90%, from $86K to $164K. In its most recent filing year (2023), Minneapolis Alpine Ski Team reported a surplus of $10K, with revenue exceeding expenses. The organization holds $2K in liabilities against $59K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $173K | $164K | $59K | $2K | — | View 990 |
| 2022 | $162K | $161K | $48K | $1K | — | View 990 |
| 2021 | $86K | $83K | $46K | $793 | — | View 990 |
| 2020 | $135K | $146K | $43K | $618 | — | View 990 |
| 2019 | $93K | $84K | $54K | $1K | — | View 990 |
| 2018 | $72K | $68K | $46K | $3K | — | View 990 |
| 2017 | $62K | $54K | $44K | $4K | — | View 990 |
| 2016 | $49K | $52K | $32K | $0 | — | View 990 |
| 2015 | $98K | $82K | $34K | $0 | — | View 990 |
| 2014 | $74K | $81K | $18K | $0 | — | View 990 |
| 2013 | $88K | $94K | $25K | $0 | — | View 990 |
| 2012 | $92K | $86K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $173K, expenses of $164K, and assets of $59K (revenue +7.0% year-over-year).
- 2022: Revenue of $162K, expenses of $161K, and assets of $48K (revenue +88.5% year-over-year).
- 2021: Revenue of $86K, expenses of $83K, and assets of $46K (revenue -36.5% year-over-year).
- 2020: Revenue of $135K, expenses of $146K, and assets of $43K (revenue +45.0% year-over-year).
- 2019: Revenue of $93K, expenses of $84K, and assets of $54K (revenue +28.8% year-over-year).
- 2018: Revenue of $72K, expenses of $68K, and assets of $46K (revenue +16.6% year-over-year).
- 2017: Revenue of $62K, expenses of $54K, and assets of $44K (revenue +25.8% year-over-year).
- 2016: Revenue of $49K, expenses of $52K, and assets of $32K (revenue -49.4% year-over-year).
- 2015: Revenue of $98K, expenses of $82K, and assets of $34K (revenue +31.9% year-over-year).
- 2014: Revenue of $74K, expenses of $81K, and assets of $18K (revenue -16.3% year-over-year).
- 2013: Revenue of $88K, expenses of $94K, and assets of $25K (revenue -4.5% year-over-year).
- 2012: Revenue of $92K, expenses of $86K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minneapolis Alpine Ski Team:
Data Sources and Methodology
This transparency report for Minneapolis Alpine Ski Team 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.