National Ski Areas Association Inc
National Ski Areas Association Inc. shows consistent revenue growth and strong asset accumulation over the past decade.
EIN: 131973926 · Lakewood, CO · Updated: 2026-03-28
Is National Ski Areas Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Ski Areas Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Ski Areas Association Inc
National Ski Areas Association Inc (EIN: 131973926) is a nonprofit organization based in Lakewood, CO. The organization reported total revenue of $6.5M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Ski Areas Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Ski Areas Association Inc is a mid-size nonprofit that has been operating for 62 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$841K |
| Total Assets | $4.3M |
| Total Liabilities | $500K |
| Net Assets | $3.8M |
| Operating Margin | 14.4% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, National Ski Areas Association Inc reported a surplus of $841K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), National Ski Areas Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.4% | +17.2% | +26.9% |
| 2022 | +22.4% | +27.5% | +18.3% |
| 2021 | +2.7% | +2.7% | +20.3% |
| 2020 | -20.5% | -27.6% | -2.6% |
| 2019 | +4.8% | +3.8% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 National Ski Areas Association Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, National Ski Areas Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $841K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.7%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is unusual for an organization of this size with revenues exceeding $5 million. This suggests either that executive leadership is entirely volunteer-based, or that compensation is reported under different expense categories, which could impact transparency.
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 National Ski Areas Association Inc's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for an organization of this size)
Strengths
The following positive indicators were identified for National Ski Areas Association Inc:
- Consistent revenue growth (from $3.7M in 2014 to $5.8M in 2023)
- Strong asset accumulation ($2.0M in 2014 to $4.2M in 2023)
- Healthy financial position (assets significantly exceed liabilities, e.g., $4.2M assets vs. $499K liabilities in 2023)
- Positive net income annually (expenses consistently below revenue)
Frequently Asked Questions about National Ski Areas Association Inc
Is National Ski Areas Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Ski Areas Association Inc (EIN: 131973926) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does National Ski Areas Association Inc spend its money?
National Ski Areas Association Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Ski Areas Association Inc tax-deductible?
National Ski Areas Association Inc is registered as a tax-exempt nonprofit (EIN: 131973926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does NSAA fund its operations given the 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that either the organization's leadership is entirely volunteer-based, or executive compensation is categorized under other expense lines, such as salaries and wages for staff, rather than specifically as 'officer compensation' on the provided summary lines. Further detail from the full 990 form would be needed to clarify.
What are the primary sources of NSAA's revenue growth?
While the specific breakdown of revenue sources is not provided, the consistent growth from $3.7 million in 2014 to $5.8 million in 2023 indicates successful membership drives, event hosting, or other industry-related services that are expanding in scope and reach.
What is the organization's reserve policy given its growing assets?
The organization has consistently accumulated assets, growing from $2.0 million in 2014 to $4.2 million in 2023, while maintaining relatively low liabilities. This suggests a healthy reserve, but without a stated policy, it's unclear if these reserves are earmarked for specific future projects or simply represent accumulated operating surpluses.
Filing History
IRS 990 filing history for National Ski Areas Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), National Ski Areas Association Inc's revenue has grown by 61.1%, moving from $3.6M to $5.8M. Total assets increased by 89.9% over the same period, from $2.2M to $4.3M. Total functional expenses rose by 39.7%, from $3.6M to $5.0M. In its most recent filing year (2023), National Ski Areas Association Inc reported a surplus of $841K, with revenue exceeding expenses. The organization holds $500K in liabilities against $4.3M in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $5.0M | $4.3M | $500K | — | View 990 |
| 2022 | $4.6M | $4.3M | $3.4M | $435K | — | View 990 |
| 2021 | $3.8M | $3.3M | $2.8M | $307K | — | View 990 |
| 2020 | $3.7M | $3.3M | $2.4M | $287K | — | View 990 |
| 2019 | $4.7M | $4.5M | $2.4M | $796K | — | View 990 |
| 2018 | $4.4M | $4.3M | $2.2M | $749K | — | View 990 |
| 2017 | $4.2M | $4.2M | $2.5M | $1.1M | — | View 990 |
| 2016 | $4.1M | $4.0M | $2.7M | $1.4M | — | View 990 |
| 2015 | $4.1M | $3.9M | $2.2M | $829K | — | View 990 |
| 2014 | $3.7M | $3.5M | $2.0M | $749K | — | View 990 |
| 2013 | $3.6M | $3.7M | $1.7M | $603K | — | View 990 |
| 2012 | $3.6M | $3.6M | $2.2M | $945K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $5.0M, and assets of $4.3M (revenue +25.4% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.3M, and assets of $3.4M (revenue +22.4% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.3M, and assets of $2.8M (revenue +2.7% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.3M, and assets of $2.4M (revenue -20.5% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.5M, and assets of $2.4M (revenue +4.8% year-over-year).
- 2018: Revenue of $4.4M, expenses of $4.3M, and assets of $2.2M (revenue +5.8% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.2M, and assets of $2.5M (revenue +2.8% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.0M, and assets of $2.7M (revenue +0.7% year-over-year).
- 2015: Revenue of $4.1M, expenses of $3.9M, and assets of $2.2M (revenue +8.3% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.5M, and assets of $2.0M (revenue +4.3% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.7M, and assets of $1.7M (revenue -0.8% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.6M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Ski Areas Association Inc:
Data Sources and Methodology
This transparency report for National Ski Areas Association 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.