FLATHEAD VALLEY SKI EDUCATION FOUNDATION

EIN: 237300629 501(c)(3)

WHITEFISH, MT

Total Revenue
$725,198
Total Expenses
$629,083
Total Assets
$582,163
Net Assets
$463,299
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MT
Phone
9075002040
Tax Period
2024-05-01 to 2025-04-30

FLATHEAD VALLEY SKI EDUCATION FOUNDATION, founded in 1973, is a small nonprofit that reported $725K in total revenue in fiscal year 2024. Expenses of $629K left a modest 13% surplus.

Mission

FVSEF MISSION IS DEDICATED TO ATHLETIC, ACADEMIC AND PERSONAL EXCELLENCE THROUGH EDUCATIONAL AND COMPETITIVE PROGRAMS IN SKIING. FVSEF PARTICIPANTS BECOME BETTER ATHLETES, BETTER STUDENTS AND BETTER CITIZENS FOR LIFE.

Program Service Accomplishments

Program 1
Expenses: $586,953 Revenue: $416,241

ALPINE SKI COMPETITION FOR YOUTH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $201,443
Program Service Revenue $423,706
Investment Income $15,304
Other Revenue $84,745
TOTAL REVENUE $725,198

Expense Breakdown

Grants Paid $0
Salaries & Benefits $382,411
Fundraising Expenses $0
Program Expenses $586,953
Other Expenses $246,672
TOTAL EXPENSES $629,083

Year-over-Year Comparison

2024 2023 Change
Revenue $725,198 $685,266 +0.1%
Expenses $629,083 $534,667 +0.2%
Net Income $96,115 $150,599 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
52
Volunteers
190

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$86,933
Total Directors
10
$86,933
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HILARY LINDH EXECUTIVE DIRECTOR 40.00
Officer Director
$86,933 $0 $86,933
TOM HEINECKE PRESIDENT 5.00
Officer Director
$0 $0 $0
MIKE ANDERSON VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CYRUS HADIDI TREASURER 5.00
Officer Director
$0 $0 $0
JUSTIN BRECK SECRETARY 3.00
Officer Director
$0 $0 $0
DON HARRING DIRECTOR 1.00
Director
$0 $0 $0
CARI KLEPPER DIRECTOR 2.00
Director
$0 $0 $0
HAILEY LOVE DIRECTOR 1.00
Director
$0 $0 $0
VICTORIA MARCIAL DIRECTOR 2.00
Director
$0 $0 $0
JOSH SMITH DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $725,198 $629,083 $582,163 $96,115
2024 $685,266 $534,667 $492,349 $150,599
2023 $580,168 $473,525 $396,113 $106,643
2022 $427,245 $356,930 $233,217 $70,315
2021 $383,693 $368,463 $142,486 $15,230
2020 $318,369 $310,255 $65,812 $8,114
2019 $259,432 $281,048 $21,739 $-21,616
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