Norge Ski Training Center

EIN: 364418213 501(c)(3)

Fox River Grove, IL

Total Revenue
$71,634
Total Expenses
$38,612
Total Assets
N/A
Net Assets
N/A
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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
2001
Legal Domicile
IL
Tax Period
2018-01-01 to 2018-09-30

Norge Ski Training Center, founded in 2001, is a micro nonprofit that reported $72K in total revenue in fiscal year 2018. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $33K, a strong 46% operating margin.

Mission

Competition Tournaments sponsored by Norge Ski Training Center. Funds raised are the competition fees charged and reimbursed expenses for the competition, such as awards, insurance, safety services etc.

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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 (2018)

Revenue Breakdown

Contributions & Grants $52,082
Program Service Revenue $19,537
Investment Income $15
Other Revenue $0
TOTAL REVENUE $71,634

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $690
Program Expenses $37,232
Other Expenses $38,612
TOTAL EXPENSES $38,612

Year-over-Year Comparison

2018 2017 Change
Revenue $71,634 $82,996 -0.1%
Expenses $38,612 $89,750 -0.6%
Net Income $33,022 $-6,754 -5.9%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
40

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Morgan Nichols President 0.00
Director
$0 $0 $0
Kristen Immens Treasurer 0.00
Director
$0 $0 $0
Mike Gibson Vice President 0.00
Director
$0 $0 $0
Carrie Krueger Secretary 0.00
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
2018 $71,634 $38,612 No data $33,022
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