MINNESOTA YOUTH SKI LEAGUE

EIN: 411764450 501(c)(3) Human Services

Minneapolis, MN

Total Revenue
$426,240
Total Expenses
$452,203
Total Assets
$253,075
Net Assets
$249,822
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MN
Principal Officer
Amy Cichanowski
Phone
6122277155
Tax Period
2023-06-01 to 2024-05-31

MINNESOTA YOUTH SKI LEAGUE, founded in 1993, is a small nonprofit in the Human Services sector that reported $426K in total revenue in fiscal year 2023.

Mission

Minnesota Youth Ski League (MyXC) is a network of local clubs in Minnesota and around the country, offering events and programs for skiers ages 4-15. Clubs are entirely run by volunteers and we have easy-to-use educational resources to help all parents/grandparents/aunts/uncles gain confidence and become our vital volunteers. We empower youth to be joyful, confident winter enthusiasts by building inclusive communities that reduce barriers to cross-country skiing.

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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 (2023)

Revenue Breakdown

Contributions & Grants $49,447
Program Service Revenue $211,349
Investment Income $10,820
Other Revenue $154,624
TOTAL REVENUE $426,240

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,525
Fundraising Expenses $11,348
Program Expenses $357,655
Other Expenses $287,678
TOTAL EXPENSES $452,203

Year-over-Year Comparison

2023 2022 Change
Revenue $426,240 $417,245 +0.0%
Expenses $452,203 $419,599 +0.1%
Net Income $-25,963 $-2,354 +10.0%
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
11
Independent Members
11
Employees
3
Volunteers
1494

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
$69,054
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy Cichanowski Executive Director 40
Officer
$68,000 $1,054 $69,054
Jeremiah Schimp Chair 4
Officer Director
$0 $0 $0
Paul Gage Vice Chair 2
Officer Director
$0 $0 $0
Noah Swiler Secretary 2
Officer Director
$0 $0 $0
Barclay Kruse Treasurer 2
Officer Director
$0 $0 $0
Thomas Shaw Director 2
Director
$0 $0 $0
Jill Sonnesyn Director 2
Director
$0 $0 $0
Mike Nali Director 2
Director
$0 $0 $0
Jessica Johnson Director 2
Director
$0 $0 $0
Steve Messick Director 2
Director
$0 $0 $0
Sandy Zinn Director 2
Director
$0 $0 $0
Ramdev Wudali Director 2
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
2024 $426,240 $452,203 $253,075 $-25,963
2023 $417,245 $419,599 $277,611 $-2,354
2022 $395,023 $309,232 $278,139 $85,791
2021 $339,370 $286,094 $214,453 $53,276
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