NORTHSTAR TEAM FOUNDATION

EIN: 680025877 501(c)(3) Recreation & Sports

TRUCKEE, CA

Total Revenue
$655,711
Total Expenses
$686,405
Total Assets
$342,401
Net Assets
$341,416
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
CA
Principal Officer
TOBI ADOMOLEKUN
Phone
4155996181
Tax Period
2024-05-01 to 2025-04-30

NORTHSTAR TEAM FOUNDATION, founded in 1984, is a small nonprofit in the Recreation & Sports sector that reported $656K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum.

Mission

NORTHSTAR TEAM FOUNDATION SUBSIDIZES COACHING & TRAVEL EXP, EQUIPMENT, LODGING, DUES & MEMBERSHIPS FOR THE NORTHSTAR RACE TEAM WHICH PROVIDES OPPORTUNITIES & TRAINING FOR ATHLETES AGES 4 TO ADULT. ATHLETES ARE TRAINED BY CERTIFIED INSTRUCTORS & COMPETE IN RACES HOSTED BY THE NORTHSTAR RACE TEAM & AT OTHER SKI AREAS.

Program Service Accomplishments

Program 1
Expenses: $612,931

The Northstar Team Foundation diligently directs its funds towards a wide array of initiatives that promote holistic growth within the athletic community. The Foundation supported over 500 athletes...

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The Northstar Team Foundation diligently directs its funds towards a wide array of initiatives that promote holistic growth within the athletic community. The Foundation supported over 500 athletes in the 2024-25 season. These athletes attended competitions locally, nationally, and internationally. The foundation's commitment to the athletic community extends beyond just physical resources; it also emphasizes personal development and well-being. In addition to the facility expansion of the training arena, the Northstar Team Foundation organizes various programs aimed at enriching the overall experience of its members. These initiatives include: Mentorship Programs: Experienced athletes and coaches provide guidance and support to younger members, fostering a culture of learning and collaboration. This peer-to-peer interaction not only enhances skills but also builds lasting relationships within the community.Mental Health Workshops: Recognizing the importance of mental well-being in sports, the foundation collaborates with a sports psychologist to offer workshops that help athletes manage stress, anxiety, and performance pressure. These sessions empower athletes to develop resilience, which is crucial for their overall success.Community Engagement Events: The foundation organizes events that encourage athletes and coaches to give back to the community. These initiatives not only foster a sense of responsibility but also strengthen ties with local organizations, creating a supportive network.Scholarship Opportunities: The Northstar Team Foundation offers scholarships for needs based and off season training opportunities. This financial support enables athletes to pursue higher levels of training as well as create an inclusive culture taking away the financial barrier.Hybrid Program: The Foundation facilitates off-season training camps for athletes at various locations locally and across the world. The program services nearly 100 athletes and creates a career pipeline for the coaching staff with year-round on and off hill opportunities.With these multifaceted initiatives, the Northstar Team Foundation is not only building better athletes and coaches but also nurturing well-rounded individuals who are prepared to face challenges both on and off the hill. The foundation's holistic approach embodies the spirit of dedication and community, ensuring that all members feel valued and supported in their journey toward excellence.

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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 $0
Program Service Revenue $364,345
Investment Income $3,567
Other Revenue $287,799
TOTAL REVENUE $655,711

Expense Breakdown

Grants Paid $35,396
Salaries & Benefits $179,799
Fundraising Expenses $0
Program Expenses $612,931
Other Expenses $471,210
TOTAL EXPENSES $686,405

Year-over-Year Comparison

2024 2023 Change
Revenue $655,711 $355,009 +0.8%
Expenses $686,405 $311,912 +1.2%
Net Income $-30,694 $43,097 -1.7%
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
8
Independent Members
8
Employees
11
Volunteers
25

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURIE CARRADE Director 0.00
Director
$0 $0 $0
KELLY COFFEY Director 0.00
Director
$0 $0 $0
JASON FREIDRICHS Director 0.00
Director
$0 $0 $0
KATIE MARKOV Director 0.00
Director
$0 $0 $0
AARON ATKINS Director 0.00
Director
$0 $0 $0
TOBI ADOMOLEKUN President 0.00
Officer
$0 $0 $0
KRISTIN RENAUDIN Treasurer 0.00
Officer
$0 $0 $0
JENNIFER MELLO Secretary 0.00
Officer
$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 $655,711 $686,405 $342,401 $-30,694
2024 $355,009 $311,912 $372,110 $43,097
2023 $373,729 $427,568 $329,013 $-53,839
2022 $359,124 $191,653 $382,852 $167,471
2021 $126,011 $503,051 $215,381 $-377,040
2020 $195,467 $374,597 $618,064 $-179,130
2019 $585,145 $116,741 $797,211 $468,404
2018 $271,226 $108,877 $322,561 $162,349
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