SUGARLOAF SKI CLUB

EIN: 823289385 501(c)(3) Recreation & Sports

CARRABASSETT VALLEY, ME

Total Revenue
$309,320
Total Expenses
$190,235
Total Assets
$1,224,605
Net Assets
$1,224,605
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
ME
Principal Officer
STEPHEN ARNER
Phone
2072376955
Tax Period
2024-07-01 to 2025-06-30

SUGARLOAF SKI CLUB, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $309K in total revenue in fiscal year 2024. The organization ran a surplus of $119K, a strong 38% operating margin.

Mission

SUGARLOAF NBSP;SKI NBSP;CLUB NBSP;IS NBSP;ORGANIZED NBSP;FOR NBSP;CHARITABLE NBSP;AND NBSP;EDUCATIONAL NBSP;PURPOSES NBSP;BY NBSP;CURATING NBSP;AND NBSP;SHARING NBSP;THE NBSP;HISTORY NBSP;AND NBSP;HERITAGE NBSP;OF NBSP;SUGARLOAF NBSP;MOUNTAIN NBSP;AND NBSP;PROMOTING NBSP;COMMUNITY NBSP;ENGAGEMENT NBSP;AND NBSP;EDUCATING NBSP;THE NBSP;PUBLIC NBSP;ON NBSP;BENEFITS NBSP;AND NBSP;TECHNIQUES NBSP;OF NBSP;SKIING NBSP;AND NBSP;BOARDING

Program Service Accomplishments

Program 1
Expenses: $38,399 Revenue: $72,955

FUNDRAISING

Program 2
Expenses: $10,105

COMMUNITY PROGRAMS

Program 3
Expenses: $97,025

SCHOLARSHIPS

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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 $171,892
Program Service Revenue $0
Investment Income $102,872
Other Revenue $34,556
TOTAL REVENUE $309,320

Expense Breakdown

Grants Paid $97,025
Salaries & Benefits $59,930
Fundraising Expenses $0
Program Expenses $145,529
Other Expenses $33,280
TOTAL EXPENSES $190,235

Year-over-Year Comparison

2024 2023 Change
Revenue $309,320 $315,850 0.0%
Expenses $190,235 $176,922 +0.1%
Net Income $119,085 $138,928 -0.1%
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
19
Independent Members
N/A
Employees
1
Volunteers
N/A

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
4
$50,000
Total Directors
18
$50,000
Key Employees
1
$50,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE MILES SECRETARY 040.00
Officer Director Key Emp Highest
$50,000 $0 $50,000
STEPHEN ARNER PRESIDENT N/A
Officer Director
$0 $0 $0
KIM KEARING VICE PRESIDENT N/A
Officer Director
$0 $0 $0
PHILLIP HUNTER TREASURER N/A
Officer Director
$0 $0 $0
TRACY GOLLER DIRECTOR N/A
Director
$0 $0 $0
ERIK KANKAINEN DIRECTOR N/A
Director
$0 $0 $0
CHRISTINE KENDALL DIRECTOR N/A
Director
$0 $0 $0
JIM MCCORMACK DIRECTOR N/A
Director
$0 $0 $0
PETER W SMITH DIRECTOR N/A
Director
$0 $0 $0
PATRICK WILLIHAN DIRECTOR N/A
Director
$0 $0 $0
ROBERT ALLEN DIRECTOR N/A
Director
$0 $0 $0
RUSS DRECHSEL DIRECTOR N/A
$0 $0 $0
JOYCE TOBIAS DIRECTOR N/A
Director
$0 $0 $0
JOSEPH TUTLIS DIRECTOR N/A
Director
$0 $0 $0
BRIAN DEMSHAR DIRECTOR N/A
Director
$0 $0 $0
ALEX GODOMASKY DIRECTOR N/A
Director
$0 $0 $0
TOM HILDRETH DIRECTOR N/A
Director
$0 $0 $0
NANCY HOLLIDAY DIRECTOR N/A
Director
$0 $0 $0
TEDDY SMITH DIRECTOR N/A
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 $309,320 $190,235 $1,224,605 $119,085
2024 $315,850 $176,922 $1,149,060 $138,928
2023 $265,470 $183,869 $1,010,133 $81,601
2022 $312,722 $192,479 $928,212 $120,243
2021 $430,326 $134,448 $922,288 $295,878
2020 $267,833 $132,661 $638,387 $135,172
2019 $622,232 $123,472 $498,760 $498,760
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