NonprofitsLake Eldora Racing Team Association

Lake Eldora Racing Team Association

BOULDER, CO

Total revenue

$1.5M

Total expenses

$1.6M

Net assets

$498K

Grants received

$157K

11 grants

EIN

840707228

Tax year

2023

Mission

Youth outdoor education, sports and sportsmanship. Winter program includes ski and snowboard racing and competition. Summer season includes mountain biking and dryland training preparation for the winter season. Building in champions in sports and life. Programs exist for ages 6-22.

Programs

3 programs

Junior race program: the program is comprised of youth athletes ages 6 - 15, participating in a 14 week saturday or sunday program operating dec. Through beginning of april. Enrollment was 112 athletes during the 2023- 2024 season, with competitions on either at home on sat. Or away competitions on sundays. There are 5 competitions in this program. The goal of the program focuses on introductory alpine competition skills, including slalom, giant slalom and kombi techniques. The program is staffed by a year round direct, and seasonal part time employees. We also have several volunteers who participate in the program.

Expenses: $175K

Single track mountain bike adventures (smba): promotes physical fitness, mountain bike development and exposure to competitive mountain bike racing. Team participants and weekly camp participants make up our smba program. We have 429 team athletes in the spring, summer and fall sessions and 152 week long camp athletes. The smba program complements the alpine program for year-round conditioning and athletic opportunities for youth in sports. The programs are staffed by a full time year round director and full and part time seasonal mountain bike coaches.

Expenses: $379K

Alpine age class athlete podium at u14 championships. Freestyle, slopestyle, rail jams - multiple podiums in all events. Sent several athletes to nationals. 3 podiums at youth ski league championship. Created the shred program with nederland elementary school in order to provide a free day of mountain bike instruction or just learning to ride a bike for each grade. Single track mountain bike facilitates the program and provides all coaching. In conjunction with the pta at nederland elementary we were able to get bikes donated to the school for athletes who did not have a bike.

Expenses: $116K

Financials

FY 2023

Revenue

Contributions & grants$106K
Program service revenue$1.1M
Investment income$13K
Other revenue$254K
Total revenue$1.5M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising$100K
Other expenses$405K
Total expenses$1.6M
Total assets$499K
Net assets$498K

People

9 listed

NameRoleCompensation

MATT TOMASKO

EXECUTIVE DI

Board

$128K

60 hrs/wk

SAM BASS

BOARD MEMBER

Board

2 hrs/wk

JESSICA CATLIN

BOARD MEMBER

Board

2 hrs/wk

KEVIN GAWENUS

TREASURER

Board

4 hrs/wk

MIKE MCCUE

PRESIDENT

Board

2 hrs/wk

CHRIS MONROE

BOARD MEMBER

Board

2 hrs/wk

MARY BETH REECE

SECRETARY

Board

2 hrs/wk

CONNIE SCIOLINO

BOARD MEMBER

Board

2 hrs/wk

PETER TROLLER

VICE PRESIDE

Board

2 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$13K
GENERAL PURPOSE
2024
$10K
FUNDRAISER - POW WITH ATC
2023
$10K
GENERAL PURPOSE
2023
$10K
General Operating Support
2020
$10K
COMMUNITY & HUMAN SERVICES
2019

Funded by

$157K from 6 funders · 11 grants · 2019–2024

Donor Advised Charitable Giving Inc

$89K · 4 grants · 2020–2023

Colorado Gives Foundation

$22K · 2 grants · 2023–2024

American Online Giving Foundation Inc

$16K · 2 grants · 2019–2024

Protect Our Winters

$10K · 1 grant · 2023

Gs Donor Advised Philanthropy Fund

$10K · 1 grant · 2019

Details

EIN840707228
Subsection03
Ruling date1975-12
Formed1975
Employees109
Volunteers277
LAKE ELDORA RACING TEAM ASSOCIATION — Mission, Financials & Grants Received | Grantivo