Itasca Ski & Outing Club Incorporated is a 501(c)(3) organization based in Coleraine, Minnesota, registered in 2000, with $330,735 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$331K
▲ 7.9% vs prior year
Recreation median: $129K
Expenses (FY2024)
$267K
Net assets
$296K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Itasca Ski & Outing Club Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Itasca Ski & Outing Club Incorporated: 13 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Itasca Ski & Outing Club Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Itasca Ski & Outing Club Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $129K (FY2010) to $331K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
19.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$300K
Total liabilities
$4,004
Net assets
$296K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $330,735▲7.9% | $267,033▼10.9% | $295,966▲27.4% | $299,970▲20.4% | 990 |
| 2023 | $306,490▲19.1% | $299,621▼14.8% | $232,264▲3.0% | $249,165▼15.6% | 990 |
| 2022 | $257,246▲29.8% | $351,770▲28.3% | $225,395▼29.5% | $295,312▼7.7% | 990 |
| 2021 | $198,138▼27.2% | $274,203▲14.0% | $319,919▼19.2% | $320,063▼19.2% | 990 |
| 2020 | $272,036▲55.4% | $240,539▲7.6% | $395,984▲8.6% | $395,984▲8.6% | 990 |
| 2019 | $175,090▲14.4% | $223,530▲0.6% | $364,487▼13.8% | $364,487▼13.8% | 990 |
| 2018 | $153,057▲15.6% | $222,204▲10.2% | $422,927▼14.1% | $422,927▼14.1% | 990 |
| 2017 | $132,352▼65.8% | $201,624▲6.0% | $492,074▼12.6% | $492,074▼12.6% | 990 |
| 2016 | $386,675▲647% | $190,189▲88.0% | $562,982▲54.3% | $562,982▲54.3% | 990 |
| 2015 | $51,760▼33.4% | $101,152▼11.8% | $364,860▼11.9% | $364,860▼11.9% | 990 |
| 2014 | $77,775▼23.1% | $114,746▼16.4% | $414,252▼8.2% | $414,252▼8.2% | 990 |
| 2013 | $101,166 | $137,294▼22.0% | $451,223▼7.4% | $451,223▼9.2% | 990 |
| 2012 | — | $176,080▲1.4% | $487,351▼1.8% | $496,732▲0.1% | 990 |
| 2011 | — | $173,675▲30.7% | $496,382▲5.7% | $496,382▲5.7% | 990 |
| 2010 | $128,611 | $132,838 | $469,538 | $469,538 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Itasca Ski & Outing Club Incorporated totaling $46K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Catholic Community Foundation of Minnesota | General operating | 2024 | $10,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $16,100 |
| Catholic Community Foundation of Minnesota | General operating | 2023 | $10,000 |
| Saint Paul & Minnesota Foundation | Multiple grants for multiple purposes | 2022 | $10,000 |
Explore more
Data for Itasca Ski & Outing Club Incorporated (EIN 41-1278788) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.