2018-10-12T14:48:06-05:00 2018-05-31 411397419 Abdo Eick & Meyers LLP 5201 Eden Avenue Suite 250 Edina MN 55436 990 2017-06-01 411544715 Team Gilboa Ski Club TEAM 6123358682 PO Box 390483 Edina MN 55439 Dave Sherwood Treasurer 6123358682 2018-10-10 1 John N Abdo CPA P00073438 9528359090 2018-10-10 64.88.174.3 2018-10-10 07:36:03 CD P F3A9343BBB4473E3A6844ADF689180E2CDEE805C 4E64D82136E9498A9A5F9CBEB12B871956AD27EE 2017 2018-06-14 16:35:46Z X Dave Sherwood PO Box 390483 Edina MN 55439 1016045 0 X www.teamgilboa.com X 1984 MN Through alpine ski racing, we develop and inspire a community of young athletes who strive for excellence, compete with integrity, and pursue a lifelong love of skiing. 13 12 22 163 0 0 56486 31296 601570 843113 67 2682 42733 66473 700856 943564 0 0 0 0 324759 386567 0 0 25203 307976 481773 632735 868340 68121 75224 297394 362045 151403 120624 145991 241421 Through alpine ski racing, we develop and inspire a community of young athletes who strive for excellence, compete with integrity, and pursue a lifelong love of skiing. 0 0 454832 657832 Race programs for ages 6 through seniors in high school, which are held 2-4 times per week focusing on skiing skills and racing fun. 239052 185985 Camps and Racing. Specialized ski camps to improve camp participants' skiing and race skills. Races are for U16 to U21 athletes involved in FIS Racing. 693884 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 50 0 1 22 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X The Organization 6123358682 PO Box 390483 Edina MN 55439 Dylan Bryant Member at Large 1.00 X 0 0 0 Brent Burrows Member at Large 1.00 X 0 0 0 Mark Conway HR Chair 1.00 X 0 0 0 Jeff Dekko Member at Large 1.00 X 0 0 0 Peder Gustafson Programming Chair 1.00 X 0 0 0 Andrea Jones Member at Large 1.00 X 0 0 0 Patrick McMahon Member at Large 1.00 X 0 0 0 Dan Mulheran President 3.00 X X 0 0 0 Talia Pierce Secretary 3.00 X X 0 0 0 Scott Scavanger Management Team 40.00 X X 64746 0 0 Dave Sherwood Treasurer 3.00 X X 0 0 0 Mark Sprenkle VP 3.00 X X 0 0 0 Kirsten Taylor Communications and Culture Chair 1.00 X 0 0 0 64746 0 0 0 0 0 0 0 31296 31296 Registrations 713990 843113 843113 843113 82 82 2600 0 2600 2600 2600 61073 20626 40447 40447 44980 51855 -6875 -6875 Ski Equipment Swap 900099 32708 32708 Miscellaneous Income 900099 193 193 32901 943564 869139 0 43129 21462 15901 4634 927 330537 244895 71363 14279 2081 1169 760 152 32487 24070 7014 1403 36175 36175 1600 1600 15300 10137 3383 1780 3877 3877 8001 3736 3501 764 21802 12246 7960 1596 101225 100917 308 2123 2123 176 176 7399 7399 32705 24231 7061 1413 Food and Ski Costs 176632 176632 Equipment 37490 37490 Scholarships and Coach 14395 14395 Per Diems 11790 11790 11083 2700 5494 2889 868340 693884 149253 25203 128322 76877 128135 229143 13600 945 1444 36585 36990 18495 25893 18495 297394 362045 44860 45371 83150 75253 23393 151403 120624 X 106380 238921 2500 145991 241421 297394 362045 75224 20206 0 X X 0 1 X 1 0 X 37290 54240 50318 56486 31296 229630 541179 715373 827975 734845 981874 3801246 578469 769613 878293 791331 1013170 4030876 0 0 0 4030876 41 17 8 67 82 215 41 17 8 67 82 215 578510 769630 878301 791398 1013252 4031091 0.99990 1.00000 0.00010 X 36990 18495 18495 18495 X 943564 0 943564 0 943564 868340 0 868340 0 868340 Part X, Line 2: The Organization is exempt from federal and state income tax under section 501(c)(3) of the Internal Revenue Code. During the year ended May 31, 2018, the Organization has not incurred any interest or penalties on its tax returns. The Organization's tax returns are subject to possible examination by taxing authorities. For federal tax purposes, the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed. The Organization did not have any unrelated business income during the year ended May 31, 2018. Kickoff and Banquet 61073 61073 20626 61073 61073 20626 20626 40447 Form 990, Part VI, Section B, line 11b The President and Treasurer review the form 990. Upon their approval, it is distributed to all board members for review and comment. Form 990, Part VI, Section B, line 12c The conflict of interest policy has been presented to the board and they have been instructed to bring up any conflicts immediately with the President or Treasurer. In addition, the members of the board fill out a conflict of interest statement on an annual basis. The conflict of interest statements are reviewed by the President and Treasurer. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part XII, Line 2c: The finance committee selected the CPA firm by reviewing audit proposals and determined which firm best fit the needs of the organization. The accountant for the organization worked with the auditors during and after the fieldwork. The audit draft was then reviewed by the accountant, the finance committee and the board. The board resolved to accept the audit.