2026-04-14T15:25:57-05:00 2025-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2024-07-01 943171879 SUGAR BOWL SKI TEAM & ACADEMY SUGA 5302697401 PO BOX 68 NORDEN CA 95724 STEPHEN MCMAHON EXECUTIVE DIRECTOR 5302697401 2026-04-09 1 1 KATY BROWN P00650274 9257902600 2026-04-09 2024 2025-03-06 01:10:19Z SUGAR BOWL ACADEMY STEPHEN MCMAHON PO BOX 68 NORDEN CA 95724 7399553 0 X SBACADEMY.ORG X 1992 CA SUGAR BOWL SKI TEAM & ACADEMY IS DEDICATED TO PROVIDING SKIERS AGES 4-21 (CONTINUED ON SCHEDULE O) THE OPPORTUNITY TO PURSUE ATHLETIC DREAMS, ACADEMIC EXCELLENCE AND PERSONAL GROWTH. ACTIVITIES INCLUDE A PRIVATE BOARDING AND DAY SCHOOL, AND COMPETITIVE SKI PROGRAMS. 16 16 164 75 0 0 458878 945298 7526970 5995546 108069 68807 47963 67095 8141880 7076746 799011 1038497 0 0 5103197 4826248 0 0 475984 4093583 2422858 9995791 8287603 -1853911 -1210857 19094671 18707344 5357402 6072957 13737269 12634387 X SUGAR BOWL SKI TEAM & ACADEMY IS A COMMUNITY DEDICATED TO PROVIDING PASSIONATE SKIERS THE OPPORTUNITY TO PURSUE ATHLETIC DREAMS, ACADEMIC EXCELLENCE AND PERSONAL GROWTH WHILE CELEBRATING GRIT, GRACE AND COURAGE. THE ORGANIZATION OVERSEES THE (CONTINUED ON SCHEDULE O) FOLLOWING PROGRAMS: A SKI TEAM FOR ALPINE, FREERIDE AND NORDIC SKIERS RACERS OF ALL AGES AND A COLLEGE PREPARATORY DAY AND BOARDING SCHOOL FOR STUDENTS IN GRADES 6-12. 0 0 3016787 1038497 3365911 SBSTA OPERATES SUGAR BOWL ACADEMY, A FULLY ACCREDITED BOARDING AND DAY SCHOOL FOR STUDENTS IN GRADES 6 THROUGH 12. CURRENTLY THERE ARE 55 STUDENTS ENROLLED IN THE SCHOOL ON A FULL TIME BASIS. THE SCHOOL OFFERS RIGOROUS COLLEGE PREPARATORY ACADEMICS COMBINED WITH A COMPETITIVE ALPINE, NORDIC AND FREERIDE SKI PROGRAM FOR STUDENTS WHO WANT TO PURSUE BOTH ATHLETICS AND ACADEMICS AT A HIGH LEVEL. ACADEMY STUDENTS REGULARLY COMPETE IN SKI RACE EVENTS AT A REGIONAL AND NATIONAL LEVEL. NEARLY 100% OF ACADEMY GRADUATES ATTEND A FOUR YEAR COLLEGE OR UNIVERSITY AND MANY CONTINUE COMPETITIVE SKI RACING DURING THEIR COLLEGE YEARS. SUGAR BOWL SKI TEAM & ACADEMY IS A COMMUNITY DEDICATED TO PROVIDING PASSIONATE SKIERS THE OPPORTUNITY TO PURSUE ATHLETIC DREAMS, ACADEMIC EXCELLENCE, AND PERSONAL (CONTINUED ON SCHEDULE O) GROWTH WHILE CELEBRATING GRIT, GRACE, AND COURAGE. 1963865 2473802 SBSTA RUNS A SKI TEAM WITH A MEMBERSHIP OF APPROXIMATELY 500 ATHLETES AND A STAFF OF AROUND 100 COACHES. THE AGE RANGE OF SKI TEAM MEMBERS IS 4 YEARS OLD TO 21. THE SKI TEAM OFFERS PROGRAMS IN ALPINE, FREERIDE,SNOWBOARD, NORDIC, AND BACKCOUNTRY SKIING. THE SKI TEAM OPERATES FROM NOVEMBER THROUGH APRIL AND ALSO OFFERS ON-SNOW AND OFF-SNOW PROGRAMS IN THE OFF SEASON. THE SKI TEAM SUPPORTS AND DEVELOPS SKI RACERS AT ALL LEVELS, INCLUDING THOSE WHO ARE INTERESTED IN COMPETING AT A NATIONAL LEVEL OR IN COLLEGE. MANY SKI TEAM ATHLETES SUCCESSFULLY COMPETE AT REGIONAL, NATIONAL, AND INTERNATIONAL COMPETITIONS AND GO ON TO SKI RACE AT DIVISION I COLLEGES AND UNIVERSITIES. 155833 155833 RACE CAMPS, RACE ARENA, FITNESS TRAINING, AND DEVELOPMENT CAMPS. 155833 155833 5136485 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 164 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X SAVANNAH TROXEL DIRECTOR OF FINANCE 5302697401 PO BOX 68 NORDEN CA 95724 BRYN JEDLIC CHAIR 3.00 X X 0 0 0 CHRIS KING VICE CHAIR 3.00 X X 0 0 0 PETER PHILLIPS TREASURER 3.00 X X 0 0 0 VINCE SOSNKOWSKI SECRETARY 3.00 X X 0 0 0 SMITA BAKSHI TRUSTEE 3.00 X 0 0 0 CAMILLA BEEVOR TRUSTEE 3.00 X 0 0 0 ELLEN COOPER TRUSTEE 3.00 X 0 0 0 NADIA COSTA TRUSTEE 3.00 X 0 0 0 ANDREW DAVIS TRUSTEE 3.00 X 0 0 0 SCOTT FLAKE TRUSTEE 3.00 X 0 0 0 STEPHANIE HALL TRUSTEE 3.00 X 0 0 0 MATT HAWLEY TRUSTEE 3.00 X 0 0 0 SUSAN KUNG TRUSTEE 3.00 X 0 0 0 MATT PAUL TRUSTEE 3.00 X 0 0 0 RILEY PLANT TRUSTEE 3.00 X 0 0 0 EILEEN SHELDON TRUSTEE 3.00 X 0 0 0 BRAD WEAVER TRUSTEE (THRU 7/24) 3.00 X 0 0 0 STEPHEN MCMAHON EXECUTIVE DIRECTOR 40.00 X 235000 0 7050 BRANKO ZAGAR ATHLETIC DIRECTOR 40.00 X 154377 0 24260 MARK MCAULEY FACILITIES & ENGINEERING DIRECTOR 40.00 X 101791 0 5150 491168 0 36460 3 0 1 0 0 118233 827065 23065 945298 TUITION & FEES 611600 3365911 3365911 SKI TEAM MEMBERSHIP FE 611600 2473802 2473802 OTHER PROGRAM REVENUE 611600 155833 155833 5995546 69017 69017 15000 0 15000 15000 15000 259735 259945 -210 -210 -210 96557 118233 57812 38745 38745 4050 5050 -1000 -1000 OTHER REVENUE 900099 14350 14350 14350 7076746 5995546 0 135902 1038497 1038497 412773 100332 224164 88277 3349218 2636047 626696 86475 51485 45876 920 4689 721011 183091 530898 7022 291761 216854 61175 13732 17920 17920 225189 225189 5895 5895 80122 20104 42966 17052 12735 4064 8671 146842 38784 84675 23383 121783 47075 69391 5317 755032 268073 483079 3880 159832 159832 424426 398960 25466 52352 21897 30455 SUPPLIES 369341 53020 124301 192020 STUDENT ACTIVITIES 48638 45511 3127 MISC. EXPENSES 2751 380 2371 8287603 5136485 2675134 475984 1286938 2394571 1334721 276668 52641 36832 1360170 1376692 1663914 1762742 15188520 5659755 9925059 9528765 1689797 1591747 935335 935335 846096 803992 19094671 18707344 491783 340949 4090871 4979506 774748 752502 5357402 6072957 X 11957106 10817428 1780163 1816959 13737269 12634387 19094671 18707344 X -1210857 161685 -53710 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1937185 182294 354744 1764735 1783175 493385 175532 514907 1937185 1371324 432700 79243 100092 1783175 1978270 48774 -79767 575953 1371324 1896918 122735 41383 1978270 0.00000 0.89670 0.10330 0 0 14851276 5458716 9392560 231174 168642 62532 106070 32397 73673 9528765 OPERATING LEASE LIABILITY 752502 752502 X 6150178 161685 62862 224547 5925631 5895 1145220 1151115 7076746 7253060 116572 116572 7136488 5895 1145220 1151115 8287603 PART V, LINE 4: THE SUGAR BOWL ACADEMY ENDOWMENT PROVIDES THE ACADEMY WITH A CONSISTENT SOURCE OF FINANCIAL SUPPORT FOR STUDENT-ATHLETES. THE GENERAL ENDOWMENT FUND IS CAREFULLY INVESTED TO EARN INCOME THAT CAN BE USED TO PROVIDE ONGOING FINANCIAL SUPPORT FOR BOTH THE SCHOOL AND TEAM PROGRAMS. THE ACADEMY RETAINS IN PERPETUITY GIFTS DONATED TO THE DONOR-RESTRICTED ENDOWMENT FUNDS AT THEIR ORIGINAL VALUE. INCOME EARNED ON THE ENDOWMENT FUND IS APPROPRIATED BY THE BOARD OF TRUSTEES WITH CONSIDERATION OF THE FOLLOWING FACTORS: THE DURATION AND PRESERVATION OF THE ENDOWMENT, THE PURPOSES OF THE DONOR-RESTRICTED ENDOWMENT FUNDS, GENERAL ECONOMIC CONDITIONS, AND OTHER RESOURCES OF THE SCHOOL. PART X, LINE 2: THE ORGANIZATION IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA STATE FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2025, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT & GAMING EXPENSES 62,862. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,038,497. PROCESSING FEES 106,723. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT & GAMING EXPENSES 62,862. BAD DEBT EXPENSE 53,710. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,038,497. PROCESSING FEES 106,723. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ORGANIZATION ATTACHES COPY OF NON-DISCRIMINATION POLICY TO ALL ITS BROCHURES AS WELL AS STATES SAME IN ALL PRINT AND BROADCAST MEDIA. IT IS ALSO INCLUDED IN THE WEBSITE. ACADEMY SOIREE 171599 114343 57256 2100 17574 5000 9142 VILLAGE BALL 43191 3890 39301 15510 4500 3986 214790 118233 96557 2100 33084 9500 13128 57812 38745 1 FINANCIAL AID 7 243323 FMV DIRECT CREDIT TO STUDENT ACCOUNT ATHLETIC SCHOLARSHIP 22 313018 FMV DIRECT CREDIT TO STUDENT ACCOUNT EARLY BIRD DISCOUNT 50 121094 FMV DIRECT CREDIT TO STUDENT ACCOUNT EMPLOYEE DISCOUNTS 10 261062 FMV DIRECT CREDIT TO STUDENT ACCOUNTDIRECT CREDIT TO STUDENT ACCOUNT MERIT SCHOLARSHIP 2 100000 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: ASSISTANCE TO INDIVIDUALS IS GRANTED FROM AN INDEPENDENT SCHOLARSHIP COMMITTEE. MOST OF THE ASSISTANCE COMES IN THE FORM OF A REDUCTION IN TUITION OR TEAM FEES AND IS OCCASIONALLY A REIMBURSEMENT TO THE PARTICIPANT. X X X X 0 0 0 0 0 0 0 0 0 STEPHEN MCMAHON EXECUTIVE DIRECTOR 235000 0 0 0 0 0 7050 0 0 0 242050 0 0 0 BRANKO ZAGAR ATHLETIC DIRECTOR 154377 0 0 0 0 0 4789 0 19471 0 178637 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SENT OUT TO EACH TRUSTEE WITH TIME TO REVIEW AND RESPOND BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ANNUALLY REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT THAT CONFIRMS THEY HAVE READ AND UNDERSTOOD THE SBSTA CONFLICTS POLICIES AND THAT THEY HAVE NO CONFLICTS (EXCEPT AS DISCLOSED IN THAT STATEMENT). FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS A FINANCE COMMITTEE AND A GOVERNANCE COMMITTEE. THESE COMMITTEES CONSIDER COMPARABILITY DATA AND JOB PERFORMANCE FOR THE EXECUTIVE DIRECTOR POSITION. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ON GUIDESTAR AND OTHER WEBSITES AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT -53,710.