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Nonprofit · EIN 68-0025877

NORTHSTAR TEAM FOUNDATION

Tax-exempt · TRUCKEE, CA 96161

Financials

$355K$312K2023$656K$686K2024
Revenue Expenses · by fiscal year end
Financials of NORTHSTAR TEAM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$655,711$686,405-$30,694$342,401$985$341,416
April 30, 2024990$355,009$311,912$43,097$372,110$0$372,110
Financial details: 990 for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$364,345
Investment income
$3,567
Net income from fundraising events
$271,065
Net income from sales of inventory
$16,734
Other revenue
$287,799

Expenses

Grants and similar amounts paid
$35,396
Compensation of officers, directors and key employees
$0
Other salaries and wages
$163,974
Salaries, compensation and benefits (total)
$179,799
Professional fundraising fees
$0
Accounting fees
$8,426
Program services (functional)
$612,931
Management and general (functional)
$73,474

Balance sheet and other

Total assets, start of year
$372,110
Total assets, end of year
$342,401
Total liabilities, end of year
$985
Net assets, end of year
$341,416
Net assets without donor restrictions
$341,416
Gross receipts
$718,749
Employees
11
Volunteers
25
Year formed
1984
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended April 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
LAURIE CARRADEDirector
Trustee or director
0$0
KELLY COFFEYDirector
Trustee or director
0$0
JASON FREIDRICHSDirector
Trustee or director
0$0
KATIE MARKOVDirector
Trustee or director
0$0
AARON ATKINSDirector
Trustee or director
0$0
TOBI ADOMOLEKUNPresident
Officer
0$0
KRISTIN RENAUDINTreasurer
Officer
0$0
JENNIFER MELLOSecretary
Officer
0$0
990 for the year ended April 30, 2024: 9 people
NameTitleHours / weekCompensation
MAX LIBERIANDirector
Trustee or director
0$0
KELLY COFFEYDirector
Trustee or director
0$0
JASON FREIDRICHSDirector
Trustee or director
0$0
KATIE MARKOVDirector
Trustee or director
0$0
AARON ATKINSDirector
Trustee or director
0$0
AMY WARRENExecutive Dir.
Trustee or director
0$0
TOBI ADOMOLEKUNBOARD CHAIR
Officer
0$0
KRISTIN RENAUDINTreasurer
Officer
0$0
JENNIFER MELLOSecretary
Officer
0$0

Address and contacts

Address (IRS master file)
11260 DONNER PASS RD STE C1, TRUCKEE, CA 96161-4845
Principal officer (990 for 2024)
TOBI ADOMOLEKUN, 11260 DONNER PASS RD C1 103, TRUCKEE, CA 96161
Signed the 990
KRISTIN RENAUDIN, Treasurer
Phone
(415) 599-6181
Return prepared by
Griesmer and Fereira CPAs

Mission

NORTHSTAR TEAM FOUNDATION SUBSIDIZES COACHING & TRAVEL EXP, EQUIPMENT, LODGING, DUES & MEMBERSHIPS FOR THE NORTHSTAR RACE TEAM WHICH PROVIDES OPPORTUNITIES & TRAINING FOR ATHLETES AGES 4 TO ADULT. ATHLETES ARE TRAINED BY CERTIFIED INSTRUCTORS & COMPETE IN RACES HOSTED BY THE NORTHSTAR RACE TEAM & AT OTHER SKI AREAS.

990 for the year ended April 30, 2025

Program accomplishments

  • The Northstar Team Foundation diligently directs its funds towards a wide array of initiatives that promote holistic growth within the athletic community. The Foundation supported over 500 athletes in the 2024-25 season. These athletes attended competitions locally, nationally, and internationally. The foundation's commitment to the athletic community extends beyond just physical resources; it also emphasizes personal development and well-being. In addition to the facility expansion of the training arena, the Northstar Team Foundation organizes various programs aimed at enriching the overall experience of its members. These initiatives include: Mentorship Programs: Experienced athletes and coaches provide guidance and support to younger members, fostering a culture of learning and collaboration. This peer-to-peer interaction not only enhances skills but also builds lasting relationships within the community.Mental Health Workshops: Recognizing the importance of mental well-being in sports, the foundation collaborates with a sports psychologist to offer workshops that help athletes manage stress, anxiety, and performance pressure. These sessions empower athletes to develop resilience, which is crucial for their overall success.Community Engagement Events: The foundation organizes events that encourage athletes and coaches to give back to the community. These initiatives not only foster a sense of responsibility but also strengthen ties with local organizations, creating a supportive network.Scholarship Opportunities: The Northstar Team Foundation offers scholarships for needs based and off season training opportunities. This financial support enables athletes to pursue higher levels of training as well as create an inclusive culture taking away the financial barrier.Hybrid Program: The Foundation facilitates off-season training camps for athletes at various locations locally and across the world. The program services nearly 100 athletes and creates a career pipeline for the coaching staff with year-round on and off hill opportunities.With these multifaceted initiatives, the Northstar Team Foundation is not only building better athletes and coaches but also nurturing well-rounded individuals who are prepared to face challenges both on and off the hill. The foundation's holistic approach embodies the spirit of dedication and community, ensuring that all members feel valued and supported in their journey toward excellence.
    Expenses $612,931 · grants $35,396

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
68-0025877
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
April
Files
Form 990 or 990-EZ
Assets (IRS master file)
$342,401
Income (IRS master file)
$718,749

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2025–––IRS
990April 2024$355,009$311,912$372,110IRS
990June 2023$373,729$427,568$329,013IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about NORTHSTAR TEAM FOUNDATION

What is the EIN of NORTHSTAR TEAM FOUNDATION?
The employer identification number (EIN) of NORTHSTAR TEAM FOUNDATION is 68-0025877.
Is NORTHSTAR TEAM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to NORTHSTAR TEAM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTHSTAR TEAM FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NORTHSTAR TEAM FOUNDATION due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTHSTAR TEAM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2025.
Who is the principal officer of NORTHSTAR TEAM FOUNDATION?
The 990 for the year ended April 30, 2025 names TOBI ADOMOLEKUN.
Who are the officers and directors of NORTHSTAR TEAM FOUNDATION?
The 990 for the year ended April 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does NORTHSTAR TEAM FOUNDATION have?
On its 990 for the year ended April 30, 2025 it reported revenue of $655,711, expenses of $686,405 and total assets of $342,401 at year end.

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