Nonprofit · EIN 84-0707228
LAKE ELDORA RACING TEAM ASSOCIATION
Tax-exempt · BOULDER, CO 80301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $1,439,875 | $1,507,013 | -$67,138 | $431,019 | $0 | $431,019 |
| July 31, 2024 | 990 | $1,456,806 | $1,560,641 | -$103,835 | $499,354 | $1,197 | $498,157 |
| July 31, 2023 | 990 | $1,161,913 | $1,321,610 | -$159,697 | $602,869 | $877 | $601,992 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $309,829
- Program service revenue
- $1,032,808
- Investment income
- $16,968
- Net income from fundraising events
- $42,113
- Net income from sales of inventory
- $38,157
- Other revenue
- $80,270
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $117,153
- Other salaries and wages
- $812,575
- Salaries, compensation and benefits (total)
- $1,122,235
- Professional fundraising fees
- $0
- Accounting fees
- $3,502
- Occupancy
- $5,096
- Program services (functional)
- $1,244,140
- Management and general (functional)
- $169,237
- Fundraising (functional)
- $93,636
Balance sheet and other
- Total assets, start of year
- $499,354
- Total assets, end of year
- $431,019
- Total liabilities, end of year
- $0
- Net assets, end of year
- $431,019
- Gross receipts
- $1,500,685
- Employees
- 114
- Volunteers
- 173
- Year formed
- 1975
- State of legal domicile
- CO
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATT TOMASKO | EXECUTIVE DI Officer | 60 | $117,153 | $53,224 |
| SAM BASS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JESSICA CATLIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KEVIN GAWENUS | TREASURER Trustee or director | 4 | $0 | $0 |
| MIKE MCCUE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| CHRIS MONROE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARY BETH REECE | SECRETARY Trustee or director | 2 | $0 | $0 |
| CONNIE SCIOLINO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER TROLLER | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended July 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATT TOMASKO | EXECUTIVE DI Officer | 60 | $128,149 | $53,232 |
| SAM BASS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JESSICA CATLIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KEVIN GAWENUS | TREASURER Trustee or director | 4 | $0 | $0 |
| MIKE MCCUE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| CHRIS MONROE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARY BETH REECE | SECRETARY Trustee or director | 2 | $0 | $0 |
| CONNIE SCIOLINO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER TROLLER | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended July 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATT TOMASKO | EXECUTIVE DI Officer | 60 | $117,814 | $46,305 |
| SAM BASS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KEVIN GAWENUS | TREASURER Trustee or director | 4 | $0 | $0 |
| MIKE MCCUE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| CHRIS MONROE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARY BETH REECE | SECRETARY Trustee or director | 3 | $0 | $0 |
| CONNIE SCIOLINO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CONNIE SCIOLINO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1750-1 30TH STREET 431, BOULDER, CO 80301-0000
- In care of
- % KEVIN GAWENUS
- Principal officer (990 for 2024)
- MATT TOMASKO, 1750-1 30TH STREET, BOULDER, CO 80301
- Signed the 990
- KEVIN GAWENUS, TREASURER
- Phone
- (303) 447-8014
- Return prepared by
- LINSENMEYER & ASSOCIATES PC
Mission
YOUTH OUTDOOR EDUCCATION, SPORTS AND SPORTMANSHIP. WINTER PROGRAMS INCLUDE SKI AND SNOWBOARD ALPINE TRAINING AND RACING AS WELL AS FREESTYLE FREERIDE SKI AND SNOWBOARD TRAINING AND COMPETITIONS. SUMMER SEASON INCLUDES MOUNTAIN BIKING AND DRYLAND PREPARATION FOR THIS WINTER SEASON. BUILDING CHAMPIONS IN SPORTS AND LIFE. PROGRAMS EXIST FOR AGES 5 - 22 YEARS OLD.
Program accomplishments
- CORE PROGRAM: YOUTH ATHLETES AGES 8-22, PARTICIPATING IN THE AGE CLASS, ABILITY AND FIS ALPINE SKI RACING PROGRAMS. ATHLETES PARTICIPATE YEAR ROUND IN DRYLAND AND SUMMER SKI PROGRAMS. THE WINTER PROGRAM CONSISTS OF PART TIME AND FULL TIME ATHLETES. ENROLLMENT FOR THE 2024-2025 SKI SEASON WAS 63 ATHLETES. THE CORE AGE CLASS, ABILITY AND FIS PROGRAMS PROMOTE REGIONAL AND NATIONAL COMPETITION. THE PROGRAM WAS STAFFED BY FULL TIME YEAR ROUND COACHES AS WELL AS PART TIME SEASONAL COACHES.Expenses $452,703 · revenue $328,978
- YOUTH SKI LEAGUE (JR. RACE PROGRAM): THE PROGRAM IS COMPRISED OF YOUTH ATHLETES AGES 6-17 YEARS OLD, PARTICIPATING IN A 16 WEEK PROGRAM, ON EITHER SAT. OR SUNDAY OPERATING DEC. THROUGH END THE. MARCH. COMPETITIONS TAKE PLACE ON SUNDAYS WITH 4 AWAY RACES AND ONE AT HOME. ENROLLMENT FOR THE 2024-2025 SEASON WAS 105 ATHLETES. THE GOAL OF THE PROGRAM FOCUSES ON INTRODUCTORY ASLPINE COMPETITIONS SKILLS, INLCUDING SLALOM, GIANT SLALOM AND KOMBI TECHNIQUES. THE PROGRAM IS STAFFED BY A YEAR ROUND DIREOCTOR AS WELL AS PART TIME SEASONAL YSL ALPINE COACHES. WE ALSO HAVE SEVERAL VOLUNTEERS WHO PARTICIPATE IN THE PROGRAM.Expenses $214,308 · revenue $231,151
- SINGLE TRACK MOUNTAIN BIKE ADVENTURES (SMBA): SMBA IS A MOUNTAIN BIKE PROGRAM SERVING THE FRONT RANGE WITH YOUTH AGES 4-18 YEARS OLD. SMBA PROMOTES PHYSICAL FITNESS, MOUNTAIN BIKE SKILL DEVELOPMENT AND EXPOSURE TO COMPETITIVE MOUNTAIN BIKE RACING. THE PROGRAM CONSISTS OF CAMPS IN THE SUMMER AND TEAM IN THE SPRING, FALL AND 2 SUMMER SESSIONS. DIRT RIDERS FOR YOUNGER ATHLETES FROM AGES 4-6 ALSO PARTIPCATE IN THE SPRING AND FALL. IN 2025 WE HAD 401 ATHLETES. THE PROGRAM IS STAFFED BY A FULL TIME DIRECTOR AND ASSISTANT DIRECTOR AS WELL AS PART AND FULL TIME SEASONAL STAFF.Expenses $377,241 · revenue $198,057
- THE FREESTYLE/FREERIDE PROGRAM CONSISTS OF ATHLETES AGES 8 - 18. THE PROGRAM CONSISTS OF OUR ALL MOUNTAIN DEVO PROGRAM WHICH IS THE INTRODUCTION TO FREESTYLE AND FREERIDE SPORT. AHTLETES LEARN AND TRAIN IN THE PARK, WORKING ON SKILLS FOR TRICKS, JUMPS ETC. AS WELL AS BIG MOUTAIN TRAINING. ATHLETES IN THE PROGRAM CAN COMPETE IN A MULITUDE OF COMPETITIONS; BIG MOUTAIN, SLOPESTYLE, RAIL JAMS ETC. THE PROGRAM IS STAFFED BY A YEAR ROUND DIRECTOR AS WELL AS PART TIME AND FULL TIME SEASONAL COACHES. IN THE SPRING, FALL AND SUMMER WE UTILIZE TRAMPOLINES AT SNOBAHN AS WELL AS CONDITIONING FOR DRYLAND TRAINING. IN THE 2024 - 2025 WE HAD 86 PARTICIPANTS. ACCOMPLISMENTS FOR 2024 - 2025 SEASON: WE HAD 4 ATHLETES COMPETE AT WORLD JUNIORS IN FREESTYLE/FREERIDE. WE ALSO HAD SEVERAL ATHLETES ATTEND REGIONALS CHAMPIONSHIPS AND PODIUM.Expenses $199,888 · revenue $274,622
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 84-0707228
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $431,019
- Income (IRS master file)
- $1,500,685
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $1,439,875 | $1,507,013 | $431,019 | XML |
| 990 | July 2024 | $1,456,806 | $1,560,641 | $499,354 | XML |
| 990 | July 2023 | $1,161,913 | $1,321,610 | $602,869 | XML |
| 990 | July 2022 | $1,312,934 | $1,330,755 | $762,062 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 84-0707228).
Questions about LAKE ELDORA RACING TEAM ASSOCIATION
- What is the EIN of LAKE ELDORA RACING TEAM ASSOCIATION?
- The employer identification number (EIN) of LAKE ELDORA RACING TEAM ASSOCIATION is 84-0707228.
- Is LAKE ELDORA RACING TEAM ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to LAKE ELDORA RACING TEAM ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE ELDORA RACING TEAM ASSOCIATION 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 LAKE ELDORA RACING TEAM ASSOCIATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE ELDORA RACING TEAM ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of LAKE ELDORA RACING TEAM ASSOCIATION?
- The 990 for the year ended July 31, 2025 names MATT TOMASKO.
- Who are the officers and directors of LAKE ELDORA RACING TEAM ASSOCIATION?
- The 990 for the year ended July 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $117,153 (MATT TOMASKO, EXECUTIVE DI).
- How much revenue does LAKE ELDORA RACING TEAM ASSOCIATION have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $1,439,875, expenses of $1,507,013 and total assets of $431,019 at year end.
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