Nonprofit · EIN 84-2476211
LAKE STATE ALPINE RACING
Tax-exempt · MINNEAPOLIS, MN 55420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $89,310 | $84,320 | $4,990 | $77,651 | $1 | $77,650 |
| June 30, 2024 | 990 | $107,333 | $81,817 | $25,516 | $72,660 | $0 | $72,660 |
| June 30, 2023 | 990 | $97,475 | $89,009 | $8,466 | $47,144 | $0 | $47,144 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,768
- Program service revenue
- $87,434
- Investment income
- $108
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,500
- Salaries, compensation and benefits (total)
- $3,500
- Professional fundraising fees
- $0
- Accounting fees
- $640
- Depreciation
- $1,614
- Program services (functional)
- $79,392
- Management and general (functional)
- $4,928
Balance sheet and other
- Total assets, start of year
- $72,660
- Total assets, end of year
- $77,651
- Total liabilities, end of year
- $1
- Net assets, end of year
- $77,650
- Land, buildings and equipment
- $2,419
- Gross receipts
- $89,310
- Employees
- 0
- Volunteers
- 50
- Year formed
- 2019
- State of legal domicile
- MN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT MAY | Treasurer Trustee or director, Officer | 10 | $3,500 |
| MIKE FRIEDRICH | President Trustee or director | 20 | $0 |
| EMILY SCOTT | Director Trustee or director | 1 | $0 |
| ANDI ANDERSON | Director Trustee or director | 1 | $0 |
| JOEL BEACH | Director Trustee or director | 1 | $0 |
| JOE MYSS | Director Trustee or director | 1 | $0 |
| SHAWN MEYER | Director Trustee or director, Officer | 10 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT MAY | Treasurer Trustee or director, Officer | 10 | $3,500 |
| MIKE FRIEDRICH | President Trustee or director | 20 | $0 |
| EMILY SCOTT | Director Trustee or director | 1 | $0 |
| ANDI ANDERSON | Director Trustee or director | 1 | $0 |
| JOEL BEACH | Director Trustee or director | 1 | $0 |
| JOE MYSS | Director Trustee or director | 1 | $0 |
| SHAWN MEYER | Director Trustee or director, Officer | 10 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD STAGEBERG | Treasurer Trustee or director | 10 | $3,500 |
| MIKE FRIEDRICH | President Trustee or director | 20 | $0 |
| EMILY SCOTT | Director Trustee or director | 1 | $0 |
| ANDI ANDERSON | Director Trustee or director | 1 | $0 |
| MATT MAY | Director Trustee or director, Officer | 1 | $0 |
| JOEL BEACH | Director Trustee or director | 1 | $0 |
| JOE MYSS | Director Trustee or director | 1 | $0 |
| SHAWN MEYER | Director Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 201504, MINNEAPOLIS, MN 55420-7504
- Principal officer (990 for 2024)
- MIKE FRIEDRICH, PO BOX 201504, MINNEAPOLIS, MN 55420
- Signed the 990
- MATT MAY, Director
- Phone
- (952) 237-0442
- Return prepared by
- Charles Allen Ltd
Mission
OUR MISSION IS TO PROVIDE EXCELLENT ALPINE SKI INSTRUCTION AND RACE COACHING TO YOUTH IN A SAFE, FRIENDLY AND FUN ENVIRONMENT. WE ALSO PROVIDE OUTDOOR RECREATION FOR KIDS IN WINTER THAT HELP THEM STAY ACTIVE, LEARN NEW SKILLS AND DEVELOP A LIFELONG PASSION FOR SKIING. WE BELIEVE THAT ALL CHILDREN FROM OUR TEAM AND OTHERS SHOULD BE TREATED WITH KINDNESS.
Program accomplishments
- THE 2024-2025 SEASON WE ENROLLED AND COACHED APPROXIMATELY 120 SKI RACERS INTO OUR PROGRAM, MOST OF THEM BETWEEN THE AGES OF 7 AND 15 YEARS OLD. OUR RACE TEAM IS A MEMBER OF THE MIDWEST SNOWSPORTS DEVELOPMENT LEAGUE (MSDL)IN WHICH WE COMPETED IN 7 ALPINE SKI RACE EVENTS. WE SUCCESSFULLY HOSTED ONE OF THOSE EVENTS.Expenses $79,392 · revenue $87,434
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2476211
- 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
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N68)
- Assets (IRS master file)
- $77,651
- Income (IRS master file)
- $89,310
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $89,310 | $84,320 | $77,651 | XML |
| 990 | June 2024 | $107,333 | $81,817 | $72,660 | IRS |
| 990 | June 2023 | $97,475 | $89,009 | $47,144 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 84-2476211).
Questions about LAKE STATE ALPINE RACING
- What is the EIN of LAKE STATE ALPINE RACING?
- The employer identification number (EIN) of LAKE STATE ALPINE RACING is 84-2476211.
- Is LAKE STATE ALPINE RACING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to LAKE STATE ALPINE RACING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE STATE ALPINE RACING 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 STATE ALPINE RACING due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE STATE ALPINE RACING last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKE STATE ALPINE RACING?
- The 990 for the year ended June 30, 2025 names MIKE FRIEDRICH.
- Who are the officers and directors of LAKE STATE ALPINE RACING?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $3,500 (MATT MAY, Treasurer).
- How much revenue does LAKE STATE ALPINE RACING have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $89,310, expenses of $84,320 and total assets of $77,651 at year end.
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