Youth and community nonprofits / California / Olympic Valley
Olympics committees
Olympic Valley Freeride and Freestyle Team
A tax-exempt nonprofit in Olympic Valley, California, classified by the IRS as olympics committees. For the year ending Jun 2024 it reported $1,117,440 in revenue and $995,124 in expenses.
What it says it does
“Olympic valley freeride team, "ovfft," is organized to support and develop amateur athletes, predominantly aged 8 to 19, by providing advanced education and training in the techniques of freeride and freestyle skiing. Ovfft also conducts and participates in ussa sanctioned competitions, providing participants opportunities to advance their standing with the ussa. Ovfft also offers scholarships to...”From the organization's Form 990 for the year ending Jun 2024, as written (including spelling); all-capital text shown in normal capitalization.
IRS facts
Type: Olympics committees (IRS activity code N71)
Mailing city (IRS): Olympic Valley, California 96146
EIN: 26-0848597
Tax status: 501(c)(3), eligible to receive tax-deductible donations; IRS-recognized as tax-exempt since 2008, per IRS records posted October 13, 2026.
Revenue on its latest IRS filing: $1,117,440 (year ending Jun 2024)
Check its status on IRS Tax Exempt Organization Search · Filings on ProPublica Nonprofit Explorer
Olympic Valley Freeride and Freestyle Team finances
From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 4 filed years. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.
| Year ending | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 |
|---|---|---|---|---|
| Total revenue | $466,717 | $685,449 | $899,614 | $1,117,440 |
| Total expenses | $432,928 | $667,040 | $853,655 | $995,124 |
| Total assets | $315,051 | $333,172 | $272,183 | $413,294 |
| Liabilities | $111,821 | $111,533 | $4,585 | $23,380 |
| Net assets | $203,230 | $221,639 | $267,598 | $389,914 |
| Employees | 16 | 17 | 34 | 34 |
| Volunteers | 25 | 25 | 30 | 12 |
| IRS form | Form 990 | Form 990 | Form 990 | Form 990 |
Where the money goes, year ending Jun 2024
Where the money comes from, year ending Jun 2024
- Gifts and grants $69,092 (6%)
- Program fees $1,048,724 (94%)
- Investment income $405 (0%)
- Other -$781
Other is negative: the filing nets losses, for example on events or investments, against income. Percentages use only the positive sources and are rounded, so they may not add to 100.
People: 34 employees and 12 volunteers reported for the year ending Jun 2024. Counts only; BackPR does not publish names of officers or staff.
Revenue trend: Growing. Revenue went from $466,717 (year ending Jun 2021) to $1,117,440 (Jun 2024), about +34% a year.
Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.
Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. California nonprofit.
How it compares
The only amateur sports nonprofit in Olympic Valley in our directory.
Size: revenue of $1,117,440 is in the top 10% of the 2,432 amateur sports nonprofits in California that report revenue to the IRS (the city count above also includes groups with none). The median is $143,571.
Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all California groups of this type (Amateur sports, which covers several IRS activity codes). Size only, not a rating.
Around Olympic Valley and its county
Placer County, California: the Census Bureau estimates about 92,480 children under 18 (July 1, 2024). This directory lists 271 youth and community nonprofits with a mailing ZIP code in the county, about 2.9 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.
This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.
California background check rules for youth programs · How BackPR works for amateur sports nonprofits
Questions about Olympic Valley Freeride and Freestyle Team
What is Olympic Valley Freeride and Freestyle Team's EIN?
Olympic Valley Freeride and Freestyle Team's EIN (Employer Identification Number) is 26-0848597. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.
Is Olympic Valley Freeride and Freestyle Team a nonprofit?
Yes. The IRS lists Olympic Valley Freeride and Freestyle Team in Olympic Valley, California as tax-exempt under section 501(c)(3), recognized since 2008. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.
Are donations to Olympic Valley Freeride and Freestyle Team tax-deductible?
Yes, the IRS lists gifts to Olympic Valley Freeride and Freestyle Team as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.
What does Olympic Valley Freeride and Freestyle Team do?
In its own words on its Form 990 for the year ending Jun 2024: "Olympic valley freeride team, "ovfft," is organized to support and develop amateur athletes, predominantly aged 8 to 19, by providing advanced education and training in the techniques of freeride and freestyle skiing. Ovfft also conducts and participates in ussa sanctioned competitions, providing participants opportunities to advance their standing with the ussa. Ovfft also offers scholarships to..." The IRS classifies it as: Olympics committees.
How much money does Olympic Valley Freeride and Freestyle Team take in?
For the year ending Jun 2024, Olympic Valley Freeride and Freestyle Team reported total revenue of $1,117,440 and total expenses of $995,124 on its Form 990 (IRS Form 990 e-file data).
Do you run this organization?
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Data as of November 8, 2026. Sources: IRS Business Master File (posted October 13, 2026), IRS Form 990 series e-file data, U.S. Census Bureau population estimates (July 1, 2024). Growth labels, ranks and percentiles are BackPR's own calculations.
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