American Birkebeiner (1).edited

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Jomo Kenyatta University of Agriculture and Technology *

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American Birkebeiner Ski, Run, Bike, Live! 50 years of honoring the warrior within! Formed in 1973, thirty-five determined souls lined up behind the starting line for what was to become known as the American Birkebeiner. They had no idea that they were about to change everything. The Birkie now offers a year-round calendar of activities promoting an active, healthy lifestyle for thousands of intrepid spiritropolitans--young and old alike. Mission: To hold the highest quality international cross-country ski competition, act as responsible guardians of the American Birkebeiner Trail, and assist people in leading active, friendly lives. – American Birkebeiner Foundation (2023) https: //www.birkie.com/about/ History & Timeline Established in 1973, The American Birkebeiner recalls the Birkebeiner Rennet held annually outside of Norwegian to honor and celebrate a historical event that took place back in November 1206 when two warrior soldiers skied with baby Prince Haakon (to escape from enemies) amidst all-consuming conflict during the period known as its Civil And Prince Haakon later ascended to the throne as King of Norway, and Birkebeiner Soldiers became an emblem for bravery under pressure. Because they used birch leggings, people call them Berkebeiners. Timeline: 1978 - Worldloppet Association 1985 - Foundation of the American Birkebeiner Ski Establishment pg. 1

After the insolvency of his Telemark Resort and different interests, the organizer went over the occasion. Promoted use of 10.2 Million on criminal remodels at the Telemark Resort in 2020 Offered part of the retreat to Milestone Conservancy, a not-for-profit land trust in western/northwestern Wisconsin 678,025.03 - TELMARK Woods safeguard The populace of Hayward/Link Wisconsin in 2021 is absolute occupants citydata.com The American Birkebeiner Establishment gives Northern Wisconsin's Hayward/Link region one of its most significant wellsprings of the travel industry income. The inquiry is to distinguish measurements by which its monetary effect on those networks can be estimated. There are around 8,000 - 10,0oo members in the Birkebeiner race each year (excluding the entirety of the Ski and Bicycle Runs presented during a season). Nearly 40,00 fans are expected to come here each week, jump in, and have a good time. Region populace of the Hayward/Link 3,872 (2021) If 1=$100.0, the likely all-out impact on the local area/the travel industry is $4 million The Birkebeiner race remembered for the Town of Haywards' groundbreaking strategy as a local area asset/monetary improvement is nothing unexpected. No other cross-country race associations in Wisconsin offer the style and hustling opportunity the American Birkebeiner establishments give. A few other cross-country ski resorts have rival dashing in the US. Since the cross-country ski populace is assessed to be around 5 million individuals, there's potential for an incredible number of them, such that Birkebeiner can expand its assortment and host more cross-country ski rivalries. While not holding rivalries, the paths and offices of the American Birkebeiner Establishment are accessible to every individual who prefers being in nature. Venture into Run and Bicycle adds new populaces from which the pg. 2

association can draw assets. An estimated 50 million individuals run and an estimated 54 million bicycles. By and by, the local area for outside occasions is significant and will give a fantastic new opening to foster exercises, zeroing in on those networks as an approach to expanding. As indicated by this association, its board had 13 individuals, with a staff of 26 workers and $ $ volunteer workers. Chief detailed compensation is $ 130,619.00, and extra remuneration/advantage is $ 3919. (2021) IRS 990. There could be no different Officials, Chiefs, Legal administrators, Key Workers, or Most elevated remuneration representatives that have revealed pay. The 2021 revealed complete pay costs for current officials and critical faculty come to $147,243. The American Birkebeiner Establishment says it is a participation association. Yet, in the wake of looking at the yearly reports and IRS 990 structures, there's no sign of where the incomes from individuals come in. This is a Nonprofit Organization 3 rated by Charity Navigator. - American Birkebeiner Ski Foundation (2023) Charity Navigator pg. 3

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Introduction: With its roots in the rich history of cross-country skiing, but at heart a forward-looking contemporary organization within the world of winter sports, the American Birkebeiner Foundation (ABF) is an icon. Sprouted in 1973, the ABF has grown into a refuge for ski lovers and an environment to nourish unity and promote healing while conserving Nordic ski culture. Historical Background and Establishment Tony Wise and Ernie St. Germaine's visionary aspirations are the origins of The ABF. The historic, great Birkebeiner race in Norway also inspired Wise and St. Germaine to bring the spirit of this revered event to the United States. 1973, this dream became a reality with the first American Birkebeiner race in Hayward, Wisconsin. It started as a low-key event but paved the way for an event that would become a legend. Mission and Core Objectives The Mission of the American Birkebeiner Foundation, at its heart, is a multi-faceted undertaking with but one purpose: to promote and foster development in cross-country skiing while building community life. The ABF strives to achieve this mission through several key objectives:  Promotion of Nordic Skiing: The foundation actively welcomes people to cross-country skiing, and its events and programs have been developed with all levels of participants in mind--from beginners to elite athletes.  Cultural Preservation: The preservation of the Nordic ski heritage and traditions is at its heart, in memory of the historical significance of the Birkebeiner race and with a nod toward its cultural ties. pg. 4

 Health and Wellness: The foundation's skiing activities and educational programs promote health through an active lifestyle.  Significance in Operations  The significance of the American Birkebeiner Foundation resonates deeply within the operations it undertakes:  The American Birkebeiner Race: The annual American Birkebeiner ski race is the cornerstone of ABF's operations. Over time, it has grown into the largest cross-country ski marathon in North America. Thousands of participants from around the world participate in it, and it reflects a spirit of endurance, craftsmanship, and camaraderie.  Cultural Events and Educational Programs: Apart from within the race, ABF holds various cultural activities, including workshop programs and education. These initiatives aim to teach and encourage those involved, inculcating a greater understanding of the sport's past achievements.  Youth Development Initiatives: ABF has programs for youth, scholarships, and events designed to introduce young people to Nordic skiing.  Community Outreach: Theater Group is at the forefront. Despite ABF's broad reach, it works with local communities, schools, and organizations to bring winter athletics opportunities far outside the classic geographic boundaries of its members in New York City. Organizational and Budgetary Overview: The American Birkebeiner Ski Establishment is a part of the association. Participations are yearly for people, families, and organizations. It is going by a 13-part Directorate and has six full-time, some part-time, and occasional staff individuals. The Leader Chief, the Overseer of pg. 5

Race Tasks, and an Office Administrator comprise its highly durable staff. The reason for the Birkebeiner is to be placed on a top-notch global cross-country ski rivalry, To be great overseers of America's Birkie Trail, And to achieve better well-being and wellness among individuals whose ages range from birth through their brilliant years. Further, the American Birkebeiner Ski Establishment is likewise a 501(c)(3) non-benefit association that plans to satisfy not exclusively its Statement of purpose (to have one of the most mind-blowing cross-country ski contests in the world and keep one of America's best sporting path frameworks), yet to advance dynamic ways of life among individuals at all stages through their lives. Even with the 51K and 56k Birkie long-distance race races and the current year's astonishing Korteloppet race (the second most giant ski in North America), there is more at American Birkebeiner. - (2023) American Birkebeiner In setting up its budget summaries, the ABSF has taken on bookkeeping standards by and significantly acknowledged in the US of America (US GAAP) and reports on a gathering premise. A few things are kept up with on a money premise, which is significantly a similar methodology as gathering bookkeeping. ABSF's financial year runs from July 1 to June 30. (2023) American Birkebeiner Establishment The budget reports incorporate some earlier years summed up near monetary data, yet not by net resource class. Such data about US GAAP needs to be grittier. Thus, the data related to ABSF's budget summaries for the year finished June 30, 2021, should be perused. All monetary things are unaudited. Sources of income for the American Birkebeiner Foundation (ABF) Donations and Grants pg. 6

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Charitable donations and grants are one of the largest sources of revenue for the American Birkebeiner Foundation. Our ability to fulfill this mission is primarily based on the generosity of individuals, businesses, and philanthropic organizations who share an interest in Nordic skiing and living a healthy, active lifestyle. Strong skiers, sponsors, and supporters support ABF's operations, activities, and youth development. Grants like this from government agencies, sports associations, and foundations are essential to ABF's financial security. Many of these grants are project-specific. Some support skiing programs for youth, while others fund the construction of lifts and cable cars or contribute to cultural preservation activities. By doing this, ABF adds another feather to its cap within the world's northern sports community. Sponsorships The other primary source of revenue for ABF is sponsorship deals—the foundation partners with corporations, outdoor sports brands, equipment manufacturers, and local businesses to get sponsorships. The partnerships can take many forms--from cash to in-kind support or promotion. American Birkebeiner corporate sponsors, in turn, receive prominence and identification with the race. Race logistics, cash prizes for winning contestants on the race day, or advertising and exclusive product placement at ABF events can all be provided by companies as financial support. Meanwhile, they have a captive audience of skiers inside venues and media coverage outside. Event Registration Fees Fees collected from event registration, in particular, ABF's registrants for the American Birkebeiner ski race and other such events all year round, are an essential source of revenue. pg. 7

During Birkie week, people of every age bracket and skill level sign up to participate in the marathon race, shorter races, and activities. Registration fees are applied to race logistics, participant services, course maintenance, timing systems, and event operations. Fees collected go directly into event proceedings, making the whole thing a truly memorable experience for participants. Merchandise Sales Selling official apparel for the event and souvenirs, hats, badge holders, and so on also adds to its revenue. Heck with it--even skiing equipment can be sold if necessary. King, online, at events, and with retail outlet partners in an image that participants want to see. However, selling merchandise lets ABF bring in revenue. It allows participants and fans to keep track of their involvement with the American Birkebeiner race while helping raise Money through its activities. Other Revenue Streams Additional revenue streams for ABF may include: 1. Corporate relationships other than sponsorships, including advertising agreements and licensing arrangements. 2. Membership programs or subscription-based services that provide unique benefits to patrons. 3. Charitable events such as fundraising feasts, auctions, or charity dinners to raise funds for specific projects and causes. 4. Investment income derived from sound administration of endowments or reserve funds. Financial status of the American Birkebeiner Foundation (2023) pg. 8

The American Birkebeiner Foundation shows stable earnings and only a minor disruption during the COVID-19 pandemic (IRS 990). The American Birkebeiner Foundation is reporting record pg. 9

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revenue figures for their highest earning year of 2019 . pg. 10

Figure 1. Contributions and Program Service Revenue 1 2 3 4 5 6 7 8 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Contributions Vs Program Service Contributions Program Services pg. 11

Figure 2. Revenue Expense Net Income & Net Asset 2015 - 2022 2015 2016 2017 2018 2019 2020 2021 2022 $0.00 $1,000,000.00 $2,000,000.00 $3,000,000.00 $4,000,000.00 $5,000,000.00 $6,000,000.00 Revenue Expense Net Income Net Asset 2015 - 2021 Revenue Expenses Net Income Net Asset Assets and Liabilities The American Birkebeiner Ski Foundation's assets have steadily climbed (2016 – 2021). Its Liquidity ratio, which gives an idea of how quickly a company can turn its assets into cash, has averaged at just under three, anything over one being considered good. The average Debt-asset ratio is .383; hence, the Birkebeiner's should have this between. 2 and Assets & Liabilities 2016 - 2021 (see Figure 1) pg. 12

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Over the years, they have established additional seasonal races to use their trails through all four seasons. The current races are: Skiing – 17 Run – 2 Bike – 4 These expansions add to event revenue (and naturally entail costs) and permit existing facilities to be used throughout the year. pg. 13

Figure 3. Asset Turnover Assets turnover ratios reported from 2015 to 2021. (a) 2016 (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 $0.00 $1,000,000.00 $2,000,000.00 $3,000,000.00 $4,000,000.00 $5,000,000.00 $6,000,000.00 $7,000,000.00 $8,000,000.00 $9,000,000.00 Asset Turnover Revenue Total Assets Asset Turnover Ratio pg. 14

2015 2016 2017 2018 2019 2020 2021 2022 $0.00 $1,000,000.00 $2,000,000.00 $3,000,000.00 $4,000,000.00 $5,000,000.00 $6,000,000.00 Net Income vs Net Asset Net Income Net Asset 4. Program Services and Contribution There is a significant transition in revenue generated from program services and contributions. pg. 15

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In 2016, program services accounted for 76 % of revenue, and contributions brought in the rest. By contrast, today, more than half the concert hall's revenues come from private donations, while only slightly over a third comes from providing programs. Particular attention should also be given to sources of revenue and what flattening these means, if anything. Figure 5. Revenue Expense Revenue Expenses 2015 2016 2017 2018 2019 2020 2021 2022 pg. 16

KEY FEATURES Expansion from the original Birkebeiner event to multiple events and monetizing program hosting for organizations. Wages/ Executive Earnings Average 33% of total expenses (Low Executive Salaries) Reinvestment through education – Pay it forward • Ensuring a pool of users through education Reinvestment through acquisition – Mt Telmark Resort Assessment: It seems the American Birkebeiner Foundation is fiscally responsible and financially solvent. From 2015 to the present, Scalable has shown a consistent track record. When the effects of Covid 19 are taken into consideration. We can expect a drop in revenue, net income (or expense expense), and net assets. On the upside, though, during the pandemic, there was limited programming and limitations on volunteer resources due to them being closed. But the upside is that people love going out in nature, and all "social distancing" facilities are used (with income naturally not on anything like 2019's scale) (-53%- percent loss of net income). It seems back in better form than ever. The 2022 reporting net revenue is up by 40 % on pg. 17

the previous highest year, seven years earlier. The risk is your purchase of MtTelmark resort in early Island. There were jubilations that they had outbid you. What happened? When other nonprofits held their breath and dipped into rainy day funds, the American Birkebeiner Foundation literally bought the Mt Telmark resort and grounds with both feet. The property did sell a portion of the resort grounds to another Conservancy Nonprofit, which offset their total purchase amount by $678,000. A principal objective of the American Birkebeiner Foundation is raising donations for an estimated 10.2 million dollar Mt. Telmark resort project. Even better, however, is the potential once the project has been completed. Northern Wisconsin's Source is not only for top tourism revenue entrants like the American Birkebeiner race but also through all seasons to Run and pg. 18

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Bike. pg. 19

They have become more professional in their annual reporting and division of duties as executive director, treasurer, and marketer. Categories in reporting no longer line up the way they used to. When reporting such information, we must also consider whether it is by the GAAP reporting method and whether audited documents are available for public review. pg. 20

Fund Utilization and Allocation at the American Birkebeiner Foundation Funding The allocation of funds to achieve ABF's stated goal is that we promote Nordic skiing and provide community program support while getting involved in event operations and engaging the public on an ongoing basis. ABF divides up its funds among different programs and projects. It also provides information on the patterns of how these are spent. Allocation Across Programs and Initiatives Nordic Skiing Events: ABF spends much of its funds organizing Nordic skiing events, especially the American Birkebeiner race. These funds are for race logistics, course maintenance and safety procedures, participants' services, and event promotion. Furthermore, resources are devoted to other skiing events and clinics held annually where participants can participate or observe. Youth Development Programs: ABF invests funds into youth development programs to introduce and develop young people's interest in cross-country skiing. These programs include scholarships, youth races, training camps, and cooperation with schools or organizations to share the opportunity for skiing among children and teenagers. Cultural Preservation and Education: Funds are allocated to protect the cultural heritage of Nordic skiing. This entails hosting cultural activities, workshops, and educational programs that explore the history, technology, and impact of fencing. ABF supports projects that respect the historical origins of the Birkebeiner race, and it enables an appreciation for Nordic skiing traditions. Analysis of Expenditure Patterns pg. 21

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Administrative Expenses : Administrative costs cover all the day-to-day running of ABF--the salaries and benefits paid to staff, rent for offices, utilities, electricity bills, insurance premiums (including fire precautions), accounting fees, legal services charges, etc. Though necessarily so for the foundation's operations, ABF strives to hold down administrative costs as much as possible to make more resources available. Program-Related Expenses : Most of ABF's spending goes into program-related expenses. They include costs for organizing events and youth programs, supporting cultural initiatives, and maintaining the infrastructure for skiing events. Activities include race logistics, equipment rental, venue rents, participant services, and educational activities. Fundraising Costs: The ABF pays fundraising costs for donations, sponsorships, and grants. These expenses include marketing campaigns, fundraising events, outreach to donors, and administrative costs related to fundraising activities. The foundation endeavors to make the fundraising process cost- effective so that many funds raised go directly toward its programs. Focus on Efficiency and Impact Prudent financial management is the key for ABF to achieve its core objectives fully. The foundation has frequent appraisals and budgetary adjustments. However, priorities change while financial stability is maintained. ABF tries to walk the fine line between administrative efficiency and program effectiveness. It constantly strives to keep overhead costs low while preserving as much of its pg. 22

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resources for promoting Nordic skiing, youth development activities, cultural preservation projects, or community involvement as possible. Budgeting and financial planning at the American Birkebeiner Foundation. Overview of ABF's Budgeting Process The American Birkebeiner Foundation (ABF) is meticulous and methodical with its budgets, directing the organization's financial resources to pursue that mission. The process involves several key steps: Goal Setting and Objective Alignment: ABF's budgeting process starts with specifying clear organizational goals and objectives. Organizing an event, youth development programs, cultural projects, and involvement by the community are a few examples. Budget matching these goals ensures the prudent use of financial resources. Revenue Projection: ABF carefully accesses possible sources of revenue (donations, sponsorships, and event registrations). Comprehensive revenue projections are based on historical data, market trends, and fundraising strategies. Expense Estimation and Allocation: The foundation lists estimated expenditures by program and administration in painstaking detail. Estimated costs include event logistics, youth programs, cultural initiatives, administrative overheads, fundraising efforts, and other operational expenditures. Programs with the most significant impact on core programs receive funding. Budget Development and Approval: pg. 23

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ABF combines revenue estimates with expense figures to work out a total budget. The budget is also subjected to a strict review procedure. The key stakeholders, the board of directors, financial experts, and relevant committees give their approval. Once completed, the budget is presented to the board for approval to ensure it conforms with organizational objectives. Monitoring and Adaptation: The budget is an essential yearly operation guide. ABF closely monitors finance indicators and compares them all with budget standards. If conditions change, the program can adapt intuitively or figure out where Money needs to be allocated to reach goals. Evaluation of Budgetary Achievement in Terms of Organizational Goals ABF's budgeting process is instrumental in steering the foundation toward achieving its objectives: Goal Alignment: ABF's mission and strategic objectives determine how funds are distributed in the budgeting process. These goals are supported by Money allocated to the budget for events, youth activities, cultural works, and community organizations. Financial Accountability: The budget is an instrument of fiscal responsibility and accountability. By doing so, ABF can tell if its work is up to standard. In that case, it will do what's expected regarding responsible financial management and stay within budgetary guidelines. Resource Optimization: The budgeting process ensures that resources are appropriately allocated. High-impact areas are funded. In this way, ABF can use its budget most effectively for programs and projects. Budgetary Constraints and Challenges pg. 24

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Despite ABF's robust budgeting process, several challenges and constraints may influence financial planning: Revenue Volatility: Donative funding, sponsorships, and event registration fees mean that ABF depends on revenue vicissitudes. Economic conditions, market dynamics, or unexpected factors may further hamper fund-raising activities. Cost Management: Balancing the allocation of funds between programs and keeping administrative costs at reasonable levels makes for a difficult task. ABF constantly checks cost- efficiency measures to spend less without impairing the quality of programs. External Factors: Unforeseen financial problems may arise from changes to regulations, economic slumps, or unexpected events (like natural disasters), but if things turn sour in the blink of an eye, you've got to be just as fleet on your feet. Governance and Compliance at the American Birkebeiner Foundation Overview of ABF's Governance Structure The American Birkebeiner Foundation (ABF) has established a robust governance structure under which oversight, decision-making, and accountability are ensured. The foundation's governance framework typically includes: Board of Directors: Managing ABF, the Board of Directors, consisting of a large number of distinguished individuals whose expertise and experience cover a wide range, is responsible for setting the strategic direction as well as approving policies governing the conduct of our business. Board members are nominated according to their interest and involvement in the organization's mission and on a case-by-case basis for skills they can offer when discussing issues such as finance, sports management, fundraising, or how we engage with our community. pg. 25

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Executive Leadership: ABF is set up with an executive team headed by a President or Executive Director to oversee daily operations and implement board directives. It also provides leadership for staff members and volunteers on the ground. Its leadership allows the foundation to implement its mission by strategy. Committees and Advisory Groups: Committees or advisory boards may be formed by the foundation in all these areas, from finance, fundraising, and event planning to governance matters to youth training. The board and executive leadership receive specially tailored guidance and advice. Policies and Procedures: ABF formulates and implements governance policies on ethical standards, financial supervision procedures, conflict of interest policy, and decision-making processes. These frameworks ensure compliance, transparency, and accountability in the organization. Legal and Regulatory Compliance: ABF mainly ensures it complies with legal and regulatory stipulations. It also includes adherence to federal, state, and local regulations governing non- profits, taxation about charitable contributions, and reporting fundraising activities (charity registration). Non-profit Compliance: ABF is governed by the statutes for non-profit organizations, following laws on governance and tax exemption as well as those governing charitable contributions or duties of original intent. Financial Reporting: In financial reporting, the foundation adopts Generally Accepted Accounting Principles (GAAP). It produces precise, comprehensive financial reports. The balance sheet and income statement are apparent, while disclosures provide shareholders with solid figures to evaluate the company's operation by staying within the basic rules of fairness. pg. 26

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Tax Compliance: ABF conforms to federal and state tax laws for non-profit organizations. It does tax reporting, such as Annual Returns with Form 990 and eligibility for exemption. Charitable Solicitation Laws: ABF complies with the state laws governing charitable solicitations, proper registration, and reporting for fundraising activities conducted in different states of jurisdiction. Transparency of financial reporting and disclosure. Financial reporting and disclosure are critical priorities for ABF's dealings with stakeholders, donors, and the public. Transparency is achieved through: Public Reporting: The foundation offers detailed financial reports, from annual to audited, and the IRS Form 990. These reports cover the organization's financial status, programmatic activities, governance structure, and use of funds. Stakeholder Communication: Through newsletters, press releases, website updates, and public events, ABF communicates regularly with stakeholders. Donors are informing the volunteers and lobbying all citizen spheres to raise support for its art activities and west. The communication clarifies how the foundation is doing, its achievements and difficulties, and where its financial situation stands. Donor Transparency: ABF ensures transparency in donor relations by letting donors know what their contributions are used for. This creates a feeling of trust between donors, who receive reports on the impact of their gifts. ABF's Five Main Financial Problems Revenue Volatility: ABF encounters the problem of irregular revenue. In particular, donations and sponsorships account for a large proportion; event registrations also form an pg. 27

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essential portion. Fluctuations in economic conditions or unexpected events cause the uncertainty of revenues. Cost Management: Striking a balance between program spending and operational costs is one of the most common problems. Highly efficient expenses must not be at the cost of events, youth program quality, or cultural initiatives. Resource Allocation: It's difficult to spread limited resources over many programs and initiatives. Special allocation Committees are responsible not only for providing funds to maintain core programs, youth development, and event organization; they also must bear in mind budgetary considerations. Revenue or Cost Reduction Opportunities Diversification of Revenue Streams: For instance, ABF can explore new sources of revenue besides donations and sponsorships. Or they could experiment with selling merchandise, setting up a subscription-based service, or introducing an exclusive membership program--anything to give them something new and better than their present sporadic drip of revenue. Enhanced Sponsorship and Partnership Opportunities: Seeking more excellent financial backing by building closer ties to existing sponsors and establishing new strategic relationships. ABF would give sponsors all-new partnership modes, unprecedented exposure and special rights at events, and a similarly wide range of benefits throughout the year. Efficiency in Cost Management : But not at the expense of quality. Reducing costs without compromising program effectiveness can be achieved by analyzing operating efficiency, renegotiating contracts, and improving procurement procedures. Strategies to reduce financial risks and improve the sustainability of finances pg. 28

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Financial Reserves and Contingency Planning: Financial reserves can also be a safety net in an economic downturn or crisis. ABF may create reserve funds to grasp revenue variations' business opportunities and risks. Diversification of Fundraising Efforts: One doesn't have to rely on a single campaign by raising Money in various ways throughout the year. This means launching targeted campaigns, organizing cozy fundraising activities, and updating donors yearly so people can give more regularly. Strategic Budgeting and Prioritization: This should be coupled with continuing strategic budgeting and initiative selection consistent with the organization's charter. Because ABF must annually review and adjust its budget to reallocate scarce resources, maximum effectiveness is assured in core projects and community participation. Enhanced Donor Engagement and Stewardship: One way to accomplish this is to foster stronger relationships with donors through personal engagement, impact reports, and appreciative gestures for good work. This ultimately can help maintain continued support or even gradually raise the amount of giving over time. Conclusion: The Birkebeiner achieves steady progress in reporting and transparency. Their overall financial condition is sound. An organization to watch out for. Much that is exciting lies ahead, and opportunities abound. Advanced organizational activities and missions may require the consideration of additional professional staff. Nonprofit organizations generally lean in structure and tend to underestimate the need for more staffing or volunteers. The volunteer pool may be big, but I suggest adding more reporting and marketing personnel to maintain the next step. pg. 29

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References Chen, Weikert, Williams (2015) Budget Tools: Financial Methods in the Public Sector: CQ Press pg. 30

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Weikert, Chen (2022) Budgeting and Financial Management for Nonprofit Organizations: Using Money to Drive Mission Success. Waveland Press Coe (2007) Government and Nonprofit Financial Management: Management Concepts American Birkebeiner Foundation (2023) https://www.birkie.com IRS Nonprofit Organization Search (2023) https://www.irs.gov/charities-non-profits/tax-exempt- organization-search ProPublica (2023) https://projects.propublica.org/nonprofits/organizations/391503175 Charity Navigator (2023) American Birkebeiner Ski Foundation - https://www.charitynavigator.org/ein/391503175 pg. 31

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American Birkebeiner (1).edited

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