WELLS CREEK RIDERS SNOWMOBILE CLUB

EIN: 010820741

LAKE CITY, MN

Total Revenue
$31,580
Total Expenses
$19,085
Total Assets
$173,283
Net Assets
$173,283
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MN
Principal Officer
RICHARD SCHAFER
Phone
6513805655
Tax Period
2023-01-01 to 2023-12-31

WELLS CREEK RIDERS SNOWMOBILE CLUB, founded in 1975, is a micro nonprofit that reported $32K in total revenue in fiscal year 2023. The organization ran a surplus of $12K, a strong 40% operating margin.

Mission

PUBLIC SNOWMOBILE TRAIL MAINTENANCE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,895
Program Service Revenue $0
Investment Income $0
Other Revenue $14,685
TOTAL REVENUE $31,580

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $18,801
Other Expenses $19,085
TOTAL EXPENSES $19,085

Year-over-Year Comparison

2023 2022 Change
Revenue $31,580 $29,259 +0.1%
Expenses $19,085 $15,196 +0.3%
Net Income $12,495 $14,063 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
36
Independent Members
N/A
Employees
1
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE HANSON PRESIDENT 005.00
Officer
$0 $0 $0
RICHARD SCHAFER TREASURER 005.00
Officer
$0 $0 $0
CHRIS LABONTE SECRETARY 005.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $31,580 $19,085 $173,283 $12,495
2022 $29,259 $15,196 $163,122 $14,063
2021 $39,466 $18,283 $152,696 $21,183
2020 $21,935 $24,001 $131,513 $-2,066
2019 $15,856 $15,241 $132,644 $615
2018 $32,495 $34,722 $78,325 $-2,227
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