WELLS CREEK RIDERS SNOWMOBILE CLUB

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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

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

MAINTENANCE OF PUBLIC SNOWMOBILE TRAILS IN SOUTHEASTERN MINNESOTA. MAINTENANCE INCLUDES SIGNAGE, GROOMING AND GENERAL SAFETY UPKEEP. USAGE OF THE TRAILS IS OPEN TO THE GENERAL PUBLIC.

Program Service Accomplishments

Program 1

Expenses: $18,801

MAINTENANCE OF PUBLIC SNOWMOBILE TRAILS IN SOUTHEASTERN MINNESOTA. MAINTENANCE INCLUDES SIGNAGE, GROOMING AND GENERAL SAFETY UPKEEP. USAGE OF THE TRAILS IS OPEN TO THE GENERAL PUBLIC.

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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%)

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

Governance

Voting Members

Independent Members

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

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