RIVER RUNNERS INC (EIN 263942992) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

DAN NEID

Phone

3209801412

Tax Period

2024-01-01 to 2024-12-31

RIVER RUNNERS INC, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $174K in total revenue in fiscal year 2024. Revenue surged 245% from the prior year, signaling strong growth momentum. The organization ran a surplus of $139K, a strong 80% operating margin.

Mission

TO MAINTAIN 22 MILES OF TRAILS IN CENTRAL MINNESOTA GROOMED FOR SNOWMOBILING RECREATION. THE ORGANIZATION HAS RECORDED MORE THAN 1,000 PEOPLE USING THE TRAIL BASED ON TRAFFIC COUNTS ON JUST A SINGLE DAY EVENT ON THE FIRST SATURDAY OF FEBRUARY. TRAIL IS USED DAILY BY MANY PEOPLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $84,764

Program Service Revenue $0

Investment Income $5,100

Other Revenue $84,001

TOTAL REVENUE $173,865

Expense Breakdown

Grants Paid $750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,046

Other Expenses $34,296

TOTAL EXPENSES $35,046

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,865	$50,434	+2.4%
Expenses	$35,046	$10,078	+2.5%
Net Income	$138,819	$40,356	+2.4%

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

Employees

N/A

Volunteers

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
DAN NEID	PRESIDENT	10.00	Officer	$0	$0	$0
PAUL RADKE	VICE PRESIDENT	10.00	Officer	$0	$0	$0
LORI WELCH	TREASURER	10.00	Officer	$0	$0	$0
LYNNE NIENABER	SECRETARY	3.00	Officer	$0	$0	$0
RODNEY WELCH	GROOMING COORDINATOR	5.00	Officer	$0	$0	$0
MATT NIENABER	TRAIL COORDINATOR	5.00	Officer	$0	$0	$0
MIKE HORNUNG	MEDIA COORDINATOR	5.00	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	$173,865	$35,046	$249,844	$138,819

RIVER RUNNERS INC