WASECA COUNTY TRAIL ASSOCIATION INC (EIN 264193430) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

WASECA COUNTY TRAIL ASSOCIATION INC, founded in 2018, is a micro nonprofit in the Environment sector that reported $25K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROVIDE SAFE SNOWMOBILE TRAILS FOR THE PLEASURE AND RECREATION OF WASECA COUNTY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $34,307

Program Service Revenue $0

Investment Income $0

Other Revenue $-9,019

TOTAL REVENUE $25,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,862

Fundraising Expenses $0

Program Expenses $33,312

Other Expenses $29,248

TOTAL EXPENSES $34,110

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,288	$37,296	-0.3%
Expenses	$34,110	$30,694	+0.1%
Net Income	$-8,822	$6,602	-2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

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	Role	Reportable Comp	Other Comp	Total
MIKE MCGANNON	DIRECTOR	Director	$0	$0	$0
BRAD SCHNEPF	DIRECTOR	Director	$0	$0	$0
MARTY ERDMAN	TRAIL ADMINISTRATOR	Director	$0	$0	$0
TED CONRATH	DIRECTOR	Director	$0	$0	$0
MIKE KIESLER	DIRECTOR	Director	$0	$0	$0
JAKE SOPKOWAIK	VICE PRESIDENT	Officer	$0	$0	$0
SETH LANGAGER	PRESIDENT	Officer	$0	$0	$0
TONY AKEMANN	TREASURER	Officer	$0	$0	$0
MARISSA WOLFF	SECRETARY	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	$25,288	$34,110	$50,384	$-8,822
2022	$37,296	$30,694	$65,206	$6,602
2022	$37,296	$30,694	$65,206	$6,602

WASECA COUNTY TRAIL ASSOCIATION INC