Lake of the Woods Drifters (EIN 311794171) - 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

1990

Legal Domicile

Principal Officer

Lois Slick

Phone

2184634309

Tax Period

2023-12-01 to 2024-11-30

Lake of the Woods Drifters, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $155K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 44% operating margin.

Mission

To promote snowmobiling and snowmobiling safety, and to help maintain the local snowmobile trail system.

🔒

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 $23,238

Program Service Revenue $0

Investment Income $301

Other Revenue $131,562

TOTAL REVENUE $155,101

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,162

Other Expenses $86,162

TOTAL EXPENSES $86,162

Year-over-Year Comparison

	2023	2022	Change
Revenue	$155,101	$111,650	+0.4%
Expenses	$86,162	$156,350	-0.4%
Net Income	$68,939	$-44,700	-2.5%

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

Independent Members

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
Carol Orton	President	2.00	Officer	$0	$0	$0
Mariah Mollberg	Vice President	1.00	Officer	$0	$0	$0
Cindy Olson	Treasurer	2.00	Officer	$0	$0	$0
Heather Orton	Secretary	2.00	Officer	$0	$0	$0
Randy Orton	Board Member	1.00	Director	$0	$0	$0
Mike Strohl	Board Member	1.00	Director	$0	$0	$0
Megan Slick	Board Member	1.00	Director	$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	$155,101	$86,162	$264,647	$68,939
2023	$111,650	$156,350	$225,708	$-44,700
2022	$146,106	$166,743	$312,545	$-20,637
2021	$140,284	$122,507	$372,311	$17,777
2020	$125,577	$75,995	$382,522	$49,582
2019	$87,252	$68,048	$385,616	$19,204
2018	$104,355	$26,859	$363,379	$77,496

Lake of the Woods Drifters