TAHQUAMENON AREA SNOWMOBILE ASSOCIATION INC (EIN 382795512) - 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

1987

Legal Domicile

Principal Officer

CHAD SCHUBACH

Phone

9062933063

Tax Period

2024-04-01 to 2025-03-31

TAHQUAMENON AREA SNOWMOBILE ASSOCIATION INC, founded in 1987, is a small nonprofit that reported $420K in total revenue in fiscal year 2024. The organization ran a surplus of $208K, a strong 49% operating margin.

Mission

MAINTAIN PUBLIC SNOWMOBILE TRAILS THROUGH GROOMING & TRAIL MAINTENANCE PER STATE OF MICHIGAN CONTRACT AGREEMENT

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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 $187,583

Program Service Revenue $0

Investment Income $24

Other Revenue $232,371

TOTAL REVENUE $419,978

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,385

Fundraising Expenses $0

Program Expenses $205,616

Other Expenses $177,911

TOTAL EXPENSES $212,296

Year-over-Year Comparison

	2024	2023	Change
Revenue	$419,978	$412,035	+0.0%
Expenses	$212,296	$351,183	-0.4%
Net Income	$207,682	$60,852	+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

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

$1,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD SCHUBACH	PRESIDENT	4.00	Officer	$0	$0	$0
LARRY JOHNSON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
BETSY COSTA	TREASURER	8.00	Officer	$1,000	$0	$1,000
MISTY SHUBACH	SECRETARY	2.00	Officer	$0	$0	$0
ROB DOUGHTY	DIRECTOR	1.00	Director	$0	$0	$0
ED JENKS	DIRECTOR	1.00	Director	$0	$0	$0
STEVE LINKS	DIRECTOR	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
2025	$419,978	$212,296	$329,804	$207,682
2024	$412,035	$351,183	$121,410	$60,852
2023	$208,106	$198,065	$46,739	$10,041
2022	$418,142	$419,916	$38,288	$-1,774
2020	$464,151	$442,960	$67,264	$21,191

TAHQUAMENON AREA SNOWMOBILE ASSOCIATION INC