Bessemer, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Gogebic Range Trail Authority Inc, founded in 2007, is a small nonprofit in the Recreation & Sports sector that reported $189K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $220K exceeded revenue, resulting in a 17% operating deficit.
The Gogebic Range Trail Authority, Inc. is dedicated to the development, maintenance, and safe operation of public recreational trails. Our mission is to provide high-quality motorized and non-motorized trail systems for the community and visitors, ensuring environmental stewardship and promoting local tourism through safe and accessible trail infrastructure
In the 2024 fiscal year, the Gogebic Range Trail Authority successfully maintained and improved over 100 miles of public trails. Key accomplishments included: Infrastructure Projects: Completed major...
In the 2024 fiscal year, the Gogebic Range Trail Authority successfully maintained and improved over 100 miles of public trails. Key accomplishments included: Infrastructure Projects: Completed major trail reconstruction and repairs, including significant gravel work on Trail 2 and professional engineering for trail re-routes (Coleman Engineering). Trail Safety & Maintenance: Performed intensive grooming and brush clearing using a fleet of specialized machinery, including the acquisition and deployment of a new Polaris Ranger and maintenance of Tucker grooming equipment. Community Engagement: Hosted annual member banquets and safety awareness events to promote responsible trail use and support local outdoor recreation tourism. Environmental Stewardship: Executed bridge repairs and erosion control measures (Trail-Bridge 18 and Trail Repairs 11-15) to ensure trail sustainability and protection of local waterways."
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $188,661 | $131,608 | +0.4% |
| Expenses | $220,410 | $155,881 | +0.4% |
| Net Income | $-31,749 | $-24,273 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Susan Kangas | Treasurer | 5.00 |
Director
|
$0 | $0 | $0 |
| Karen Gullan | Vice President | 2.00 |
Director
|
$0 | $0 | $0 |
| Kami Haffenbredl | Secretary | 0.00 |
Officer
Director
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$0 | $0 | $0 |
| Brian Haffenbredl | Trustee | 0.00 |
Officer
Director
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$0 | $0 | $0 |
| Shawn Swiontek | Trustee | 0.00 |
Director
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$0 | $0 | $0 |
| Carter Kravik | Trustee | 0.00 |
Director
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$0 | $0 | $0 |
| Jean Rogers | Treasurer | 0.00 |
Director
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$0 | $0 | $0 |
| Brian Blaskowski | Trustee | 0.00 |
Director
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$0 | $0 | $0 |
| Jerry Nezworski | President | 5.00 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $188,661 | $220,410 | $291,356 | $-31,749 |
| 2020 | $165,796 | $198,726 | $494,593 | $-32,930 |
| 2019 | $171,686 | $203,570 | $548,335 | $-31,884 |
Compare Gogebic Range Trail Authority Inc with other nonprofits in Michigan and across the country.