FOREST RIDERS SNOWMOBILE CLUB

EIN: 411458064

PARK RAPIDS, MN

Total Revenue
$144,482
Total Expenses
$164,459
Total Assets
$276,360
Net Assets
$272,540
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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
1974
Legal Domicile
MN
Principal Officer
RICHARD OHM
Tax Period
2023-01-01 to 2023-12-31

FOREST RIDERS SNOWMOBILE CLUB, founded in 1974, is a small nonprofit that reported $144K in total revenue in fiscal year 2023. Expenses of $164K exceeded revenue, resulting in a 14% operating deficit.

Mission

PUBLIC TRAIL GROOMING

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $140,864
Program Service Revenue $2,200
Investment Income $1,418
Other Revenue $0
TOTAL REVENUE $144,482

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $1,600
Fundraising Expenses $48
Program Expenses $162,771
Other Expenses $160,859
TOTAL EXPENSES $164,459

Year-over-Year Comparison

2023 2022 Change
Revenue $144,482 $137,817 +0.0%
Expenses $164,459 $186,656 -0.1%
Net Income $-19,977 $-48,839 -0.6%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
20

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
4
$1,600
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOLENE RETZ TREASURER 5.00
Officer
$800 $0 $800
SHARON WEAVER SECRETARY 2.00
Officer
$400 $0 $400
RICHARD OHM PRESIDENT 2.00
Officer
$400 $0 $400
CHARLES HANISCH VICE PRESIDENT 0.50
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 $144,482 $164,459 $276,360 $-19,977
2022 $137,817 $186,656 $292,517 $-48,839
2021 $130,951 $220,443 $341,356 $-89,492
2020 $236,101 $198,075 $538,938 $38,026
2019 $245,131 $80,791 $393,175 $164,340
2018 $70,568 $65,115 $228,482 $5,453
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