THE ELY IGLOO SNOWMOBILE CLUB

🔒

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

1971

Legal Domicile

Principal Officer

DAVID MARSHALL

Tax Period

2023-01-01 to 2023-12-31

THE ELY IGLOO SNOWMOBILE CLUB, founded in 1971, is a small nonprofit in the Recreation & Sports sector that reported $335K in total revenue in fiscal year 2023. Revenue surged 112% from the prior year, signaling strong growth momentum. The organization ran a surplus of $159K, a strong 47% operating margin.

Mission

TO GROOM AND MAINTAIN 152 MILES OF PUBLIC SNOWMOBILE TRAILS IN NORTHERN MINNESOTA AND TEACH SNOWMOBILE SAFETY CLASSES.

Program Service Accomplishments

Program 1

Expenses: $175,186 Revenue: $334,704

MAINTENANCE AND INPROVEMENTS TO PUBLIC SNOWMOBILE TRAILS IN THE ELY, MN AREA.

🔒

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 $200,551

Program Service Revenue $0

Investment Income $703

Other Revenue $133,450

TOTAL REVENUE $334,704

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,547

Fundraising Expenses $0

Program Expenses $175,186

Other Expenses $138,518

TOTAL EXPENSES $176,065

Year-over-Year Comparison

	2023	2022	Change
Revenue	$334,704	$157,667	+1.1%
Expenses	$176,065	$150,642	+0.2%
Net Income	$158,639	$7,025	+21.6%

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

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
NANCY MCREADY	SECRETARY	2.00	Officer	$0	$0	$0
WARREN JOHNSON	VICE PRESIDENT	2.00	Officer	$0	$0	$0
DAVID MARSHALL	TREASURER	2.00	Officer	$0	$0	$0
EMILY SELISKAR	GAMBLING MANAGER	4.00	Key Emp	$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	$334,704	$176,065	$523,350	$158,639
2022	$157,667	$150,642	$391,979	$7,025
2021	$122,232	$77,715	$208,663	$44,517
2020	$117,323	$109,224	$162,958	$8,099