MILLE LACS DRIFT SKIPPERS SNOWMOBILE CLU CLUB INC (EIN 416175303) - 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

1974

Legal Domicile

Principal Officer

DARYL HONNOLD

Phone

3206768112

Tax Period

2024-01-01 to 2024-12-31

MILLE LACS DRIFT SKIPPERS SNOWMOBILE CLU CLUB INC, founded in 1974, is a small nonprofit that reported $342K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $738K represent 26 months of operating reserves.

Mission

TO CREATE AND MAINTAIN A RECREATIONAL TRAIL SYSTEM.

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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 $129,195

Program Service Revenue $8,800

Investment Income $-924

Other Revenue $204,764

TOTAL REVENUE $341,835

Expense Breakdown

Grants Paid $22,107

Salaries & Benefits $73,913

Fundraising Expenses $87,620

Program Expenses $258,483

Other Expenses $275,333

TOTAL EXPENSES $371,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$341,835	$308,690	+0.1%
Expenses	$371,353	$375,212	0.0%
Net Income	$-29,518	$-66,522	-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

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

$34,721

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROB DUBBS	PRESIDENT	1.00	Officer Director	$0	$0	$0
CLAIRE MINOR	SECRETARY	5.00	Officer Director	$0	$0	$0
TERRY MCQUOID	VICE PRESIDENT	1.00	Director	$0	$0	$0
TAMMY JOHNSTON	TREASURER	1.00	Director	$280	$0	$280
MELISSA RINGLER	CEO	1.50	Director	$0	$0	$0
DARYL HONNOLD	GAMBLING MANAGER	20.00	Director	$31,588	$0	$31,588
CHRISTOPHER CURRIE	SNOWMOBILE COORDINATOR	1.00	Director	$2,853	$0	$2,853

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	$341,835	$371,353	$884,392	$-29,518
2023	$308,690	$375,212	$1,047,244	$-66,522
2022	$340,321	$294,302	$833,547	$46,019
2021	$340,644	$286,395	$787,528	$54,249
2020	$370,421	$223,671	$782,007	$146,750
2019	$198,576	$222,549	$635,424	$-23,973
2018	$268,453	$257,506	$658,557	$10,947

MILLE LACS DRIFT SKIPPERS SNOWMOBILE CLU CLUB INC