SQUANNACOOK GREENWAYS

EIN: 453244076 501(c)(3) Recreation & Sports

Townsend, MA

Total Revenue
$121,202
Total Expenses
$7,432
Total Assets
$154,302
Net Assets
$154,302
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MA
Principal Officer
Peter Cunningham
Phone
9785975413
Tax Period
2025-01-01 to 2025-12-31

SQUANNACOOK GREENWAYS, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $121K in total revenue in fiscal year 2025. Revenue surged 243% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 94% operating margin.

Mission

Squannacook Greenways' goal is to build, maintain, and promote the Squannacook River Rail Trail (SRRT) as a source of recreation and safe non-motorized transportation. The Squannacook River Rail Trail is presently under construction, with 2.4 miles of the planned 3.7 miles presently completed, and the last phase under construction. The stone dust trail provides a safe alternative to bike-unfriendly Route 119 and an enjoyable route for human-powered travel between important natural, historic, and cultural landmarks. The open sections have been proven to be extremely popular. The SRRT also has potential to become a long-distance trail extending to the Nashua River Rail Trail in Ayer, Massachusetts and to the Mason-Greenville Railroad Trail in New Hampshire. This rail trail would be used by the public without fees, as specified in Article II of our articles of incorporation.

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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 (2025)

Revenue Breakdown

Contributions & Grants $121,200
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $121,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,393
Other Expenses $7,432
TOTAL EXPENSES $7,432

Year-over-Year Comparison

2025 2024 Change
Revenue $121,202 $35,331 +2.4%
Expenses $7,432 $24,355 -0.7%
Net Income $113,770 $10,976 +9.4%
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

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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
10
Independent Members
10
Employees
N/A
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
3
$0
Total Directors
6
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Cram Director 5
Director
$0 $0 $0
Frank Murphy Director 5
Director
$0 $0 $0
Daniel Hager Director 5
Director
$0 $0 $0
Tim Palmer Director 5
Director
$0 $0 $0
Dale Gates Director 5
Director
$0 $0 $0
Joan Wotkowicz Director 5
Director
$0 $0 $0
Linda Mack Vice-President 5
Officer
$0 $0 $0
William Rideout Treasurer 5
Officer
$0 $0 $0
Emma Grazier Clerk 5
Officer
$0 $0 $0
Peter Cunningham President 5
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
2025 $121,202 $7,432 $154,302 $113,770
2024 No data No data No data No data
2023 $285,629 $345,106 $277,056 $-59,477
2023 $315,629 $375,106 $277,056 $-59,477
2022 $308,203 $282,371 $214,033 $25,832
2021 $74,173 $144,381 $63,201 $-70,208
2020 $125,690 $132,109 $133,409 $-6,419
2019 $43,339 $20,896 $139,828 $22,443
2018 $5,981 $6,666 $117,385 $-685
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