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
🔒

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

Sign In — Free (10 views/day)

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 a proposed conversion of approximately 3.7 miles of abandoned railroad in Townsend and Groton Massachusetts into a recreational trail based on the successful model of the Wachusett Greenways. The stone dust trail will provide a safe alternative to bike-unfriendly Route 119 and an enjoyable route for human-powered travel between important natural, historic, and cultural landmarks. The SRRT 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.

Program Service Accomplishments

Program 1
Expenses: $7,393 Revenue: $121,200

Construction of the fourth of four phases of the Squannacook River Rail Trail was completed in spring 2023, with a total of 3.7 miles open. The rail trail has already become a beloved part of the...

Read more

Construction of the fourth of four phases of the Squannacook River Rail Trail was completed in spring 2023, with a total of 3.7 miles open. The rail trail has already become a beloved part of the area. A large opening ceremony was held June 1, 2024, attended by hundreds of people and our state representatives. The trail continues to be deeply beloved by the community. In 2025, in addition to maintaining the existing trail, we also started planning for extensions to both ends of the trail. We won a grant and signed contracts with engineering firms.

🔒

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%)

Sign In — Free (10 views/day)

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
🔒

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

Sign In

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
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SQUANNACOOK GREENWAYS with other nonprofits in Massachusetts and across the country.