PRINCETON, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MYSTIC RIDERS SNOWMOBILE CLUB INC, founded in 1971, is a small nonprofit in the Unknown sector that reported $245K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Net assets of $509K represent 25 months of operating reserves.
MAINTAIN OVER 150 MILES OF PUBLIC USE SNOWMOBILE TRAILS IN CENTRAL MN. TRAILS GO THRU PUBLIC AND PRIVATE LAND.
ORGAINIZE AND MAINTAIN OVER 150 MILES OF LOCAL SNOWMOBILE TRAILS IN CENTRAL MN FOR PUBLIC USE. THE TRAILS ARE PART OF A MN TRAIL SYSTEM OF APPROX. 22,000 MILES. SOME FUNDING IS PROVIDED THRU THE...
ORGAINIZE AND MAINTAIN OVER 150 MILES OF LOCAL SNOWMOBILE TRAILS IN CENTRAL MN FOR PUBLIC USE. THE TRAILS ARE PART OF A MN TRAIL SYSTEM OF APPROX. 22,000 MILES. SOME FUNDING IS PROVIDED THRU THE STATE OF MN DNR GRANT PROGRAM. OTHER FUNDING COMES FROM SPECIAL EVENTS, DONATIONS, AND CHARITABLE GAMBLING. MEMBERS OF THE ORGANIZATION VOLUNTEER HUNDREDS OF HOURS WORKING ON THE TRAIL SYSTEM.
MN STATE LAW REQUIRES ALL OPERATORS OF SNOWMOBILES - BORN AFTER 12/31/76 - TO HAVE A SNOWMOBILE SAFETY CERTIFICATE/ENDORSEMENT. THE ORGANIZATION RUNS SAFETY TRAINING CLASSES FOR YOUTH - GENERALLY...
MN STATE LAW REQUIRES ALL OPERATORS OF SNOWMOBILES - BORN AFTER 12/31/76 - TO HAVE A SNOWMOBILE SAFETY CERTIFICATE/ENDORSEMENT. THE ORGANIZATION RUNS SAFETY TRAINING CLASSES FOR YOUTH - GENERALLY 12-16 YRS OLD. MATERIALS ARE PROVIDED THROUGH THE MN DNR AND MEMBERS OF THE ORGANIZATION ARE CERTIFIED INSTRUCTORS TO CONDUCT THE CLASSES ALONG WITH OTHER MEMBERS THAT VOLUNTEER.
ORGANIZATION CONDUCTS CHARITABLE GAMBLING ACTIVITIES TO HELP PAY FOR THE COSTS OF MAINTAINING TRAILS. THE ORGANIZATION ALSO MAKES DONATIONS AS REQUIRED BY THE STATE OF MN - TO MAINLY YOUTH...
ORGANIZATION CONDUCTS CHARITABLE GAMBLING ACTIVITIES TO HELP PAY FOR THE COSTS OF MAINTAINING TRAILS. THE ORGANIZATION ALSO MAKES DONATIONS AS REQUIRED BY THE STATE OF MN - TO MAINLY YOUTH ORGANIZATIONS; SCHOLARSHIPS; AND TO MEMORIALS/BENEFITS TO LOCAL NEEDY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $244,744 | $289,568 | -0.2% |
| Expenses | $265,627 | $237,160 | +0.1% |
| Net Income | $-20,883 | $52,408 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVE HORAZUK | TRAIL ADMIN | N/A |
Director
|
$0 | $0 | $0 |
| RON HAMANN | VICE PRESIDE | N/A |
Officer
|
$0 | $0 | $0 |
| TIM HORAZUK | CEO/PRESIDEN | N/A |
Officer
|
$0 | $0 | $0 |
| JULIE OLSON | SECRETARY | N/A |
Officer
|
$0 | $0 | $0 |
| CRAIG RICE | TREASURER | N/A |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $244,744 | $265,627 | $566,108 | $-20,883 |
| 2022 | $289,568 | $237,160 | $557,577 | $52,408 |
| 2021 | $178,647 | $200,220 | $515,444 | $-21,573 |
| 2020 | $150,313 | $169,337 | $499,277 | $-19,024 |
| 2019 | $149,276 | $228,424 | $553,923 | $-79,148 |
| 2018 | $155,159 | $220,417 | $653,126 | $-65,258 |
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