MYSTIC RIDERS SNOWMOBILE CLUB INC (EIN 931122686) - 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

1971

Legal Domicile

Principal Officer

TIM HORAZUK

Phone

7633552245

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

MAINTAIN OVER 150 MILES OF PUBLIC USE SNOWMOBILE TRAILS IN CENTRAL MN. TRAILS GO THRU PUBLIC AND PRIVATE LAND.

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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 (2023)

Revenue Breakdown

Contributions & Grants $183,481

Program Service Revenue $49,483

Investment Income $6,790

Other Revenue $4,990

TOTAL REVENUE $244,744

Expense Breakdown

Grants Paid $137,500

Salaries & Benefits $12,217

Fundraising Expenses $0

Program Expenses $264,187

Other Expenses $115,910

TOTAL EXPENSES $265,627

Year-over-Year Comparison

	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%

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

100

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
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

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	$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

MYSTIC RIDERS SNOWMOBILE CLUB INC