906 Adventure Team

Nonprofit profile at a glance

EIN
821691265
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-N 2017
Location
Marquette, MI, USA
Phone
9067480034
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$798,536
Expenses
$802,894
Assets
$1,630,803
Liabilities
$1,010,169

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • TODD POQUETTE (PRESIDENT/CE)

Highest reported compensation

  • TODD POQUETTE (PRESIDENT/CE): $86,165 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire youth to experience outdoor adventures through mountain biking and trails, with a focus on building self-esteem and strong minds, active healthy lifestyles, and trail stewardship.

What it reported doing in 2024

Youth programs: adventure team: adventure bike club. Helping youth develop resilience, confidence, grit, and independence through cycling. The bike is a tool with which the kids explore the outdoor spaces within their communities-facing fear, overcoming obstacles, and learning how to leverage failure for self-improvement. We introduce kids to the idea that "doing hard things can be fund and rewarding." we help them develop a "growth mindset- and get them to embrace the "power of yet" - "so what if you can't do it, keep trying. Give your best effort every day." we work with kids age 5-17. The program is co-ed, featuring nearly a 50% split between boys and girls, and nearly the same ratio of men and women. All adventure teams develop a deep sense of community and connection to the other communities around the midwest - we're in this together. Youth are tomorrow's leaders, and we hope this program prepares them for that, as well as equips them and gives them the confidence to believe they can overcome anything life throws at them.

Operating model

Revenue model
Earned-program. 73% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 88
  • Accountability: 84
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.2%; rating input score 78
  • Program expense ratio: 72.9%; rating input score 73
  • Fundraising efficiency: $14.52 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 95.5%; rating input score 95; 42nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.5%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 2.03; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.62; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 10.7%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 19% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 22.1% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 33.7% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 78.2% of revenue deployed · 72.9% of spending went to programs
  • Governance: 9 of 10 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $585K in reported program spending
  • Leadership: top reported pay $86K · 10 people listed
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.