Garrett County Trails Inc

Nonprofit profile at a glance

EIN
264155622
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
McHenry, MD, USA
Phone
3013873013
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Physical Fitness and Community Recreational Facilities

Official website

Reported finances

Revenue
$59,718
Expenses
$80,402
Assets
$76,352
Liabilities
$696

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Mike Dreisbach (President)
  • Mike Logsdon (Vice President)

People named in this filing

  • Mike Dreisbach (President)
  • Mike Logsdon (Vice President)
  • Scott Richardson (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Garrett Trails is a nonprofit, volunteer organization dedicated to the development of a well used network of high-quality, sustainable trails that provide access to Garrett Countys historic, municipal, and environmental treasures. Garrett Trails believes outstanding trails are important to the economic development of the County and will promote good health and well being for County residents.

What it reported doing in 2024

Supported the 2024 Garrett County Pathways and Connections Initiative with paid social media advertising and through newsletter distribution. Ads were directed to all social media users in Garrett County, increasing their awareness of the County survey circulating regarding future trail development between the town of Oakland and Herrington Manor State Park, as well as neighboring Mountain Lake Park and Loch Lynn. Garrett Trails paid for the ads with a volunteer contributing 20 hours towards design and distributionVolunteer contributions to social media campaigns highlighting general trail development and maintenance totaled thirty hours.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 11
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 11.8%; rating input score 12
  • Program expense ratio: 8.8%; rating input score 9

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -34.6%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.95; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 68.2%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -43.6% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -14.9% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -16.2% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 11.8% of revenue deployed · 8.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 7 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 12/100.
  • High — Financial Efficiency: Program expense ratio scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.