Hancock Trails Club
Nonprofit profile at a glance
- EIN
- 383439782
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Hancock, MI, USA
- Phone
- 9062811486
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Parks and Playgrounds
Reported finances
- Revenue
- $79,195
- Expenses
- $111,513
- Assets
- $245,875
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Jay Green (President)
- Mark Roberts (Vice President)
People named in this filing
- Jay Green (President)
- Mark Roberts (Vice President)
- John Diebel (Treasurer)
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
1. To promote year round trail use in the Keweenaw Peninsula of Michigan for both youth and adults engaged in sports, such as Nordic skiing, hiking, mountain biking and other compatible uses. 2. To serve as a steward of groomed trails and facilities related to trail use. 3. To receive and administer funds and to operate exclusively for religious, charitable, scientific, literary or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, or comparable provisions of subsequent legislation (the Code). 4. To acquire, own, dispose of and deal with real and personal property and interests therein and to apply gfts, grants, bequests and devises and the proceeds thereof in the furtherance of the purposes of the corporation.
What it reported doing in 2024
In 2024 the Club acquired a new Skidoo Skandic SE 900 snowmobile outfitted for snowbike trail grooming. This will improve the reliability and reduce maintenance costs for winter snow bike grooming. The club also secured title to a 2017 Skandic snowmobile from the City of Hancock through a donation.
Operating model
- Revenue model
- Donor-supported. 65% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 91% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 79.1%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -40.8%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 2.2; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 74.7% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 15.9% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 79.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $88K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.