Silver Trail Riders
Nonprofit profile at a glance
- EIN
- 411676529
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990-EZ 2025
- Location
- Silver Bay, MN, USA
- Phone
- 2182201700
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Parks and Playgrounds
Reported finances
- Revenue
- $139,395
- Expenses
- $135,604
- Assets
- $194,356
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- TODD JASPERSON (PRESIDENT)
People named in this filing
- TODD JASPERSON (PRESIDENT)
- JAMES LARSEN (VICE PRESIDE)
- WAYNE FENSTAD (SECRETARY)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Develop and maintain snowmobile trail system
What it reported doing in 2025
The silver trail riders develop and maintain snowmobile and atv trails in lake county, Minnesota. The majority of the funding for the organization comes from state grants.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- 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
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 assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 46
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.6%; rating input score 97
- Program expense ratio: 99.3%; rating input score 99
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: 2.7%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 1.43; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 0% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 96.6% of revenue deployed · 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $135K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2011 to 2025
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 39/100.
- High — Growth: Asset growth scored 0/100.