Wabash Cannonball Motorcycle Club
Nonprofit profile at a glance
- EIN
- 521327224
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Wabash, IN, USA
- Phone
- 3179544365
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $91,771
- Expenses
- $49,751
- Assets
- $113,955
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- BRANDON CLOUD (PRESIDENT)
People named in this filing
- BRANDON CLOUD (PRESIDENT)
- MATTHEW HAYSLETT (VICE PRESIDE)
- BRET MILAN (TREASURER/SE)
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
To promote and encourage the sport of motorcycle riding. Wabash cannonball motorcycle club is open to all members of the community, and donates a portion of our proceeds to local charitable organizations.
What it reported doing in 2024
The purposes for which this non-profit corporation was formed are as follows: a. To promote and encourage the sport of motorcycle riding and to carry on and maintain, rent, lease, purchase, hold, sell, and convey such personal and real property as may be necessary and proper for the carrying out of this purpose. B. To erect, equip, and maintain social club houses and other appropriate buildings for the use and enjoyment of all members of the club and guests upon and under such terms and conditions subject to such rules, regulations, and restrictions as the board of directors may from time to time determine. C. To encourage among the members closer personal acquaintance and friendly spirit of cooperation necessary to facilitate the goals of the club. D. To gather, receive, and disseminate such information as may seem helpful to the members; to interchange ideas in rendering mutual assistance to provide helpful vocational advice. E. To forward and promote the general welfare and prosperity of the members and to improve by all lawful and honorable means, their status and condition. F. To provide a facility available free charge for rider education organizations to teach new riders how to operate off-road motorcycles in a safe and responsible manner. G. To give back to wabash county and surrounding communities by donating a portion of the proceeds of our public events to worthwhile charitable organizations.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 3
- Transparency & Controls: 82
- Sustainability: 68
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.4%; rating input score 5
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 45.8%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 2.29; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 23.3% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 56.7% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 5.4% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.