Net assets decreased by $6,075 in 2023 and $56,805 in 2022, indicating a concerning trend of financial decline.
Total expenses exceeded revenue in both 2023 ($121,605 expenses vs. $115,530 revenue) and 2022 ($133,742 expenses vs. $76,937 revenue), leading to operational deficits.
No information on executive compensation or key employee salaries is publicly available, hindering accountability.
The organization reported 0% lobbying and 0% political campaign activities, but the lack of detailed financial transparency makes it difficult to verify.
Strengths
The organization has been in operation for several years, indicating some level of community presence.
AI Transparency Report
Canaan Borders Riders Inc is a recreation & sports nonprofit based in Canaan, Vermont, with reported revenue of $51K and assets of $189K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation details are not disclosed in available filings, making it impossible to assess fairness or alignment with organizational performance. Revenue has declined -29% across 3 filing periods.