Grand Marais Sno Trails Association
EIN: 571174458 · Grand Marais, MI · NTEE: N32
| Metric | Value |
|---|---|
| Total Revenue | $314K |
| Total Expenses | $135K |
| Net Assets | $95K |
Is Grand Marais Sno Trails Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grand Marais Sno Trails Association
Grand Marais Sno Trails Association (EIN: 571174458) is a nonprofit organization based in Grand Marais, MI, classified under NTEE code N32. The organization reported total revenue of $314K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Marais Sno Trails Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Marais Sno Trails Association is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $135K |
| Surplus / Deficit | $-4,226 |
| Total Assets | $95K |
| Net Assets | $95K |
| Operating Margin | -3.2% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2024, Grand Marais Sno Trails Association reported a deficit of $4K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Grand Marais Sno Trails Association's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -73.5% | -68.7% | -4.3% |
| 2023 | +107.7% | +79.9% | +171.1% |
| 2022 | +43.6% | +25.5% | -6.1% |
| 2021 | -26.2% | -22.8% | -39.2% |
| 2020 | -33.5% | -32.0% | -26.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Marais Sno Trails Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grand Marais Sno Trails Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Grand Marais Sno Trails Association
Is Grand Marais Sno Trails Association a legitimate charity?
Grand Marais Sno Trails Association (EIN: 571174458) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $314K. No red flags identified. Financial health grade: B.
How does Grand Marais Sno Trails Association spend its money?
Grand Marais Sno Trails Association reported $314K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grand Marais Sno Trails Association tax-deductible?
Grand Marais Sno Trails Association is registered as a tax-exempt nonprofit (EIN: 571174458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Marais Sno Trails Association located?
Grand Marais Sno Trails Association is headquartered in Grand Marais, Michigan and files with the IRS under EIN 571174458. It is classified under NTEE code N32.
How many years of IRS 990 filings does Grand Marais Sno Trails Association have?
Grand Marais Sno Trails Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $314K in total revenue.
Filing History
IRS 990 filing history for Grand Marais Sno Trails Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Grand Marais Sno Trails Association's revenue has declined by 61.7%, moving from $341K to $131K. Total assets decreased by 22.7% over the same period, from $123K to $95K. Total functional expenses fell by 56.9%, from $313K to $135K. In its most recent filing year (2024), Grand Marais Sno Trails Association reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $131K | $135K | $95K | $0 | — | — |
| 2023 | $493K | $431K | $99K | $0 | — | — |
| 2022 | $237K | $239K | $37K | $81 | — | View 990 |
| 2021 | $165K | $191K | $39K | $466 | — | View 990 |
| 2020 | $224K | $247K | $64K | $176 | — | View 990 |
| 2019 | $337K | $363K | $87K | $313 | — | View 990 |
| 2018 | $252K | $274K | $114K | $312 | — | View 990 |
| 2017 | $325K | $271K | $143K | $8K | — | View 990 |
| 2016 | $84K | $142K | $84K | $3K | — | View 990 |
| 2015 | $351K | $277K | $142K | $3K | — | View 990 |
| 2014 | $232K | $256K | $68K | $3K | — | View 990 |
| 2013 | $221K | $251K | $93K | $4K | — | View 990 |
| 2012 | $341K | $313K | $123K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $131K, expenses of $135K, and assets of $95K (revenue -73.5% year-over-year).
- 2023: Revenue of $493K, expenses of $431K, and assets of $99K (revenue +107.7% year-over-year).
- 2022: Revenue of $237K, expenses of $239K, and assets of $37K (revenue +43.6% year-over-year).
- 2021: Revenue of $165K, expenses of $191K, and assets of $39K (revenue -26.2% year-over-year).
- 2020: Revenue of $224K, expenses of $247K, and assets of $64K (revenue -33.5% year-over-year).
- 2019: Revenue of $337K, expenses of $363K, and assets of $87K (revenue +33.3% year-over-year).
- 2018: Revenue of $252K, expenses of $274K, and assets of $114K (revenue -22.3% year-over-year).
- 2017: Revenue of $325K, expenses of $271K, and assets of $143K (revenue +285.8% year-over-year).
- 2016: Revenue of $84K, expenses of $142K, and assets of $84K (revenue -76.0% year-over-year).
- 2015: Revenue of $351K, expenses of $277K, and assets of $142K (revenue +51.5% year-over-year).
- 2014: Revenue of $232K, expenses of $256K, and assets of $68K (revenue +5.0% year-over-year).
- 2013: Revenue of $221K, expenses of $251K, and assets of $93K (revenue -35.4% year-over-year).
- 2012: Revenue of $341K, expenses of $313K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Marais Sno Trails Association:
Data Sources and Methodology
This transparency report for Grand Marais Sno Trails Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.