Mt Cardigan Snowmobile Club

Mt Cardigan Snowmobile Club shows consistent asset growth and zero liabilities with no officer compensation.

EIN: 20467029 · Canaan, NH · NTEE: N99 · Updated: 2026-03-28

$37KRevenue

$97KAssets

95/100Mission Score (Excellent)

N99

About Mt Cardigan Snowmobile Club

Mt Cardigan Snowmobile Club (EIN: 20467029) is a nonprofit organization based in Canaan, NH, classified under NTEE code N99. The organization reported total revenue of $37K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Cardigan Snowmobile Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Mt Cardigan Snowmobile Club demonstrates consistent financial health, operating with positive net income in most recent years. For example, in 2023, the organization reported revenue of $28,812 against expenses of $22,109, contributing to an increase in assets. The club's assets have shown a healthy growth trend, increasing from $34,846 in 2021 to $72,229 in 2023, indicating sound financial management and accumulation of resources. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk.

Spending efficiency appears high, as the organization consistently reports 0% officer compensation, suggesting that all operational funds are directed towards program activities and administrative needs without executive salary overhead. Given the nature of a snowmobile club, it's highly probable that the majority of expenses are directly related to trail maintenance, grooming, and club events, which are program-related. The absence of liabilities further reinforces efficient cash flow management.

Transparency is excellent, as evidenced by the consistent filing of IRS Form 990s over many years and the clear reporting of financial data. The organization's financial statements show no red flags regarding executive compensation or debt, making it a transparent and accountable entity. The consistent growth in assets and lack of liabilities reflect a well-managed and financially sound operation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mt Cardigan Snowmobile Club with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Mt Cardigan Snowmobile Club allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly efficient for a nonprofit of this size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Mt Cardigan Snowmobile Club:

Consistent asset growth, increasing from $34,846 in 2021 to $72,229 in 2023.
Zero liabilities reported across all available filings, indicating strong financial stability.
0% officer compensation, demonstrating highly efficient use of funds.
Positive net income in most recent years (e.g., $6,703 in 2023 and $30,680 in 2022).
Excellent transparency with consistent IRS 990 filings.

Frequently Asked Questions about Mt Cardigan Snowmobile Club

Is Mt Cardigan Snowmobile Club a good charity?

Yes, based on the financial data, Mt Cardigan Snowmobile Club appears to be a very good charity. It consistently operates with no officer compensation, maintains zero liabilities, and has shown consistent asset growth, indicating strong financial health and efficient use of funds.

How has the organization's financial health changed over time?

The organization's financial health has generally improved, with assets growing from $34,846 in 2021 to $72,229 in 2023. While revenue and expenses fluctuate year-to-year, the overall trend shows responsible management and accumulation of resources.

What is the organization's approach to executive compensation?

The Mt Cardigan Snowmobile Club has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This means all leadership roles are likely volunteer-based, maximizing funds for the club's mission.

Filing History

IRS 990 filing history for Mt Cardigan Snowmobile Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mt Cardigan Snowmobile Club's revenue has declined by 0.2%, moving from $29K to $29K. Total assets decreased by 27.2% over the same period, from $99K to $72K. Total functional expenses fell by 39.8%, from $37K to $22K. In its most recent filing year (2023), Mt Cardigan Snowmobile Club reported a surplus of $7K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$29K	$22K	$72K	$0	—	—
2022	$53K	$22K	$66K	$0	—	View 990
2021	$32K	$42K	$35K	$0	—	—
2020	$19K	$21K	$44K	$0	—	View 990
2019	$27K	$26K	$47K	$0	—	View 990
2018	$24K	$27K	$45K	$0	—	View 990
2017	$20K	$22K	$49K	$0	—	View 990
2016	$8K	$25K	$51K	$0	—	View 990
2015	$51K	$41K	$67K	$0	—	View 990
2014	$27K	$40K	$57K	$0	—	View 990
2013	$22K	$38K	$70K	$0	—	View 990
2012	$16K	$29K	$86K	$0	—	View 990
2011	$29K	$37K	$99K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $29K, expenses of $22K, and assets of $72K (revenue -45.3% year-over-year).
2022: Revenue of $53K, expenses of $22K, and assets of $66K (revenue +63.3% year-over-year).
2021: Revenue of $32K, expenses of $42K, and assets of $35K (revenue +72.7% year-over-year).
2020: Revenue of $19K, expenses of $21K, and assets of $44K (revenue -31.5% year-over-year).
2019: Revenue of $27K, expenses of $26K, and assets of $47K (revenue +13.2% year-over-year).
2018: Revenue of $24K, expenses of $27K, and assets of $45K (revenue +21.4% year-over-year).
2017: Revenue of $20K, expenses of $22K, and assets of $49K (revenue +142.1% year-over-year).
2016: Revenue of $8K, expenses of $25K, and assets of $51K (revenue -84.0% year-over-year).
2015: Revenue of $51K, expenses of $41K, and assets of $67K (revenue +86.3% year-over-year).
2014: Revenue of $27K, expenses of $40K, and assets of $57K (revenue +24.6% year-over-year).
2013: Revenue of $22K, expenses of $38K, and assets of $70K (revenue +36.2% year-over-year).
2012: Revenue of $16K, expenses of $29K, and assets of $86K (revenue -44.0% year-over-year).
2011: Revenue of $29K, expenses of $37K, and assets of $99K.

Data Sources and Methodology

This transparency report for Mt Cardigan Snowmobile Club 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.