Mt Major Snowmobile Club Inc
Mt Major Snowmobile Club Inc reported a significant revenue surplus and healthy assets in its last filing.
EIN: 20475591 · Alton Bay, NH · NTEE: N32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $16K |
| Program Spending | 80% |
| Net Assets | $196K |
| Transparency Score | 75/100 |
Is Mt Major Snowmobile Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mt Major Snowmobile Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mt Major Snowmobile Club Inc
Mt Major Snowmobile Club Inc (EIN: 20475591) is a nonprofit organization based in Alton Bay, NH, classified under NTEE code N32. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Major Snowmobile Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mt Major Snowmobile Club Inc is a micro nonprofit that has been operating for 16 years.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $16K |
| Surplus / Deficit | +$47K |
| Total Assets | $263K |
| Total Liabilities | $67K |
| Net Assets | $196K |
| Operating Margin | 74.5% |
| Debt-to-Asset Ratio | 25.5% |
| Months of Reserves | 194.7 months |
Financial Health Grade: A
In 2015, Mt Major Snowmobile Club Inc reported a surplus of $47K with revenue exceeding expenses, holds 194.7 months of operating reserves (strong position), has a debt-to-asset ratio of 25.5% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mt Major Snowmobile Club Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Mt Major Snowmobile Club Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.5%.
Executive Compensation Analysis
No officer compensation was reported in the 201506 filing, suggesting the organization is run by volunteers, which is common for small clubs and indicates efficient use of funds for its 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.
Red Flags
The following concerns were identified during AI analysis of Mt Major Snowmobile Club Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data
- No recent financial filings available (last filing from 2015)
Strengths
The following positive indicators were identified for Mt Major Snowmobile Club Inc:
- Healthy financial position with assets significantly exceeding liabilities ($262,678 assets vs. $66,976 liabilities)
- No officer compensation reported, indicating volunteer-led operations
- Significant revenue surplus in the last reported period ($63,504 revenue vs. $16,191 expenses)
Frequently Asked Questions about Mt Major Snowmobile Club Inc
Is Mt Major Snowmobile Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mt Major Snowmobile Club Inc (EIN: 20475591) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Mt Major Snowmobile Club Inc spend its money?
Mt Major Snowmobile Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mt Major Snowmobile Club Inc tax-deductible?
Mt Major Snowmobile Club Inc is registered as a tax-exempt nonprofit (EIN: 20475591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mt Major Snowmobile Club Inc's spending goes to programs?
Mt Major Snowmobile Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mt Major Snowmobile Club Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mt Major Snowmobile Club Inc is above average for NTEE category N32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mt Major Snowmobile Club Inc located?
Mt Major Snowmobile Club Inc is headquartered in Alton Bay, New Hampshire and files with the IRS under EIN 20475591. It is classified under NTEE code N32.
Is Mt Major Snowmobile Club Inc a good charity?
Based on the available data, the club appears to be financially healthy with no reported officer compensation, suggesting efficient operations. However, without detailed program spending information, a full assessment of its charitable impact is limited.
What is the primary source of Mt Major Snowmobile Club Inc's revenue?
The provided data only shows total revenue of $63,504 for the 201506 period, without specifying the sources (e.g., membership dues, donations, events).
Filing History
IRS 990 filing history for Mt Major Snowmobile Club Inc showing financial trends over 1 year of public records:
In its most recent filing year (2015), Mt Major Snowmobile Club Inc reported a surplus of $47K, with revenue exceeding expenses. The organization holds $67K in liabilities against $263K in assets (debt-to-asset ratio: 25.5%), resulting in net assets of $196K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $64K | $16K | $263K | $67K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mt Major Snowmobile Club Inc:
Data Sources and Methodology
This transparency report for Mt Major Snowmobile Club Inc 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.