Ossipee Valley Snowmobile Club
Ossipee Valley Snowmobile Club frequently operates at a deficit, relying on reserves to fund operations.
EIN: 20470234 · West Ossipee, NH · NTEE: N31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29K |
| Total Expenses | $33K |
| Program Spending | 80% |
| Net Assets | $42K |
| Transparency Score | 75/100 |
Is Ossipee Valley Snowmobile Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ossipee Valley Snowmobile Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ossipee Valley Snowmobile Club
Ossipee Valley Snowmobile Club (EIN: 20470234) is a nonprofit organization based in West Ossipee, NH, classified under NTEE code N31. The organization reported total revenue of $29K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ossipee Valley Snowmobile Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ossipee Valley Snowmobile Club is a micro nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $33K |
| Surplus / Deficit | $-7,500 |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | -29.5% |
| Months of Reserves | 15.3 months |
Financial Health Grade: B
In 2024, Ossipee Valley Snowmobile Club reported a deficit of $8K with expenses exceeding revenue, holds 15.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Ossipee Valley Snowmobile Club's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.7% | -10.7% | -15.2% |
| 2023 | -51.3% | -41.2% | -10.1% |
| 2022 | +28.4% | +110.9% | +2.9% |
| 2021 | +90.0% | +19.0% | +61.4% |
| 2020 | -12.3% | -30.5% | +4.3% |
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 Ossipee Valley Snowmobile Club 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ossipee Valley Snowmobile Club allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization of its size, ensuring that all revenue can be directed towards its mission and operational costs.
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 Ossipee Valley Snowmobile Club's IRS 990 filings:
- Frequent operating deficits (7 out of 10 periods), indicating expenses often exceed revenue.
- Declining assets in the most recent periods (from $54,953 in 202206 to $41,885 in 202406), potentially due to covering deficits.
Strengths
The following positive indicators were identified for Ossipee Valley Snowmobile Club:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Zero liabilities reported in most recent filings, demonstrating strong financial solvency.
- Long filing history (13 filings), showing consistent compliance and transparency.
- Stable asset base for a small organization, despite recent declines.
Frequently Asked Questions about Ossipee Valley Snowmobile Club
Is Ossipee Valley Snowmobile Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Ossipee Valley Snowmobile Club (EIN: 20470234) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Ossipee Valley Snowmobile Club spend its money?
Ossipee Valley Snowmobile Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ossipee Valley Snowmobile Club tax-deductible?
Ossipee Valley Snowmobile Club is registered as a tax-exempt nonprofit (EIN: 20470234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ossipee Valley Snowmobile Club's spending goes to programs?
Ossipee Valley Snowmobile Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ossipee Valley Snowmobile Club compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ossipee Valley Snowmobile Club is above average for NTEE category N31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ossipee Valley Snowmobile Club located?
Ossipee Valley Snowmobile Club is headquartered in West Ossipee, New Hampshire and files with the IRS under EIN 20470234. It is classified under NTEE code N31.
How many years of IRS 990 filings does Ossipee Valley Snowmobile Club have?
Ossipee Valley Snowmobile Club 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 $29K in total revenue.
Is Ossipee Valley Snowmobile Club a good charity?
The Ossipee Valley Snowmobile Club appears to be a good community organization, particularly given its volunteer leadership (0% officer compensation) and consistent operation with minimal liabilities. While it frequently runs deficits, this is common for small clubs and suggests a focus on mission delivery over accumulating large surpluses.
How does the club manage its frequent deficits?
The club likely manages its frequent deficits by drawing upon accumulated assets from periods of higher revenue or through specific fundraising efforts not fully detailed in the summary data. For example, in 202106, revenue ($50,017) significantly exceeded expenses ($29,704), which could have built reserves.
What are the primary expenses for the club?
While not explicitly detailed in the summary data, for a snowmobile club, primary expenses would typically include trail maintenance, grooming equipment operation and repair, insurance, club facility upkeep, and event-related costs. The consistent expenses suggest ongoing operational needs.
Filing History
IRS 990 filing history for Ossipee Valley Snowmobile Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Ossipee Valley Snowmobile Club's revenue has declined by 47.2%, moving from $48K to $25K. Total assets decreased by 66.5% over the same period, from $125K to $42K. Total functional expenses fell by 55.4%, from $74K to $33K. In its most recent filing year (2024), Ossipee Valley Snowmobile Club reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $25K | $33K | $42K | $0 | — | — |
| 2023 | $31K | $37K | $49K | $0 | — | View 990 |
| 2022 | $64K | $63K | $55K | $0 | — | View 990 |
| 2021 | $50K | $30K | $53K | $0 | — | — |
| 2020 | $26K | $25K | $33K | $0 | — | View 990 |
| 2019 | $30K | $36K | $32K | $0 | — | View 990 |
| 2018 | $35K | $49K | $38K | $0 | — | View 990 |
| 2017 | $44K | $39K | $51K | $100 | — | View 990 |
| 2016 | $21K | $34K | $46K | $100 | — | View 990 |
| 2015 | $59K | $68K | $59K | $0 | — | View 990 |
| 2014 | $52K | $59K | $85K | $17K | — | View 990 |
| 2013 | $29K | $43K | $104K | $29K | — | View 990 |
| 2012 | $48K | $74K | $125K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $25K, expenses of $33K, and assets of $42K (revenue -18.7% year-over-year).
- 2023: Revenue of $31K, expenses of $37K, and assets of $49K (revenue -51.3% year-over-year).
- 2022: Revenue of $64K, expenses of $63K, and assets of $55K (revenue +28.4% year-over-year).
- 2021: Revenue of $50K, expenses of $30K, and assets of $53K (revenue +90.0% year-over-year).
- 2020: Revenue of $26K, expenses of $25K, and assets of $33K (revenue -12.3% year-over-year).
- 2019: Revenue of $30K, expenses of $36K, and assets of $32K (revenue -15.2% year-over-year).
- 2018: Revenue of $35K, expenses of $49K, and assets of $38K (revenue -19.9% year-over-year).
- 2017: Revenue of $44K, expenses of $39K, and assets of $51K (revenue +111.6% year-over-year).
- 2016: Revenue of $21K, expenses of $34K, and assets of $46K (revenue -64.7% year-over-year).
- 2015: Revenue of $59K, expenses of $68K, and assets of $59K (revenue +13.7% year-over-year).
- 2014: Revenue of $52K, expenses of $59K, and assets of $85K (revenue +79.8% year-over-year).
- 2013: Revenue of $29K, expenses of $43K, and assets of $104K (revenue -39.9% year-over-year).
- 2012: Revenue of $48K, expenses of $74K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ossipee Valley Snowmobile Club:
Data Sources and Methodology
This transparency report for Ossipee Valley 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.