Presque Isle Snowmobile Club Inc

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Presque Isle Snowmobile Club Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Presque Isle Snowmobile Club Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Presque Isle Snowmobile Club Inc in one place.

Is Presque Isle Snowmobile Club Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

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Presque Isle Snowmobile Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Presque Isle Snowmobile Club Inc

Presque Isle Snowmobile Club Inc (EIN: 222930440) is a nonprofit organization based in Presque Isle, ME, classified under NTEE code N68Z. The organization reported total revenue of $61K and total assets of $272K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Presque Isle Snowmobile Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Presque Isle Snowmobile Club Inc is a micro nonprofit that has been operating for 35 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 6.5%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2022, Presque Isle Snowmobile Club Inc reported a surplus of $2K with revenue exceeding expenses, holds 55.6 months of operating reserves (strong position).

Financial Trends

Over 11 years of filings (2012–2022), Presque Isle Snowmobile Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.

IRS Tax-Exempt Classification

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 Presque Isle 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: 5%
• programs: 90%
• fundraising: 5%

According to IRS 990 filings, Presque Isle Snowmobile Club Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $2K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is consistently reported as $0, indicating a volunteer-led organization with no paid leadership.

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 Presque Isle Snowmobile Club Inc:

• Strong financial stability with no reported liabilities.
• Consistent revenue and asset base over several years.
• Volunteer-driven model with no executive compensation, maximizing funds for mission-related activities.

Frequently Asked Questions about Presque Isle Snowmobile Club Inc

Filing History

IRS 990 filing history for Presque Isle Snowmobile Club Inc showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2012–2022), Presque Isle Snowmobile Club Inc's revenue has grown by 88.5%, moving from $32K to $61K. Total assets decreased by 6.5% over the same period, from $290K to $272K. Total functional expenses fell by 30%, from $84K to $59K. In its most recent filing year (2022), Presque Isle Snowmobile Club Inc reported a surplus of $2K, with revenue exceeding expenses.

Year-by-Year Financial Summary

• 2022: Revenue of $61K, expenses of $59K, and assets of $272K (revenue +5.8% year-over-year).
• 2021: Revenue of $58K, expenses of $52K, and assets of $269K (revenue -4.1% year-over-year).
• 2020: Revenue of $60K, expenses of $74K, and assets of $264K (revenue +2.5% year-over-year).
• 2019: Revenue of $59K, expenses of $80K, and assets of $277K (revenue -6.5% year-over-year).
• 2018: Revenue of $63K, expenses of $60K, and assets of $298K (revenue +16.3% year-over-year).
• 2017: Revenue of $54K, expenses of $66K, and assets of $296K (revenue +14.1% year-over-year).
• 2016: Revenue of $47K, expenses of $73K, and assets of $308K (revenue -67.5% year-over-year).
• 2015: Revenue of $146K, expenses of $92K, and assets of $334K (revenue +20.4% year-over-year).
• 2014: Revenue of $121K, expenses of $178K, and assets of $347K (revenue +49.3% year-over-year).
• 2013: Revenue of $81K, expenses of $61K, and assets of $310K (revenue +150.4% year-over-year).
• 2012: Revenue of $32K, expenses of $84K, and assets of $290K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Presque Isle Snowmobile Club Inc:

Data Sources and Methodology

This transparency report for Presque Isle 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.