Tahquamenon Area Snowmobile Association Inc
EIN: 382795512 · Newberry, MI
| Metric | Value |
|---|---|
| Total Revenue | $439K |
| Total Expenses | $351K |
| Net Assets | $103K |
Is Tahquamenon Area Snowmobile Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tahquamenon Area Snowmobile Association Inc
Tahquamenon Area Snowmobile Association Inc (EIN: 382795512) is a nonprofit organization based in Newberry, MI. The organization reported total revenue of $439K and total assets of $330K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tahquamenon Area Snowmobile Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tahquamenon Area Snowmobile Association Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $412K |
| Total Expenses | $351K |
| Surplus / Deficit | +$61K |
| Total Assets | $121K |
| Total Liabilities | $18K |
| Net Assets | $103K |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2024, Tahquamenon Area Snowmobile Association Inc reported a surplus of $61K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Tahquamenon Area Snowmobile Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +98.0% | +77.3% | +159.8% |
| 2023 | -50.2% | -52.8% | +22.1% |
| 2022 | +223.0% | +165.6% | +0.2% |
| 2021 | -72.1% | -64.3% | -43.2% |
| 2020 | +360.1% | +199.3% | +47.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tahquamenon Area Snowmobile Association Inc 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 Tahquamenon Area Snowmobile Association Inc 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 surplus of $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.9%.
Frequently Asked Questions about Tahquamenon Area Snowmobile Association Inc
Is Tahquamenon Area Snowmobile Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tahquamenon Area Snowmobile Association Inc (EIN: 382795512) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tahquamenon Area Snowmobile Association Inc spend its money?
Detailed spending breakdown data is not yet available for Tahquamenon Area Snowmobile Association Inc. Check back for updated IRS 990 analysis.
Are donations to Tahquamenon Area Snowmobile Association Inc tax-deductible?
Tahquamenon Area Snowmobile Association Inc is registered as a tax-exempt nonprofit (EIN: 382795512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tahquamenon Area Snowmobile Association Inc located?
Tahquamenon Area Snowmobile Association Inc is headquartered in Newberry, Michigan and files with the IRS under EIN 382795512.
How many years of IRS 990 filings does Tahquamenon Area Snowmobile Association Inc have?
Tahquamenon Area Snowmobile Association Inc 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 $439K in total revenue.
Filing History
IRS 990 filing history for Tahquamenon Area Snowmobile Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Tahquamenon Area Snowmobile Association Inc's revenue has grown by 49.7%, moving from $275K to $412K. Total assets decreased by 45.9% over the same period, from $225K to $121K. Total functional expenses rose by 53.8%, from $228K to $351K. In its most recent filing year (2024), Tahquamenon Area Snowmobile Association Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $18K in liabilities against $121K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $412K | $351K | $121K | $18K | — | — |
| 2023 | $208K | $198K | $47K | $4K | — | View 990 |
| 2022 | $418K | $420K | $38K | $6K | — | View 990 |
| 2021 | $129K | $158K | $38K | $67K | — | — |
| 2020 | $464K | $443K | $67K | $3K | — | View 990 |
| 2019 | $101K | $148K | $46K | $3K | — | View 990 |
| 2018 | $136K | $147K | $92K | $3K | — | View 990 |
| 2017 | $108K | $163K | $103K | $3K | — | View 990 |
| 2016 | $359K | $314K | $158K | $3K | — | View 990 |
| 2015 | $148K | $148K | $112K | $1K | — | View 990 |
| 2014 | $155K | $196K | $114K | $3K | — | View 990 |
| 2013 | $128K | $200K | $155K | $3K | — | View 990 |
| 2012 | $275K | $228K | $225K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $412K, expenses of $351K, and assets of $121K (revenue +98.0% year-over-year).
- 2023: Revenue of $208K, expenses of $198K, and assets of $47K (revenue -50.2% year-over-year).
- 2022: Revenue of $418K, expenses of $420K, and assets of $38K (revenue +223.0% year-over-year).
- 2021: Revenue of $129K, expenses of $158K, and assets of $38K (revenue -72.1% year-over-year).
- 2020: Revenue of $464K, expenses of $443K, and assets of $67K (revenue +360.1% year-over-year).
- 2019: Revenue of $101K, expenses of $148K, and assets of $46K (revenue -26.1% year-over-year).
- 2018: Revenue of $136K, expenses of $147K, and assets of $92K (revenue +26.4% year-over-year).
- 2017: Revenue of $108K, expenses of $163K, and assets of $103K (revenue -69.9% year-over-year).
- 2016: Revenue of $359K, expenses of $314K, and assets of $158K (revenue +143.0% year-over-year).
- 2015: Revenue of $148K, expenses of $148K, and assets of $112K (revenue -4.7% year-over-year).
- 2014: Revenue of $155K, expenses of $196K, and assets of $114K (revenue +21.0% year-over-year).
- 2013: Revenue of $128K, expenses of $200K, and assets of $155K (revenue -53.5% year-over-year).
- 2012: Revenue of $275K, expenses of $228K, and assets of $225K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tahquamenon Area Snowmobile Association Inc:
Data Sources and Methodology
This transparency report for Tahquamenon Area Snowmobile Association 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.