The Squam Trail Busters Snowmobile Club Inc
Squam Trail Busters Snowmobile Club shows strong financial health with revenue significantly exceeding expenses.
EIN: 20408147 · Holderness, NH · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $24K |
| Program Spending | 85% |
| Net Assets | $79K |
| Transparency Score | 90/100 |
Is The Squam Trail Busters 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 →
The Squam Trail Busters Snowmobile Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Squam Trail Busters Snowmobile Club Inc
The Squam Trail Busters Snowmobile Club Inc (EIN: 20408147) is a nonprofit organization based in Holderness, NH, classified under NTEE code N50. 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 The Squam Trail Busters Snowmobile Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Squam Trail Busters Snowmobile Club Inc is a micro nonprofit that has been operating for 27 years.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $24K |
| Surplus / Deficit | +$41K |
| Total Assets | $103K |
| Total Liabilities | $25K |
| Net Assets | $79K |
| Operating Margin | 62.9% |
| Debt-to-Asset Ratio | 23.8% |
| Months of Reserves | 51.5 months |
Financial Health Grade: A
In 2021, The Squam Trail Busters Snowmobile Club Inc reported a surplus of $41K with revenue exceeding expenses, holds 51.5 months of operating reserves (strong position), has a debt-to-asset ratio of 23.8% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1999 |
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 The Squam Trail Busters Snowmobile Club Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Squam Trail Busters Snowmobile Club Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.8%.
Executive Compensation Analysis
The organization reported 0% officer compensation, indicating a volunteer-led structure. This is highly efficient for an organization of its size, ensuring all funds are directed towards its mission rather than executive salaries.
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 The Squam Trail Busters Snowmobile Club Inc's IRS 990 filings:
- Discrepancy between summary 'Latest Revenue: $0' and detailed filing data
Strengths
The following positive indicators were identified for The Squam Trail Busters Snowmobile Club Inc:
- Strong financial surplus: Revenue ($64,856) significantly exceeded expenses ($24,058) in 202112.
- Healthy asset base: Assets ($103,215) comfortably cover liabilities ($24,544).
- Volunteer-driven leadership: 0% officer compensation reported, indicating high efficiency.
- Efficient spending: A significant portion of funds appears to be directed towards program activities given the low overall expenses relative to revenue.
Frequently Asked Questions about The Squam Trail Busters Snowmobile Club Inc
Is The Squam Trail Busters Snowmobile Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Squam Trail Busters Snowmobile Club Inc (EIN: 20408147) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does The Squam Trail Busters Snowmobile Club Inc spend its money?
The Squam Trail Busters Snowmobile Club Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Squam Trail Busters Snowmobile Club Inc tax-deductible?
The Squam Trail Busters Snowmobile Club Inc is registered as a tax-exempt nonprofit (EIN: 20408147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Squam Trail Busters Snowmobile Club Inc's spending goes to programs?
The Squam Trail Busters Snowmobile Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Squam Trail Busters Snowmobile Club Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Squam Trail Busters Snowmobile Club Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Squam Trail Busters Snowmobile Club Inc located?
The Squam Trail Busters Snowmobile Club Inc is headquartered in Holderness, New Hampshire and files with the IRS under EIN 20408147. It is classified under NTEE code N50.
Is The Squam Trail Busters Snowmobile Club Inc a good charity?
Based on its 202112 filing, the club appears to be a well-managed organization. It generated a significant surplus ($64,856 revenue vs. $24,058 expenses), has a healthy asset-to-liability ratio ($103,215 assets vs. $24,544 liabilities), and reports no officer compensation, suggesting high efficiency and dedication to its mission.
How does the club manage its finances given its 'Latest Revenue: $0' and 'Assets: $0' on the summary?
The 'Latest Revenue: $0' and 'Assets: $0' likely refer to the most recent period for which data is available, which might be an incomplete or unfiled period. The most recent complete filing (202112) shows robust financial activity with $64,856 in revenue and $103,215 in assets, which should be considered for a full financial picture.
Filing History
IRS 990 filing history for The Squam Trail Busters Snowmobile Club Inc showing financial trends over 1 year of public records:
In its most recent filing year (2021), The Squam Trail Busters Snowmobile Club Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $25K in liabilities against $103K in assets (debt-to-asset ratio: 23.8%), resulting in net assets of $79K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $65K | $24K | $103K | $25K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Squam Trail Busters Snowmobile Club Inc:
Data Sources and Methodology
This transparency report for The Squam Trail Busters 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.