N โ€” Recreation & SportsEIN: 411824326ยท Ruling Year: 2022

Ely Igloo Snowmobile Club Inc

Ely, Minnesota

AHealth Score
86A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

๐Ÿ’ฐ
$335K
Total Revenue
๐Ÿ“Š
$176K
Total Expenses
๐Ÿฆ
$349K
Net Assets
๐Ÿ“‹
$174K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+112.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+47.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.98
Net assets divided by total expenses
Liabilities-to-Assets
33.3%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$334,704โ†‘112%$176,065โ†‘17%$523,350โ†‘34%
2022$157,667โ†‘29%$150,642โ†‘94%$391,979โ†‘88%
2021$122,232โ†‘4%$77,715โ†“29%$208,663โ†‘28%
2020$117,323โ†‘11%$109,224โ†“6%$162,958โ†‘4%
2019$105,913$115,631$155,949

Frequently Asked Questions

What does Ely Igloo Snowmobile Club Inc do?โ–ผ

Ely Igloo Snowmobile Club Inc is a recreation & sports nonprofit organization based in Minnesota. It is classified under NTEE code N11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ely Igloo Snowmobile Club Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Ely Igloo Snowmobile Club Inc has a score of 86/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ely Igloo Snowmobile Club Inc generate?โ–ผ

Ely Igloo Snowmobile Club Inc reports $433K in annual revenue and holds $802K in total assets, based on IRS filings.

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Ely Igloo Snowmobile Club Inc โ€” Ely, MN | GiveScope