SCommunity Improvement & Capacity BuildingEIN: 411864766· Ruling Year: 1999

Mille Lacs Trails Inc

Aitkin, Minnesota

B+Health Score
65B+

Financial Health Score

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

Good

💰
$228K
Total Revenue
📊
$227K
Total Expenses
🏦
$781K
Net Assets
📋
$204K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-49.1%
Year-over-year change (2022 → 2023)
Net Margin
+0.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.44
Net assets divided by total expenses
Liabilities-to-Assets
20.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$228,21749%$227,20850%$985,48626%
2022$448,15828%$453,08247%$782,08610%
2021$621,358284%$307,29490%$865,19684%
2020$161,8202%$161,3906%$470,966
2019$158,91026%$152,46711%$470,9891%
2018$216,14741%$136,9688%$464,09321%
2017$153,7842%$148,35222%$384,9511%
2016$151,45129%$121,69021%$379,6409%
2015$117,6724%$100,225$349,7213%
2014$112,6783%$100,57521%$362,4043%
2013$109,34510%$127,27734%$353,49710%
2012$99,65342%$94,7291%$392,6873%
2011$172,733$95,547$403,090

Frequently Asked Questions

What does Mille Lacs Trails Inc do?

Mille Lacs Trails Inc is a community improvement & capacity building nonprofit organization based in Minnesota. It is classified under NTEE code S12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mille Lacs Trails Inc financially healthy?

Based on our 9-metric Financial Health Score model, Mille Lacs Trails Inc has a score of 65/100 (Grade: B+). 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 Mille Lacs Trails Inc generate?

Mille Lacs Trails Inc reports $93K in annual revenue and holds $862K in total assets, based on IRS filings.

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