WOOD CITY RIDERS SNOWMOBILE CLUB
Mission Statement
The purpose of the Club is to promote the sport of snowmobiling; to endeavor to promote good sportsmanship among all snowmobilers; to cultivate understanding and friendly relations with the public and each other; to regard the rights and property of others; to encourage improved standards of conduct in the operation of snowmobiles; to act as an informational center regarding new laws and regulations on snowmobiling; and to provide, , develop, and maintain a robust trail network connecting key use areas, our surrounding clubs, and necessary on trail amenities in the greater Cloquet area; for all snowmobilers to enjoy
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.0% | 92.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.0% | 3.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
87.4 mo | 9.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.5% | 85.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
22.3% | 0.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-60.9% | 0.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
68.3% | 8.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $215K | $68K | $497K | 99.0% | 4 |
| 2023 | $176K | $175K | $350K | 100.0% | 6 |
| 2022 | $144K | $153K | $348K | 100.0% | 9 |
| 2021 | $175K | $134K | N/A | — | 6 |
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