Civic Intelligence

Top of Michigan Trails Council

EIN 38-3263521 • 501(c)3 • Petoskey, MI

Profile

We advocate and facilitate the development of a network of multipurpose recreational trails in Northern Lower Michigan. Currently there are 300 miles of trail in our inventory of which 145 are classified as "improved."

1687 M-119Petoskey, MI 49770

www.trailscouncil.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.00x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.01x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$90,084

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 25.9% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

26th percentile

-6.5%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-13%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$803,774

Down $55,545 (-6.5%) from 2023

Liabilities

Up

$3,401

Up $195 (+6.1%) from 2023

Net Assets

Down

$800,373

Down $55,740 (-6.5%) from 2023

Revenue

Down

$347,614

Down $49,685 (-13%) from 2023

Expenses

Down

$406,145

Down $17,756 (-4.2%) from 2023

Net Income

Down

-$58,531

Down $31,929 (-120%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $49,970Liabilities 2010: $963Net Assets 2010: $49,0072010Assets 2011: $155,334Liabilities 2011: $948Net Assets 2011: $154,3862011Assets 2012: $171,267Liabilities 2012: $650Net Assets 2012: $170,6172012Assets 2013: $144,286Liabilities 2013: $743Net Assets 2013: $143,5432013Assets 2014: $156,821Liabilities 2014: $835Net Assets 2014: $155,9862014Assets 2015: $531,976Liabilities 2015: $831Net Assets 2015: $531,1452015Assets 2016: $525,225Liabilities 2016: $2,433Net Assets 2016: $522,7922016Assets 2017: $627,429Liabilities 2017: $2,217Net Assets 2017: $625,2122017Assets 2018: $672,716Liabilities 2018: $1,855Net Assets 2018: $670,8612018Assets 2019: $645,930Liabilities 2019: $4,249Net Assets 2019: $641,6812019Assets 2020: $670,985Liabilities 2020: $26,994Net Assets 2020: $643,9912020Assets 2021: $838,587Liabilities 2021: $26,403Net Assets 2021: $812,1842021Assets 2022: $892,062Liabilities 2022: $7,841Net Assets 2022: $884,2212022Assets 2023: $859,319Liabilities 2023: $3,206Net Assets 2023: $856,1132023Assets 2024: $803,774Liabilities 2024: $3,401Net Assets 2024: $800,3732024

Highlighted filing

2024

Assets$803,774
Liabilities$3,401
Net Assets$800,373

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $134,067Expenses 2010: $124,680Net Income 2010: $9,3872010Expenses 2011: $265,3842011Revenue 2012: $269,614Expenses 2012: $253,383Net Income 2012: $16,2312012Revenue 2013: $232,083Expenses 2013: $259,157Net Income 2013: -$27,0742013Revenue 2014: $201,616Expenses 2014: $189,173Net Income 2014: $12,4432014Revenue 2015: $551,584Expenses 2015: $176,425Net Income 2015: $375,1592015Revenue 2016: $224,393Expenses 2016: $232,746Net Income 2016: -$8,3532016Revenue 2017: $348,430Expenses 2017: $246,010Net Income 2017: $102,4202017Revenue 2018: $285,478Expenses 2018: $239,829Net Income 2018: $45,6492018Revenue 2019: $282,975Expenses 2019: $312,155Net Income 2019: -$29,1802019Revenue 2020: $326,911Expenses 2020: $324,601Net Income 2020: $2,3102020Revenue 2021: $510,130Expenses 2021: $341,937Net Income 2021: $168,1932021Revenue 2022: $422,054Expenses 2022: $522,947Net Income 2022: -$100,8932022Revenue 2023: $397,299Expenses 2023: $423,901Net Income 2023: -$26,6022023Revenue 2024: $347,614Expenses 2024: $406,145Net Income 2024: -$58,5312024

Highlighted filing

2024

Revenue$347,614
Expenses$406,145
Net Income-$58,531

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.04$0.03$8.00$3.48$4.06$0.59
2023Detailed filing. Detailed filing data is available for this year.$8.59$0.03$8.56$3.97$4.24$0.27
2022Detailed filing. Detailed filing data is available for this year.$8.92$0.08$8.84$4.22$5.23$1.01
2021Detailed filing. Detailed filing data is available for this year.$8.39$0.26$8.12$5.10$3.42$1.68
2020Detailed filing. Detailed filing data is available for this year.$6.71$0.27$6.44$3.27$3.25$0.02
2019Detailed filing. Detailed filing data is available for this year.$6.46$0.04$6.42$2.83$3.12$0.29
2018Detailed filing. Detailed filing data is available for this year.$6.73$0.02$6.71$2.85$2.40$0.46
2017Detailed filing. Detailed filing data is available for this year.$6.27$0.02$6.25$3.48$2.46$1.02
2016Detailed filing. Detailed filing data is available for this year.$5.25$0.02$5.23$2.24$2.33$0.08
2015Detailed filing. Detailed filing data is available for this year.$5.32$0.01$5.31$5.52$1.76$3.75
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.01$1.56$2.02$1.89$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.44$0.01$1.44$2.32$2.59$0.27
2012Summary only. Only limited summary data is available for this year.$1.71$0.01$1.71$2.70$2.53$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.01$1.54$2.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.01$0.49$1.34$1.25$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 27, 2025
Return Version
2024v5.2
Gross Receipts
$347,614
Mission and Program Overview

Mission

We advocate and facilitate the development of a network of multipurpose recreational trails in northern lower michigan. Currently there are 325 miles of trail in our inventory and most are classified as "improved."

We advocate and facilitate the development of a network of multipurpose recreational trails in northern lower michigan. Currently there are 325 miles of trail in our inventory and most are classified as "improved." provided technical assistance to local trail committees for the burt lake trail, central lake to bellaire trail, little traverse wheelway, boyne city to charlevoix trail, and the high country pathway. Continued collaboration with tart trails of traverse city on the nakwema trailway (formerly known as traverse city to charlevoix trail).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$474,322$481,025▲ $6,703
Savings and Temporary Cash Investments$194,550$205,383▲ $10,833
Cash and Non-Interest-Bearing Accounts$190,447$117,365▼ $73,082
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$859,319$803,774▼ $55,545
Other Assets Total-$1-
Liabilities
Other Liabilities$3,206$3,401▲ $195
Total Liabilities$3,206$3,401▲ $195
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$638,985$567,506▼ $71,479
Net Assets With Donor Restrictions$217,128$232,867▲ $15,739
Total Net Assets Fund Balance$856,113$800,373▼ $55,740
Total Liabilities and Net Assets / Fund Balance$859,319$803,774▼ $55,545

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$217,469$60,700$278,169
Leasehold Improvements$187,522$62,549$250,071
Land$50,000-$50,000
Other Land Buildings$10,521$37,164$47,685
Equipment$15,513$15,073$30,586
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brent BolinExecutive DirectorFT$90,084$90,084
Becca NelsonAssistant DirectorFT$56,650$56,650

Board Members and Trustees

NameTitle
James ConboyPresident
Tom LingPresident
Kate ScollinVice President
John ScholtenDirector
Liam DreyerDirector
Lindsey ClarkDirector
Margie RehDirector
Max PuttersDirector
Michael SheeanDirector
Ric LoydDirector
Slava MykhaylsDirector
Brian SlaterSecretary
Mona O'NeilTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$296,471
Program Service Revenue
$1,081
Investment Income
$10,833
Other Revenue
$39,229
All Other Contributions
$295,072
Change in Net Assets
$-58,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,152
Salaries, Compensation, and Employee Benefits$199,993
Total Fundraising Expense$119,969
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$62,176$33,851$50,707$146,734
Comp Disqual Persons$18,085$8,243$12,400$38,728
Depreciation Depletion$29,808$2,385-$32,193
All Other Expenses$15,099$3,917$1,980$20,996
Payroll Taxes$6,278$3,354$4,899$14,531
Other Expenses$84,187-$11,521$11,521
Fees for Services Accounting-$8,700-$8,700
Information Technology$3,084$2,056-$5,140
Insurance$2,232$1,488-$3,720
Office Expenses$925$308-$1,233
Total Functional Expenses$221,874$64,302$119,969$406,145
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,229
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Race Fundraisers$39,229$39,229-$39,229
Total Events$39,229$39,229-$39,229
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$3,401
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive director and the president or treasurer of the board review the return before signing. If there are any issues with the return, it will be brought to the attention of the full board of directors and the issues will be resolved before the return is filed.

Form 990, Part VI, Section B, Line 12C

Directors and employees complete a required conflict of interest disclosure at the beginning of their tenure and annually thereafter.

Form 990, Part VI, Section B, Line 15A

The organization has an annual review process in december that includes a written performance appraisal which is created by the president and other members of the executive committee. The appraisal is tied to annual goals established for the board and executive director. The board then decides if a change in compensation is appropriate based on both the appraisal and budget. We do not collect comparability data.

Form 990, Part VI, Section C, Line 18

Physical copies are always available in our office or upon request.Electronic copies are always available upon request.Key documents are made available electronically on our website.

Form 990, Part VI, Section C, Line 19

Physical copies are always available in our office or upon request.Electronic copies are always available upon request.Key documents are made available electronically on our website.

Filing and Contact Details

Filer

Filer Name
Top of Michigan Trails Council
EIN
38-3263521
Phone
2313488280
Address
1687 M-119, Petoskey, MI 49770

Signing Officer

Name
Brent Bolin
Title
Executive Director
Signed
2025-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Bolin
Formed
1995
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
14
Employees
4
Volunteers
50

Preparer

Firm
Cornerstone CPA Solutions LLC
Address
706 Karamol Court, Petoskey, MI 49770
Preparer
Gregory Bennett
Phone
2317153880
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