Civic Intelligence

Lost River Trails Inc

990EZ • Fiscal year 2020 • EIN 41-1921468

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 15, 2021

Organization ProfileN/A
25284 Highway 1 NEKelliher, MN 56650

(218) 239-0022

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.05x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

28th percentile

-9.8%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

22nd percentile

-11%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

79th percentile

6.1%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$87,292

Down $23,684 (-21%) from 2018

Net Assets

Down

$84,804

Down $25,393 (-23%) from 2018

Liabilities

Up

$2,488

Up $1,709 (+219%) from 2018

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin28th percentile

Revenue

Up

$53,717

Up $5,966 (+12%) from 2018

Expenses

Down

$58,982

Down $15,815 (-21%) from 2018

Net Income

Up

-$5,265

Up $21,781 (+81%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $48,066Liabilities 2010: $02010Assets 2011: $31,858Liabilities 2011: $02011Assets 2012: $221,569Liabilities 2012: $121,6122012Assets 2013: $226,821Liabilities 2013: $49,6102013Assets 2014: $197,616Liabilities 2014: $674Net Assets 2014: $196,9422014Assets 2015: $182,365Net Assets 2015: $182,3652015Assets 2016: $164,994Liabilities 2016: $658Net Assets 2016: $164,3362016Assets 2017: $137,896Liabilities 2017: $655Net Assets 2017: $137,2412017Assets 2018: $110,976Liabilities 2018: $779Net Assets 2018: $110,1972018Assets 2020: $87,292Liabilities 2020: $2,488Net Assets 2020: $84,8042020Assets 2021: $98,614Liabilities 2021: $744Net Assets 2021: $97,8702021Assets 2022: $89,952Liabilities 2022: $730Net Assets 2022: $89,2222022Assets 2023: $84,798Liabilities 2023: $779Net Assets 2023: $84,0192023Assets 2024: $94,503Liabilities 2024: $753Net Assets 2024: $93,7502024

Highlighted filing

2020

Assets$87,292
Liabilities$2,488
Net Assets$84,804
Open 2020 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $59,854Expenses 2010: $37,658Net Income 2010: $22,1962010Revenue 2011: $28,196Expenses 2011: $44,404Net Income 2011: -$16,2082011Revenue 2012: $110,549Expenses 2012: $42,450Net Income 2012: $68,0992012Revenue 2013: $129,988Expenses 2013: $52,734Net Income 2013: $77,2542013Revenue 2014: $95,987Expenses 2014: $76,255Net Income 2014: $19,7322014Revenue 2015: $47,952Expenses 2015: $62,528Net Income 2015: -$14,5762015Revenue 2016: $43,643Expenses 2016: $61,674Net Income 2016: -$18,0312016Revenue 2017: $42,355Expenses 2017: $69,449Net Income 2017: -$27,0942017Revenue 2018: $47,751Expenses 2018: $74,797Net Income 2018: -$27,0462018Revenue 2020: $53,717Expenses 2020: $58,982Net Income 2020: -$5,2652020Revenue 2021: $64,120Expenses 2021: $51,048Net Income 2021: $13,0722021Revenue 2022: $52,063Expenses 2022: $60,712Net Income 2022: -$8,6492022Revenue 2023: $50,407Expenses 2023: $55,610Net Income 2023: -$5,2032023Revenue 2024: $48,036Expenses 2024: $38,304Net Income 2024: $9,7322024

Highlighted filing

2020

Revenue$53,717
Expenses$58,982
Net Income-$5,265
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 15, 2021
Return Version
2020v4.0
Gross Receipts
$53,717
Mission and Program Overview

Mission

Provide safe and groomed snowmobile trails

Program Services

DescriptionGrantsExpenses
FOR PUBLIC RECREATIONAL USE IN NORTHERN MN.--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID HANSONBoard Member-$0--
FRANKLYN HANDTreasurer-$0--
SCOTT WALDOVice Preside-$0--
RAY BERGERBoard Member-$0--
DON NELSONBoard Member-$0--
BRENT EGGENSecretary-$0--
WADE RENNEMOPresident-$0--
Filing and Contact Details

Filer

Filer Name
Lost River Trails Inc
EIN
41-1921468
Phone
2182390022
Address
25284 HIGHWAY 1 NE, KELLIHER, MN 56650

Signing Officer

Name
Franklyn Hand
Title
Treasurer
Phone
2182390022
Signed
2021-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Krigbaum & Jones Ltd
Address
713 BELTRAMI AVE NW, BEMIDJI, MN 56601
Preparer
Dane a Jones
Phone
2187513812
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 121 insurance 2,172 bank charges 17 rent, parking, utilities 600 dues & membership 75 fuel 6,071 supplies 5,044 trail maintenance 1,485 outside services 725 repairs & maintenance 5,717 scholarship 500 real estate taxes 232 donated facilities 378 equipment rental 313 non-investment depreciation 18,769 total 42,219”

Form 990-ez, Part II, Line 24

“Equipment 230,121 241,871 less accumulated depreciation 205,199 223,968 other receivable 0 0 total 24,922 17,903”

Form 990-ez, Part II, Line 26

“Fed/fica payable 667 916 state wh 87 87 futa payable 4 0 other current liabilities 0 1,485”

Raw XML Appendix125 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0DAVID HANSON
CompensationExplanation/CompensationExplanationGrp/PersonNm1FRANKLYN HAND
CompensationExplanation/CompensationExplanationGrp/PersonNm2SCOTT WALDO
CompensationExplanation/CompensationExplanationGrp/PersonNm3RAY BERGER
CompensationExplanation/CompensationExplanationGrp/PersonNm4DON NELSON
CompensationExplanation/CompensationExplanationGrp/PersonNm5BRENT EGGEN
CompensationExplanation/CompensationExplanationGrp/PersonNm6WADE RENNEMO
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0FRANKLYN HAND
IRS990EZ/BooksInCareOfDetail/PhoneNum02182390022
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt025284 HWY 1 NE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KELLIHER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056650
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt065905
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt069389
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt053523
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5265
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0791
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt090827
IRS990EZ/Form990TotalAssetsGrp/EOYAmt087292
IRS990EZ/GrossReceiptsAmt053717
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0194
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt090069
IRS990EZ/NetAssetsOrFundBalancesEOYAmt084804
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt090069
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt084804
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID HANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FRANKLYN HAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SCOTT WALDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RAY BERGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DON NELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BRENT EGGEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6WADE RENNEMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt024922
IRS990EZ/OtherAssetsTotalDetail/EOYAmt017903
IRS990EZ/OtherExpensesTotalAmt042219
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SAFE AND GROOMED SNOWMOBILE TRAILS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FOR PUBLIC RECREATIONAL USE IN NORTHERN MN.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt015972
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0758
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02488
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt058982
IRS990EZ/TotalRevenueAmt053717
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 121 INSURANCE 2,172 BANK CHARGES 17 RENT, PARKING, UTILITIES 600 DUES & MEMBERSHIP 75 FUEL 6,071 SUPPLIES 5,044 TRAIL MAINTENANCE 1,485 OUTSIDE SERVICES 725 REPAIRS & MAINTENANCE 5,717 SCHOLARSHIP 500 REAL ESTATE TAXES 232 DONATED FACILITIES 378 EQUIPMENT RENTAL 313 NON-INVESTMENT DEPRECIATION 18,769 TOTAL 42,219
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 230,121 241,871 LESS ACCUMULATED DEPRECIATION 205,199 223,968 OTHER RECEIVABLE 0 0 TOTAL 24,922 17,903
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FED/FICA PAYABLE 667 916 STATE WH 87 87 FUTA PAYABLE 4 0 OTHER CURRENT LIABILITIES 0 1,485
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANKLYN HAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02182390022
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOST RIVER TRAILS INC
ReturnHeader/Filer/BusinessNameControlTxt0LOST
ReturnHeader/Filer/EIN0411921468
ReturnHeader/Filer/PhoneNum02182390022
ReturnHeader/Filer/USAddress/AddressLine1Txt025284 HIGHWAY 1 NE
ReturnHeader/Filer/USAddress/CityNm0KELLIHER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056650
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134203180
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRIGBAUM & JONES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0713 BELTRAMI AVE NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEMIDJI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056601
ReturnHeader/PreparerPersonGrp/PhoneNum02187513812
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANE A JONES
ReturnHeader/ReturnTs02021-02-18T06:07:05-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANKLYN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAND
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$87,292
Liabilities
$2,488
Net assets
$84,804
Revenue
$53,717
Expenses
$58,982
Net income
-$5,265
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$0.48$0.38$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.84$0.50$0.56$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.01$0.89$0.52$0.61$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.98$0.64$0.51$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.02$0.85$0.54$0.59$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.01$1.10$0.48$0.75$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.01$1.37$0.42$0.69$0.27
2016Detailed filing. Detailed filing data is available for this year.$1.65$0.01$1.64$0.44$0.62$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.82$1.82$0.48$0.63$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.98$0.01$1.97$0.96$0.76$0.20
2013Summary only. Only limited summary data is available for this year.$2.27$0.50$1.30$0.53$0.77
2012Summary only. Only limited summary data is available for this year.$2.22$1.22$1.11$0.42$0.68
2011Summary only. Only limited summary data is available for this year.$0.32$0.00$0.28$0.44$0.16
2010Summary only. Only limited summary data is available for this year.$0.48$0.00$0.60$0.38$0.22