Civic Intelligence

906 Adventure Team

990 • Fiscal year 2023 • EIN 82-1691265

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

955 N Lakeshore BoulevardMarquette, MI 49855

(906) 748-0034

Siviq Scores

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

Liabilities / Assets

87th percentile

0.61x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

1.07x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

80th percentile

27%

Higher net margin than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

58th percentile

$79,636

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

96th percentile

145%

Faster asset growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

85th percentile

57%

Faster revenue growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,602,698

Up $948,764 (+145%) from 2022

Net Assets

Up

$622,069

Up $251,990 (+68%) from 2022

Liabilities

Up

$980,629

Up $696,774 (+245%) from 2022

Revenue

Up

$918,946

Up $332,129 (+57%) from 2022

Expenses

Up

$666,956

Up $137,092 (+26%) from 2022

Net Income

Up

$251,990

Up $195,037 (+342%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2018: $190,312Liabilities 2018: $155,034Net Assets 2018: $35,2782018Assets 2019: $250,941Liabilities 2019: $209,349Net Assets 2019: $41,5922019Assets 2020: $341,169Liabilities 2020: $217,844Net Assets 2020: $123,3252020Assets 2021: $559,896Liabilities 2021: $246,770Net Assets 2021: $313,1262021Assets 2022: $653,934Liabilities 2022: $283,855Net Assets 2022: $370,0792022Assets 2023: $1,602,698Liabilities 2023: $980,629Net Assets 2023: $622,0692023Assets 2024: $1,630,803Liabilities 2024: $1,010,169Net Assets 2024: $620,6342024

Highlighted filing

2023

Assets$1,602,698
Liabilities$980,629
Net Assets$622,069

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $185,219Expenses 2018: $168,447Net Income 2018: $16,7722018Revenue 2019: $325,258Expenses 2019: $318,944Net Income 2019: $6,3142019Revenue 2020: $350,582Expenses 2020: $268,849Net Income 2020: $81,7332020Revenue 2021: $548,776Expenses 2021: $358,975Net Income 2021: $189,8012021Revenue 2022: $586,817Expenses 2022: $529,864Net Income 2022: $56,9532022Revenue 2023: $918,946Expenses 2023: $666,956Net Income 2023: $251,9902023Revenue 2024: $798,536Expenses 2024: $802,894Net Income 2024: -$4,3582024

Highlighted filing

2023

Revenue$918,946
Expenses$666,956
Net Income$251,990
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.0
Gross Receipts
$995,395
Mission and Program Overview

Mission

To inspire youth to experience outdoor adventures through mountain biking and trails, with a focus on building self-esteem and strong minds, active healthy lifestyles, and trail stewardship.

Empowering people to become the best version of themselves through outdoor adventure.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,171$783,444▲ $743,273
Savings and Temporary Cash Investments$561,623$714,516▲ $152,893
Rtn Earn Endowment Incm Other Fnds$370,079$622,069▲ $251,990
Accounts Receivable$44,576$102,717▲ $58,141
Prepaid Expenses and Deferred Charges$2,563$2,020▼ $543
Intangible Assets$1$1→ $0
Total Assets$653,934$1,602,698▲ $948,764
Other Assets Total$5,000--
Liabilities
Mortgage Notes Payable Secured by Investment Property-$555,057-
Deferred Revenue$275,160$398,150▲ $122,990
Accounts Payable and Accrued Expenses$8,695$27,422▲ $18,727
Total Liabilities$283,855$980,629▲ $696,774
Net Assets / Fund Balance
Total Net Assets Fund Balance$370,079$622,069▲ $251,990
Total Liabilities and Net Assets / Fund Balance$653,934$1,602,698▲ $948,764

Asset Categories

AssetBook ValueDepreciationBasis
Land$470,000-$470,000
Buildings$235,737$5,016$240,753
Equipment$77,707$45,937$123,644
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Todd PoquettePresident/ceFT$79,636$79,636
Gail HannaTreasurer/boPT$11,000$11,000

Board Members and Trustees

NameTitle
Amy MausDirector
James ReinhartDirector
Jon OlstadtDirector
Julie CunninghamDirector
Matt JohnsonDirector
Ryan BrangDirector
Stacy BolfSecretary
Matthew BeardsleyTreasurer
Christian VerardiVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$457,614
Program Service Revenue
$423,425
Investment Income
$2,819
Other Revenue
$35,088
All Other Contributions
$432,614
Change in Net Assets
$251,990

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$25,382Fair Market Value
Other Non Cash Contri Table1$6,573Fair Market Value
Total Noncash Contributions2$31,955-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$458,295
Salaries, Compensation, and Employee Benefits$154,998
Grants and Similar Amounts Paid$53,663
Total Fundraising Expense$7,101
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$59,818$45,810-$105,628
Current Officers, Directors, Trustees, and Key Employees$63,781$22,875$3,980$90,636
Grants to Domestic Orgs$53,663--$53,663
Occupancy-$51,453-$51,453
Other Salaries and Wages$42,707$2,821$2,306$47,834
Depreciation Depletion$22,846$5,846-$28,692
Information Technology$6,753$17,591-$24,344
Office Expenses$642$17,086-$17,728
Travel$4,562$10,671-$15,233
Insurance$141$11,517-$11,658
Advertising$1,906$9,219-$11,125
Payroll Taxes$8,387$1,412$495$10,294
Fees for Services Accounting$627$4,678-$5,305
Other Expenses$2,956$507-$3,463
Pension Plan Contributions$2,960$154$175$3,289
All Other Expenses$1,550$1,430-$2,980
Other Employee Benefits$2,461$339$145$2,945
Total Functional Expenses$450,490$209,365$7,101$666,956
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Range Area Mountain Bike AssociatioIshpeming, MI501c3Mountain Bike Trail$27,935
Noquemanon Trail NetworkMarquette, MI501c3Mountain Bike Trail$17,720
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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, Page 6, Part VI, Line 8B

The organization does not have any committees with authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The form 990 is initially reviewed by the officers of the organization, and then a copy of the return is provided electronically to all members of the board of directors, with a deadline to respond. The executive team reviews the feedback received and obtains necessary revisions to the return before filing.

Form 990, Page 6, Part VI, Line 12C

Each director and officer has a duty to disclose any actual or possible conflict of interest and to sign an annual statement acknowledging that the person has received a copy of the policy, has read and understands the policy, agrees to comply with the policy, and understands the organization must engage primarily in activities which accomplish its tax-exempt

Form 990, Page 6, Part VI, Line 15A

Compensation for the president/ceo was determined using compensation data from other nonprofits. The review and decision was made by the board of directors, in the absence of the president/ceo, and was recorded in the board minutes.

Form 990, Page 6, Part VI, Line 19

The organization makes these documents, policies and statements available upon request.

Filing and Contact Details

Filer

Filer Name
906 Adventure Team
EIN
82-1691265
Phone
9067480034
Address
955 N LAKESHORE BOULEVARD, MARQUETTE, MI 49855

Signing Officer

Name
Todd Poquette
Title
President/CEO
Phone
9067480034
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Poquette
Formed
2017
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
9
Employees
3
Volunteers
300

Preparer

Firm
Andrews Hooper Pavlik Plc
Address
201 W BLUFF ST, MARQUETTE, MI 49855
Preparer
Kara a Katona
Phone
9062283600
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

Youth programs: adventure team: adventure bike club. Helping youth develop resilience, confidence, grit, and independence through cycling. The bike is a tool with which the kids explore the outdoor spaces within their communities-facing fear, overcoming obstacles, and learning how to leverage failure for self-improvement. We introduce kids to the idea that "doing hard things can be fund and rewarding." we help them develop a "growth mindset- and get them to embrace the "power of yet" - "so what if you can't do it, keep trying. Give your best effort every day." we work with kids age 5-17. The program is co-ed, featuring nearly a 50% split between boys and girls, and nearly the same ratio of men and women. All adventure teams develop a deep sense of community and connection to the other communities around the midwest - we're in this together. Youth are tomorrow's leaders, and we hope this program prepares them for that, as well as equips them and gives them the confidence to believe they can overcome anything life throws at them.

Form 990, Page 2, Part III, Line 4D

Crusher adventure race, mtrs

Form 990, Part IX, Line 11G

Graphic design 30,695 5,563 0 event timing 11,964 0 0 photography 10,000 0 0 other 7,159 0 0 michigan health endowed fund 0 40,247 0 total 59,818 45,810 0

Raw XML AppendixShowing 400 of 509 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.

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IRS990/OtherAssetsTotalGrp/BOYAmt05000
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IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1507
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IRS990/OtherExpensesGrp/ProgramServicesAmt215672
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IRS990/PayrollTaxesGrp/FundraisingAmt0495
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IRS990/PayrollTaxesGrp/ProgramServicesAmt08387
IRS990/PayrollTaxesGrp/TotalAmt010294
IRS990/PensionPlanContributionsGrp/FundraisingAmt0175
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0154
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02563
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02020
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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION FEES
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IRS990/ProgSrvcAccomActy2Grp/Desc0YOUTH PROGRAMS: ADVENTURE TEAM: ADVENTURE BIKE CLUB. HELPING YOUTH DEVELOP RESILIENCE, CONFIDENCE, GRIT, AND INDEPENDENCE THROUGH CYCLING. THE BIKE IS A TOOL WITH WHICH THE KIDS EXPLORE THE OUTDOOR SPACES WITHIN THEIR COMMUNITIES-FACING FEAR, OVERCOMING OBSTACLES, AND LEARNING HOW TO LEVERAGE FAILURE FOR SELF-IMPROVEMENT. WE INTRODUCE KIDS TO THE IDEA THAT "DOING HARD THINGS CAN BE FUND AND REWARDING." WE HELP THEM DEVELOP A "GROWTH MINDSET- AND GET THEM TO EMBRACE THE "POWER OF YET" - "SO WHAT IF YOU CAN'T DO IT, KEEP TRYING. GIVE YOUR BEST EFFORT EVERY DAY." WE WORK WITH KIDS AGE 5-17. THE PROGRAM IS CO-ED, FEATURING NEARLY A 50% SPLIT BETWEEN BOYS AND GIRLS, AND NEARLY THE SAME RATIO OF MEN AND WOMEN. ALL ADVENTURE TEAMS DEVELOP A DEEP SENSE OF COMMUNITY AND CONNECTION TO THE OTHER COMMUNITIES AROUND THE MIDWEST - WE'RE IN THIS TOGETHER. YOUTH ARE TOMORROW'S LEADERS, AND WE HOPE THIS PROGRAM PREPARES THEM FOR THAT, AS WELL AS EQUIPS THEM AND GIVES THEM THE CONFIDENCE TO BELIEVE THEY CAN OVERCOME ANYTHING LIFE THROWS AT THEM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0147448
IRS990/ProgSrvcAccomActy2Grp/GrantAmt06500
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt089910
IRS990/ProgSrvcAccomActy3Grp/Desc0POLAR ROLL FAT BIKE RACE - HELD IN FEBRUARY, RACES COMPETE ON MOUNTAIN BIKES THAT HAVE EXTREMELY WIDE TIRES SPECIFICALLY DESIGNED TO PERFORM IN COLD SNOWY CONDITIONS. A GOAL OF THE EVENT IS TO KEEP PEOPLE EXCITED, MOTIVATED AND OUTDOORS DURING A TIME OF THE YEAR WHEN SEASONAL DEPRESSION BECOMES A BATTLE FOR MANY. THE POLAR ROLL WAS RECOGNIZED AS "EVENT OF THE YEAR" BY THE GOVERNOR'S FITNESS AWARDS AND HAS BEEN DEEMED A SIGNATURE EVENT BY THE MICHIGAN FITNESS FOUNDATION. THIS EVENT BRINGS HUNDREDS OF PEOPLE TO MARQUETTE COUNTY EVERY YEAR TO CELEBRATE AND PROMOTE ACTIVE LIFESTYLES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt080919
IRS990/ProgSrvcAccomActy3Grp/GrantAmt07230
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt045490
IRS990/ProgSrvcAccomActyOtherGrp/Desc0CRUSHER ADVENTURE RACE, MTRS
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt074870
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IRS990/PYInvestmentIncomeAmt01293
IRS990/PYOtherExpensesAmt0302396
IRS990/PYOtherRevenueAmt025324
IRS990/PYProgramServiceRevenueAmt0367705
IRS990/PYRevenuesLessExpensesAmt056953
IRS990/PYSalariesCompEmpBnftPaidAmt0188068
IRS990/PYTotalExpensesAmt0529864
IRS990/PYTotalRevenueAmt0586817
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0251990
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RevenueAmt0213155
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0370079
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0622069
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0561623
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0714516
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 3,872
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0457614
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0192495
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0199329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0138056
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt077814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01065308
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02819
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01293
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0721
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0444
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06136
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01882595
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt05016
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IRS990ScheduleD/EquipmentGrp/BookValueAmt077707
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045937
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0123644
IRS990ScheduleD/LandGrp/BookValueAmt0470000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0470000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0783444
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt027935
IRS990ScheduleI/RecipientTable/CashGrantAmt117720
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MOUNTAIN BIKE TRAIL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MOUNTAIN BIKE TRAIL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RANGE AREA MOUNTAIN BIKE ASSOCIATIO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NOQUEMANON TRAIL NETWORK
IRS990ScheduleI/RecipientTable/RecipientEIN0460791721
IRS990ScheduleI/RecipientTable/RecipientEIN1383578841
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 14
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 746
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ISHPEMING
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MARQUETTE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049849
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd149855
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0906 ADVENTURE TEAM PROVIDES FINANCIAL ASSISTANCE TO ORGANIZATIONS WHOSE MISSION ALIGNS WITH THEIRS AND/OR FOR SPECIFIC PROJECTS THAT FURTHER THEIR MISSION. THE ASSISTANCE IS APPROVED BY THE EXECUTIVE DIRECTOR IN LINE WITH THE ANNUAL BUDGETED AMOUNT AS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt02
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0FURNITURE

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