Garrett County Trails Inc
- Assets
- $108.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- McHenry, MD
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-4155622
Organization Overview
Garrett County Trails Inc is located in McHenry, MD. The organization was established in 2009. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garrett County Trails Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Garrett County Trails Inc generated $77.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $104.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Dreisbach President | 2 | $0 | |
Mike Logsdon Vice President | 1.07 | $0 | |
Scott Richardson Director | 0.42 | $0 | |
Rodney Glotfelty Secretary | 1.12 | $0 | |
Ryan Savage Director | 0.08 | $0 | |
Sarah Walter Director | 0.58 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,584 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,582 |
| Other Revenue | $0 |
| Total Revenue | $77,166 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,698 |
| Professional fees and other payments to independent contractors | $4,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $97 |
| Other expenses | $39,131 |
| Total expenses | $104,376 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,198 |
| Other assets | $0 |
| Total assets | $108,325 |
| Total liabilities | $1,384 |
| Net assets or fund balances | $106,941 |