Overview
What is Wow Trail?
Wow Trail is a nonprofit organization situated in Laconia, New Hampshire, with a postal address at PO Box 6832. Their primary focus is raising funds to maintain and expand the trail, as well as to raise awareness about it. They are currently engaged in trail engineering for the Opechee Loop Project. To achieve their mission, they have applied for grants through the state for the upcoming fiscal year. In essence, Wow Trail aims to construct and upkeep a recreational trail along the railway corridor in the Lakes Region of New Hampshire.
Official website here: www.wowtrail.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Star rating)
Wow Trail holds a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. With a score of 53%, the organization struggles particularly with governance issues, as evidenced by the absence of independent board members and a lack of essential policies such as conflict of interest and whistleblower protections.
On the positive side, Wow Trail demonstrates a high program expense ratio of 96.25%, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has shown no material diversion of assets and maintains a solid liabilities to assets ratio of 0.00%, which suggests financial stability in terms of debt management.
However, the overarching lack of transparency and oversight is a critical limitation. The absence of publicly available documentation, such as board meeting minutes and tax forms, raises concerns about the nonprofit's governance practices. Overall, while Wow Trail appears to effectively utilize its resources for its mission, serious governance issues need to be addressed to improve its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Wow Trail legitimate?
Wow Trail is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wow Trail submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wowtrail.org
What is the mission statement of Wow Trail?
The mission of Wow Trail is centered around building and maintaining a recreational trail along a railway corridor. They raise funds to continue trail awareness, finance maintenance, and expansion. The organization is also engaged in trail engineering, specifically for the Opechee Loop project. They have applied for grants for the next fiscal year to support their initiatives.
Official website here: www.wowtrail.org
Who is the CEO of Wow Trail?
Allan Beetle is the President of Wow Trail.
Official website here: www.wowtrail.org
What is the revenue of Wow Trail?
Wow Trail's revenue in 2023 was $40,117.
Official website here: www.wowtrail.org
Who are the executives of Wow Trail and what are their salaries?
There 15 volunteers at Wow Trail.
Here are 13 key members and their salaries:
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Official website here: www.wowtrail.org
Where can I find the form 990 for Wow Trail?
Wow Trail's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wowtrail.org
Learn more at the official website: www.wowtrail.org
Mission Statement of Wow Trail
The Wow Trail, an organization dedicated to recreational activities, is committed to building and maintaining a trail along the railway corridor in the Lakes Region of New Hampshire. Its mission is to transform this corridor into a trail that caters to various outdoor enthusiasts, promoting leisure and exploration. To achieve this, the Wow Trail engages in fundraising activities, raising awareness about the trail, and using the funds to finance its maintenance and expansion. The organization is currently involved in trail engineering for the Opechee Loop Project and has applied for grants through the state for the next fiscal year.
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Impact
August, 2024
The Wow Trail has significantly enhanced outdoor recreation opportunities in the Lakes Region of New Hampshire by constructing and maintaining a recreational trail along the railway corridor. This initiative has not only provided residents and visitors with a safe and scenic route for walking, running, and biking, but it has also boosted local tourism and economic activity in the city of Laconia. The ongoing efforts to raise funds, increase trail awareness, and secure grants for maintenance and expansion demonstrate Wow Trail's commitment to creating a lasting impact on the community.
This information is meant to be a general summary of Wow Trail. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18
- Program Service Revenue: $34,587
- Gross Receipts: $40,117
Assets and Liabilities:
- Total Assets: $172,596
- Total Liabilities: $0
- Net Assets: $172,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP
Revenue
$34,587
Organization Details
Phone
(603) 344-0339Principal Officer
Allan Beetle
Main Address
PO BOX 6832, LACONIA, NH, 03247
Website
www.wowtrail.orgNTEE Category
Code: N32 - Recreation
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