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Superior Hiking Trail Association

People. Nature. Footpath.

Two Harbors, MN   |  superiorhiking.org
GuideStar Charity Check

Superior Hiking Trail Association

EIN: 41-1569104


Mission

Our association is honored to serve as stewards and promoters of the Superior Hiking Trail, a 300-mile trail alongside Lake Superior in northern Minnesota. The SHT is a resource for everyone, where individuals discover, learn and connect with nature, themselves and each other.

Ruling year info

1987

Executive Director

Lisa Luokkala

Main address

618 1st Ave PO Box 315

Two Harbors, MN 55616 USA

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EIN

41-1569104

Subject area info

Environment

Natural resources

Land resources

Parks

Population served info

Children and youth

Adults

NTEE code info

Parks and Playgrounds (N32)

Natural Resource Conservation and Protection (C30)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Trail Renewal Program

A multi-year effort to improve and renew the SHT where it is needed most. The program is driven by the primary principles: ensure the safety of all trail users, make using the SHT and the Trail itself less impactful on the land and waters through which it passes, protect the integrity of the Trail's corridor, and foster positive relationships with public and private landowners. The Trail Renewal Program is supported by SHTA members and donors, volunteers, and major grant funding from the Minnesota Environmental and Natural Resources Trust Fund.

Population(s) Served
Adults

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

Superior Hiking Trail Association
Fiscal year: Oct 01 - Sep 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

3.08

Average of 6.30 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

2.4

Average of 6.5 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

24%

Average of 19% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Superior Hiking Trail Association

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Superior Hiking Trail Association

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Superior Hiking Trail Association

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of Superior Hiking Trail Association’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $251,585 $95,644 $137,272 $47,746 -$89,365
As % of expenses 39.4% 11.3% 16.3% 4.9% -9.0%
Unrestricted surplus (deficit) after depreciation $241,902 $69,321 $109,630 $17,491 -$120,918
As % of expenses 37.4% 8.0% 12.6% 1.7% -11.7%
Revenue composition info
Total revenue (unrestricted & restricted) $909,877 $917,726 $877,394 $1,042,078 $880,067
Total revenue, % change over prior year 0.0% 0.9% -4.4% 18.8% -15.5%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 14.5% 15.8% 13.0% 12.3% 14.7%
Investment income 0.5% 0.1% 0.1% 0.1% 0.1%
Government grants 17.2% 35.1% 21.8% 39.5% 31.3%
All other grants and contributions 51.7% 33.1% 46.7% 34.9% 43.3%
Other revenue 16.2% 15.9% 18.5% 13.2% 10.6%
Expense composition info
Total expenses before depreciation $637,952 $845,458 $842,790 $981,068 $997,556
Total expenses, % change over prior year 0.0% 32.5% -0.3% 16.4% 1.7%
Personnel 48.5% 39.1% 39.8% 40.7% 43.7%
Professional fees 13.5% 12.0% 13.9% 10.6% 13.9%
Occupancy 1.7% 1.5% 1.9% 1.7% 1.8%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 36.3% 47.4% 44.4% 47.0% 40.6%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $647,635 $871,781 $870,432 $1,011,323 $1,029,109
One month of savings $53,163 $70,455 $70,233 $81,756 $83,130
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $121,231 $0 $0 $0 $0
Total full costs (estimated) $822,029 $942,236 $940,665 $1,093,079 $1,112,239

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 7.2 4.7 4.0 3.6 2.4
Months of cash and investments 7.2 4.7 4.0 3.6 2.4
Months of estimated liquid unrestricted net assets 8.4 7.4 9.3 8.5 7.1
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $384,671 $334,016 $280,174 $291,295 $200,047
Investments $0 $0 $0 $0 $0
Receivables $85,049 $189,783 $201,550 $342,006 $192,413
Gross land, buildings, equipment (LBE) $289,012 $307,590 $316,100 $316,100 $317,589
Accumulated depreciation (as a % of LBE) 10.8% 18.7% 26.9% 35.7% 39.7%
Liabilities (as a % of assets) 6.1% 11.1% 4.7% 11.3% 8.0%
Unrestricted net assets $703,206 $772,527 $882,157 $899,648 $778,730
Temporarily restricted net assets $99,019 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $99,019 $85,078 $10,873 $15,873 $2,898
Total net assets $802,225 $857,605 $893,030 $915,521 $781,628

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Lisa Luokkala

Number of employees

Source: IRS Form 990

Superior Hiking Trail Association

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Superior Hiking Trail Association

Board of directors
as of 02/01/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Becky Loraas Zrimsek


Board co-chair

Karen Ketchmark

Organizational demographics

SOURCE: Self-reported; last updated 8/24/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data