906 Adventure Team EIN 82-1691265

906 Adventure Team

EIN  82-1691265 Public charity (501(c)(3)) Marquette, MI
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Size
$100K–1M
What they do
Guides people to their best selves through outdoor adventures.
Leadership
Todd Poquette · President/Ce · $86K
Money in and out
$799K revenue, $803K expenses
Bottom line
73% program efficiency

Guides people to their best selves through outdoor adventures. For fiscal year 2024 it reported $799K in revenue, $803K in expenses, and $621K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$799K
Pt VIII · Ln 12
Total expenses
$803K
Pt IX · Ln 25
Net assets
$621K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.25 Fundraising $0.02
Program efficiency
73%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
10.9mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▼ -102% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$799K
FY2024▼ -13%
Expenses
$803K
FY2024▲ +20%
Total assets
$1.6M
FY2024▲ +2%
Total liabilities
$1.0M
FY2024▲ +3%
Total revenue
$799K
Pt VIII · Ln 12
Total expenses
$803K
Pt IX · Ln 25
Net assets
$621K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $495K of program spending, described in the organization's own filed words · FY2024.
01

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.

$207Kprogram expense
02

Marji Gesick 100 Bike Race

Known as the "hardest single-day mountain bike race in america." this race in which 60% of racers fail to finish, is the largest event in the national ultra endurance series. It encourages men, women and children to travel outside their comfort zone to create their best-self, where the purpose of the event is not winning, but finishing…

$194Kprogram expense
03

Polar 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.

$93Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C906 Adventure Team
EINHdr · item D82-1691265
Principal addressHdr · item CMarquette, MI
WebsiteHdr · item Jwww.906adventureteam.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFMar 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Ce
$86,165Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Todd Poquette’s $86K as President/Ce is at the 78th percentile of top reported officer pay among 1984 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Todd Poquette$86,165$79,636$77,242$64,200$60,000
Gail Hanna$11,000$11,000$4,500
Tiffany Tibbetts$1,550

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$545K · 68%
Contributions & grants$194K · 24%
Other revenue$48K · 6%
Investment income$12K · 2%
Program service revenue68%$545K
Contributions & grants24%$194K
Other revenue6%$48K
Investment income2%$12K
Total revenueLn 12$799K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.25 Fundraising $0.02
Program services73%$585K
Management & general25%$204K
Fundraising2%$13K
Total functional expensesLn 25$803K

Balance Sheet

Part X · end of year
CashLn 1$704K
Total assetsLn 16$1.6M
Total liabilitiesLn 26$1.0M
Total net assetsLn 32$621K
Months of cash on handcomputed10.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $717K · Operating expenses (Pt IX) $803K · Less non-cash grants $10K · Cash operating expenses/yr $792K
10.9 months
Where the money goes
Program services
Program services $585K · Total expenses $803K
73%
Management & General
Management & general $204K · Total expenses $803K
25%
Fundraising
Fundraising $13K · Total expenses $803K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $9K · Solicited contributions (3-yr avg) $271K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $194K · Total revenue $799K
24%
Government reliance
Government grants — · Total revenue $799K
Earned-income share
Program service revenue $545K · Total revenue $799K
68%
Investment reliance
Investment income $12K · Total revenue $799K
+2%
Program self-sufficiency
Program service revenue $545K · Total expenses $803K
68%
Growth & trend
Revenue growth (YoY)
This year $799K · Prior year $919K
-13%
Revenue CAGR
FY2020 $351K · FY2024 $799K
+23%
Net-asset trend (YoY)
End of year $621K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $799K · Expenses $803K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $621K · Total assets $1.6M
38%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $13K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
1%
People & payroll
Highest Reported Total Compensation
Individual Todd Poquette · Reported title PRESIDENT/CE · Highest reported compensation $86K · Total expenses $803K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $177K · Total expenses $803K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 25%
Fundraising cost ratio 7%
Revenue growth -13%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 11 grants · $211K · 2020–2024
Range Mountain Bike ClubMI · FY2024$29,815
Range Mountain Bike ClubMI · FY2023$27,935
Range Mountain Bike ClubMI · FY2022$20,720
Range Mountain Bike ClubMI · FY2021$20,550
Range Mountain Bike ClubMI · FY2020$13,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$799K revenue · viewing · ⤓ 990 PDF
FY2023$919K revenue · ⤓ 990 PDF
FY2022$587K revenue · ⤓ 990 PDF
FY2021$549K revenue · ⤓ 990 PDF
FY2020$351K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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