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Loppet Adventures

Minneapolis, Minnesota · EIN 82-4416326 · Recreation & Sports · tax-exempt since 2018

C

Charity Clarity grade C (score 52.4 of 100), based on the Form 990 for the year ended March 2025.

Graded against 12,541 recreation & sports nonprofits with revenue under $100K filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.-48.6 months0
GovernanceBoard independence, key policies and audit, per the 990.91% of practices91
Margin stabilityHow steady the surplus or deficit is year to year.1
Revenue spreadHow much revenue rests on one type of income.0% from one source100
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.97.6%not scored
Management costsShare of spending.2.4%not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20182019202020212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Mar 2025Form 990$12K$807K−$795K−$3.27M-48.6343C
Mar 2024Form 990$6,000$669K−$663K−$3.37M-60.5293C
Mar 2023Form 990$12K$255K−$243K−$3.25M-152.7285C
Sep 2022Form 990$723K$534K$189K−$3.37M-75.7270C
Sep 2021Form 990$758K$555K$203K−$3.61M-78.0248D
Sep 2020Form 990$215K$534K−$319K−$3.62M-81.4236D
Sep 2019Form 990$659K$612K$47K−$3.23M-63.3151C
Sep 2018Form 990$301K$266K$35K−$3.18M-143.60D

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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