Cass Lakeside Community Association
EIN: 386089054 · Union Lake, MI
| Metric | Value |
|---|---|
| Total Revenue | $345K |
| Total Expenses | $274K |
| Net Assets | $1.8M |
Is Cass Lakeside Community Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cass Lakeside Community Association
Cass Lakeside Community Association (EIN: 386089054) is a nonprofit organization based in Union Lake, MI. The organization reported total revenue of $345K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cass Lakeside Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cass Lakeside Community Association is a small nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $316K |
| Total Expenses | $274K |
| Surplus / Deficit | +$42K |
| Total Assets | $1.8M |
| Total Liabilities | $750 |
| Net Assets | $1.8M |
| Operating Margin | 13.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 78.3 months |
Financial Health Grade: A
In 2024, Cass Lakeside Community Association reported a surplus of $42K with revenue exceeding expenses, holds 78.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Cass Lakeside Community Association's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.8% | +65.9% | +2.4% |
| 2023 | +26.1% | +45.5% | +8.2% |
| 2022 | +23.4% | -9.4% | +8.2% |
| 2021 | -3.8% | +28.5% | +4.6% |
| 2020 | +9.2% | +3.6% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1948 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cass Lakeside Community Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cass Lakeside Community Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Cass Lakeside Community Association
Is Cass Lakeside Community Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Cass Lakeside Community Association (EIN: 386089054) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cass Lakeside Community Association spend its money?
Detailed spending breakdown data is not yet available for Cass Lakeside Community Association. Check back for updated IRS 990 analysis.
Are donations to Cass Lakeside Community Association tax-deductible?
Cass Lakeside Community Association is registered as a tax-exempt nonprofit (EIN: 386089054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cass Lakeside Community Association located?
Cass Lakeside Community Association is headquartered in Union Lake, Michigan and files with the IRS under EIN 386089054.
How many years of IRS 990 filings does Cass Lakeside Community Association have?
Cass Lakeside Community Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $345K in total revenue.
Filing History
IRS 990 filing history for Cass Lakeside Community Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Cass Lakeside Community Association's revenue has grown by 77.9%, moving from $178K to $316K. Total assets increased by 104.5% over the same period, from $873K to $1.8M. Total functional expenses rose by 260.6%, from $76K to $274K. In its most recent filing year (2024), Cass Lakeside Community Association reported a surplus of $42K, with revenue exceeding expenses. The organization holds $750 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $316K | $274K | $1.8M | $750 | — | — |
| 2023 | $296K | $165K | $1.7M | $750 | — | View 990 |
| 2022 | $235K | $113K | $1.6M | $0 | — | View 990 |
| 2021 | $190K | $125K | $1.5M | $0 | — | View 990 |
| 2020 | $198K | $97K | $1.4M | $0 | — | View 990 |
| 2019 | $181K | $94K | $1.3M | $0 | — | View 990 |
| 2018 | $185K | $91K | $1.2M | $0 | — | View 990 |
| 2017 | $176K | $117K | $1.1M | $0 | — | View 990 |
| 2016 | $176K | $162K | $1.1M | $0 | — | View 990 |
| 2015 | $170K | $113K | $1.1M | $0 | — | View 990 |
| 2014 | $180K | $113K | $1.0M | $0 | — | View 990 |
| 2013 | $175K | $102K | $947K | $0 | — | View 990 |
| 2012 | $178K | $76K | $873K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $316K, expenses of $274K, and assets of $1.8M (revenue +6.8% year-over-year).
- 2023: Revenue of $296K, expenses of $165K, and assets of $1.7M (revenue +26.1% year-over-year).
- 2022: Revenue of $235K, expenses of $113K, and assets of $1.6M (revenue +23.4% year-over-year).
- 2021: Revenue of $190K, expenses of $125K, and assets of $1.5M (revenue -3.8% year-over-year).
- 2020: Revenue of $198K, expenses of $97K, and assets of $1.4M (revenue +9.2% year-over-year).
- 2019: Revenue of $181K, expenses of $94K, and assets of $1.3M (revenue -2.1% year-over-year).
- 2018: Revenue of $185K, expenses of $91K, and assets of $1.2M (revenue +5.0% year-over-year).
- 2017: Revenue of $176K, expenses of $117K, and assets of $1.1M (revenue -0.2% year-over-year).
- 2016: Revenue of $176K, expenses of $162K, and assets of $1.1M (revenue +3.8% year-over-year).
- 2015: Revenue of $170K, expenses of $113K, and assets of $1.1M (revenue -5.5% year-over-year).
- 2014: Revenue of $180K, expenses of $113K, and assets of $1.0M (revenue +2.7% year-over-year).
- 2013: Revenue of $175K, expenses of $102K, and assets of $947K (revenue -1.5% year-over-year).
- 2012: Revenue of $178K, expenses of $76K, and assets of $873K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cass Lakeside Community Association:
Data Sources and Methodology
This transparency report for Cass Lakeside Community Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.