Deer Lake Association Of Itasca County
EIN: 411853300 · Minneapolis, MN · NTEE: C320
| Metric | Value |
|---|---|
| Total Revenue | $212K |
| Total Expenses | $114K |
| Net Assets | $837K |
Is Deer Lake Association Of Itasca County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Deer Lake Association Of Itasca County
Deer Lake Association Of Itasca County (EIN: 411853300) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code C320. The organization reported total revenue of $212K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deer Lake Association Of Itasca County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deer Lake Association Of Itasca County is a small nonprofit that has been operating for 29 years, with 6 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $114K |
| Surplus / Deficit | +$12K |
| Total Assets | $837K |
| Net Assets | $837K |
| Operating Margin | 9.8% |
| Months of Reserves | 88.4 months |
Financial Health Grade: A
In 2023, Deer Lake Association Of Itasca County reported a surplus of $12K with revenue exceeding expenses, holds 88.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2014–2023), Deer Lake Association Of Itasca County's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | +59.0% | +21.7% |
| 2022 | -62.5% | +14.5% | -6.0% |
| 2021 | +136.4% | +81.1% | +59.2% |
| 2020 | +99.8% | -51.3% | +244.5% |
| 2015 | -55.2% | -62.7% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Deer Lake Association Of Itasca County 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 Deer Lake Association Of Itasca County 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Frequently Asked Questions about Deer Lake Association Of Itasca County
Is Deer Lake Association Of Itasca County a legitimate charity?
Based on AI analysis of IRS 990 filings, Deer Lake Association Of Itasca County (EIN: 411853300) insufficient data. 0 red flags identified, 0 strengths noted.
How does Deer Lake Association Of Itasca County spend its money?
Detailed spending breakdown data is not yet available for Deer Lake Association Of Itasca County. Check back for updated IRS 990 analysis.
Are donations to Deer Lake Association Of Itasca County tax-deductible?
Deer Lake Association Of Itasca County is registered as a tax-exempt nonprofit (EIN: 411853300). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Deer Lake Association Of Itasca County located?
Deer Lake Association Of Itasca County is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411853300. It is classified under NTEE code C320.
How many years of IRS 990 filings does Deer Lake Association Of Itasca County have?
Deer Lake Association Of Itasca County has 6 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 $212K in total revenue.
Filing History
IRS 990 filing history for Deer Lake Association Of Itasca County showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2023), Deer Lake Association Of Itasca County's revenue has declined by 13.8%, moving from $146K to $126K. Total assets increased by 503.4% over the same period, from $139K to $837K. Total functional expenses fell by 40.1%, from $190K to $114K. In its most recent filing year (2023), Deer Lake Association Of Itasca County reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $114K | $837K | $0 | — | — |
| 2022 | $116K | $71K | $688K | $0 | — | — |
| 2021 | $309K | $62K | $731K | $0 | — | View 990 |
| 2020 | $131K | $34K | $459K | $0 | — | View 990 |
| 2015 | $65K | $71K | $133K | $0 | — | View 990 |
| 2014 | $146K | $190K | $139K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $114K, and assets of $837K (revenue +8.8% year-over-year).
- 2022: Revenue of $116K, expenses of $71K, and assets of $688K (revenue -62.5% year-over-year).
- 2021: Revenue of $309K, expenses of $62K, and assets of $731K (revenue +136.4% year-over-year).
- 2020: Revenue of $131K, expenses of $34K, and assets of $459K (revenue +99.8% year-over-year).
- 2015: Revenue of $65K, expenses of $71K, and assets of $133K (revenue -55.2% year-over-year).
- 2014: Revenue of $146K, expenses of $190K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deer Lake Association Of Itasca County:
Data Sources and Methodology
This transparency report for Deer Lake Association Of Itasca County 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.