Elk Skegemog Lakes Association
EIN: 237353971 · Elk Rapids, MI
| Metric | Value |
|---|---|
| Total Revenue | $234K |
| Total Expenses | $66K |
| Net Assets | $192K |
Is Elk Skegemog Lakes Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elk Skegemog Lakes Association
Elk Skegemog Lakes Association (EIN: 237353971) is a nonprofit organization based in Elk Rapids, MI. The organization reported total revenue of $234K and total assets of $305K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elk Skegemog Lakes Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elk Skegemog Lakes Association is a small nonprofit that has been operating for 36 years, with 2 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $66K |
| Surplus / Deficit | +$53K |
| Total Assets | $192K |
| Net Assets | $192K |
| Operating Margin | 44.8% |
| Months of Reserves | 35.0 months |
Financial Health Grade: A
In 2023, Elk Skegemog Lakes Association reported a surplus of $53K with revenue exceeding expenses, holds 35.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2015–2023), Elk Skegemog Lakes Association's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +249.5% | +219.5% | +67.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elk Skegemog Lakes 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 Elk Skegemog Lakes 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
Frequently Asked Questions about Elk Skegemog Lakes Association
Is Elk Skegemog Lakes Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Elk Skegemog Lakes Association (EIN: 237353971) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elk Skegemog Lakes Association spend its money?
Detailed spending breakdown data is not yet available for Elk Skegemog Lakes Association. Check back for updated IRS 990 analysis.
Are donations to Elk Skegemog Lakes Association tax-deductible?
Elk Skegemog Lakes Association is registered as a tax-exempt nonprofit (EIN: 237353971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elk Skegemog Lakes Association located?
Elk Skegemog Lakes Association is headquartered in Elk Rapids, Michigan and files with the IRS under EIN 237353971.
How many years of IRS 990 filings does Elk Skegemog Lakes Association have?
Elk Skegemog Lakes Association has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $234K in total revenue.
Filing History
IRS 990 filing history for Elk Skegemog Lakes Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2023), Elk Skegemog Lakes Association's revenue has grown by 249.5%, moving from $34K to $119K. Total assets increased by 67.9% over the same period, from $114K to $192K. Total functional expenses rose by 219.5%, from $21K to $66K. In its most recent filing year (2023), Elk Skegemog Lakes Association reported a surplus of $53K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $66K | $192K | $0 | — | — |
| 2015 | $34K | $21K | $114K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elk Skegemog Lakes Association:
Data Sources and Methodology
This transparency report for Elk Skegemog Lakes 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.