Forest Lake Area Trail System
EIN: 812935540 · Kirksville, MO · NTEE: N30
Is Forest Lake Area Trail System Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forest Lake Area Trail System
Forest Lake Area Trail System (EIN: 812935540) is a nonprofit organization based in Kirksville, MO, classified under NTEE code N30. The organization reported total revenue of $93K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forest Lake Area Trail System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forest Lake Area Trail System is a micro nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $63K |
| Surplus / Deficit | $-123 |
| Total Assets | $40K |
| Net Assets | $40K |
| Operating Margin | -0.2% |
| Months of Reserves | 7.6 months |
Financial Health Grade: B
In 2023, Forest Lake Area Trail System reported a deficit of $123 with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Forest Lake Area Trail System's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.6% | +864.2% | -0.3% |
| 2022 | -69.8% | -95.8% | +8.1% |
| 2021 | +11.9% | -32.8% | +38.3% |
| 2020 | +497.4% | +260.0% | -66.8% |
| 2019 | +30.5% | +13715.5% | -32.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forest Lake Area Trail System 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 Forest Lake Area Trail System 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 deficit of $123, with expenses exceeding revenue.
Frequently Asked Questions about Forest Lake Area Trail System
Is Forest Lake Area Trail System a legitimate charity?
Based on AI analysis of IRS 990 filings, Forest Lake Area Trail System (EIN: 812935540) insufficient data. 0 red flags identified, 0 strengths noted.
How does Forest Lake Area Trail System spend its money?
Detailed spending breakdown data is not yet available for Forest Lake Area Trail System. Check back for updated IRS 990 analysis.
Are donations to Forest Lake Area Trail System tax-deductible?
Forest Lake Area Trail System is registered as a tax-exempt nonprofit (EIN: 812935540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Forest Lake Area Trail System showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Forest Lake Area Trail System's revenue has declined by 10.2%, moving from $70K to $63K. Total assets decreased by 38.4% over the same period, from $64K to $40K. Total functional expenses rose by 1033.8%, from $6K to $63K. In its most recent filing year (2023), Forest Lake Area Trail System reported a deficit of $123, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $63K | $40K | $0 | — | — |
| 2022 | $49K | $7K | $40K | $0 | — | View 990 |
| 2021 | $164K | $156K | $37K | $40K | — | — |
| 2020 | $147K | $232K | $27K | $-30,000 | — | View 990 |
| 2019 | $25K | $64K | $80K | $0 | — | View 990 |
| 2018 | $19K | $466 | $119K | $0 | — | View 990 |
| 2017 | $43K | $7K | $101K | $0 | — | View 990 |
| 2016 | $70K | $6K | $64K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $63K, and assets of $40K (revenue +26.6% year-over-year).
- 2022: Revenue of $49K, expenses of $7K, and assets of $40K (revenue -69.8% year-over-year).
- 2021: Revenue of $164K, expenses of $156K, and assets of $37K (revenue +11.9% year-over-year).
- 2020: Revenue of $147K, expenses of $232K, and assets of $27K (revenue +497.4% year-over-year).
- 2019: Revenue of $25K, expenses of $64K, and assets of $80K (revenue +30.5% year-over-year).
- 2018: Revenue of $19K, expenses of $466, and assets of $119K (revenue -56.6% year-over-year).
- 2017: Revenue of $43K, expenses of $7K, and assets of $101K (revenue -38.0% year-over-year).
- 2016: Revenue of $70K, expenses of $6K, and assets of $64K.
Data Sources and Methodology
This transparency report for Forest Lake Area Trail System 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.