Great Lakes Aquatic Habitat Networkand Fund Inc

Great Lakes Aquatic Habitat Network and Fund Inc shows consistent revenue growth and strong program spending with no reported officer compensation.

EIN: 205693503 · Petoskey, MI · NTEE: C30 · Updated: 2026-03-28

$1.7MRevenue

$1.1MAssets

95/100Mission Score (Excellent)

C30

About Great Lakes Aquatic Habitat Networkand Fund Inc

Great Lakes Aquatic Habitat Networkand Fund Inc (EIN: 205693503) is a nonprofit organization based in Petoskey, MI, classified under NTEE code C30. The organization reported total revenue of $1.7M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great Lakes Aquatic Habitat Networkand Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Great Lakes Aquatic Habitat Network and Fund Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past five years, culminating in $1,815,088 in the 202309 period. The organization maintains a strong program spending focus, as evidenced by its spending breakdown. Its asset base has also shown steady growth, reaching $1,222,931 in 202309, indicating good financial management and capacity. The absence of reported officer compensation across all available filings suggests a high degree of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's liabilities are manageable relative to its assets, further reinforcing its financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Great Lakes Aquatic Habitat Networkand Fund Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Great Lakes Aquatic Habitat Networkand Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly commendable for a nonprofit of its size with over $1.8 million in annual revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Great Lakes Aquatic Habitat Networkand Fund Inc:

Consistent revenue growth, increasing from $900,164 in 201909 to $1,815,088 in 202309.
No reported officer compensation across all 13 filings, indicating high transparency and mission focus.
Healthy asset growth, reaching $1,222,931 in 202309.
Strong program spending ratio, directing a significant portion of expenses to its mission.
Manageable liabilities relative to assets, demonstrating financial stability.

Frequently Asked Questions about Great Lakes Aquatic Habitat Networkand Fund Inc

Is Great Lakes Aquatic Habitat Network and Fund Inc a good charity?

Based on the provided financial data, Great Lakes Aquatic Habitat Network and Fund Inc appears to be a very good charity, demonstrating strong financial health, efficient program spending, and exceptional transparency regarding executive compensation.

How has the organization's revenue trended over the past five years?

The organization's revenue has shown a strong upward trend over the past five years, increasing from $900,164 in 201909 to $1,815,088 in 202309.

What is the organization's asset-to-liability ratio?

In the latest 202309 filing, the organization had assets of $1,222,931 and liabilities of $251,703, resulting in an asset-to-liability ratio of approximately 4.86:1, indicating strong financial solvency.

Filing History

IRS 990 filing history for Great Lakes Aquatic Habitat Networkand Fund Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Great Lakes Aquatic Habitat Networkand Fund Inc's revenue has grown by 121.5%, moving from $820K to $1.8M. Total assets increased by 153.6% over the same period, from $482K to $1.2M. Total functional expenses rose by 99.4%, from $794K to $1.6M. In its most recent filing year (2023), Great Lakes Aquatic Habitat Networkand Fund Inc reported a surplus of $232K, with revenue exceeding expenses. The organization holds $252K in liabilities against $1.2M in assets (debt-to-asset ratio: 20.6%), resulting in net assets of $971K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.8M	$1.6M	$1.2M	$252K	—	View 990
2022	$1.3M	$1.1M	$948K	$209K	—	View 990
2021	$1.6M	$1.3M	$826K	$209K	—	View 990
2020	$1.3M	$1.1M	$603K	$273K	—	View 990
2019	$900K	$878K	$423K	$276K	—	View 990
2018	$823K	$884K	$305K	$179K	—	View 990
2017	$930K	$1.2M	$429K	$240K	—	View 990
2016	$687K	$810K	$873K	$393K	—	View 990
2015	$792K	$734K	$1.1M	$536K	—	View 990
2014	$1.2M	$1.0M	$629K	$82K	—	View 990
2013	$861K	$932K	$527K	$128K	—	View 990
2012	$829K	$785K	$603K	$132K	—	View 990
2011	$820K	$794K	$482K	$56K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.8M, expenses of $1.6M, and assets of $1.2M (revenue +42.8% year-over-year).
2022: Revenue of $1.3M, expenses of $1.1M, and assets of $948K (revenue -20.0% year-over-year).
2021: Revenue of $1.6M, expenses of $1.3M, and assets of $826K (revenue +22.5% year-over-year).
2020: Revenue of $1.3M, expenses of $1.1M, and assets of $603K (revenue +44.1% year-over-year).
2019: Revenue of $900K, expenses of $878K, and assets of $423K (revenue +9.4% year-over-year).
2018: Revenue of $823K, expenses of $884K, and assets of $305K (revenue -11.5% year-over-year).
2017: Revenue of $930K, expenses of $1.2M, and assets of $429K (revenue +35.4% year-over-year).
2016: Revenue of $687K, expenses of $810K, and assets of $873K (revenue -13.3% year-over-year).
2015: Revenue of $792K, expenses of $734K, and assets of $1.1M (revenue -33.2% year-over-year).
2014: Revenue of $1.2M, expenses of $1.0M, and assets of $629K (revenue +37.8% year-over-year).
2013: Revenue of $861K, expenses of $932K, and assets of $527K (revenue +3.8% year-over-year).
2012: Revenue of $829K, expenses of $785K, and assets of $603K (revenue +1.2% year-over-year).
2011: Revenue of $820K, expenses of $794K, and assets of $482K.

Data Sources and Methodology

This transparency report for Great Lakes Aquatic Habitat Networkand Fund Inc 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.