Great Lakes Dryhootch
EIN: 813879969 · Milwaukee, WI · NTEE: F99
| Metric | Value |
|---|---|
| Total Revenue | $638K |
| Total Expenses | $1.0M |
| Net Assets | $-307,747 |
Is Great Lakes Dryhootch Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Great Lakes Dryhootch
Great Lakes Dryhootch (EIN: 813879969) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code F99. The organization reported total revenue of $638K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great Lakes Dryhootch's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Great Lakes Dryhootch is a small nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 47.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $878K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-160,596 |
| Total Assets | $173K |
| Total Liabilities | $481K |
| Net Assets | $-307,747 |
| Operating Margin | -18.3% |
| Debt-to-Asset Ratio | 278.0% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Great Lakes Dryhootch reported a deficit of $161K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 278.0% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Great Lakes Dryhootch's revenue has grown at a compound annual growth rate (CAGR) of 47.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | +10.1% | -51.2% |
| 2022 | +70.7% | +54.2% | -10.4% |
| 2021 | +21.3% | +35.2% | +3087.3% |
| 2020 | -11.7% | -8.7% | — |
| 2019 | +104.2% | +108.4% | -137.5% |
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 Great Lakes Dryhootch 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 Great Lakes Dryhootch 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 $161K, with expenses exceeding revenue.
- Debt-to-asset ratio: 278.0%.
Frequently Asked Questions about Great Lakes Dryhootch
Is Great Lakes Dryhootch a legitimate charity?
Great Lakes Dryhootch (EIN: 813879969) is a registered tax-exempt nonprofit based in Wisconsin. It has 7 years of IRS 990 filings on record. Total revenue: $638K. No red flags identified. Financial health grade: D.
How does Great Lakes Dryhootch spend its money?
Great Lakes Dryhootch reported $638K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Great Lakes Dryhootch tax-deductible?
Great Lakes Dryhootch is registered as a tax-exempt nonprofit (EIN: 813879969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Great Lakes Dryhootch located?
Great Lakes Dryhootch is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 813879969. It is classified under NTEE code F99.
How many years of IRS 990 filings does Great Lakes Dryhootch have?
Great Lakes Dryhootch has 7 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 $638K in total revenue.
Filing History
IRS 990 filing history for Great Lakes Dryhootch showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Great Lakes Dryhootch's revenue has grown by 922%, moving from $86K to $878K. Total assets increased by 3567% over the same period, from $5K to $173K. Total functional expenses rose by 1054.8%, from $90K to $1.0M. In its most recent filing year (2023), Great Lakes Dryhootch reported a deficit of $161K, with expenses exceeding revenue. The organization holds $481K in liabilities against $173K in assets (debt-to-asset ratio: 278.0%), resulting in net assets of $-307,747.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $878K | $1.0M | $173K | $481K | — | — |
| 2022 | $901K | $944K | $354K | $501K | — | View 990 |
| 2021 | $528K | $612K | $395K | $500K | — | View 990 |
| 2020 | $435K | $453K | $12K | $33K | — | — |
| 2019 | $493K | $496K | $-3,342 | $0 | — | View 990 |
| 2018 | $242K | $238K | $9K | $9K | — | View 990 |
| 2017 | $86K | $90K | $5K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $878K, expenses of $1.0M, and assets of $173K (revenue -2.5% year-over-year).
- 2022: Revenue of $901K, expenses of $944K, and assets of $354K (revenue +70.7% year-over-year).
- 2021: Revenue of $528K, expenses of $612K, and assets of $395K (revenue +21.3% year-over-year).
- 2020: Revenue of $435K, expenses of $453K, and assets of $12K (revenue -11.7% year-over-year).
- 2019: Revenue of $493K, expenses of $496K, and assets of $-3,342 (revenue +104.2% year-over-year).
- 2018: Revenue of $242K, expenses of $238K, and assets of $9K (revenue +181.0% year-over-year).
- 2017: Revenue of $86K, expenses of $90K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Great Lakes Dryhootch:
Data Sources and Methodology
This transparency report for Great Lakes Dryhootch 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.