Great Lakes Observing System Regional Association
EIN: 260711287 · Ann Arbor, MI · NTEE: U21
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.6M |
| Net Assets | $-46,760 |
Is Great Lakes Observing System Regional Association 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 Observing System Regional Association
Great Lakes Observing System Regional Association (EIN: 260711287) is a nonprofit organization based in Ann Arbor, MI, classified under NTEE code U21. The organization reported total revenue of $4.2M and total assets of $694K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great Lakes Observing System Regional Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Great Lakes Observing System Regional Association is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-111,702 |
| Total Assets | $412K |
| Total Liabilities | $458K |
| Net Assets | $-46,760 |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 111.4% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, Great Lakes Observing System Regional Association reported a deficit of $112K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 111.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Great Lakes Observing System Regional Association's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.2% | -27.8% | -64.9% |
| 2022 | +15.1% | +23.8% | +1.0% |
| 2021 | +91.6% | +86.3% | +191.8% |
| 2020 | +2.8% | +2.4% | -9.4% |
| 2019 | +29.4% | +31.2% | +20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Great Lakes Observing System Regional 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 Great Lakes Observing System Regional 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 deficit of $112K, with expenses exceeding revenue.
- Debt-to-asset ratio: 111.4%.
Frequently Asked Questions about Great Lakes Observing System Regional Association
Is Great Lakes Observing System Regional Association a legitimate charity?
Great Lakes Observing System Regional Association (EIN: 260711287) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $4.2M. No red flags identified. Financial health grade: D.
How does Great Lakes Observing System Regional Association spend its money?
Great Lakes Observing System Regional Association reported $4.2M in total revenue in IRS 990 filings. 13 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 Observing System Regional Association tax-deductible?
Great Lakes Observing System Regional Association is registered as a tax-exempt nonprofit (EIN: 260711287). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Great Lakes Observing System Regional Association located?
Great Lakes Observing System Regional Association is headquartered in Ann Arbor, Michigan and files with the IRS under EIN 260711287. It is classified under NTEE code U21.
How many years of IRS 990 filings does Great Lakes Observing System Regional Association have?
Great Lakes Observing System Regional Association has 13 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 $4.2M in total revenue.
Filing History
IRS 990 filing history for Great Lakes Observing System Regional Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Great Lakes Observing System Regional Association's revenue has grown by 201.7%, moving from $1.2M to $3.5M. Total assets decreased by 21% over the same period, from $521K to $412K. Total functional expenses rose by 211.3%, from $1.2M to $3.6M. In its most recent filing year (2023), Great Lakes Observing System Regional Association reported a deficit of $112K, with expenses exceeding revenue. The organization holds $458K in liabilities against $412K in assets (debt-to-asset ratio: 111.4%), resulting in net assets of $-46,760.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.6M | $412K | $458K | — | View 990 |
| 2022 | $4.8M | $5.0M | $1.2M | $1.1M | — | View 990 |
| 2021 | $4.2M | $4.1M | $1.2M | $850K | — | View 990 |
| 2020 | $2.2M | $2.2M | $398K | $223K | — | View 990 |
| 2019 | $2.1M | $2.1M | $439K | $276K | — | View 990 |
| 2018 | $1.6M | $1.6M | $364K | $205K | — | View 990 |
| 2017 | $1.5M | $1.5M | $404K | $269K | — | View 990 |
| 2016 | $1.6M | $1.5M | $396K | $306K | — | View 990 |
| 2015 | $1.3M | $1.2M | $308K | $276K | — | View 990 |
| 2014 | $901K | $889K | $112K | $125K | — | View 990 |
| 2013 | $1.5M | $1.6M | $31K | $56K | — | View 990 |
| 2012 | $1.7M | $1.7M | $464K | $366K | — | View 990 |
| 2011 | $1.2M | $1.2M | $521K | $469K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.6M, and assets of $412K (revenue -27.2% year-over-year).
- 2022: Revenue of $4.8M, expenses of $5.0M, and assets of $1.2M (revenue +15.1% year-over-year).
- 2021: Revenue of $4.2M, expenses of $4.1M, and assets of $1.2M (revenue +91.6% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $398K (revenue +2.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $439K (revenue +29.4% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $364K (revenue +7.5% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $404K (revenue -1.5% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $396K (revenue +19.9% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $308K (revenue +43.6% year-over-year).
- 2014: Revenue of $901K, expenses of $889K, and assets of $112K (revenue -41.2% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.6M, and assets of $31K (revenue -11.8% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $464K (revenue +49.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $521K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Great Lakes Observing System Regional Association:
Data Sources and Methodology
This transparency report for Great Lakes Observing System Regional 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.