Hobo Lake Club Incorporated
EIN: 742101530 · Sayner, WI
| Metric | Value |
|---|---|
| Total Revenue | $323K |
| Total Expenses | $342K |
| Net Assets | $2.2M |
Is Hobo Lake Club Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hobo Lake Club Incorporated
Hobo Lake Club Incorporated (EIN: 742101530) is a nonprofit organization based in Sayner, WI. The organization reported total revenue of $323K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hobo Lake Club Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hobo Lake Club Incorporated is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $310K |
| Total Expenses | $342K |
| Surplus / Deficit | $-31,720 |
| Total Assets | $2.2M |
| Total Liabilities | $17K |
| Net Assets | $2.2M |
| Operating Margin | -10.2% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 77.9 months |
Financial Health Grade: B
In 2023, Hobo Lake Club Incorporated reported a deficit of $32K with expenses exceeding revenue, holds 77.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hobo Lake Club Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +14.6% | -1.8% |
| 2022 | -5.1% | +3.3% | -0.2% |
| 2021 | +25.6% | -2.6% | +2.2% |
| 2020 | -23.6% | +3.3% | -2.4% |
| 2019 | -64.3% | +11.6% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hobo Lake Club Incorporated 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 Hobo Lake Club Incorporated 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 $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Hobo Lake Club Incorporated
Is Hobo Lake Club Incorporated a legitimate charity?
Hobo Lake Club Incorporated (EIN: 742101530) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $323K. No red flags identified. Financial health grade: B.
How does Hobo Lake Club Incorporated spend its money?
Hobo Lake Club Incorporated reported $323K 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 Hobo Lake Club Incorporated tax-deductible?
Hobo Lake Club Incorporated is registered as a tax-exempt nonprofit (EIN: 742101530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hobo Lake Club Incorporated located?
Hobo Lake Club Incorporated is headquartered in Sayner, Wisconsin and files with the IRS under EIN 742101530.
How many years of IRS 990 filings does Hobo Lake Club Incorporated have?
Hobo Lake Club Incorporated 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 $323K in total revenue.
Filing History
IRS 990 filing history for Hobo Lake Club Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hobo Lake Club Incorporated's revenue has grown by 22.1%, moving from $254K to $310K. Total assets increased by 59.6% over the same period, from $1.4M to $2.2M. Total functional expenses rose by 46.3%, from $234K to $342K. In its most recent filing year (2023), Hobo Lake Club Incorporated reported a deficit of $32K, with expenses exceeding revenue. The organization holds $17K in liabilities against $2.2M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $310K | $342K | $2.2M | $17K | — | View 990 |
| 2022 | $300K | $299K | $2.3M | $26K | — | View 990 |
| 2021 | $316K | $289K | $2.3M | $32K | — | View 990 |
| 2020 | $252K | $297K | $2.2M | $10K | — | View 990 |
| 2019 | $330K | $287K | $2.3M | $19K | — | View 990 |
| 2018 | $925K | $257K | $2.2M | $28K | — | View 990 |
| 2017 | $372K | $258K | $1.6M | $45K | — | View 990 |
| 2016 | $277K | $262K | $1.5M | $61K | — | View 990 |
| 2015 | $189K | $253K | $1.4M | $34K | — | View 990 |
| 2014 | $303K | $247K | $1.5M | $43K | — | View 990 |
| 2013 | $261K | $235K | $1.4M | $2K | — | — |
| 2012 | $234K | $233K | $1.4M | $2K | — | View 990 |
| 2011 | $254K | $234K | $1.4M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $310K, expenses of $342K, and assets of $2.2M (revenue +3.4% year-over-year).
- 2022: Revenue of $300K, expenses of $299K, and assets of $2.3M (revenue -5.1% year-over-year).
- 2021: Revenue of $316K, expenses of $289K, and assets of $2.3M (revenue +25.6% year-over-year).
- 2020: Revenue of $252K, expenses of $297K, and assets of $2.2M (revenue -23.6% year-over-year).
- 2019: Revenue of $330K, expenses of $287K, and assets of $2.3M (revenue -64.3% year-over-year).
- 2018: Revenue of $925K, expenses of $257K, and assets of $2.2M (revenue +148.9% year-over-year).
- 2017: Revenue of $372K, expenses of $258K, and assets of $1.6M (revenue +34.3% year-over-year).
- 2016: Revenue of $277K, expenses of $262K, and assets of $1.5M (revenue +46.2% year-over-year).
- 2015: Revenue of $189K, expenses of $253K, and assets of $1.4M (revenue -37.6% year-over-year).
- 2014: Revenue of $303K, expenses of $247K, and assets of $1.5M (revenue +16.0% year-over-year).
- 2013: Revenue of $261K, expenses of $235K, and assets of $1.4M (revenue +11.8% year-over-year).
- 2012: Revenue of $234K, expenses of $233K, and assets of $1.4M (revenue -8.0% year-over-year).
- 2011: Revenue of $254K, expenses of $234K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hobo Lake Club Incorporated:
Data Sources and Methodology
This transparency report for Hobo Lake Club Incorporated 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.