Lake Geneva Fresh Air Association
EIN: 362225489 · Williams Bay, WI · NTEE: N20Z
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Net Assets | $3.4M |
Is Lake Geneva Fresh Air Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Geneva Fresh Air Association
Lake Geneva Fresh Air Association (EIN: 362225489) is a nonprofit organization based in Williams Bay, WI, classified under NTEE code N20Z. The organization reported total revenue of $1.3M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Geneva Fresh Air Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Geneva Fresh Air Association is a mid-size nonprofit that has been operating for 75 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$206K |
| Total Assets | $4.2M |
| Total Liabilities | $779K |
| Net Assets | $3.4M |
| Operating Margin | 16.9% |
| Debt-to-Asset Ratio | 18.6% |
| Months of Reserves | 49.7 months |
Financial Health Grade: A
In 2023, Lake Geneva Fresh Air Association reported a surplus of $206K with revenue exceeding expenses, holds 49.7 months of operating reserves (strong position), has a debt-to-asset ratio of 18.6% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Lake Geneva Fresh Air Association's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +4.0% | +3.6% |
| 2021 | -100.0% | -90.8% | +7.2% |
| 2019 | +14.7% | +1.1% | +17.4% |
| 2018 | +7.4% | +3.0% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1951 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Geneva Fresh Air 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 Lake Geneva Fresh Air 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 surplus of $206K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.6%.
Frequently Asked Questions about Lake Geneva Fresh Air Association
Is Lake Geneva Fresh Air Association a legitimate charity?
Lake Geneva Fresh Air Association (EIN: 362225489) is a registered tax-exempt nonprofit based in Wisconsin. It has 11 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Lake Geneva Fresh Air Association spend its money?
Lake Geneva Fresh Air Association reported $1.3M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lake Geneva Fresh Air Association tax-deductible?
Lake Geneva Fresh Air Association is registered as a tax-exempt nonprofit (EIN: 362225489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Geneva Fresh Air Association located?
Lake Geneva Fresh Air Association is headquartered in Williams Bay, Wisconsin and files with the IRS under EIN 362225489. It is classified under NTEE code N20Z.
How many years of IRS 990 filings does Lake Geneva Fresh Air Association have?
Lake Geneva Fresh Air Association has 11 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Lake Geneva Fresh Air Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Lake Geneva Fresh Air Association's revenue has grown by 77.2%, moving from $688K to $1.2M. Total assets increased by 50% over the same period, from $2.8M to $4.2M. Total functional expenses rose by 19.9%, from $845K to $1.0M. In its most recent filing year (2023), Lake Geneva Fresh Air Association reported a surplus of $206K, with revenue exceeding expenses. The organization holds $779K in liabilities against $4.2M in assets (debt-to-asset ratio: 18.6%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.0M | $4.2M | $779K | — | — |
| 2022 | $1.1M | $975K | $4.0M | $791K | — | View 990 |
| 2021 | $0 | $83K | $3.6M | $992K | — | View 990 |
| 2019 | $1.0M | $901K | $3.3M | $997K | — | View 990 |
| 2018 | $889K | $891K | $2.8M | $729K | — | View 990 |
| 2017 | $828K | $865K | $2.7M | $628K | — | View 990 |
| 2016 | $798K | $837K | $2.7M | $673K | — | View 990 |
| 2015 | $848K | $866K | $2.7M | $649K | — | View 990 |
| 2014 | $768K | $854K | $2.8M | $709K | — | View 990 |
| 2012 | $834K | $874K | $2.8M | $518K | — | View 990 |
| 2011 | $688K | $845K | $2.8M | $568K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.0M, and assets of $4.2M (revenue +9.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $975K, and assets of $4.0M.
- 2021: Revenue of $0, expenses of $83K, and assets of $3.6M (revenue -100.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $901K, and assets of $3.3M (revenue +14.7% year-over-year).
- 2018: Revenue of $889K, expenses of $891K, and assets of $2.8M (revenue +7.4% year-over-year).
- 2017: Revenue of $828K, expenses of $865K, and assets of $2.7M (revenue +3.8% year-over-year).
- 2016: Revenue of $798K, expenses of $837K, and assets of $2.7M (revenue -5.8% year-over-year).
- 2015: Revenue of $848K, expenses of $866K, and assets of $2.7M (revenue +10.4% year-over-year).
- 2014: Revenue of $768K, expenses of $854K, and assets of $2.8M (revenue -7.9% year-over-year).
- 2012: Revenue of $834K, expenses of $874K, and assets of $2.8M (revenue +21.2% year-over-year).
- 2011: Revenue of $688K, expenses of $845K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Geneva Fresh Air Association:
Data Sources and Methodology
This transparency report for Lake Geneva Fresh Air 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.