Lake Michigan Junior Golfassociation Inc
Lake Michigan Junior Golfassociation Inc shows strong asset growth and no reported officer compensation, despite a slight operating deficit in the latest year.
EIN: 203856394 · Grand Rapids, MI · NTEE: N6A · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1,087,790 |
| Net Assets | $1.0M |
| Transparency Score | 92/100 |
Is Lake Michigan Junior Golfassociation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lake Michigan Junior Golfassociation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lake Michigan Junior Golfassociation Inc
Lake Michigan Junior Golfassociation Inc (EIN: 203856394) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code N6A. The organization reported total revenue of $1.5M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Michigan Junior Golfassociation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Michigan Junior Golfassociation Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-39,122 |
| Total Assets | $1.1M |
| Total Liabilities | $37K |
| Net Assets | $1.0M |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Lake Michigan Junior Golfassociation Inc reported a deficit of $39K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lake Michigan Junior Golfassociation Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.2% | +27.9% | -2.1% |
| 2022 | +26.5% | +28.8% | +4.3% |
| 2021 | +16.8% | +34.5% | +15.0% |
| 2020 | +6.7% | +3.3% | +26.6% |
| 2019 | +23.3% | +27.0% | +14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lake Michigan Junior Golfassociation Inc with a Mission Score of 92 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, Lake Michigan Junior Golfassociation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is highly unusual for an organization of its size (latest revenue $1,087,790) and suggests a volunteer-driven leadership model, which maximizes resources for program delivery.
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.
Red Flags
The following concerns were identified during AI analysis of Lake Michigan Junior Golfassociation Inc's IRS 990 filings:
- Slight operating deficit in the latest fiscal year (202312), with expenses ($1,126,912) exceeding revenue ($1,087,790).
Strengths
The following positive indicators were identified for Lake Michigan Junior Golfassociation Inc:
- Consistent and significant growth in revenue and assets over the past decade, indicating strong financial health.
- Zero reported officer compensation across all filings, demonstrating a strong commitment to directing funds towards its mission.
- Healthy asset-to-liability ratio, with assets consistently far exceeding liabilities.
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency and compliance.
- Clear mission alignment with NTEE code N6A (Amateur Sports) and organizational name.
Frequently Asked Questions about Lake Michigan Junior Golfassociation Inc
Is Lake Michigan Junior Golfassociation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Michigan Junior Golfassociation Inc (EIN: 203856394) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Lake Michigan Junior Golfassociation Inc spend its money?
Lake Michigan Junior Golfassociation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lake Michigan Junior Golfassociation Inc tax-deductible?
Lake Michigan Junior Golfassociation Inc is registered as a tax-exempt nonprofit (EIN: 203856394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lake Michigan Junior Golfassociation Inc CEO make?
Lake Michigan Junior Golfassociation Inc's highest-compensated officer earns $1,087,790 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lake Michigan Junior Golfassociation Inc's spending goes to programs?
Lake Michigan Junior Golfassociation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lake Michigan Junior Golfassociation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lake Michigan Junior Golfassociation Inc is above average for NTEE category N6A nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lake Michigan Junior Golfassociation Inc located?
Lake Michigan Junior Golfassociation Inc is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 203856394. It is classified under NTEE code N6A.
How many years of IRS 990 filings does Lake Michigan Junior Golfassociation Inc have?
Lake Michigan Junior Golfassociation Inc 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 $1.5M in total revenue.
Is Lake Michigan Junior Golfassociation Inc a good charity?
Based on the available data, Lake Michigan Junior Golfassociation Inc appears to be a very good charity. It demonstrates strong financial growth, excellent transparency with 0% officer compensation, and a clear focus on its mission as indicated by its NTEE code and lack of executive salaries.
How has the organization's financial health changed over time?
The organization has shown remarkable financial growth, with revenue increasing from $203,265 in 2014 to $1,087,790 in 2023, and assets growing from $191,919 to $1,064,920 over the same period. This indicates a strong and expanding financial base.
What is the organization's approach to executive compensation?
Lake Michigan Junior Golfassociation Inc reports 0% officer compensation in all available filings, meaning no salaries or other forms of compensation are paid to its officers. This is a highly positive indicator of resource allocation directly to its programs.
Does the organization spend efficiently?
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary, the consistent 0% officer compensation strongly suggests efficient spending by minimizing overhead related to executive salaries. The overall expense ratio to revenue is generally healthy, with expenses often slightly below or near revenue.
Are there any concerns about the organization's liabilities?
Liabilities have remained relatively low compared to assets, ranging from $0 in 2014-2015 to $93,864 in 2020 and $37,181 in 2023. This indicates a healthy balance sheet and low financial risk.
Filing History
IRS 990 filing history for Lake Michigan Junior Golfassociation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lake Michigan Junior Golfassociation Inc's revenue has grown by 1325.2%, moving from $76K to $1.1M. Total assets increased by 3082.5% over the same period, from $33K to $1.1M. Total functional expenses rose by 2529.2%, from $43K to $1.1M. In its most recent filing year (2023), Lake Michigan Junior Golfassociation Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $37K in liabilities against $1.1M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $1.1M | $37K | — | View 990 |
| 2022 | $936K | $881K | $1.1M | $21K | — | View 990 |
| 2021 | $740K | $684K | $1.0M | $31K | — | View 990 |
| 2020 | $634K | $509K | $906K | $94K | — | View 990 |
| 2019 | $594K | $493K | $716K | $28K | — | View 990 |
| 2018 | $482K | $388K | $625K | $39K | — | View 990 |
| 2017 | $364K | $319K | $525K | $32K | — | View 990 |
| 2016 | $450K | $236K | $463K | $17K | — | View 990 |
| 2015 | $233K | $180K | $244K | $0 | — | View 990 |
| 2014 | $203K | $151K | $192K | $0 | — | View 990 |
| 2013 | $144K | $97K | $139K | $0 | — | View 990 |
| 2012 | $143K | $84K | $93K | $0 | — | View 990 |
| 2011 | $76K | $43K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $1.1M (revenue +16.2% year-over-year).
- 2022: Revenue of $936K, expenses of $881K, and assets of $1.1M (revenue +26.5% year-over-year).
- 2021: Revenue of $740K, expenses of $684K, and assets of $1.0M (revenue +16.8% year-over-year).
- 2020: Revenue of $634K, expenses of $509K, and assets of $906K (revenue +6.7% year-over-year).
- 2019: Revenue of $594K, expenses of $493K, and assets of $716K (revenue +23.3% year-over-year).
- 2018: Revenue of $482K, expenses of $388K, and assets of $625K (revenue +32.3% year-over-year).
- 2017: Revenue of $364K, expenses of $319K, and assets of $525K (revenue -19.0% year-over-year).
- 2016: Revenue of $450K, expenses of $236K, and assets of $463K (revenue +93.5% year-over-year).
- 2015: Revenue of $233K, expenses of $180K, and assets of $244K (revenue +14.4% year-over-year).
- 2014: Revenue of $203K, expenses of $151K, and assets of $192K (revenue +41.6% year-over-year).
- 2013: Revenue of $144K, expenses of $97K, and assets of $139K (revenue +0.1% year-over-year).
- 2012: Revenue of $143K, expenses of $84K, and assets of $93K (revenue +88.0% year-over-year).
- 2011: Revenue of $76K, expenses of $43K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Michigan Junior Golfassociation Inc:
Data Sources and Methodology
This transparency report for Lake Michigan Junior Golfassociation 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.