Lake Ogemaw Summer Resort Assoc
EIN: 382140374 · West Branch, MI
| Metric | Value |
|---|---|
| Total Expenses | $220K |
| Net Assets | $539K |
Is Lake Ogemaw Summer Resort Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Ogemaw Summer Resort Assoc
Lake Ogemaw Summer Resort Assoc (EIN: 382140374) is a nonprofit organization based in West Branch, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Ogemaw Summer Resort Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Ogemaw Summer Resort Assoc is a small nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $287K |
| Total Expenses | $220K |
| Surplus / Deficit | +$66K |
| Total Assets | $599K |
| Total Liabilities | $59K |
| Net Assets | $539K |
| Operating Margin | 23.1% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 32.6 months |
Financial Health Grade: A
In 2024, Lake Ogemaw Summer Resort Assoc reported a surplus of $66K with revenue exceeding expenses, holds 32.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Lake Ogemaw Summer Resort Assoc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.9% | -5.3% | +26.3% |
| 2023 | +35.6% | -15.8% | +21.9% |
| 2022 | -3.0% | +14.1% | -10.3% |
| 2021 | -5.4% | +19.8% | -0.1% |
| 2020 | +14.8% | +11.6% | +22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Ogemaw Summer Resort Assoc 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 Ogemaw Summer Resort Assoc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Frequently Asked Questions about Lake Ogemaw Summer Resort Assoc
Is Lake Ogemaw Summer Resort Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Ogemaw Summer Resort Assoc (EIN: 382140374) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lake Ogemaw Summer Resort Assoc spend its money?
Detailed spending breakdown data is not yet available for Lake Ogemaw Summer Resort Assoc. Check back for updated IRS 990 analysis.
Are donations to Lake Ogemaw Summer Resort Assoc tax-deductible?
Lake Ogemaw Summer Resort Assoc is registered as a tax-exempt nonprofit (EIN: 382140374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Ogemaw Summer Resort Assoc located?
Lake Ogemaw Summer Resort Assoc is headquartered in West Branch, Michigan and files with the IRS under EIN 382140374.
How many years of IRS 990 filings does Lake Ogemaw Summer Resort Assoc have?
Lake Ogemaw Summer Resort Assoc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Lake Ogemaw Summer Resort Assoc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Lake Ogemaw Summer Resort Assoc's revenue has grown by 21.6%, moving from $236K to $287K. Total assets increased by 221.5% over the same period, from $186K to $599K. Total functional expenses fell by 24.7%, from $293K to $220K. In its most recent filing year (2024), Lake Ogemaw Summer Resort Assoc reported a surplus of $66K, with revenue exceeding expenses. The organization holds $59K in liabilities against $599K in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $539K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $287K | $220K | $599K | $59K | — | — |
| 2023 | $318K | $233K | $474K | $888 | — | View 990 |
| 2022 | $234K | $276K | $389K | $936 | — | View 990 |
| 2021 | $242K | $242K | $434K | $4K | — | View 990 |
| 2020 | $256K | $202K | $434K | $4K | — | View 990 |
| 2019 | $223K | $181K | $355K | $3K | — | View 990 |
| 2018 | $249K | $207K | $351K | $498 | — | View 990 |
| 2017 | $171K | $87K | $309K | $0 | — | View 990 |
| 2016 | $212K | $318K | $179K | $0 | — | View 990 |
| 2015 | $258K | $187K | $285K | $0 | — | View 990 |
| 2014 | $244K | $214K | $214K | $0 | — | View 990 |
| 2013 | $235K | $251K | $184K | $282 | — | View 990 |
| 2012 | $220K | $206K | $200K | $0 | — | View 990 |
| 2011 | $236K | $293K | $186K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $287K, expenses of $220K, and assets of $599K (revenue -9.9% year-over-year).
- 2023: Revenue of $318K, expenses of $233K, and assets of $474K (revenue +35.6% year-over-year).
- 2022: Revenue of $234K, expenses of $276K, and assets of $389K (revenue -3.0% year-over-year).
- 2021: Revenue of $242K, expenses of $242K, and assets of $434K (revenue -5.4% year-over-year).
- 2020: Revenue of $256K, expenses of $202K, and assets of $434K (revenue +14.8% year-over-year).
- 2019: Revenue of $223K, expenses of $181K, and assets of $355K (revenue -10.6% year-over-year).
- 2018: Revenue of $249K, expenses of $207K, and assets of $351K (revenue +45.5% year-over-year).
- 2017: Revenue of $171K, expenses of $87K, and assets of $309K (revenue -19.2% year-over-year).
- 2016: Revenue of $212K, expenses of $318K, and assets of $179K (revenue -17.9% year-over-year).
- 2015: Revenue of $258K, expenses of $187K, and assets of $285K (revenue +5.7% year-over-year).
- 2014: Revenue of $244K, expenses of $214K, and assets of $214K (revenue +3.8% year-over-year).
- 2013: Revenue of $235K, expenses of $251K, and assets of $184K (revenue +6.9% year-over-year).
- 2012: Revenue of $220K, expenses of $206K, and assets of $200K (revenue -6.7% year-over-year).
- 2011: Revenue of $236K, expenses of $293K, and assets of $186K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Ogemaw Summer Resort Assoc:
Data Sources and Methodology
This transparency report for Lake Ogemaw Summer Resort Assoc 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.