Lake Shawnee Club Inc
Lake Shawnee Club Inc: Stable Finances, Low Program Spending
EIN: 221614366 · Wharton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $278K |
| Total Expenses | $218K |
| Program Spending | 10% |
| Net Assets | $670K |
| Transparency Score | 60/100 |
Is Lake Shawnee Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lake Shawnee Club Inc directs 10% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Lake Shawnee Club Inc
Lake Shawnee Club Inc (EIN: 221614366) is a nonprofit organization based in Wharton, NJ. The organization reported total revenue of $278K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Shawnee Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Shawnee Club Inc is a small nonprofit that has been operating for 69 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $218K |
| Surplus / Deficit | +$16K |
| Total Assets | $1.1M |
| Total Liabilities | $453K |
| Net Assets | $670K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 40.3% |
| Months of Reserves | 61.8 months |
Financial Health Grade: A
In 2023, Lake Shawnee Club Inc reported a surplus of $16K with revenue exceeding expenses, holds 61.8 months of operating reserves (strong position), has a debt-to-asset ratio of 40.3% (moderate leverage).
Financial Trends
Over 11 years of filings (2012–2023), Lake Shawnee Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | +15.5% | -0.5% |
| 2022 | +6.5% | -1.9% | +1.7% |
| 2021 | -13.4% | +3.2% | +0.3% |
| 2020 | -0.8% | +7.2% | +4.0% |
| 2019 | +5.3% | +3.2% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
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 Shawnee Club Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 80%
- programs: 10%
- fundraising: 10%
According to IRS 990 filings, Lake Shawnee Club Inc allocates its expenses as follows: admin: 80%, programs: 10%, fundraising: 10%. Only 10% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific figures are not provided in the available data.
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 Shawnee Club Inc's IRS 990 filings:
- Program spending appears to be very low relative to total expenses, suggesting a focus on administrative functions rather than direct charitable activities.
- The organization's liabilities are substantial, with 'l' consistently around 45-50% of assets, indicating a significant debt burden.
- The 'c' value consistently being 0% across all years suggests no direct charitable contributions or grants are being made, which is unusual for a nonprofit.
Strengths
The following positive indicators were identified for Lake Shawnee Club Inc:
- The organization maintains a stable asset base, consistently above $1 million over the past several years.
- Revenue has been relatively consistent, ranging from $205,382 to $278,313, indicating a steady income stream.
- Expenses have been well-managed, staying below revenue in most years, contributing to financial stability.
Frequently Asked Questions about Lake Shawnee Club Inc
Is Lake Shawnee Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Shawnee Club Inc (EIN: 221614366) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Lake Shawnee Club Inc spend its money?
Lake Shawnee Club Inc directs 10% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lake Shawnee Club Inc tax-deductible?
Lake Shawnee Club Inc is registered as a tax-exempt nonprofit (EIN: 221614366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lake Shawnee Club Inc's spending goes to programs?
Lake Shawnee Club Inc directs 10% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Lake Shawnee Club Inc located?
Lake Shawnee Club Inc is headquartered in Wharton, New Jersey and files with the IRS under EIN 221614366.
How many years of IRS 990 filings does Lake Shawnee Club Inc have?
Lake Shawnee Club Inc 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 $278K in total revenue.
What does Lake Shawnee Club Inc do?
Lake Shawnee Club Inc is a nonprofit organization in the Unknown sector, located in Wharton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Lake Shawnee Club Inc have?
Lake Shawnee Club Inc reported total revenue of $278,313. Based on 11 IRS 990 filings on record.
What are Lake Shawnee Club Inc's total assets?
Lake Shawnee Club Inc holds total assets of $1,184,330 as reported in IRS 990 filings.
Where is Lake Shawnee Club Inc located?
Lake Shawnee Club Inc is based in Wharton, New Jersey.
What is Lake Shawnee Club Inc's EIN?
Lake Shawnee Club Inc's Employer Identification Number (EIN) is 221614366. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lake Shawnee Club Inc?
Lake Shawnee Club Inc is classified under NTEE code Unknown (Unknown).
Is Lake Shawnee Club Inc a registered 501(c)(3)?
Lake Shawnee Club Inc appears in IRS records (EIN: 221614366). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Lake Shawnee Club Inc file IRS Form 990?
Yes, Lake Shawnee Club Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was Lake Shawnee Club Inc's revenue in 2023?
In the 202303 filing period, Lake Shawnee Club Inc reported total revenue of $234,448, total expenses of $218,156, and net assets of $1,122,899.
Is Lake Shawnee Club Inc's revenue growing or declining?
Lake Shawnee Club Inc's revenue is relatively stable. Revenue went from $229,787 (202203) to $234,448 (202303), a +2.0% change. Based on 11 filings on record.
What is Lake Shawnee Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Lake Shawnee Club Inc covers tax period 202303. It shows revenue of $234,448, expenses of $218,156, total assets of $1,122,899, and liabilities of $452,885.
How much does Lake Shawnee Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Lake Shawnee Club Inc allocates approximately 10% of expenses to program services, 80% to administrative costs, and 10% to fundraising. Overhead costs appear high relative to program spending.
Is Lake Shawnee Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Lake Shawnee Club Inc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Lake Shawnee Club Inc?
The following concerns were identified: Program spending appears to be very low relative to total expenses, suggesting a focus on administrative functions rather than direct charitable activities.. The organization's liabilities are substantial, with 'l' consistently around 45-50% of assets, indicating a significant debt burden.. The 'c' value consistently being 0% across all years suggests no direct charitable contributions or grants are being made, which is unusual for a nonprofit.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Lake Shawnee Club Inc's strengths?
Positive indicators for Lake Shawnee Club Inc include: The organization maintains a stable asset base, consistently above $1 million over the past several years.. Revenue has been relatively consistent, ranging from $205,382 to $278,313, indicating a steady income stream.. Expenses have been well-managed, staying below revenue in most years, contributing to financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Lake Shawnee Club Inc compensate executives?
Executive compensation cannot be assessed as specific figures are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' in filings, what is the primary charitable purpose or activity of Lake Shawnee Club Inc, and how is it funded if not through direct charitable contributions?
The 'c0%' likely indicates that the organization does not make direct charitable grants or contributions to other entities. Its charitable purpose might be related to providing services or maintaining facilities for its members (e.g., a social club or community association), with funding primarily coming from membership fees or other operational revenue rather than public donations.
With 'l' (liabilities) consistently high relative to 'a' (assets), what are the main components of these liabilities, and what is the long-term strategy for managing this debt?
Without more detailed financial statements, the exact components of liabilities are unclear. They could include mortgages, loans, or deferred revenue. A consistent high liability-to-asset ratio suggests a significant portion of assets are financed by debt, which could impact financial flexibility and future investment capacity.
Filing History
IRS 990 filing history for Lake Shawnee Club Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Lake Shawnee Club Inc's revenue has grown by 33.2%, moving from $176K to $234K. Total assets increased by 24.9% over the same period, from $899K to $1.1M. Total functional expenses rose by 59%, from $137K to $218K. In its most recent filing year (2023), Lake Shawnee Club Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $453K in liabilities against $1.1M in assets (debt-to-asset ratio: 40.3%), resulting in net assets of $670K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $234K | $218K | $1.1M | $453K | — | View 990 |
| 2022 | $230K | $189K | $1.1M | $474K | — | View 990 |
| 2021 | $216K | $192K | $1.1M | $496K | — | — |
| 2020 | $249K | $186K | $1.1M | $516K | — | — |
| 2019 | $251K | $174K | $1.1M | $537K | — | View 990 |
| 2017 | $238K | $168K | $948K | $575K | — | View 990 |
| 2016 | $205K | $185K | $895K | $591K | — | View 990 |
| 2015 | $228K | $170K | $915K | $632K | — | View 990 |
| 2014 | $191K | $171K | $857K | $632K | — | View 990 |
| 2013 | $184K | $189K | $863K | $657K | — | View 990 |
| 2012 | $176K | $137K | $899K | $688K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $234K, expenses of $218K, and assets of $1.1M (revenue +2.0% year-over-year).
- 2022: Revenue of $230K, expenses of $189K, and assets of $1.1M (revenue +6.5% year-over-year).
- 2021: Revenue of $216K, expenses of $192K, and assets of $1.1M (revenue -13.4% year-over-year).
- 2020: Revenue of $249K, expenses of $186K, and assets of $1.1M (revenue -0.8% year-over-year).
- 2019: Revenue of $251K, expenses of $174K, and assets of $1.1M (revenue +5.3% year-over-year).
- 2017: Revenue of $238K, expenses of $168K, and assets of $948K (revenue +16.0% year-over-year).
- 2016: Revenue of $205K, expenses of $185K, and assets of $895K (revenue -9.8% year-over-year).
- 2015: Revenue of $228K, expenses of $170K, and assets of $915K (revenue +19.5% year-over-year).
- 2014: Revenue of $191K, expenses of $171K, and assets of $857K (revenue +3.4% year-over-year).
- 2013: Revenue of $184K, expenses of $189K, and assets of $863K (revenue +4.6% year-over-year).
- 2012: Revenue of $176K, expenses of $137K, and assets of $899K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Shawnee Club Inc:
Data Sources and Methodology
This transparency report for Lake Shawnee Club 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.