Lake Trails Base Camp Inc
EIN: 410916005 · Warroad, MN
| Metric | Value |
|---|---|
| Total Revenue | $223K |
| Total Expenses | $228K |
| Net Assets | $446K |
Is Lake Trails Base Camp Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Trails Base Camp Inc
Lake Trails Base Camp Inc (EIN: 410916005) is a nonprofit organization based in Warroad, MN. The organization reported total revenue of $223K and total assets of $444K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Trails Base Camp Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Trails Base Camp Inc is a small nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $210K |
| Total Expenses | $228K |
| Surplus / Deficit | $-17,538 |
| Total Assets | $447K |
| Total Liabilities | $1K |
| Net Assets | $446K |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 23.6 months |
Financial Health Grade: B
In 2023, Lake Trails Base Camp Inc reported a deficit of $18K with expenses exceeding revenue, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lake Trails Base Camp Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +101.2% | +130.7% | -1.5% |
| 2022 | -15.5% | -9.0% | -9.6% |
| 2021 | +24.6% | -5.5% | +18.1% |
| 2020 | -53.6% | -48.5% | -5.0% |
| 2019 | +0.1% | +9.6% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Trails Base Camp Inc 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 Trails Base Camp Inc 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 $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Lake Trails Base Camp Inc
Is Lake Trails Base Camp Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Trails Base Camp Inc (EIN: 410916005) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lake Trails Base Camp Inc spend its money?
Detailed spending breakdown data is not yet available for Lake Trails Base Camp Inc. Check back for updated IRS 990 analysis.
Are donations to Lake Trails Base Camp Inc tax-deductible?
Lake Trails Base Camp Inc is registered as a tax-exempt nonprofit (EIN: 410916005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Trails Base Camp Inc located?
Lake Trails Base Camp Inc is headquartered in Warroad, Minnesota and files with the IRS under EIN 410916005.
How many years of IRS 990 filings does Lake Trails Base Camp Inc have?
Lake Trails Base Camp 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 $223K in total revenue.
Filing History
IRS 990 filing history for Lake Trails Base Camp Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lake Trails Base Camp Inc's revenue has grown by 59%, moving from $132K to $210K. Total assets decreased by 15.7% over the same period, from $531K to $447K. Total functional expenses rose by 0.3%, from $227K to $228K. In its most recent filing year (2023), Lake Trails Base Camp Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1K in liabilities against $447K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $446K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $210K | $228K | $447K | $1K | — | View 990 |
| 2022 | $104K | $99K | $454K | $6K | — | View 990 |
| 2021 | $124K | $108K | $502K | $50K | — | — |
| 2020 | $99K | $115K | $425K | $5K | — | View 990 |
| 2019 | $214K | $223K | $448K | $3K | — | View 990 |
| 2018 | $214K | $203K | $447K | $2K | — | View 990 |
| 2017 | $222K | $192K | $448K | $5K | — | View 990 |
| 2016 | $216K | $207K | $412K | $5K | — | View 990 |
| 2015 | $189K | $206K | $404K | $9K | — | View 990 |
| 2014 | $164K | $217K | $420K | $7K | — | View 990 |
| 2013 | $136K | $217K | $462K | $1K | — | View 990 |
| 2012 | $224K | $223K | $534K | $149 | — | View 990 |
| 2011 | $132K | $227K | $531K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $210K, expenses of $228K, and assets of $447K (revenue +101.2% year-over-year).
- 2022: Revenue of $104K, expenses of $99K, and assets of $454K (revenue -15.5% year-over-year).
- 2021: Revenue of $124K, expenses of $108K, and assets of $502K (revenue +24.6% year-over-year).
- 2020: Revenue of $99K, expenses of $115K, and assets of $425K (revenue -53.6% year-over-year).
- 2019: Revenue of $214K, expenses of $223K, and assets of $448K (revenue +0.1% year-over-year).
- 2018: Revenue of $214K, expenses of $203K, and assets of $447K (revenue -3.8% year-over-year).
- 2017: Revenue of $222K, expenses of $192K, and assets of $448K (revenue +2.7% year-over-year).
- 2016: Revenue of $216K, expenses of $207K, and assets of $412K (revenue +14.2% year-over-year).
- 2015: Revenue of $189K, expenses of $206K, and assets of $404K (revenue +15.4% year-over-year).
- 2014: Revenue of $164K, expenses of $217K, and assets of $420K (revenue +20.7% year-over-year).
- 2013: Revenue of $136K, expenses of $217K, and assets of $462K (revenue -39.4% year-over-year).
- 2012: Revenue of $224K, expenses of $223K, and assets of $534K (revenue +69.5% year-over-year).
- 2011: Revenue of $132K, expenses of $227K, and assets of $531K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Trails Base Camp Inc:
Data Sources and Methodology
This transparency report for Lake Trails Base Camp 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.