Lake Waggoner Golf Club Association
EIN: 237401463 · Philip, SD
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $161K |
| Net Assets | $78K |
Is Lake Waggoner Golf Club 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 Waggoner Golf Club Association
Lake Waggoner Golf Club Association (EIN: 237401463) is a nonprofit organization based in Philip, SD. The organization reported total revenue of $217K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Waggoner Golf Club Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Waggoner Golf Club Association is a small nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $161K |
| Surplus / Deficit | $-30,365 |
| Total Assets | $79K |
| Total Liabilities | $764 |
| Net Assets | $78K |
| Operating Margin | -23.2% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2023, Lake Waggoner Golf Club Association reported a deficit of $30K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lake Waggoner Golf Club Association's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +14.0% | -27.8% |
| 2022 | -2.1% | +13.4% | -19.4% |
| 2021 | +15.4% | +17.6% | -5.3% |
| 2020 | +13.6% | -6.6% | -2.8% |
| 2019 | -37.9% | -13.4% | -15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Waggoner Golf Club 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 Waggoner Golf Club 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 deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Lake Waggoner Golf Club Association
Is Lake Waggoner Golf Club Association a legitimate charity?
Lake Waggoner Golf Club Association (EIN: 237401463) is a registered tax-exempt nonprofit based in South Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $217K. No red flags identified. Financial health grade: B.
How does Lake Waggoner Golf Club Association spend its money?
Lake Waggoner Golf Club Association reported $217K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lake Waggoner Golf Club Association tax-deductible?
Lake Waggoner Golf Club Association is registered as a tax-exempt nonprofit (EIN: 237401463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Waggoner Golf Club Association located?
Lake Waggoner Golf Club Association is headquartered in Philip, South Dakota and files with the IRS under EIN 237401463.
How many years of IRS 990 filings does Lake Waggoner Golf Club Association have?
Lake Waggoner Golf Club Association 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 $217K in total revenue.
Filing History
IRS 990 filing history for Lake Waggoner Golf Club Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lake Waggoner Golf Club Association's revenue has grown by 47.3%, moving from $89K to $131K. Total assets decreased by 56.6% over the same period, from $181K to $79K. Total functional expenses rose by 71.1%, from $94K to $161K. In its most recent filing year (2023), Lake Waggoner Golf Club Association reported a deficit of $30K, with expenses exceeding revenue. The organization holds $764 in liabilities against $79K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $161K | $79K | $764 | — | — |
| 2022 | $115K | $141K | $109K | $658 | — | View 990 |
| 2021 | $118K | $125K | $135K | $679 | — | View 990 |
| 2020 | $102K | $106K | $143K | $508 | — | — |
| 2019 | $90K | $114K | $147K | $436 | — | View 990 |
| 2018 | $144K | $131K | $174K | $4K | — | View 990 |
| 2017 | $80K | $88K | $177K | $0 | — | View 990 |
| 2016 | $137K | $88K | $198K | $14K | — | View 990 |
| 2015 | $95K | $98K | $142K | $8K | — | View 990 |
| 2014 | $89K | $106K | $156K | $18K | — | View 990 |
| 2013 | $83K | $86K | $162K | $7K | — | View 990 |
| 2012 | $93K | $109K | $168K | $10K | — | View 990 |
| 2011 | $89K | $94K | $181K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $161K, and assets of $79K (revenue +13.6% year-over-year).
- 2022: Revenue of $115K, expenses of $141K, and assets of $109K (revenue -2.1% year-over-year).
- 2021: Revenue of $118K, expenses of $125K, and assets of $135K (revenue +15.4% year-over-year).
- 2020: Revenue of $102K, expenses of $106K, and assets of $143K (revenue +13.6% year-over-year).
- 2019: Revenue of $90K, expenses of $114K, and assets of $147K (revenue -37.9% year-over-year).
- 2018: Revenue of $144K, expenses of $131K, and assets of $174K (revenue +79.3% year-over-year).
- 2017: Revenue of $80K, expenses of $88K, and assets of $177K (revenue -41.5% year-over-year).
- 2016: Revenue of $137K, expenses of $88K, and assets of $198K (revenue +45.0% year-over-year).
- 2015: Revenue of $95K, expenses of $98K, and assets of $142K (revenue +6.3% year-over-year).
- 2014: Revenue of $89K, expenses of $106K, and assets of $156K (revenue +7.6% year-over-year).
- 2013: Revenue of $83K, expenses of $86K, and assets of $162K (revenue -10.8% year-over-year).
- 2012: Revenue of $93K, expenses of $109K, and assets of $168K (revenue +4.7% year-over-year).
- 2011: Revenue of $89K, expenses of $94K, and assets of $181K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Waggoner Golf Club Association:
Data Sources and Methodology
This transparency report for Lake Waggoner Golf Club 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.