Paradise Lake Association Inc
Paradise Lake Association Inc shows strong revenue and asset growth with zero reported liabilities.
EIN: 113700914 · Arizona City, AZ · NTEE: C32 · Updated: 2026-03-28
Is Paradise Lake Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paradise Lake Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paradise Lake Association Inc
Paradise Lake Association Inc (EIN: 113700914) is a nonprofit organization based in Arizona City, AZ, classified under NTEE code C32. The organization reported total revenue of $199K and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paradise Lake Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paradise Lake Association Inc is a small nonprofit that has been operating for 2 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $81K |
| Surplus / Deficit | $-748 |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | -0.9% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2012, Paradise Lake Association Inc reported a deficit of $748 with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2012), Paradise Lake Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | +3.3% | +14.3% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
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 Paradise Lake Association Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Paradise Lake Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $748, with expenses exceeding revenue.
Executive Compensation Analysis
No officer compensation was reported in the 2011 and 2012 filings, suggesting a volunteer-led organization or compensation levels below IRS reporting thresholds, which is positive for an organization of its size with latest revenue of $198,888.
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.
Strengths
The following positive indicators were identified for Paradise Lake Association Inc:
- Strong revenue growth from $77,373 to $198,888.
- Consistent asset growth from $54,030 to $185,951.
- Zero reported liabilities across all filings, indicating excellent financial health.
- No officer compensation reported in 2011 and 2012 filings, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about Paradise Lake Association Inc
Is Paradise Lake Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Paradise Lake Association Inc (EIN: 113700914) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Paradise Lake Association Inc spend its money?
Paradise Lake Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paradise Lake Association Inc tax-deductible?
Paradise Lake Association Inc is registered as a tax-exempt nonprofit (EIN: 113700914). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Paradise Lake Association Inc a good charity?
Based on the available data, Paradise Lake Association Inc appears to be a well-managed organization with strong financial health, consistent revenue growth, and no reported liabilities. The absence of officer compensation in the provided filings is also a positive sign. A full assessment would benefit from detailed program spending ratios from the latest filing.
How has Paradise Lake Association Inc's revenue changed over time?
Paradise Lake Association Inc has experienced significant revenue growth, increasing from $77,373 in 2011 to $79,900 in 2012, and further to $198,888 in the latest reported period.
What is the organization's asset and liability situation?
The organization has a healthy asset base, growing from $54,030 in 2011 to $185,951 in the latest period. Crucially, all reported filings show $0 in liabilities, indicating excellent financial solvency.
Filing History
IRS 990 filing history for Paradise Lake Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Paradise Lake Association Inc's revenue has grown by 3.3%, moving from $77K to $80K. Total assets decreased by 1.4% over the same period, from $54K to $53K. Total functional expenses rose by 14.3%, from $71K to $81K. In its most recent filing year (2012), Paradise Lake Association Inc reported a deficit of $748, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $80K | $81K | $53K | $0 | — | View 990 |
| 2011 | $77K | $71K | $54K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paradise Lake Association Inc:
Data Sources and Methodology
This transparency report for Paradise Lake Association 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.