Pokegama Lake Association
EIN: 411516320 · Pine City, MN · NTEE: C320
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $101K |
| Net Assets | $536K |
Is Pokegama Lake Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pokegama Lake Association
Pokegama Lake Association (EIN: 411516320) is a nonprofit organization based in Pine City, MN, classified under NTEE code C320. The organization reported total revenue of $5.4M and total assets of $628K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pokegama Lake Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pokegama Lake Association is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $101K |
| Surplus / Deficit | +$50K |
| Total Assets | $538K |
| Total Liabilities | $2K |
| Net Assets | $536K |
| Operating Margin | 33.1% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 64.0 months |
Financial Health Grade: A
In 2023, Pokegama Lake Association reported a surplus of $50K with revenue exceeding expenses, holds 64.0 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), Pokegama Lake Association's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.6% | -18.2% | +10.1% |
| 2022 | -20.2% | +121.2% | -1.3% |
| 2021 | +1196.5% | +76.1% | +21.6% |
| 2020 | -86.9% | -30.5% | -4.8% |
| 2019 | +44.5% | -37.1% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pokegama Lake 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 Pokegama Lake 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 surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Pokegama Lake Association
Is Pokegama Lake Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Pokegama Lake Association (EIN: 411516320) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pokegama Lake Association spend its money?
Detailed spending breakdown data is not yet available for Pokegama Lake Association. Check back for updated IRS 990 analysis.
Are donations to Pokegama Lake Association tax-deductible?
Pokegama Lake Association is registered as a tax-exempt nonprofit (EIN: 411516320). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pokegama Lake Association located?
Pokegama Lake Association is headquartered in Pine City, Minnesota and files with the IRS under EIN 411516320. It is classified under NTEE code C320.
How many years of IRS 990 filings does Pokegama Lake Association have?
Pokegama Lake 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 $5.4M in total revenue.
Filing History
IRS 990 filing history for Pokegama Lake Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pokegama Lake Association's revenue has grown by 786.9%, moving from $17K to $151K. Total assets increased by 32.9% over the same period, from $405K to $538K. Total functional expenses rose by 86.7%, from $54K to $101K. In its most recent filing year (2023), Pokegama Lake Association reported a surplus of $50K, with revenue exceeding expenses. The organization holds $2K in liabilities against $538K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $536K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $101K | $538K | $2K | — | — |
| 2022 | $115K | $123K | $489K | $2K | — | View 990 |
| 2021 | $143K | $56K | $495K | $89 | — | View 990 |
| 2020 | $11K | $32K | $407K | $75 | — | View 990 |
| 2019 | $85K | $46K | $428K | $47 | — | View 990 |
| 2018 | $59K | $72K | $393K | $4K | — | View 990 |
| 2017 | $67K | $61K | $406K | $3K | — | — |
| 2016 | $65K | $55K | $397K | $348 | — | View 990 |
| 2015 | $33K | $42K | $389K | $3K | — | View 990 |
| 2014 | $40K | $48K | $400K | $5K | — | View 990 |
| 2013 | $54K | $52K | $408K | $5K | — | View 990 |
| 2012 | $52K | $54K | $406K | $5K | — | View 990 |
| 2011 | $17K | $54K | $405K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $101K, and assets of $538K (revenue +31.6% year-over-year).
- 2022: Revenue of $115K, expenses of $123K, and assets of $489K (revenue -20.2% year-over-year).
- 2021: Revenue of $143K, expenses of $56K, and assets of $495K (revenue +1196.5% year-over-year).
- 2020: Revenue of $11K, expenses of $32K, and assets of $407K (revenue -86.9% year-over-year).
- 2019: Revenue of $85K, expenses of $46K, and assets of $428K (revenue +44.5% year-over-year).
- 2018: Revenue of $59K, expenses of $72K, and assets of $393K (revenue -11.9% year-over-year).
- 2017: Revenue of $67K, expenses of $61K, and assets of $406K (revenue +2.2% year-over-year).
- 2016: Revenue of $65K, expenses of $55K, and assets of $397K (revenue +97.0% year-over-year).
- 2015: Revenue of $33K, expenses of $42K, and assets of $389K (revenue -17.3% year-over-year).
- 2014: Revenue of $40K, expenses of $48K, and assets of $400K (revenue -25.4% year-over-year).
- 2013: Revenue of $54K, expenses of $52K, and assets of $408K (revenue +2.7% year-over-year).
- 2012: Revenue of $52K, expenses of $54K, and assets of $406K (revenue +207.2% year-over-year).
- 2011: Revenue of $17K, expenses of $54K, and assets of $405K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pokegama Lake Association:
Data Sources and Methodology
This transparency report for Pokegama Lake 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.