Prairie Lake Estates Homeowners Cooperative
EIN: 320403047 · Kenosha, WI · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $528K |
| Total Expenses | $413K |
| Net Assets | $949K |
Is Prairie Lake Estates Homeowners Cooperative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prairie Lake Estates Homeowners Cooperative
Prairie Lake Estates Homeowners Cooperative (EIN: 320403047) is a nonprofit organization based in Kenosha, WI, classified under NTEE code L20. The organization reported total revenue of $528K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prairie Lake Estates Homeowners Cooperative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prairie Lake Estates Homeowners Cooperative is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $514K |
| Total Expenses | $413K |
| Surplus / Deficit | +$101K |
| Total Assets | $4.5M |
| Total Liabilities | $3.6M |
| Net Assets | $949K |
| Operating Margin | 19.7% |
| Debt-to-Asset Ratio | 79.0% |
| Months of Reserves | 131.2 months |
Financial Health Grade: A
In 2023, Prairie Lake Estates Homeowners Cooperative reported a surplus of $101K with revenue exceeding expenses, holds 131.2 months of operating reserves (strong position), has a debt-to-asset ratio of 79.0% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Prairie Lake Estates Homeowners Cooperative's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | -1.1% | +1.4% |
| 2022 | +8.6% | +7.7% | +4.1% |
| 2021 | -0.1% | +7.3% | -0.1% |
| 2020 | -3.6% | -2.9% | -5.2% |
| 2019 | -0.2% | -2.1% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prairie Lake Estates Homeowners Cooperative 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 Prairie Lake Estates Homeowners Cooperative 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 $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.0%.
Frequently Asked Questions about Prairie Lake Estates Homeowners Cooperative
Is Prairie Lake Estates Homeowners Cooperative a legitimate charity?
Prairie Lake Estates Homeowners Cooperative (EIN: 320403047) is a registered tax-exempt nonprofit based in Wisconsin. It has 10 years of IRS 990 filings on record. Total revenue: $528K. No red flags identified. Financial health grade: A.
How does Prairie Lake Estates Homeowners Cooperative spend its money?
Prairie Lake Estates Homeowners Cooperative reported $528K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Prairie Lake Estates Homeowners Cooperative tax-deductible?
Prairie Lake Estates Homeowners Cooperative is registered as a tax-exempt nonprofit (EIN: 320403047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prairie Lake Estates Homeowners Cooperative located?
Prairie Lake Estates Homeowners Cooperative is headquartered in Kenosha, Wisconsin and files with the IRS under EIN 320403047. It is classified under NTEE code L20.
How many years of IRS 990 filings does Prairie Lake Estates Homeowners Cooperative have?
Prairie Lake Estates Homeowners Cooperative has 10 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 $528K in total revenue.
Filing History
IRS 990 filing history for Prairie Lake Estates Homeowners Cooperative showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Prairie Lake Estates Homeowners Cooperative's revenue has grown by 9.7%, moving from $468K to $514K. Total assets increased by 16.4% over the same period, from $3.9M to $4.5M. Total functional expenses rose by 15.9%, from $356K to $413K. In its most recent filing year (2023), Prairie Lake Estates Homeowners Cooperative reported a surplus of $101K, with revenue exceeding expenses. The organization holds $3.6M in liabilities against $4.5M in assets (debt-to-asset ratio: 79.0%), resulting in net assets of $949K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $514K | $413K | $4.5M | $3.6M | — | View 990 |
| 2022 | $509K | $417K | $4.4M | $3.6M | — | View 990 |
| 2021 | $469K | $387K | $4.3M | $3.4M | — | View 990 |
| 2020 | $470K | $361K | $4.3M | $3.5M | — | View 990 |
| 2019 | $487K | $372K | $4.5M | $3.8M | — | View 990 |
| 2018 | $488K | $380K | $4.3M | $3.7M | — | View 990 |
| 2017 | $496K | $397K | $4.3M | $3.9M | — | View 990 |
| 2016 | $485K | $398K | $4.3M | $3.9M | — | View 990 |
| 2015 | $485K | $356K | $3.9M | $3.8M | — | View 990 |
| 2014 | $468K | $356K | $3.9M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $514K, expenses of $413K, and assets of $4.5M (revenue +0.8% year-over-year).
- 2022: Revenue of $509K, expenses of $417K, and assets of $4.4M (revenue +8.6% year-over-year).
- 2021: Revenue of $469K, expenses of $387K, and assets of $4.3M (revenue -0.1% year-over-year).
- 2020: Revenue of $470K, expenses of $361K, and assets of $4.3M (revenue -3.6% year-over-year).
- 2019: Revenue of $487K, expenses of $372K, and assets of $4.5M (revenue -0.2% year-over-year).
- 2018: Revenue of $488K, expenses of $380K, and assets of $4.3M (revenue -1.5% year-over-year).
- 2017: Revenue of $496K, expenses of $397K, and assets of $4.3M (revenue +2.3% year-over-year).
- 2016: Revenue of $485K, expenses of $398K, and assets of $4.3M (revenue -0.1% year-over-year).
- 2015: Revenue of $485K, expenses of $356K, and assets of $3.9M (revenue +3.6% year-over-year).
- 2014: Revenue of $468K, expenses of $356K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prairie Lake Estates Homeowners Cooperative:
Data Sources and Methodology
This transparency report for Prairie Lake Estates Homeowners Cooperative 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.