Rathbun Lake Resort Inc
EIN: 421514538 · Albia, IA · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $14K |
| Net Assets | $-216,928 |
Is Rathbun Lake Resort Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rathbun Lake Resort Inc
Rathbun Lake Resort Inc (EIN: 421514538) is a nonprofit organization based in Albia, IA, classified under NTEE code T30. The organization reported total revenue of $156K and total assets of $130K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rathbun Lake Resort Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rathbun Lake Resort Inc is a small nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $14K |
| Surplus / Deficit | +$180K |
| Total Assets | $155K |
| Total Liabilities | $372K |
| Net Assets | $-216,928 |
| Operating Margin | 92.8% |
| Debt-to-Asset Ratio | 239.8% |
| Months of Reserves | 134.4 months |
Financial Health Grade: A
In 2019, Rathbun Lake Resort Inc reported a surplus of $180K with revenue exceeding expenses, holds 134.4 months of operating reserves (strong position), has a debt-to-asset ratio of 239.8% (high leverage).
Financial Trends
Over 9 years of filings (2011–2019), Rathbun Lake Resort Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -4.4% | -80.0% | +10.1% |
| 2018 | -32.4% | -53.7% | +47.6% |
| 2017 | +148.8% | +18.1% | +209.2% |
| 2016 | -56.3% | -2.4% | -72.0% |
| 2015 | +44.9% | -1.6% | +263.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rathbun Lake Resort 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 Rathbun Lake Resort 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $180K, with revenue exceeding expenses.
- Debt-to-asset ratio: 239.8%.
Frequently Asked Questions about Rathbun Lake Resort Inc
Is Rathbun Lake Resort Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rathbun Lake Resort Inc (EIN: 421514538) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rathbun Lake Resort Inc spend its money?
Detailed spending breakdown data is not yet available for Rathbun Lake Resort Inc. Check back for updated IRS 990 analysis.
Are donations to Rathbun Lake Resort Inc tax-deductible?
Rathbun Lake Resort Inc is registered as a tax-exempt nonprofit (EIN: 421514538). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rathbun Lake Resort Inc located?
Rathbun Lake Resort Inc is headquartered in Albia, Iowa and files with the IRS under EIN 421514538. It is classified under NTEE code T30.
How many years of IRS 990 filings does Rathbun Lake Resort Inc have?
Rathbun Lake Resort Inc has 9 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 $156K in total revenue.
Filing History
IRS 990 filing history for Rathbun Lake Resort Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Rathbun Lake Resort Inc's revenue has grown by 8.5%, moving from $178K to $194K. Total assets increased by 1017.5% over the same period, from $14K to $155K. Total functional expenses fell by 90.7%, from $149K to $14K. In its most recent filing year (2019), Rathbun Lake Resort Inc reported a surplus of $180K, with revenue exceeding expenses. The organization holds $372K in liabilities against $155K in assets (debt-to-asset ratio: 239.8%), resulting in net assets of $-216,928.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $194K | $14K | $155K | $372K | — | View 990 |
| 2018 | $203K | $69K | $141K | $538K | — | View 990 |
| 2017 | $300K | $150K | $95K | $626K | — | View 990 |
| 2016 | $120K | $127K | $31K | $711K | — | View 990 |
| 2015 | $276K | $130K | $110K | $784K | — | View 990 |
| 2014 | $190K | $132K | $30K | $850K | — | View 990 |
| 2013 | $186K | $134K | $21K | $899K | — | View 990 |
| 2012 | $182K | $139K | $16K | $947K | — | View 990 |
| 2011 | $178K | $149K | $14K | $988K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $194K, expenses of $14K, and assets of $155K (revenue -4.4% year-over-year).
- 2018: Revenue of $203K, expenses of $69K, and assets of $141K (revenue -32.4% year-over-year).
- 2017: Revenue of $300K, expenses of $150K, and assets of $95K (revenue +148.8% year-over-year).
- 2016: Revenue of $120K, expenses of $127K, and assets of $31K (revenue -56.3% year-over-year).
- 2015: Revenue of $276K, expenses of $130K, and assets of $110K (revenue +44.9% year-over-year).
- 2014: Revenue of $190K, expenses of $132K, and assets of $30K (revenue +2.4% year-over-year).
- 2013: Revenue of $186K, expenses of $134K, and assets of $21K (revenue +1.9% year-over-year).
- 2012: Revenue of $182K, expenses of $139K, and assets of $16K (revenue +2.1% year-over-year).
- 2011: Revenue of $178K, expenses of $149K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rathbun Lake Resort Inc:
Data Sources and Methodology
This transparency report for Rathbun Lake Resort 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.