Roseau Lake Of The Woods Sportsman Club

Roseau Lake Of The Woods Sportsman Club experiences recent deficit despite revenue growth, maintains volunteer leadership.

EIN: 205070541 · Warroad, MN · NTEE: N99 · Updated: 2026-03-28

$193KRevenue
$178KGross Revenue
$49KAssets
75/100Mission Score (Good)
N99
Roseau Lake Of The Woods Sportsman Club Financial Summary
MetricValue
Total Revenue$193K
Total Expenses$207K
Program Spending80%
CEO/Top Officer Pay$193,140.
Net Assets$32K
Transparency Score75/100

Is Roseau Lake Of The Woods Sportsman Club Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Roseau Lake Of The Woods Sportsman Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Roseau Lake Of The Woods Sportsman Club

Roseau Lake Of The Woods Sportsman Club (EIN: 205070541) is a nonprofit organization based in Warroad, MN, classified under NTEE code N99. The organization reported total revenue of $193K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roseau Lake Of The Woods Sportsman Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

12Years Operating
SmallSize Classification
5Years of Filings
MixedRevenue Trajectory

Roseau Lake Of The Woods Sportsman Club is a small nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 20.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$189K
Total Expenses$207K
Surplus / Deficit$-18,304
Total Assets$36K
Total Liabilities$4K
Net Assets$32K
Operating Margin-9.7%
Debt-to-Asset Ratio11.2%
Months of Reserves2.1 months

Financial Health Grade: C

In 2023, Roseau Lake Of The Woods Sportsman Club reported a deficit of $18K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 11.2% (very low leverage).

Financial Trends

Over 5 years of filings (2019–2023), Roseau Lake Of The Woods Sportsman Club's revenue has grown at a compound annual growth rate (CAGR) of 20.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+27.8%+53.6%-33.9%
2022+168.3%+120.2%+45.4%
2021-31.3%-17.9%-0.4%
2020-10.6%+11.2%+4.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2014

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Roseau Lake Of The Woods Sportsman Club demonstrates a fluctuating financial performance over the past five years. While revenue has seen significant growth, particularly between 2021 and 2023, expenses have also increased, leading to a deficit in the most recent filing period (202303) where expenses ($206,886) exceeded revenue ($188,582). The organization's assets have remained relatively stable, hovering around $35,000-$53,000, with a slight increase in liabilities in the last two periods. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence regarding executive pay. However, the recent deficit warrants closer monitoring to ensure long-term financial stability. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operation with no reported officer compensation suggests a lean operational structure at the top. The organization's primary focus, as implied by its name, is likely on local sports and conservation activities, which typically have direct program costs. The recent increase in expenses relative to revenue suggests either an expansion of activities or rising operational costs that need to be managed. In terms of transparency, the organization consistently files its IRS Form 990, which is a fundamental aspect of nonprofit transparency. The readily available filing history allows for an overview of its financial trends. The absence of officer compensation is clearly reported, enhancing trust. To further improve transparency, a more detailed breakdown of how expenses are allocated across programs, administration, and fundraising would be beneficial for stakeholders.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Roseau Lake Of The Woods Sportsman Club with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Roseau Lake Of The Woods Sportsman Club 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 (2023)

From the most recent IRS 990 filing on record:

$189KTotal Revenue
$207KTotal Expenses
$36KTotal Assets
$4KTotal Liabilities
$32KNet Assets

Executive Compensation Analysis

Executive compensation is reported at 0% across all five filing periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with recent revenues up to $193,140.

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.

Red Flags

The following concerns were identified during AI analysis of Roseau Lake Of The Woods Sportsman Club's IRS 990 filings:

Strengths

The following positive indicators were identified for Roseau Lake Of The Woods Sportsman Club:

Frequently Asked Questions about Roseau Lake Of The Woods Sportsman Club

Is Roseau Lake Of The Woods Sportsman Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Roseau Lake Of The Woods Sportsman Club (EIN: 205070541) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

How does Roseau Lake Of The Woods Sportsman Club spend its money?

Roseau Lake Of The Woods Sportsman Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Roseau Lake Of The Woods Sportsman Club tax-deductible?

Roseau Lake Of The Woods Sportsman Club is registered as a tax-exempt nonprofit (EIN: 205070541). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Roseau Lake Of The Woods Sportsman Club CEO make?

Roseau Lake Of The Woods Sportsman Club's highest-compensated officer earns $193,140. annually. The organization reported $193K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Roseau Lake Of The Woods Sportsman Club's spending goes to programs?

Roseau Lake Of The Woods Sportsman Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Roseau Lake Of The Woods Sportsman Club compare to similar nonprofits?

With a transparency score of 75/100 (Good), Roseau Lake Of The Woods Sportsman Club is above average for NTEE category N99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Roseau Lake Of The Woods Sportsman Club located?

Roseau Lake Of The Woods Sportsman Club is headquartered in Warroad, Minnesota and files with the IRS under EIN 205070541. It is classified under NTEE code N99.

How many years of IRS 990 filings does Roseau Lake Of The Woods Sportsman Club have?

Roseau Lake Of The Woods Sportsman Club has 5 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 $193K in total revenue.

Is Roseau Lake Of The Woods Sportsman Club financially stable given the recent deficit?

While the 202303 filing shows expenses ($206,886) exceeding revenue ($188,582), the organization has historically managed its finances, with positive net income in 202203 and 202003. Its assets of $48,832 provide some buffer, but continued deficits would be a concern for long-term stability.

How does the lack of officer compensation impact the organization?

The 0% officer compensation across all filings indicates a volunteer-driven leadership, which can significantly reduce administrative overhead and ensure more funds are available for programs. This is a strong positive for donor confidence and efficiency.

What caused the significant increase in revenue and expenses between 2021 and 2023?

Revenue jumped from $55,013 in 202103 to $188,582 in 202303, with expenses similarly rising from $61,189 to $206,886. This suggests a significant expansion of activities, programs, or fundraising efforts, which would ideally be detailed in the full 990 filing.

Filing History

IRS 990 filing history for Roseau Lake Of The Woods Sportsman Club showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2019–2023), Roseau Lake Of The Woods Sportsman Club's revenue has grown by 110.6%, moving from $90K to $189K. Total assets decreased by 0.1% over the same period, from $36K to $36K. Total functional expenses rose by 208.6%, from $67K to $207K. In its most recent filing year (2023), Roseau Lake Of The Woods Sportsman Club reported a deficit of $18K, with expenses exceeding revenue. The organization holds $4K in liabilities against $36K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $32K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $189K $207K $36K $4K View 990
2022 $148K $135K $54K $4K View 990
2021 $55K $61K $37K $0 View 990
2020 $80K $75K $37K $0 View 990
2019 $90K $67K $36K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Roseau Lake Of The Woods Sportsman Club:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing

Data Sources and Methodology

This transparency report for Roseau Lake Of The Woods Sportsman Club 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.

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