Rush Lake Improvement Association
EIN: 411650406 · Rush City, MN · NTEE: C32
| Metric | Value |
|---|---|
| Total Revenue | $10.7M |
| Total Expenses | $251K |
| Net Assets | $601K |
Is Rush Lake Improvement Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rush Lake Improvement Association
Rush Lake Improvement Association (EIN: 411650406) is a nonprofit organization based in Rush City, MN, classified under NTEE code C32. The organization reported total revenue of $10.7M and total assets of $738K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rush Lake Improvement Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rush Lake Improvement Association is a large nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 19.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $230K |
| Total Expenses | $251K |
| Surplus / Deficit | $-20,517 |
| Total Assets | $602K |
| Total Liabilities | $710 |
| Net Assets | $601K |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 28.8 months |
Financial Health Grade: B
In 2024, Rush Lake Improvement Association reported a deficit of $21K with expenses exceeding revenue, holds 28.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Rush Lake Improvement Association's revenue has grown at a compound annual growth rate (CAGR) of 19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.1% | +65.8% | -3.2% |
| 2023 | +10.7% | +1.4% | +26.4% |
| 2022 | +8.6% | -35.9% | +27.1% |
| 2021 | +25.6% | +51.7% | -3.7% |
| 2020 | +22.9% | +32.1% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rush Lake Improvement 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 Rush Lake Improvement 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Rush Lake Improvement Association
Is Rush Lake Improvement Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Rush Lake Improvement Association (EIN: 411650406) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rush Lake Improvement Association spend its money?
Detailed spending breakdown data is not yet available for Rush Lake Improvement Association. Check back for updated IRS 990 analysis.
Are donations to Rush Lake Improvement Association tax-deductible?
Rush Lake Improvement Association is registered as a tax-exempt nonprofit (EIN: 411650406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rush Lake Improvement Association located?
Rush Lake Improvement Association is headquartered in Rush City, Minnesota and files with the IRS under EIN 411650406. It is classified under NTEE code C32.
How many years of IRS 990 filings does Rush Lake Improvement Association have?
Rush Lake Improvement Association has 14 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 $10.7M in total revenue.
Filing History
IRS 990 filing history for Rush Lake Improvement Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Rush Lake Improvement Association's revenue has grown by 929.4%, moving from $22K to $230K. Total assets increased by 428.4% over the same period, from $114K to $602K. Total functional expenses rose by 3069%, from $8K to $251K. In its most recent filing year (2024), Rush Lake Improvement Association reported a deficit of $21K, with expenses exceeding revenue. The organization holds $710 in liabilities against $602K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $601K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $230K | $251K | $602K | $710 | — | — |
| 2023 | $281K | $151K | $622K | $0 | — | View 990 |
| 2022 | $254K | $149K | $492K | $0 | — | View 990 |
| 2021 | $234K | $233K | $387K | $0 | — | View 990 |
| 2020 | $186K | $154K | $402K | $16K | — | View 990 |
| 2019 | $152K | $116K | $353K | $0 | — | View 990 |
| 2018 | $188K | $102K | $318K | $0 | — | View 990 |
| 2017 | $132K | $137K | $232K | $0 | — | View 990 |
| 2016 | $120K | $97K | $237K | $0 | — | View 990 |
| 2015 | $117K | $49K | $213K | $0 | — | View 990 |
| 2014 | $80K | $54K | $147K | $3K | — | View 990 |
| 2013 | $53K | $50K | $120K | $2K | — | View 990 |
| 2012 | $38K | $37K | $116K | $65 | — | View 990 |
| 2011 | $22K | $8K | $114K | $79 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $230K, expenses of $251K, and assets of $602K (revenue -18.1% year-over-year).
- 2023: Revenue of $281K, expenses of $151K, and assets of $622K (revenue +10.7% year-over-year).
- 2022: Revenue of $254K, expenses of $149K, and assets of $492K (revenue +8.6% year-over-year).
- 2021: Revenue of $234K, expenses of $233K, and assets of $387K (revenue +25.6% year-over-year).
- 2020: Revenue of $186K, expenses of $154K, and assets of $402K (revenue +22.9% year-over-year).
- 2019: Revenue of $152K, expenses of $116K, and assets of $353K (revenue -19.4% year-over-year).
- 2018: Revenue of $188K, expenses of $102K, and assets of $318K (revenue +42.7% year-over-year).
- 2017: Revenue of $132K, expenses of $137K, and assets of $232K (revenue +9.3% year-over-year).
- 2016: Revenue of $120K, expenses of $97K, and assets of $237K (revenue +3.1% year-over-year).
- 2015: Revenue of $117K, expenses of $49K, and assets of $213K (revenue +46.9% year-over-year).
- 2014: Revenue of $80K, expenses of $54K, and assets of $147K (revenue +49.4% year-over-year).
- 2013: Revenue of $53K, expenses of $50K, and assets of $120K (revenue +38.6% year-over-year).
- 2012: Revenue of $38K, expenses of $37K, and assets of $116K (revenue +71.8% year-over-year).
- 2011: Revenue of $22K, expenses of $8K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rush Lake Improvement Association:
Data Sources and Methodology
This transparency report for Rush Lake Improvement 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.