Tomahawk Lake Association Inc
EIN: 391656369 · Minocqua, WI · NTEE: B990
| Metric | Value |
|---|---|
| Total Revenue | $275K |
| Total Expenses | $297K |
| Net Assets | $278K |
Is Tomahawk Lake Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tomahawk Lake Association Inc
Tomahawk Lake Association Inc (EIN: 391656369) is a nonprofit organization based in Minocqua, WI, classified under NTEE code B990. The organization reported total revenue of $275K and total assets of $278K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tomahawk Lake Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tomahawk Lake Association Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $307K |
| Total Expenses | $297K |
| Surplus / Deficit | +$10K |
| Total Assets | $278K |
| Total Liabilities | $200 |
| Net Assets | $278K |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Tomahawk Lake Association Inc reported a surplus of $10K with revenue exceeding expenses, holds 11.2 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 (2010–2023), Tomahawk Lake Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.0% | +24.8% | -1.6% |
| 2022 | +50.3% | +32.5% | +10.5% |
| 2021 | +10.8% | +18.5% | +2.3% |
| 2020 | +20.5% | -41.7% | +4.1% |
| 2019 | -16.9% | +79.2% | -34.1% |
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 Tomahawk Lake Association 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 Tomahawk Lake Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Tomahawk Lake Association Inc
Is Tomahawk Lake Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tomahawk Lake Association Inc (EIN: 391656369) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tomahawk Lake Association Inc spend its money?
Detailed spending breakdown data is not yet available for Tomahawk Lake Association Inc. Check back for updated IRS 990 analysis.
Are donations to Tomahawk Lake Association Inc tax-deductible?
Tomahawk Lake Association Inc is registered as a tax-exempt nonprofit (EIN: 391656369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tomahawk Lake Association Inc located?
Tomahawk Lake Association Inc is headquartered in Minocqua, Wisconsin and files with the IRS under EIN 391656369. It is classified under NTEE code B990.
How many years of IRS 990 filings does Tomahawk Lake Association Inc have?
Tomahawk Lake Association Inc 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 $275K in total revenue.
Filing History
IRS 990 filing history for Tomahawk Lake Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tomahawk Lake Association Inc's revenue has grown by 46.6%, moving from $209K to $307K. Total assets increased by 4.5% over the same period, from $266K to $278K. Total functional expenses rose by 67.1%, from $178K to $297K. In its most recent filing year (2023), Tomahawk Lake Association Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $200 in liabilities against $278K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $278K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $307K | $297K | $278K | $200 | — | — |
| 2022 | $269K | $238K | $282K | $14K | — | View 990 |
| 2021 | $179K | $180K | $255K | $18K | — | View 990 |
| 2020 | $162K | $152K | $250K | $12K | — | View 990 |
| 2019 | $134K | $260K | $240K | $12K | — | View 990 |
| 2018 | $161K | $145K | $364K | $9K | — | View 990 |
| 2017 | $161K | $143K | $343K | $5K | — | View 990 |
| 2016 | $199K | $191K | $325K | $6K | — | View 990 |
| 2015 | $186K | $173K | $318K | $6K | — | View 990 |
| 2014 | $231K | $220K | $304K | $6K | — | View 990 |
| 2013 | $202K | $170K | $289K | $2K | — | View 990 |
| 2012 | $192K | $232K | $258K | $3K | — | View 990 |
| 2011 | $189K | $156K | $297K | $1K | — | View 990 |
| 2010 | $209K | $178K | $266K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $307K, expenses of $297K, and assets of $278K (revenue +14.0% year-over-year).
- 2022: Revenue of $269K, expenses of $238K, and assets of $282K (revenue +50.3% year-over-year).
- 2021: Revenue of $179K, expenses of $180K, and assets of $255K (revenue +10.8% year-over-year).
- 2020: Revenue of $162K, expenses of $152K, and assets of $250K (revenue +20.5% year-over-year).
- 2019: Revenue of $134K, expenses of $260K, and assets of $240K (revenue -16.9% year-over-year).
- 2018: Revenue of $161K, expenses of $145K, and assets of $364K (revenue +0.1% year-over-year).
- 2017: Revenue of $161K, expenses of $143K, and assets of $343K (revenue -18.9% year-over-year).
- 2016: Revenue of $199K, expenses of $191K, and assets of $325K (revenue +7.0% year-over-year).
- 2015: Revenue of $186K, expenses of $173K, and assets of $318K (revenue -19.6% year-over-year).
- 2014: Revenue of $231K, expenses of $220K, and assets of $304K (revenue +14.1% year-over-year).
- 2013: Revenue of $202K, expenses of $170K, and assets of $289K (revenue +5.7% year-over-year).
- 2012: Revenue of $192K, expenses of $232K, and assets of $258K (revenue +1.3% year-over-year).
- 2011: Revenue of $189K, expenses of $156K, and assets of $297K (revenue -9.7% year-over-year).
- 2010: Revenue of $209K, expenses of $178K, and assets of $266K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tomahawk Lake Association Inc:
Data Sources and Methodology
This transparency report for Tomahawk Lake Association 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.