Green Lake Property Owners Assoc

Nonprofit profile at a glance

EIN
204069373
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Spicer, MN, USA
Phone
3202353311
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Water Resource, Wetlands Conservation and Management

Official website

Reported finances

Revenue
$47,183
Expenses
$119,623
Assets
$117,065
Liabilities
$33,140

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ERIC MATTISON (PRESIDENT)

People named in this filing

  • ERIC MATTISON (PRESIDENT)
  • ROGER AHRENHOLZ (TREASURER)
  • MEGAN NELSON (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A non-profit organization formed for the protection and improvement of green lake.

What it reported doing in 2024

The purpose of lake management is to greatly reduce the amount of eurasian water milfoil within green lake and control its spread and also to maintain a partnership with middle fork crow river watershed district. Also, education of the general public in order to prevent the spread of aquatic invasive species (including zebra mussels) to and from green lake, including implementation of services to reduce spread of ais. Sewer & water and variance & tax the purpose of the sewer & water committee is to provide recordable water usage for irrigation and other non-sewered uses and the variance & tax committee's purpose is to monitor real estate tax levels, and monitor variances granted to property owners.

Operating model

Revenue model
Earned-program. 86% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 24
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.6%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -153.5%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.28; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: -1.3% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: 14.9% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $112K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.