Hayward Lakes Chapter 13 of Muskies Inc

Nonprofit profile at a glance

EIN
331038315
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2009
Location
Hayward, WI, USA
Phone
7155582835
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Wildlife Preservation, Protection

Official website

Reported finances

Revenue
$92,795
Expenses
$74,255
Assets
$155,465

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

Leadership & pay

13 people listed

Executive titles in this filing

  • MIKE PERSSON (President)
  • TOM KERSTEN (Vice President)

People named in this filing

  • MIKE PERSSON (President)
  • TOM KERSTEN (Vice President)
  • BOB REINERT (Director)

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

The improvement of the amateur sport of muskie fishing and to unite all muskie-fishing interests for the promotion and protection of a high-quality muskellunge sport fishery. We will accomplish this by supporting conservation practices, especially catch and release, and research based on sound scientific merit, and carried out by authorized federal or state agencies, appropriate academic institutions, muskies inc. Chapters and their members. We are committed to the abatement of water pollution, maintenance of records for muskie habitats, growth and range, and the dissemination of muskie information, as well as muskie fishing by youth.

What it reported doing in 2024

Tournaments and other activities and funds expended to improve the amateur sport of muskie fishing and to unite all muskie fishing interests for the promotion and protection of a high quality muskellunge sport fishery.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 87% 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. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 60
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.3%; rating input score 78
  • Program expense ratio: 97.8%; rating input score 98

Transparency & Controls

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

Sustainability

  • Operating margin: 20%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 2.09; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 17.6% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 50th percentile among comparable filings
  • Asset growth: 14.4% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 78.3% of revenue deployed · 97.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $73K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.