Higgins Lake Property Owners Association
Nonprofit profile at a glance
- EIN
- 386090281
- IRS 990-EZ coverage
- 2015–2025
- Forms available
- Form 990-EZ 2025
- Location
- Roscommon, MI, USA
- Phone
- 9892759181
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $115,016
- Expenses
- $70,615
- Assets
- $228,007
- Liabilities
- $36,748
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- GREG SEMACK (VICE PRESIDENT)
- CHARLENE CORNELL (PRESIDENT)
People named in this filing
- CURT DEVOE (DIRECTOR)
- WAYNE BROOKS (DIRECTOR)
- FRED SWINEHEART (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To protect, preserve and enhance the quality of higgins lake and its surrounding watershed.
What it reported doing in 2025
Protected, preserved and enhanced the quality of higgins lake and its surrounding watershed through various initiatives.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 96% 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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 82
- Sustainability: 77
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.7%; rating input score 42
- Program expense ratio: 65.2%; rating input score 65
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 38.6%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 3.23; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 16.5% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 41.7% of revenue deployed · 65.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $46K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2015 to 2025
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.