Minnewaska Lake Association Inc
Nonprofit profile at a glance
- EIN
- 411918491
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Glenwood, MN, USA
- Phone
- 3204240384
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Federated Giving Programs
Reported finances
- Revenue
- $115,393
- Expenses
- $84,804
- Assets
- $129,081
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- STEVE NELSON (President)
People named in this filing
- MARY KRUEGER (Secretary)
- STEVE NELSON (President)
- MIKE STAI (Treasurer/VP)
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
Walleye stocking program as a part of an ongoing project to improve the fisheries in Pope County, MN. MLA supplemented the Minnesota DNR's stocking programs and habitat program in this endeavor. The organization also participates in other efforts to improve the water quality, fish habitat quality and fishery of Lake Minnewaska. These efforts include monitoring water quality, monitoring locations of invasive species and coordinating with other entities in an effort to control invasive species.
What it reported doing in 2024
Walleye stocking program as part of an ongoing project to improve the fisheries in Pope County, MN. MLA supplements the Minnesota DNR's stocking program and habitat program in this endeavor. The organization also provides the lead role in identifying invasive species and working with the Minnesota DNR in the treatment of affected areas of the lake. The organization also took on the "Lets go Fishing" project. This project provides a pontoon staffed by volunteers to take senior citizens of our area out on Lake Minnewaska for fishing, sight seeing and recreational opportunities. The outings happen one to two times per week, weather permitting. As part of the Let's Go Fishing endeavor, the organization acquired the pontoon, motor and trailer formerly owned by the Let's Go Fishing organization, along with assuming the debt on the equipment. This action was taken to assure continuation of the program on Lake Minnewaska. The organization also participates in monitoring and controlling invasive species and water testing and sampling programs and is involved in ongoing discussions involving invasive species, shoreline erosion and water level issues.
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 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. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.2%; rating input score 70
- Program expense ratio: 95.6%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 26.5%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.52; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 13.4% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 70.2% of revenue deployed · 95.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $81K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2011 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.