Namakagon Lake Association Inc

Nonprofit profile at a glance

EIN
391857612
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Cable, WI, USA
Phone
9522210482
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Water Resource, Wetlands Conservation and Management

Reported finances

Revenue
$113,516
Expenses
$96,236
Assets
$88,466
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Kevin Wiersma (President)
  • Terrance Cramer (President)
  • Cheryl Johnson (Vice President)

People named in this filing

  • Kevin Wiersma (President)
  • Kevin Wiersma (Treasurer and Secretary)
  • Terrance Cramer (President)

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

The primary exempt purposes of this corporation are to support the maintenance, protection, and improvement of the quality of Namakagon lake and in connection therewith to support the prevention of pollution and the protection and improvement of the water quality and fishery of said lake for the benefit of the general public; to support the maintenance of natural shoreline of said lake; to support the protection and enhancement of the aesthetic quality of said lake aesthetic quality of said lake; to support the enhancement of boating and swimming safety; to inform individuals, organizations, and government bodies on problems and possible corrective actions needed for the foregoing purposes; to inform and represent Namakagon Lake users and riparian owners, and Namakagon Lake Association Members in the common interest.

What it reported doing in 2025

Walley Initiative Namakagon Lake Association harvests walleye eggs in the springs and grows walleyes at the Red Cliff Hatchery. Over 6000 fingerling walleyes were released into the lake in 2025.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 100
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84%; rating input score 84
  • Program expense ratio: 99%; rating input score 99

Transparency & Controls

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

Sustainability

  • Operating margin: 15.2%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 22.8% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 49.3% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 21.6% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 84% of revenue deployed · 99% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $95K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 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.

  • Review — Sustainability: Total-asset coverage ratio scored 56/100.