ZUnclassifiedEIN: 411657571· Ruling Year: 1992

Lake Washington Improvement Association Inc

Mankato, Minnesota

BHealth Score
56B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$72K
Total Revenue
📊
$87K
Total Expenses
🏦
$332K
Net Assets
📋
$2K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.8%
Year-over-year change (2022 → 2023)
Net Margin
-20.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.84
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$72,10827%$86,50812%$334,0484%
2022$56,84981%$97,88271%$346,88011%
2021$305,06266%$335,590120%$389,3327%
2020$183,5289%$152,4461%$418,4498%
2019$201,984136%$151,401235%$387,52015%
2018$85,68385%$45,19092%$336,22314%
2017$570,67476%$536,55639%$296,03213%
2016$324,82433%$386,39078%$261,61222%
2015$243,843100%$217,554284%$335,2279%
2014$121,96944%$56,63219%$307,15425%
2013$84,839226%$69,857168%$245,3214%
2012$26,041$26,061$236,779

Frequently Asked Questions

What does Lake Washington Improvement Association Inc do?

Lake Washington Improvement Association Inc is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Washington Improvement Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lake Washington Improvement Association Inc has a score of 56/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lake Washington Improvement Association Inc generate?

Lake Washington Improvement Association Inc reports $105K in annual revenue and holds $293K in total assets, based on IRS filings.

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