ZUnclassifiedEIN: 540910640· Ruling Year: 1973

Lake Ridge Parks & Recreation Association Inc

Woodbridge, Virginia

A-Health Score
84A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.53×
Peer Median15.40×
💰
$8.2M
Total Revenue
📊
$7.3M
Total Expenses
🏦
$11.2M
Net Assets
📋
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.4%
Year-over-year change (2022 → 2023)
Net Margin
+10.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.53
Net assets divided by total expenses
Liabilities-to-Assets
12.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,150,1201%$7,303,8376%$12,816,4887%
2022$8,267,84012%$7,797,30426%$11,950,5281%
2021$7,365,4408%$6,173,32612%$11,873,71316%
2020$6,847,7466%$7,012,3268%$10,195,8911%
2019$7,291,9285%$6,509,6762%$10,071,8867%
2018$6,952,6554%$6,641,45111%$9,426,4636%
2017$6,675,8585%$5,992,1349%$8,900,73610%
2016$6,341,81710%$5,511,4094%$8,078,57616%
2015$5,774,4113%$5,315,7024%$6,993,2965%
2014$5,615,0435%$5,108,4321%$6,664,11114%
2013$5,324,6095%$5,034,8766%$5,820,45110%
2012$5,061,4513%$4,760,9322%$5,292,24914%
2011$4,936,249$4,838,028$4,645,515

Frequently Asked Questions

What does Lake Ridge Parks & Recreation Association Inc do?

Lake Ridge Parks & Recreation Association Inc is a unclassified nonprofit organization based in Virginia. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Ridge Parks & Recreation Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lake Ridge Parks & Recreation Association Inc has a score of 84/100 (Grade: A-). 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 Ridge Parks & Recreation Association Inc generate?

Lake Ridge Parks & Recreation Association Inc reports $8.4M in annual revenue and holds $14.1M in total assets, based on IRS filings.

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