Civic Intelligence

Nest Lake Improvement Association

EIN 20-4936656 • 501(c)3 • Spicer, MN

Profile

Improve water quality in nest lake by herbicide and cutting invasive weeds.

PO Box 42Spicer, MN 56288

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

40th percentile

-2.4%

Higher net margin than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

77th percentile

23%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

252%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$221,072

Up $41,322 (+23%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$221,072

Up $41,322 (+23%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin40th percentile

Revenue

Up

$46,624

Up $33,394 (+252%) from 2023

Expenses

Up

$47,738

Up $13,384 (+39%) from 2023

Net Income

Up

-$1,114

Up $20,010 (+95%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth77th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $40,590Liabilities 2011: $782011Assets 2012: $106,906Liabilities 2012: $912012Assets 2013: $109,663Liabilities 2013: $2232013Assets 2014: $106,906Liabilities 2014: $912014Assets 2015: $180,307Liabilities 2015: $2142015Assets 2016: $179,818Liabilities 2016: $02016Assets 2017: $136,757Liabilities 2017: $02017Assets 2018: $171,714Liabilities 2018: $02018Assets 2019: $168,511Liabilities 2019: $642019Assets 2020: $125,506Liabilities 2020: $02020Assets 2021: $189,165Liabilities 2021: $46Net Assets 2021: $189,1192021Assets 2023: $179,750Net Assets 2023: $179,7502023Assets 2024: $221,072Net Assets 2024: $221,0722024

Highlighted filing

2024

Assets$221,072
Liabilities-
Net Assets$221,072
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $40,913Expenses 2011: $43,006Net Income 2011: -$2,0932011Revenue 2012: $127,900Expenses 2012: $61,598Net Income 2012: $66,3022012Revenue 2013: $36,869Expenses 2013: $34,244Net Income 2013: $2,6252013Revenue 2014: $99,637Expenses 2014: $51,499Net Income 2014: $48,1382014Revenue 2015: $76,388Expenses 2015: $53,873Net Income 2015: $22,5152015Revenue 2016: $43,202Expenses 2016: $43,576Net Income 2016: -$3742016Revenue 2017: $6,297Expenses 2017: $49,359Net Income 2017: -$43,0622017Revenue 2018: $92,836Expenses 2018: $57,878Net Income 2018: $34,9582018Revenue 2019: $60,211Expenses 2019: $63,478Net Income 2019: -$3,2672019Revenue 2020: $22,094Expenses 2020: $65,035Net Income 2020: -$42,9412020Revenue 2021: $126,265Expenses 2021: $62,652Net Income 2021: $63,6132021Revenue 2023: $13,230Expenses 2023: $34,354Net Income 2023: -$21,1242023Revenue 2024: $46,624Expenses 2024: $47,738Net Income 2024: -$1,1142024

Highlighted filing

2024

Revenue$46,624
Expenses$47,738
Net Income-$1,114
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$221,072
Liabilities
-
Net assets
$221,072
Revenue
$46,624
Expenses
$47,738
Net income
-$1,114
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.21$2.21$0.47$0.48$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.80$1.80$0.13$0.34$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$1.26$0.63$0.64
2020Summary only. Only limited summary data is available for this year.$1.26$0.00$0.22$0.65$0.43
2019Summary only. Only limited summary data is available for this year.$1.69$0.00$0.60$0.63$0.03
2018Summary only. Only limited summary data is available for this year.$1.72$0.00$0.93$0.58$0.35
2017Summary only. Only limited summary data is available for this year.$1.37$0.00$0.06$0.49$0.43
2016Summary only. Only limited summary data is available for this year.$1.80$0.00$0.43$0.44$0.00
2015Summary only. Only limited summary data is available for this year.$1.80$0.00$0.76$0.54$0.23
2014Summary only. Only limited summary data is available for this year.$1.07$0.00$1.00$0.51$0.48
2013Summary only. Only limited summary data is available for this year.$1.10$0.00$0.37$0.34$0.03
2012Summary only. Only limited summary data is available for this year.$1.07$0.00$1.28$0.62$0.66
2011Summary only. Only limited summary data is available for this year.$0.41$0.00$0.41$0.43$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 1, 2025
Return Version
2024v5.2
Gross Receipts
$46,624
Mission and Program Overview

Mission

Improve water quality in nest lake by herbicide and cutting invasive weeds.

Program Services

DescriptionGrantsExpenses
IMPROVE WATER QUALITY IN NEST LAKE-$44,942
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOEL PETERSONPresident-$0--
WESLEY HOLMBERGVice President-$0--
Filing and Contact Details

Filer

Filer Name
Nest Lake Improvement Association
EIN
20-4936656
Phone
3209790414
Address
PO BOX 42, SPICER, MN 56288

Signing Officer

Name
Wesley Holmberg
Title
Vice President
Signed
2025-07-01
Discuss with paid preparer
Yes

Preparer

Firm
William Taunton CPA LLC
Address
301 HWY 23 S, SPICER, MN 56288
Preparer
Tyler Walstrom
Phone
3207962074
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2160”

Other Expenses.1002

“Office Expenses $34”

Other Expenses.1009

“Depreciation $2895”

Other Expenses.1012

“Insurance $3011”

Other Expenses.1

“Repairs - equipment $10417”

Other Expenses.2

“Weed control supplies $4531”

Other Expenses.3

“Weed cutting consultant $2000”

Other Expenses.4

“EQUIPMENT FUEL $1706”

Other Expenses.5

“MEALS $388”

Other Expenses.6

“PERMITS & LICENSES $266”

Other Assets.1003

“Machinery and Equipment - Beginning $76223 Machinery and Equipment - Ending $73328”

Other Assets.1

“PREPAID EXPENSE - Beginning $222 PREPAID EXPENSE - Ending $222”

Raw XML Appendix163 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPICER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt076445
IRS990EZ/OtherAssetsTotalDetail/EOYAmt073550
IRS990EZ/OtherChangesInNetAssetsAmt042436
IRS990EZ/OtherExpensesTotalAmt027408
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0IMPROVE WATER QUALITY IN NEST LAKE BY HERBICIDE AND CUTTING INVASIVE WEEDS.
IRS990EZ/PrintingPublicationsPostageAmt082
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IMPROVE WATER QUALITY IN NEST LAKE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044942
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt017477
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt047738
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IRS990EZ/TotalRevenueAmt046624
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt046624
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013230
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt018120
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt077974
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0152672
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt074698
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt046624
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0152698
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $34
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $2895
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $3011
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS - EQUIPMENT $10417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WEED CONTROL SUPPLIES $4531
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WEED CUTTING CONSULTANT $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EQUIPMENT FUEL $1706
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEALS $388
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PERMITS & LICENSES $266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Machinery and Equipment - Beginning $76223 Machinery and Equipment - Ending $73328
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PREPAID EXPENSE - Beginning $222 PREPAID EXPENSE - Ending $222
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Assets.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WESLEY HOLMBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEST LAKE IMPROVEMENT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0NEST
ReturnHeader/Filer/EIN0204936656
ReturnHeader/Filer/PhoneNum03209790414
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 42
ReturnHeader/Filer/USAddress/CityNm0SPICER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056288
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475000694
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAM TAUNTON CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 HWY 23 S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPICER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056288
ReturnHeader/PreparerPersonGrp/PhoneNum03207962074
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tyler Walstrom
ReturnHeader/ReturnTs02025-07-01T10:18:11-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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