Civic Intelligence

Lake Shawnee Club Inc

EIN 22-1614366 • 501(c)7 • Wharton, NJ

Profile

Non profit lake association

4 W Shawnee TrailWharton, NJ 07885

n/A

Siviq Scores

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

Liabilities / Assets

67th percentile

0.34x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

85th percentile

1.45x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)7 • $1M-$5M nonprofits • Source year 2025

Asset Growth

55th percentile

3.2%

Faster asset growth than 55% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

56th percentile

7.3%

Faster revenue growth than 56% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,184,330

Up $37,218 (+3.2%) from 2024

Liabilities

Down

$404,492

Down $24,032 (-5.6%) from 2024

Net Assets

Up

$779,838

Up $61,250 (+8.5%) from 2024

Revenue

Up

$278,313

Up $18,921 (+7.3%) from 2024

Expenses

Up

$217,063

Up $6,245 (+3.0%) from 2024

Net Income

Up

$61,250

Up $12,676 (+26%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $899,089Liabilities 2012: $688,347Net Assets 2012: $210,7422012Assets 2013: $862,866Liabilities 2013: $656,975Net Assets 2013: $205,8912013Assets 2014: $857,379Liabilities 2014: $631,860Net Assets 2014: $225,5192014Assets 2015: $915,354Liabilities 2015: $632,051Net Assets 2015: $283,3032015Assets 2016: $894,642Liabilities 2016: $591,294Net Assets 2016: $303,3482016Assets 2017: $948,317Liabilities 2017: $575,046Net Assets 2017: $373,2712017Assets 2019: $1,063,286Liabilities 2019: $536,620Net Assets 2019: $526,6662019Assets 2020: $1,105,401Liabilities 2020: $515,966Net Assets 2020: $589,4352020Assets 2021: $1,109,090Liabilities 2021: $496,333Net Assets 2021: $612,7572021Assets 2022: $1,128,065Liabilities 2022: $474,343Net Assets 2022: $653,7222022Assets 2023: $1,122,899Liabilities 2023: $452,885Net Assets 2023: $670,0142023Assets 2024: $1,147,112Liabilities 2024: $428,524Net Assets 2024: $718,5882024Assets 2025: $1,184,330Liabilities 2025: $404,492Net Assets 2025: $779,8382025

Highlighted filing

2025

Assets$1,184,330
Liabilities$404,492
Net Assets$779,838

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2012: $137,1732012Revenue 2013: $184,197Expenses 2013: $189,048Net Income 2013: -$4,8512013Revenue 2014: $190,541Expenses 2014: $170,913Net Income 2014: $19,6282014Revenue 2015: $227,652Expenses 2015: $169,868Net Income 2015: $57,7842015Revenue 2016: $205,382Expenses 2016: $185,337Net Income 2016: $20,0452016Revenue 2017: $238,281Expenses 2017: $168,358Net Income 2017: $69,9232017Revenue 2019: $251,018Expenses 2019: $173,756Net Income 2019: $77,2622019Revenue 2020: $249,118Expenses 2020: $186,349Net Income 2020: $62,7692020Revenue 2021: $215,725Expenses 2021: $192,403Net Income 2021: $23,3222021Revenue 2022: $229,787Expenses 2022: $188,822Net Income 2022: $40,9652022Revenue 2023: $234,448Expenses 2023: $218,156Net Income 2023: $16,2922023Revenue 2024: $259,392Expenses 2024: $210,818Net Income 2024: $48,5742024Revenue 2025: $278,313Expenses 2025: $217,063Net Income 2025: $61,2502025

Highlighted filing

2025

Revenue$278,313
Expenses$217,063
Net Income$61,250

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 16, 2026
Return Version
2024v5.2
Gross Receipts
$278,313
Mission and Program Overview

Mission

Non profit lake association

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,068,972$1,083,307▲ $14,335
Savings and Temporary Cash Investments$76,695$99,190▲ $22,495
Accounts Receivable$162$162→ $0
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,147,112$1,184,330▲ $37,218
Other Assets Total$1,183$1,571▲ $388
Liabilities
Mortgage Notes Payable Secured by Investment Property$428,524$404,492▼ $24,032
Total Liabilities$428,524$404,492▼ $24,032
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$718,588$779,838▲ $61,250
Total Net Assets Fund Balance$718,588$779,838▲ $61,250
Total Liabilities and Net Assets / Fund Balance$1,147,112$1,184,330▲ $37,218

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$707,766$67,882$775,648
Buildings$292,122$102,442$394,564
Land$83,419-$83,419
Equipment-$15,892$15,892
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eric WilsusenPresident
Milton FelterVice President
Vince MatriscianoVice President
Kristeen McconnonSecretary
Marc SandersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,283
Program Service Revenue
$264,282
Investment Income
$5,748
Other Revenue
$0
All Other Contributions
$8,283
Change in Net Assets
$61,250
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,876
Salaries, Compensation, and Employee Benefits$79,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,497--$72,497
All Other Expenses$1,828$25,977-$27,805
Insurance-$13,428-$13,428
Interest-$12,317-$12,317
Depreciation Depletion---$11,518
Other Expenses-$8,000-$8,000
Payroll Taxes$6,690--$6,690
Office Expenses-$4,709-$4,709
Total Functional Expenses$81,015$124,530$0$217,063
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Lake Shawnee Club Inc
EIN
22-1614366
Phone
9736631307
Address
4 W SHAWNEE TRAIL, WHARTON, NJ 07885

Signing Officer

Name
Marc Sanderson
Title
Treasurer
Signed
2026-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Sanderson
Voting Board Members
13
Independent Board Members
0
Employees
0

Preparer

Firm
Michael C Fresco CPA LLC
Address
24 Brant Avenue, Clark, NJ 07066
Preparer
Michael C Fresco CPA
Phone
7323813200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

BANK/CC FEES: Column (A) - Total = $609; Column (B) - Program Services = $0; Column (C) - Management & General = $609; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

BEACH EXPENSES: Column (A) - Total = $6312; Column (B) - Program Services = $0; Column (C) - Management & General = $6312; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

CHANGE IN RESERVES: Column (A) - Total = $-2501; Column (B) - Program Services = $0; Column (C) - Management & General = $-2501; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

FIRE ALARM: Column (A) - Total = $1328; Column (B) - Program Services = $0; Column (C) - Management & General = $1328; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

LAKE SHAW - NEWS: Column (A) - Total = $2537; Column (B) - Program Services = $0; Column (C) - Management & General = $2537; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

LIFE GUARD & WATER SAFETY: Column (A) - Total = $948; Column (B) - Program Services = $0; Column (C) - Management & General = $948; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

MEMBERSHIP EXPENSES: Column (A) - Total = $2967; Column (B) - Program Services = $0; Column (C) - Management & General = $2967; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

PAYROLL SERVICE EXPENSE: Column (A) - Total = $1828; Column (B) - Program Services = $1828; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Postage and Shipping: Column (A) - Total = $887; Column (B) - Program Services = $0; Column (C) - Management & General = $887; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

TELEPHONE: Column (A) - Total = $4395; Column (B) - Program Services = $0; Column (C) - Management & General = $4395; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

UTILITIES: Column (A) - Total = $4728; Column (B) - Program Services = $0; Column (C) - Management & General = $4728; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

WATER TESTING: Column (A) - Total = $3750; Column (B) - Program Services = $0; Column (C) - Management & General = $3750; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

WEBSITE: Column (A) - Total = $17; Column (B) - Program Services = $0; Column (C) - Management & General = $17; Column (D) - Fundraising = $0

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IRS990/SavingsAndTempCashInvstGrp/BOYAmt076695
IRS990/SavingsAndTempCashInvstGrp/EOYAmt099190
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0292122
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0102442
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0394564
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015892
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015892
IRS990ScheduleD/LandGrp/BookValueAmt083419
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt083419
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0707766
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt067882
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0775648
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01083307
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK/CC FEES: Column (A) - Total = $609; Column (B) - Program Services = $0; Column (C) - Management & General = $609; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BEACH EXPENSES: Column (A) - Total = $6312; Column (B) - Program Services = $0; Column (C) - Management & General = $6312; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHANGE IN RESERVES: Column (A) - Total = $-2501; Column (B) - Program Services = $0; Column (C) - Management & General = $-2501; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FIRE ALARM: Column (A) - Total = $1328; Column (B) - Program Services = $0; Column (C) - Management & General = $1328; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LAKE SHAW - NEWS: Column (A) - Total = $2537; Column (B) - Program Services = $0; Column (C) - Management & General = $2537; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LIFE GUARD & WATER SAFETY: Column (A) - Total = $948; Column (B) - Program Services = $0; Column (C) - Management & General = $948; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEMBERSHIP EXPENSES: Column (A) - Total = $2967; Column (B) - Program Services = $0; Column (C) - Management & General = $2967; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PAYROLL SERVICE EXPENSE: Column (A) - Total = $1828; Column (B) - Program Services = $1828; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Postage and Shipping: Column (A) - Total = $887; Column (B) - Program Services = $0; Column (C) - Management & General = $887; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TELEPHONE: Column (A) - Total = $4395; Column (B) - Program Services = $0; Column (C) - Management & General = $4395; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12UTILITIES: Column (A) - Total = $4728; Column (B) - Program Services = $0; Column (C) - Management & General = $4728; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13WATER TESTING: Column (A) - Total = $3750; Column (B) - Program Services = $0; Column (C) - Management & General = $3750; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14WEBSITE: Column (A) - Total = $17; Column (B) - Program Services = $0; Column (C) - Management & General = $17; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01147112
IRS990/TotalAssetsEOYAmt01184330
IRS990/TotalAssetsGrp/BOYAmt01147112
IRS990/TotalAssetsGrp/EOYAmt01184330
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08283
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0124530
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt081015
IRS990/TotalFunctionalExpensesGrp/TotalAmt0217063
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0428524
IRS990/TotalLiabilitiesEOYAmt0404492
IRS990/TotalLiabilitiesGrp/BOYAmt0428524
IRS990/TotalLiabilitiesGrp/EOYAmt0404492
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0718588
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0779838
IRS990/TotalProgramServiceRevenueAmt0264282
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0270030
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0278313
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01147112
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01184330
IRS990/TravelGrp/TotalAmt00
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt07 DUCK POINT TERRACE
IRS990/USAddress/CityNm0WHARTON
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007885
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARC SANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE SHAWNEE CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0221614366
ReturnHeader/Filer/PhoneNum09736631307
ReturnHeader/Filer/USAddress/AddressLine1Txt04 W SHAWNEE TRAIL
ReturnHeader/Filer/USAddress/CityNm0WHARTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007885
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0743066984
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael C Fresco CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024 Brant Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clark
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007066
ReturnHeader/PreparerPersonGrp/PhoneNum07323813200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL C FRESCO CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02026-02-16T20:13:47-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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