Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
EIN 38-2864400 • 501(c)3 • Roscommon, MI
Profile
To preserve and enhance higgins lake as a public recreation facility.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
Liabilities / Revenue
25th percentile
Higher debt load relative to revenue than 25% of similar nonprofits.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
54th percentile
Higher top officer pay than 54% of similar nonprofits.
Top officer pay equals 10.2% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
77th percentile
Faster revenue growth than 77% of similar nonprofits.
Assets
Up$2,428,195
Up $263,374 (+12%) from 2023
Liabilities
Down$1,939
Down $230 (-11%) from 2023
Net Assets
Up$2,426,256
Up $263,604 (+12%) from 2023
Revenue
Up$410,917
Up $214,044 (+109%) from 2023
Expenses
Up$277,635
Up $73,766 (+36%) from 2023
Net Income
Up$133,282
Up $140,278 (+2005%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To preserve and enhance higgins lake as a public recreation facility.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $1,908,427 | $2,050,640 | ▲ $142,213 |
| Cash and Non-Interest-Bearing Accounts | $95,819 | $194,059 | ▲ $98,240 |
| Savings and Temporary Cash Investments | $160,109 | $183,296 | ▲ $23,187 |
| Land, Buildings, and Equipment, Net | $466 | $200 | ▼ $266 |
| Total Assets | $2,164,821 | $2,428,195 | ▲ $263,374 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $2,169 | $1,939 | ▼ $230 |
| Total Liabilities | $2,169 | $1,939 | ▼ $230 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,143,119 | $2,413,333 | ▲ $270,214 |
| Net Assets With Donor Restrictions | $19,533 | $12,923 | ▼ $6,610 |
| Total Net Assets Fund Balance | $2,162,652 | $2,426,256 | ▲ $263,604 |
| Total Liabilities and Net Assets / Fund Balance | $2,164,821 | $2,428,195 | ▲ $263,374 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $200 | $11,244 | $11,444 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Denise Becker | Executive Di | PT | $7,989 | $7,989 |
| Name | Title |
|---|---|
| Vicki Springstead | Chair |
| Rick Meeks | Vice Chair |
| Bill Baker | Trustee |
| Brad Baerlocher | Trustee |
| Jim Kirsch | Trustee |
| John Barta | Trustee |
| Nancy Lamb | Trustee |
| Sara Almirall | Trustee |
| Scott Mcnamara | Trustee |
| Bob Blamer | Secretary |
| Daniel Decker | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $231,818 |
| Salaries, Compensation, and Employee Benefits | $45,817 |
| Total Fundraising Expense | $13,679 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $12,444 | $20,739 | $8,296 | $41,479 |
| Fees for Service Investment Mgmnt Fees | - | $35,721 | - | $35,721 |
| Other Expenses | $18,841 | - | - | $18,841 |
| Advertising | $12,982 | $2,775 | $2,786 | $18,543 |
| Occupancy | - | $17,884 | - | $17,884 |
| Office Expenses | $4,473 | $6,894 | $1,730 | $13,097 |
| Payroll Taxes | $1,302 | $2,169 | $867 | $4,338 |
| Insurance | - | $3,592 | - | $3,592 |
| Fees for Services Legal | - | $2,485 | - | $2,485 |
| Total Functional Expenses | $171,697 | $92,259 | $13,679 | $277,635 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Return is submitted to treasurer and president for review and submission to irs. Board also had opportunity to review.”
“The foundation has a website which includes organizational information and a contact page for requesting any additional information.”
“Promotion of information related to water quality and preservation.”
“Book / tax depreciation difference -266”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1939 |
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PRESERVE AND ENHANCE HIGGINS LAKE AS A PUBLIC RECREATION FACILITY. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 2775 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 12982 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 18543 |
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| IRS990/BackupWthldComplianceInd | 0 | true |
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| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 35721 |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PROMOTION OF INFORMATION RELATED TO WATER QUALITY AND PRESERVATION. |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 102605 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 776944 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 54888 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 43186 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 39782 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 15949 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 170850 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
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| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.60160 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 776944 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | RETURN IS SUBMITTED TO TREASURER AND PRESIDENT FOR REVIEW AND SUBMISSION TO IRS. BOARD ALSO HAD OPPORTUNITY TO REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION HAS A WEBSITE WHICH INCLUDES ORGANIZATIONAL INFORMATION AND A CONTACT PAGE FOR REQUESTING ANY ADDITIONAL INFORMATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOOK / TAX DEPRECIATION DIFFERENCE -266 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 48653 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5172857295 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TYLER J WATTERS CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-10-14T15:16:08-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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