Civic Intelligence

Lake to Lake Bed & Breakfast Association

EIN 38-2896155 • 501(c)6 • Grand Rapids, MI

Profile

Promote bed and breakfast activities in michigan by providing education and training programs, quality review services, gift card exchange, and group advertising services.

6757 Cascade Road SEGrand Rapids, MI 49546

www.laketolake.com

Siviq Scores

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

Liabilities / Assets

94th percentile

0.76x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

1.10x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

32nd percentile

-9.8%

Higher net margin than 32% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

46th percentile

-3.3%

Faster asset growth than 46% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

-1.3%

Faster revenue growth than 48% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$189,177

Down $6,541 (-3.3%) from 2023

Liabilities

Up

$144,301

Up $4,543 (+3.3%) from 2023

Net Assets

Down

$44,876

Down $11,084 (-20%) from 2023

Revenue

Down

$131,686

Down $1,706 (-1.3%) from 2023

Expenses

Up

$144,586

Up $32,366 (+29%) from 2023

Net Income

Down

-$12,900

Down $34,072 (-161%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2011: $120,780Liabilities 2011: $122,026Net Assets 2011: -$1,2462011Assets 2012: $137,535Liabilities 2012: $96,561Net Assets 2012: $40,9742012Assets 2013: $133,850Liabilities 2013: $123,898Net Assets 2013: $9,9522013Assets 2014: $146,400Liabilities 2014: $127,737Net Assets 2014: $18,6632014Assets 2015: $153,102Liabilities 2015: $127,152Net Assets 2015: $25,9502015Assets 2016: $144,654Liabilities 2016: $120,280Net Assets 2016: $24,3742016Assets 2017: $131,049Liabilities 2017: $98,095Net Assets 2017: $32,9542017Assets 2018: $146,106Liabilities 2018: $87,724Net Assets 2018: $58,3822018Assets 2019: $142,472Liabilities 2019: $111,599Net Assets 2019: $30,8732019Assets 2020: $177,205Liabilities 2020: $145,087Net Assets 2020: $32,1182020Assets 2021: $184,272Liabilities 2021: $155,318Net Assets 2021: $28,9542021Assets 2022: $192,840Liabilities 2022: $158,052Net Assets 2022: $34,7882022Assets 2023: $195,718Liabilities 2023: $139,758Net Assets 2023: $55,9602023Assets 2024: $189,177Liabilities 2024: $144,301Net Assets 2024: $44,8762024

Highlighted filing

2024

Assets$189,177
Liabilities$144,301
Net Assets$44,876

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2011: $83,3382011Expenses 2012: $72,0462012Revenue 2013: $54,877Expenses 2013: $85,922Net Income 2013: -$31,0452013Revenue 2014: $93,829Expenses 2014: $84,747Net Income 2014: $9,0822014Revenue 2015: $91,528Expenses 2015: $84,016Net Income 2015: $7,5122015Revenue 2016: $84,160Expenses 2016: $85,736Net Income 2016: -$1,5762016Revenue 2017: $110,632Expenses 2017: $102,501Net Income 2017: $8,1312017Revenue 2018: $113,516Expenses 2018: $88,464Net Income 2018: $25,0522018Revenue 2019: $90,558Expenses 2019: $92,001Net Income 2019: -$1,4432019Revenue 2020: $60,906Expenses 2020: $59,101Net Income 2020: $1,8052020Revenue 2021: $74,073Expenses 2021: $77,237Net Income 2021: -$3,1642021Revenue 2022: $142,936Expenses 2022: $137,373Net Income 2022: $5,5632022Revenue 2023: $133,392Expenses 2023: $112,220Net Income 2023: $21,1722023Revenue 2024: $131,686Expenses 2024: $144,586Net Income 2024: -$12,9002024

Highlighted filing

2024

Revenue$131,686
Expenses$144,586
Net Income-$12,900

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.89$1.44$0.45$1.32$1.45$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.96$1.40$0.56$1.33$1.12$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.93$1.58$0.35$1.43$1.37$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.84$1.55$0.29$0.74$0.77$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.77$1.45$0.32$0.61$0.59$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.42$1.12$0.31$0.91$0.92$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.46$0.88$0.58$1.14$0.88$0.25
2017Detailed filing. Detailed filing data is available for this year.$1.31$0.98$0.33$1.11$1.03$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.45$1.20$0.24$0.84$0.86$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.53$1.27$0.26$0.92$0.84$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.46$1.28$0.19$0.94$0.85$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.34$1.24$0.10$0.55$0.86$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.97$0.41$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$1.22$0.01$0.83
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 20, 2025
Return Version
2024v5.0
Gross Receipts
$131,686
Mission and Program Overview

Mission

SEE PART 111 (A)

Promote bed and breakfast activities in michigan by providing education and training programs, quality review services, gift card exchange, and group advertising services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$161,118$129,533▼ $31,585
Cash and Non-Interest-Bearing Accounts$35,498$58,695▲ $23,197
Rtn Earn Endowment Incm Other Fnds$55,960$44,876▼ $11,084
Accounts Receivable$-898$949▲ $1,847
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$195,718$189,177▼ $6,541
Liabilities
Deferred Revenue$117,005$122,725▲ $5,720
Unsecured Notes Loans Payable$22,753$21,576▼ $1,177
Total Liabilities$139,758$144,301▲ $4,543
Net Assets / Fund Balance
Total Net Assets Fund Balance$55,960$44,876▼ $11,084
Total Liabilities and Net Assets / Fund Balance$195,718$189,177▼ $6,541

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$928$928
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian KingPresident
Jan SmithVice President
Ken AndrusSecretary
Al HemingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$129,272
Program Service Revenue
$0
Investment Income
$2,414
Other Revenue
$0
All Other Contributions
$32,157
Change in Net Assets
$-12,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,586
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$59,971$0$0$59,971
Advertising$39,208$0$0$39,208
Conferences and Meetings$18,687$0$0$18,687
All Other Expenses$16,830$0$0$16,830
Fees for Services Management$8,299$0$0$8,299
Fees for Services Accounting$978$0$0$978
Fees for Services Other$613$0$0$613
Total Functional Expenses$144,586$0$0$144,586
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Filing and Contact Details

Filer

Filer Name
Lake to Lake Bed & Breakfast Association
EIN
38-2896155
Phone
8285950253
Address
6757 CASCADE ROAD SE, Grand Rapids, MI 49546

Signing Officer

Name
Brian King
Title
President
Phone
8285950253
Signed
2025-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian King
Formed
1990
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
7

Preparer

Firm
Terry Cross
Address
2127 SHILOH HILLS DR SE, GRAND RAPIDS, MI 49546
Preparer
Terrence Lee Cross
Phone
6168260699
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Association directors review of books, returns and operations during monthly and annual meetings.

Form 990, Part IX, Line 24E

Prepaid gift certificates-deferred revenue 16830. 16830.

Raw XML Appendix283 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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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TERRY CROSS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02127 SHILOH HILLS DR SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049546
ReturnHeader/PreparerPersonGrp/PhoneNum06168260699
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Terrence Lee Cross
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-02-24T18:53:44-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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