Civic Intelligence

Walloon Lake Association and Conservancy

990 • Fiscal year 2017 • EIN 38-3608004

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 31, 2018

Organization ProfileWALLOON.ORG
PO Box 579 4060 M-75 Ste 102Walloon Lake, MI 49796

(231) 535-6112

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.02x

Higher debt load relative to revenue than 14% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

25th percentile

$61,361

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

57th percentile

6.0%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

30%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$8,194,573

Up $464,258 (+6.0%) from 2016

Net Assets

Up

$8,186,032

Up $467,921 (+6.1%) from 2016

Liabilities

Down

$8,541

Down $3,663 (-30%) from 2016

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin87th percentile

Revenue

Up

$461,912

Up $107,784 (+30%) from 2016

Expenses

Down

$287,375

Down $1,672 (-0.6%) from 2016

Net Income

Up

$174,537

Up $109,456 (+168%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $7,240,339Liabilities 2010: $263,914Net Assets 2010: $6,976,4252010Assets 2011: $7,090,944Liabilities 2011: $224,538Net Assets 2011: $6,866,4062011Assets 2012: $7,262,894Liabilities 2012: $98,587Net Assets 2012: $7,164,3072012Assets 2013: $7,771,936Liabilities 2013: $96,538Net Assets 2013: $7,675,3982013Assets 2014: $7,740,777Liabilities 2014: $4,737Net Assets 2014: $7,736,0402014Assets 2015: $7,604,658Liabilities 2015: $1,827Net Assets 2015: $7,602,8312015Assets 2016: $7,730,315Liabilities 2016: $12,204Net Assets 2016: $7,718,1112016Assets 2017: $8,194,573Liabilities 2017: $8,541Net Assets 2017: $8,186,0322017Assets 2018: $8,844,900Liabilities 2018: $17,501Net Assets 2018: $8,827,3992018Assets 2019: $9,937,401Liabilities 2019: $27,960Net Assets 2019: $9,909,4412019Assets 2020: $11,950,153Liabilities 2020: $121,577Net Assets 2020: $11,828,5762020Assets 2021: $13,387,672Liabilities 2021: $894,259Net Assets 2021: $12,493,4132021Assets 2022: $12,817,153Liabilities 2022: $564,197Net Assets 2022: $12,252,9562022Assets 2023: $13,407,009Liabilities 2023: $492,426Net Assets 2023: $12,914,5832023Assets 2024: $13,619,211Liabilities 2024: $238,914Net Assets 2024: $13,380,2972024

Highlighted filing

2017

Assets$8,194,573
Liabilities$8,541
Net Assets$8,186,032
Open 2017 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $214,8632010Revenue 2011: $238,912Expenses 2011: $220,058Net Income 2011: $18,8542011Expenses 2012: $221,1602012Revenue 2013: $652,652Expenses 2013: $377,915Net Income 2013: $274,7372013Revenue 2014: $317,877Expenses 2014: $288,768Net Income 2014: $29,1092014Revenue 2015: $243,243Expenses 2015: $291,784Net Income 2015: -$48,5412015Revenue 2016: $354,128Expenses 2016: $289,047Net Income 2016: $65,0812016Revenue 2017: $461,912Expenses 2017: $287,375Net Income 2017: $174,5372017Revenue 2018: $1,473,850Expenses 2018: $381,106Net Income 2018: $1,092,7442018Revenue 2019: $1,086,960Expenses 2019: $564,423Net Income 2019: $522,5372019Revenue 2020: $2,366,610Expenses 2020: $665,928Net Income 2020: $1,700,6822020Revenue 2021: $1,660,165Expenses 2021: $832,241Net Income 2021: $827,9242021Revenue 2022: $1,610,203Expenses 2022: $937,041Net Income 2022: $673,1622022Revenue 2023: $1,084,551Expenses 2023: $845,547Net Income 2023: $239,0042023Revenue 2024: $931,365Expenses 2024: $686,930Net Income 2024: $244,4352024

Highlighted filing

2017

Revenue$461,912
Expenses$287,375
Net Income$174,537
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 31, 2018
Return Version
2017v2.3
Gross Receipts
$885,794
Mission and Program Overview

Mission

The mission of walloon lake trust and conservancy is to conserve, care for and connect people to the land, lakes and streams within the walloon lake watershed now and forever.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,204,105$4,270,262▲ $66,157
Investments in Publicly Traded Securities$3,434,733$3,798,071▲ $363,338
Savings and Temporary Cash Investments$91,477$126,214▲ $34,737
Accounts Receivable-$26-
Total Assets$7,730,315$8,194,573▲ $464,258
Liabilities
Accounts Payable and Accrued Expenses$12,204$8,541▼ $3,663
Total Liabilities$12,204$8,541▼ $3,663
Net Assets / Fund Balance
Unrestricted Net Assets$5,064,428$5,522,203▲ $457,775
Permanently Rstr Net Assets$2,627,718$2,628,645▲ $927
Temporarily Rstr Net Assets$25,965$35,184▲ $9,219
Total Net Assets Fund Balance$7,718,111$8,186,032▲ $467,921
Total Liabilities and Net Assets / Fund Balance$7,730,315$8,194,573▲ $464,258

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,270,262-$4,270,262
Other Land Buildings-$22,043$22,043

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$2,627,718$927--$2,628,645
2016$2,626,448$1,270--$2,627,718
2015$2,591,348$35,100--$2,626,448
2014$2,586,198$5,150--$2,591,348
2013$2,581,098$5,100--$2,586,198
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josephine RobertsExec. DirectPT$46,797$14,564$61,361

Board Members and Trustees

NameTitle
Richard GrossPresident
Connor DennisTrustee
John MarklewitzTrustee
Judy ReynoldsTrustee
Michael HatchTrustee
Pamela RoudiTrustee
Robert CharltonSecretary
Matthew FrentzTreasurer
David DealVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$257,529
Program Service Revenue
$0
Investment Income
$203,846
Other Revenue
$537
All Other Contributions
$257,529
Change in Net Assets
$174,537

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$67,000Appraisal
Total Noncash Contributions1$67,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$461,912
Revenue Not Reported on Form 990
$293,384
Total Revenue per Audited Statements
$755,296
Total Revenue per Form 990
$461,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$154,508
Other Expenses$132,867
Total Fundraising Expense$2,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,153$44,897-$136,050
Fees for Service Investment Mgmnt Fees-$22,469-$22,469
Occupancy$8,423$4,148-$12,571
Fees for Services Accounting-$11,136-$11,136
Payroll Taxes$6,973$3,435-$10,408
Fees for Services Other$5,852$2,883-$8,735
Pension Plan Contributions$5,393$2,657-$8,050
All Other Expenses$1,253$617$2,852$4,722
Other Expenses$3,140$1,547-$4,687
Depreciation Depletion$565$278-$843
Total Functional Expenses$184,606$99,917$2,852$287,375

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$287,375
Total Expenses per Audited Statements$287,375
Total Expenses per Form 990$287,375
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“990 was reviewed by finance committee prior to filing.”

Form 990, Page 6, Part VI, Line 15A

“The board of trustees discusses and considers comparative info from the area and other similarly sized non-profit organizations.”

Form 990, Page 6, Part VI, Line 15B

“Compensation reviews for key employees include reviews of independent persons and use of comparable data.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Walloon Lake Trust and Conservancy
EIN
38-3608004
Phone
2315356112
Address
PO BOX 579 4060 M-75 STE 102, WALLOON LAKE, MI 49796

Signing Officer

Name
Matthew Frentz
Title
Treasurer
Phone
2315356112
Signed
2018-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Gross
Formed
2001
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
90

Preparer

Firm
Bunker Clark Winnell & Nuorala Pc
Address
2301 MITCHELL PARK DRIVE, PETOSKEY, MI 49770
Preparer
Michael L Nuorala
Phone
2313473963
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Volunteers provide numerous services ranging from monitoring of conservation easements to assisting with the entity's newsletters.”

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

“Purchased land conservation easements are valued at their purchase price, while gifted land conservation easements are valued at 1 each.”

Schedule D, Page 2, Part V, Line 4

“Income from the endowment funds is used to support the organization.”

Schedule D, Page 3, Part X

“The trust is a non-profit corporation exempt from federal income tax under section 501(c)(3) of the internal revenue code. It has been classified as an organization that is not a private foundation under the internal revenue code. Accordingly, contributions to the trust are deductible for federal income tax purposes. The trust's federal income tax returns (form 990) are subject to examination by the irs, generally for three years after they were filed. Management does not believe that the results from any examination of these open years would have a material adverse impact on the organization.”

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IRS990/OtherExpensesGrp/ProgramServicesAmt049977
IRS990/OtherExpensesGrp/ProgramServicesAmt15999
IRS990/OtherExpensesGrp/ProgramServicesAmt25878
IRS990/OtherExpensesGrp/ProgramServicesAmt33140
IRS990/OtherExpensesGrp/TotalAmt049977
IRS990/OtherExpensesGrp/TotalAmt18954
IRS990/OtherExpensesGrp/TotalAmt28773
IRS990/OtherExpensesGrp/TotalAmt34687
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0537
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0537
IRS990/OtherRevenueTotalAmt0537
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt044897
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091153
IRS990/OtherSalariesAndWagesGrp/TotalAmt0136050
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03435
IRS990/PayrollTaxesGrp/ProgramServicesAmt06973
IRS990/PayrollTaxesGrp/TotalAmt010408
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02657
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05393
IRS990/PensionPlanContributionsGrp/TotalAmt08050
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02627718
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02628645
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RICHARD GROSS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0235143
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0117052
IRS990/PYOtherExpensesAmt0136003
IRS990/PYOtherRevenueAmt01933
IRS990/PYRevenuesLessExpensesAmt065081
IRS990/PYSalariesCompEmpBnftPaidAmt0153044
IRS990/PYTotalExpensesAmt0289047
IRS990/PYTotalRevenueAmt0354128
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0174537
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt091477
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0126214
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 2,645
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0257529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0235143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0174149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0176159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0418586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01261566
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt080999
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt073919
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt060116
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt085932
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt096888
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0397854
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0537
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0537
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01933
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0175
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02645
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60330
IRS990ScheduleA/PublicSupportPY170Pct00.59650
IRS990ScheduleA/PublicSupportTotal170Amt01002775
IRS990ScheduleA/SubstantialContributorsTotAmt0258791
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0257529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0235143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0174149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0176159
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0418586
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01261566
IRS990ScheduleA/TotalSupportAmt01662065
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02627718
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0927
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02628645
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02626448
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01270
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02627718
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02591348
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt035100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02626448
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02586198
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt05150
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02591348
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02581098
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02586198
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesIncurredEnforcementAmt04009
IRS990ScheduleD/ExpensesSubtotalAmt0287375
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04270262
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04270262
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0293384
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022043
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022043
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RevenueNotReportedAmt0293384
IRS990ScheduleD/RevenueSubtotalAmt0461912
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/StaffHoursSpentEnforcementCnt0140.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PURCHASED LAND CONSERVATION EASEMENTS ARE VALUED AT THEIR PURCHASE PRICE, WHILE GIFTED LAND CONSERVATION EASEMENTS ARE VALUED AT 1 EACH.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INCOME FROM THE ENDOWMENT FUNDS IS USED TO SUPPORT THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE TRUST IS A NON-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE. ACCORDINGLY, CONTRIBUTIONS TO THE TRUST ARE DEDUCTIBLE FOR FEDERAL INCOME TAX PURPOSES. THE TRUST'S FEDERAL INCOME TAX RETURNS (FORM 990) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. MANAGEMENT DOES NOT BELIEVE THAT THE RESULTS FROM ANY EXAMINATION OF THESE OPEN YEARS WOULD HAVE A MATERIAL ADVERSE IMPACT ON THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 9
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalAcreageCnt0758.58
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04270262
IRS990ScheduleD/TotalEasementsCnt020
IRS990ScheduleD/TotalExpensesPerForm990Amt0287375
IRS990ScheduleD/TotalRevenuePerForm990Amt0461912
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0755296
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0287375
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateResidentialGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL
IRS990ScheduleM/RealEstateResidentialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateResidentialGrp/NoncashContributionsRptF990Amt067000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDE NUMEROUS SERVICES RANGING FROM MONITORING OF CONSERVATION EASEMENTS TO ASSISTING WITH THE ENTITY'S NEWSLETTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 WAS REVIEWED BY FINANCE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES DISCUSSES AND CONSIDERS COMPARATIVE INFO FROM THE AREA AND OTHER SIMILARLY SIZED NON-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION REVIEWS FOR KEY EMPLOYEES INCLUDE REVIEWS OF INDEPENDENT PERSONS AND USE OF COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WALLOON LAKE ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0386080126
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LAKE PRESE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 621
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0616 PETOSKEY ST STE 110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PETOSKEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0497700621
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WALLOON LAKE ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1WALLOON LAKE ASSOCIATION

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,194,573
Liabilities
$8,541
Net assets
$8,186,032
Revenue
$461,912
Expenses
$287,375
Net income
$174,537
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.6$0.24$13.4$0.93$0.69$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$0.49$12.9$1.08$0.85$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$0.56$12.3$1.61$0.94$0.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$0.89$12.5$1.66$0.83$0.83
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.12$11.8$2.37$0.67$1.70
2019Summary only. Only limited summary data is available for this year.$9.94$0.03$9.91$1.09$0.56$0.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.84$0.02$8.83$1.47$0.38$1.09
2017Detailed filing. Detailed filing data is available for this year.$8.19$0.01$8.19$0.46$0.29$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.73$0.01$7.72$0.35$0.29$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.60$0.00$7.60$0.24$0.29$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.74$0.00$7.74$0.32$0.29$0.03
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.77$0.10$7.68$0.65$0.38$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.26$0.10$7.16$0.22
2011Summary only. Only limited summary data is available for this year.$7.09$0.22$6.87$0.24$0.22$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$0.26$6.98$0.21
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $5M-$10M nonprofits