Civic Intelligence

Walloon Lake Association

990EZ • Fiscal year 2015 • EIN 38-6080126

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 28, 2016

Organization ProfileWALLOON.ORG
PO Box 621 616 Petoskey St 110Petoskey, MI 49770

(231) 347-0100

Siviq Scores

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

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

0.45x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Net Margin

25th percentile

-8.0%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Top Officer Pay

96th percentile

$52,934

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 68.7% of source-year revenue.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Asset Growth

76th percentile

16%

Faster asset growth than 76% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

-1.5%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$116,771

Up $16,437 (+16%) from 2014

Net Assets

Down

$81,748

Down $6,203 (-7.1%) from 2014

Liabilities

Up

$35,023

Up $22,640 (+183%) from 2014

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin25th percentile

Revenue

Down

$77,071

Down $1,161 (-1.5%) from 2014

Expenses

Up

$83,274

Up $7,379 (+9.7%) from 2014

Net Income

Down

-$6,203

Down $8,540 (-365%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$150K$100K$50K$0Assets 2010: $68,054Liabilities 2010: $2,241Net Assets 2010: $65,8132010Assets 2011: $91,698Liabilities 2011: $8,737Net Assets 2011: $82,9612011Assets 2012: $101,856Liabilities 2012: $11,751Net Assets 2012: $90,1052012Assets 2013: $107,099Liabilities 2013: $21,485Net Assets 2013: $85,6142013Assets 2014: $100,334Liabilities 2014: $12,383Net Assets 2014: $87,9512014Assets 2015: $116,771Liabilities 2015: $35,023Net Assets 2015: $81,7482015Assets 2016: $93,809Liabilities 2016: $15,426Net Assets 2016: $78,3832016Assets 2017: $116,599Liabilities 2017: $38,095Net Assets 2017: $78,5042017Assets 2018: $116,603Liabilities 2018: $46,309Net Assets 2018: $70,2942018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2015

Assets$116,771
Liabilities$35,023
Net Assets$81,748
Open 2015 Filing

Operations Trend

Revenue Growth45th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2010: $70,431Expenses 2010: $56,202Net Income 2010: $14,2292010Revenue 2011: $74,735Expenses 2011: $57,587Net Income 2011: $17,1482011Revenue 2012: $74,379Expenses 2012: $67,234Net Income 2012: $7,1452012Revenue 2013: $77,777Expenses 2013: $82,268Net Income 2013: -$4,4912013Revenue 2014: $78,232Expenses 2014: $75,895Net Income 2014: $2,3372014Revenue 2015: $77,071Expenses 2015: $83,274Net Income 2015: -$6,2032015Revenue 2016: $106,254Expenses 2016: $109,619Net Income 2016: -$3,3652016Revenue 2017: $110,740Expenses 2017: $110,619Net Income 2017: $1212017Revenue 2018: $146,313Expenses 2018: $154,523Net Income 2018: -$8,2102018Revenue 2019: $120,455Expenses 2019: $76,145Net Income 2019: $44,3102019

Highlighted filing

2015

Revenue$77,071
Expenses$83,274
Net Income-$6,203
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 28, 2016
Return Version
2015v2.1
Gross Receipts
$100,204
Mission and Program Overview

Mission

Preserve and improve environment of walloon lake and its watershed

Program Services

DescriptionGrantsExpenses
PUBLICATION OF REGULAR NEWSLETTER FOR OVER 883 MEMBERS ALONG WITH ORGANIZATION OF COMMUNITY ACTIVITIES THROUGHOUT THE YEAR.-$56,551
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTINE WEDGEExecutive DiPT$49,938$2,996$52,934
JOHN HEGENERTreasurer-$0--
ERNEST MILLERPresident-$0--
ROBERT SADDLERSecretary-$0--
WILLIAM SARRANVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Walloon Lake Association
EIN
38-6080126
Phone
2313470100
Address
PO BOX 621 616 PETOSKEY ST 110, PETOSKEY, MI 49770

Signing Officer

Name
Christine Wedge
Title
Executive Director
Phone
2313470100
Signed
2016-06-28
Discuss with paid preparer
Yes

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-ez, Part I, Line 16

“Expenses office expenses 5,146 insurance 1,414 fees & other expenses 1,951 water quality / other exp 7,022 safety 1,285 dues & subscriptions 1,813 publications & activities 7,403 form 990t tax 1,853 non-investment depreciation 826 total 28,713”

Form 990-ez, Part II, Line 24

“Accounts receivable 1,975 1,725 other loans receivable 0 1,827 prepaid expenses and deferred charges 95 0 equipment 8,965 8,965 less accumulated depreciation 6,750 7,576 total 4,285 4,941”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 149 0 deferred revenue 7,125 29,850 escrow account 5,000 5,000 payroll tax liabilities 109 0 fit payable 0 173”

Raw XML Appendix115 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CHRISTINE WEDGE
IRS990EZ/BooksInCareOfDetail/PhoneNum02313470100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0616 PETOSKEY ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PETOSKEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049770
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt096049
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0111830
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt023133
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6203
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02963
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0116771
IRS990EZ/GrossProfitLossSlsOfInvntryAmt013355
IRS990EZ/GrossReceiptsAmt0100204
IRS990EZ/GrossSalesOfInventoryAmt036488
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt046
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt063670
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt087951
IRS990EZ/NetAssetsOrFundBalancesEOYAmt081748
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt087951
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt081748
IRS990EZ/OccupancyRentUtltsAndMaintAmt07588
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt349938
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt02996
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN HEGENER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERNEST MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT SADDLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTINE WEDGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WILLIAM SARRAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04285
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04941
IRS990EZ/OtherExpensesTotalAmt028713
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PRESERVE AND IMPROVE ENVIRONMENT OF WALLOON LAKE AND ITS WATERSHED
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PUBLICATION OF REGULAR NEWSLETTER FOR OVER 883 MEMBERS ALONG WITH ORGANIZATION OF COMMUNITY ACTIVITIES THROUGHOUT THE YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056551
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt044010
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt012383
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt035023
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt083274
IRS990EZ/TotalProgramServiceExpensesAmt056551
IRS990EZ/TotalRevenueAmt077071
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WALLOON.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 5,146 INSURANCE 1,414 FEES & OTHER EXPENSES 1,951 WATER QUALITY / OTHER EXP 7,022 SAFETY 1,285 DUES & SUBSCRIPTIONS 1,813 PUBLICATIONS & ACTIVITIES 7,403 FORM 990T TAX 1,853 NON-INVESTMENT DEPRECIATION 826 TOTAL 28,713
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 1,975 1,725 OTHER LOANS RECEIVABLE 0 1,827 PREPAID EXPENSES AND DEFERRED CHARGES 95 0 EQUIPMENT 8,965 8,965 LESS ACCUMULATED DEPRECIATION 6,750 7,576 TOTAL 4,285 4,941
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 149 0 DEFERRED REVENUE 7,125 29,850 ESCROW ACCOUNT 5,000 5,000 PAYROLL TAX LIABILITIES 109 0 FIT PAYABLE 0 173
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTINE WEDGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02313470100
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALLOON LAKE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0WALL
ReturnHeader/Filer/EIN0386080126
ReturnHeader/Filer/PhoneNum02313470100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 621 616 PETOSKEY ST 110
ReturnHeader/Filer/USAddress/CityNm0PETOSKEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049770
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382666112
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUNKER CLARK WINNELL & NUORALA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02301 MITCHELL PARK DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PETOSKEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049770
ReturnHeader/PreparerPersonGrp/PhoneNum02313473963
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL L NUORALA
ReturnHeader/ReturnTs02016-08-26T14:11:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$116,771
Liabilities
$35,023
Net assets
$81,748
Revenue
$77,071
Expenses
$83,274
Net income
-$6,203
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.20$0.76$0.44
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.46$0.70$1.46$1.55$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.38$0.79$1.11$1.11$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.15$0.78$1.06$1.10$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.35$0.82$0.77$0.83$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.12$0.88$0.78$0.76$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.07$0.21$0.86$0.78$0.82$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.12$0.90$0.74$0.67$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.09$0.83$0.75$0.58$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.02$0.66$0.70$0.56$0.14