Civic Intelligence

Greater Lake Sylvia Association Inc

EIN 41-1322678 • 501(c)3 • Annandale, MN

Profile

Maintain and improve the water quality of lake sylvia.

PO Box 41Annandale, MN 55302

www.lakesylvia.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

64th percentile

9.5%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

15%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$655,738

Up $56,836 (+9.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$655,738

Up $56,836 (+9.5%) from 2023

Revenue

Up

$145,769

Up $18,963 (+15%) from 2023

Expenses

Down

$96,876

Down $17,967 (-16%) from 2023

Net Income

Up

$48,893

Up $36,930 (+309%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $206,588Liabilities 2014: $02014Assets 2015: $209,863Liabilities 2015: $02015Assets 2016: $274,775Liabilities 2016: $02016Assets 2017: $420,096Liabilities 2017: $0Net Assets 2017: $420,0962017Assets 2018: $472,220Liabilities 2018: $0Net Assets 2018: $472,2202018Assets 2019: $467,958Liabilities 2019: $0Net Assets 2019: $467,9582019Assets 2020: $518,125Liabilities 2020: $0Net Assets 2020: $518,1252020Assets 2021: $564,068Liabilities 2021: $0Net Assets 2021: $564,0682021Assets 2022: $579,685Liabilities 2022: $0Net Assets 2022: $579,6852022Assets 2023: $598,902Liabilities 2023: $0Net Assets 2023: $598,9022023Assets 2024: $655,738Liabilities 2024: $0Net Assets 2024: $655,7382024

Highlighted filing

2024

Assets$655,738
Liabilities$0
Net Assets$655,738

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $58,219Expenses 2014: $38,153Net Income 2014: $20,0662014Revenue 2015: $56,104Expenses 2015: $52,829Net Income 2015: $3,2752015Revenue 2016: $152,196Expenses 2016: $87,284Net Income 2016: $64,9122016Revenue 2017: $251,152Expenses 2017: $105,831Net Income 2017: $145,3212017Revenue 2018: $319,820Expenses 2018: $267,696Net Income 2018: $52,1242018Revenue 2019: $118,998Expenses 2019: $127,495Net Income 2019: -$8,4972019Revenue 2020: $126,502Expenses 2020: $77,350Net Income 2020: $49,1522020Revenue 2021: $94,519Expenses 2021: $69,585Net Income 2021: $24,9342021Revenue 2022: $112,925Expenses 2022: $90,456Net Income 2022: $22,4692022Revenue 2023: $126,806Expenses 2023: $114,843Net Income 2023: $11,9632023Revenue 2024: $145,769Expenses 2024: $96,876Net Income 2024: $48,8932024

Highlighted filing

2024

Revenue$145,769
Expenses$96,876
Net Income$48,893

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 30, 2025
Return Version
2024v5.0
Gross Receipts
$156,320
Mission and Program Overview

Mission

Maintain and improve the water quality of lake sylvia.

See page 2, part iii, line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$567,339$611,255▲ $43,916
Investments in Publicly Traded Securities$30,132$37,718▲ $7,586
Cash and Non-Interest-Bearing Accounts$1,431$6,765▲ $5,334
Total Assets$598,902$655,738▲ $56,836
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$598,902$655,738▲ $56,836
Total Net Assets Fund Balance$598,902$655,738▲ $56,836
Total Liabilities and Net Assets / Fund Balance$598,902$655,738▲ $56,836
Compensation and Service Providers

Board Members and Trustees

NameTitle
Randy WilsonPresident
Bill JohnsonDirector
Blaine BarkleyDirector
Claire DempseyDirector
Jeff SimonDirector
Jerry EuteneuerDirector
Jim GrayDirector
Mark StrubleDirector
Mike McnellisDirector
Rhonda BrauDirector
Russ FortnerDirector
Vicki HoienDirector
Renee WyffelsSecretary
Steve HoienTreasurer
Lisa PeeryVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$100,303
Program Service Revenue
$0
Investment Income
$17,694
Other Revenue
$27,772
All Other Contributions
$50,895
Change in Net Assets
$48,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,876
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
All Other Expenses$3,467$7,671-$11,138
Other Expenses$15,763$9,000-$9,000
Office Expenses$6,226--$6,226
Fees for Services Legal$4,742--$4,742
Insurance$840$888-$1,728
Fees for Services Accounting-$1,600-$1,600
Total Functional Expenses$68,574$28,302$0$96,876
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$38,323
Fundraising Direct Expenses$10,551
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$38,323$38,323$9,236$29,087
Total Events$38,323$38,323$10,551$27,772
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Families who have homes bordering laky sylvia are members of the greater lake sylvia association.

Form 990, Page 6, Part VI, Line 7A

Members of the greater lake sylvia association elects board members who serve a one year terms.

Form 990, Page 6, Part VI, Line 7B

The decisions of the governing body are subject to approval through a membership majority vote.

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

The board reviews the 990, they then provide a copy to the membership for questions and approval.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents are available upon request; however, no request was made in the current year.

Filing and Contact Details

Filer

Filer Name
Greater Lake Sylvia Association Inc
EIN
41-1322678
Phone
9522507979
Address
PO BOX 41, ANNANDALE, MN 55302

Signing Officer

Name
Steve Hoien
Title
Treasurer
Phone
9522507979
Signed
2025-05-30

Organization Details

Principal Officer
Randy Wilson
Formed
1975
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Burkhardt & Burkhardt Ltd
Address
35 OAK AVE N BOX N, ANNANDALE, MN 55302-0139
Preparer
Jeffrey Burkhardt
Phone
3202741040
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers served as officers, board members and on committees.

Form 990, Part IX, Line 24E

Dues 0 4,000 0 website hosting 2,595 288 0 bank fees 0 1,261 0 parade fees 0 886 0 water monitoring 600 0 0 food 0 567 0 miscellaneous expenses 0 366 0 annual gathering 0 173 0 maintenance 172 0 0 supplies 0 130 0 refund 100 0 0 total 3,467 7,671 0

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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt045406
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt038323
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt035425
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt032275
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt016292
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt021633
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0143948
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017694
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015478
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03675
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05240
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt045406
IRS990ScheduleA/InvestmentIncomeCYPct00.07000
IRS990ScheduleA/InvestmentIncomePYPct00.06000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92930
IRS990ScheduleA/PublicSupportPY509Pct00.94270
IRS990ScheduleA/PublicSupportTotal509Amt0596834
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0138626
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0121683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0119364
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt095899
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0121262
IRS990ScheduleA/Total509Grp/TotalAmt0596834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0156320
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0137161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0123039
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt099218
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0126502
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0642240
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010551
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01315
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01315
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038323
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt038323
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt038323
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt038323
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt027772
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09236
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09236
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS SERVED AS OFFICERS, BOARD MEMBERS AND ON COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FAMILIES WHO HAVE HOMES BORDERING LAKY SYLVIA ARE MEMBERS OF THE GREATER LAKE SYLVIA ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE GREATER LAKE SYLVIA ASSOCIATION ELECTS BOARD MEMBERS WHO SERVE A ONE YEAR TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL THROUGH A MEMBERSHIP MAJORITY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS THE 990, THEY THEN PROVIDE A COPY TO THE MEMBERSHIP FOR QUESTIONS AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST; HOWEVER, NO REQUEST WAS MADE IN THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DUES 0 4,000 0 WEBSITE HOSTING 2,595 288 0 BANK FEES 0 1,261 0 PARADE FEES 0 886 0 WATER MONITORING 600 0 0 FOOD 0 567 0 MISCELLANEOUS EXPENSES 0 366 0 ANNUAL GATHERING 0 173 0 MAINTENANCE 172 0 0 SUPPLIES 0 130 0 REFUND 100 0 0 TOTAL 3,467 7,671 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0598902
IRS990/TotalAssetsEOYAmt0655738
IRS990/TotalAssetsGrp/BOYAmt0598902
IRS990/TotalAssetsGrp/EOYAmt0655738
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0100303
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028302
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068574
IRS990/TotalFunctionalExpensesGrp/TotalAmt096876
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0598902
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0655738
IRS990/TotalProgramServiceExpensesAmt068574
IRS990/TotalRevenueGrp/ExclusionAmt045466
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0145769
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0598902
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0655738
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 41
IRS990/USAddress/CityNm0ANNANDALE
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055302
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.LAKESYLVIA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE HOIEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09522507979
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER LAKE SYLVIA ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0411322678
ReturnHeader/Filer/PhoneNum09522507979
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 41
ReturnHeader/Filer/USAddress/CityNm0ANNANDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN

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