Civic Intelligence

Koronis Lake Association Inc.

990EZ • Fiscal year 2018 • EIN 41-1412699

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 05, 2018

Organization ProfileN/A
PO Box 333Paynesville, MN 56362

(320) 243-3459

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

$215,200

No earlier filing loaded for comparison.

Net Assets

$215,200

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin78th percentile

Revenue

$93,654

No earlier filing loaded for comparison.

Expenses

$72,739

No earlier filing loaded for comparison.

Net Income

$20,915

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0Assets 2018: $215,200Liabilities 2018: $0Net Assets 2018: $215,2002018Assets 2019: $282,077Liabilities 2019: $0Net Assets 2019: $282,0772019Assets 2020: $156,487Liabilities 2020: $0Net Assets 2020: $156,4872020Assets 2021: $210,712Liabilities 2021: $24,000Net Assets 2021: $186,7122021Assets 2022: $206,079Liabilities 2022: $0Net Assets 2022: $206,0792022Assets 2023: $289,891Liabilities 2023: $0Net Assets 2023: $289,8912023Assets 2024: $345,675Liabilities 2024: $0Net Assets 2024: $345,6752024

Highlighted filing

2018

Assets$215,200
Liabilities$0
Net Assets$215,200
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2018: $93,654Expenses 2018: $72,739Net Income 2018: $20,9152018Revenue 2019: $390,190Expenses 2019: $323,313Net Income 2019: $66,8772019Revenue 2020: $144,993Expenses 2020: $257,388Net Income 2020: -$112,3952020Revenue 2021: $195,954Expenses 2021: $165,729Net Income 2021: $30,2252021Revenue 2022: $148,532Expenses 2022: $129,161Net Income 2022: $19,3712022Revenue 2023: $193,711Expenses 2023: $141,899Net Income 2023: $51,8122023Revenue 2024: $163,787Expenses 2024: $148,003Net Income 2024: $15,7842024

Highlighted filing

2018

Revenue$93,654
Expenses$72,739
Net Income$20,915
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 5, 2018
Return Version
2017v2.2
Gross Receipts
$101,704
Mission and Program Overview

Mission

To promote the protection and improvement of lake koronis

Program Services

DescriptionGrantsExpenses
PROTECTION AND IMPROVEMENT OF LAKE KORONIS$70,633-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM ELSETHTreasurer-$0--
KAREN LANGMOPresident-$0--
SUE EYREVice President-$0--
Filing and Contact Details

Filer

Filer Name
Koronis Lake Association
EIN
41-1412699
Phone
3202433459
Address
PO BOX 333, PAYNESVILLE, MN 56362

Signing Officer

Name
Karen Langmo
Title
President
Signed
2018-10-05
Discuss with paid preparer
Yes

Preparer

Firm
Anfinson Thompson & Company PA
Address
1604 South 1st Street, Willmar, MN 56201
Preparer
Donna Stone CPA
Phone
3202357491
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $500”

Other Expenses.1002

“Office Expenses $798”

Other Expenses.1007

“Conferences, Conventions, and Meetings $597”

Other Expenses.1012

“Insurance $1022”

Other Expenses.1

“AIS EXPENSE $45588”

Other Expenses.2

“AIS INSPECTIONS $17147”

Other Expenses.3

“LIFEGUARDS $2000”

Other Expenses.5

“BOARD MEETINGS $805”

Other Expenses.6

“EROSION PROJECTS $800”

Other Expenses.7

“WEED HARVESTER $656”

Other Expenses.8

“DUES/PUBLICATIONS $335”

Other Expenses.9

“Donations to other org. $250”

Other Expenses.10

“WATER FESTIVAL $241”

Other Expenses.11

“ANNUAL MEETING EXP $221”

Other Expenses.12

“KLA PICNIC $194”

Other Expenses.14

“LAKE ACCESS CLEANUP $109”

Other Expenses.15

“WEBSITE $80”

Other Expenses.16

“MISCELLANEOUS $44”

Other Assets.1

“OTHER CURRENT ASSETS - Beginning $13178 OTHER CURRENT ASSETS - Ending $13178”

Raw XML Appendix180 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/PersonNm0JIM ELSETH
IRS990EZ/BooksInCareOfDetail/PhoneNum03202829984
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 333
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PAYNESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056362
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0181107
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0202022
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt093311
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020915
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0194285
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0215200
IRS990EZ/FundraisingGrossIncomeAmt08360
IRS990EZ/GrossReceiptsAmt0101704
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt033
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0194285
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0215200
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0194285
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0215200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIM ELSETH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREN LANGMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUE EYRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt013178
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013178
IRS990EZ/OtherExpensesTotalAmt071387
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE PROTECTION AND IMPROVEMENT OF LAKE KORONIS
IRS990EZ/PrintingPublicationsPostageAmt01352
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROTECTION AND IMPROVEMENT OF LAKE KORONIS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt070633
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt08050
IRS990EZ/SpecialEventsNetIncomeLossAmt0310
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt072739
IRS990EZ/TotalProgramServiceExpensesAmt070633
IRS990EZ/TotalRevenueAmt093654
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt083563
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt095717
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0108680
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0287960
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt040
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0119
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0119
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt018108
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt015063
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt063
IRS990ScheduleA/OtherIncome509Grp/TotalAmt033234
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0287960
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt083563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt095717
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0108680
IRS990ScheduleA/Total509Grp/TotalAmt0287960
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0101704
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0110820
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0108789
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0321313
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $798
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $597
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AIS EXPENSE $45588
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AIS INSPECTIONS $17147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LIFEGUARDS $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOARD MEETINGS $805
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EROSION PROJECTS $800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9WEED HARVESTER $656
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DUES/PUBLICATIONS $335
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DONATIONS TO OTHER ORG. $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12WATER FESTIVAL $241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13ANNUAL MEETING EXP $221
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14KLA PICNIC $194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15LAKE ACCESS CLEANUP $109
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16WEBSITE $80
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17MISCELLANEOUS $44
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18OTHER CURRENT ASSETS - Beginning $13178 OTHER CURRENT ASSETS - Ending $13178
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Expenses.14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Other Expenses.15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Other Expenses.16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Other Assets.1
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN LANGMO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KORONIS LAKE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0KORO
ReturnHeader/Filer/EIN0411412699
ReturnHeader/Filer/PhoneNum03202433459
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 333
ReturnHeader/Filer/USAddress/CityNm0PAYNESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056362
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411857770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Anfinson Thompson & Company PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01604 South 1st Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Willmar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056201
ReturnHeader/PreparerPersonGrp/PhoneNum03202357491
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONNA STONE CPA
ReturnHeader/ReturnTs02018-10-05T13:43:31-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$215,200
Liabilities
$0
Net assets
$215,200
Revenue
$93,654
Expenses
$72,739
Net income
$20,915
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$1.64$1.48$0.16
2023Detailed filing. Detailed filing data is available for this year.$2.90$0.00$2.90$1.94$1.42$0.52
2022Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$1.49$1.29$0.19
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.24$1.87$1.96$1.66$0.30
2020Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$1.45$2.57$1.12
2019Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$3.90$3.23$0.67
2018Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$0.94$0.73$0.21