Civic Intelligence

Lake Park Recreational Assn Inc

EIN 47-5670364 • 501(c)7 • Raleigh, NC

Profile

We are an association of members formed to operate the lake park swim club. Our mission is to improve the health and well-being of the lake park recreation association community.

6333 Lakeland DriveRaleigh, NC 27612

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

29th percentile

-3.5%

Higher net margin than 29% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

NTEE N50 • <$500k nonprofits • Source year 2024

Asset Growth

16th percentile

-25%

Faster asset growth than 16% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

-0.2%

Faster revenue growth than 45% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$14,231

Down $4,833 (-25%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$14,231

Down $4,833 (-25%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin29th percentile

Revenue

Down

$139,876

Down $327 (-0.2%) from 2023

Expenses

Down

$144,709

Down $62,485 (-30%) from 2023

Net Income

Up

-$4,833

Up $62,158 (+93%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

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

$100K$50K$0Assets 2017: $50,449Liabilities 2017: $02017Assets 2018: $37,893Net Assets 2018: $37,8932018Assets 2019: $41,945Net Assets 2019: $41,9452019Assets 2020: $47,513Net Assets 2020: $47,5132020Assets 2021: $72,260Net Assets 2021: $72,2602021Assets 2022: $86,054Net Assets 2022: $86,0542022Assets 2023: $19,064Net Assets 2023: $19,0642023Assets 2024: $14,231Net Assets 2024: $14,2312024

Highlighted filing

2024

Assets$14,231
Liabilities-
Net Assets$14,231
Open 2024 Filing

Operations Trend

Revenue Growth45th percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $119,553Expenses 2017: $114,978Net Income 2017: $4,5752017Revenue 2018: $131,483Expenses 2018: $144,039Net Income 2018: -$12,5562018Revenue 2019: $128,774Expenses 2019: $124,722Net Income 2019: $4,0522019Revenue 2020: $110,102Expenses 2020: $104,534Net Income 2020: $5,5682020Revenue 2021: $134,328Expenses 2021: $109,581Net Income 2021: $24,7472021Revenue 2022: $151,054Expenses 2022: $137,260Net Income 2022: $13,7942022Revenue 2023: $140,203Expenses 2023: $207,194Net Income 2023: -$66,9912023Revenue 2024: $139,876Expenses 2024: $144,709Net Income 2024: -$4,8332024

Highlighted filing

2024

Revenue$139,876
Expenses$144,709
Net Income-$4,833
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,231
Liabilities
-
Net assets
$14,231
Revenue
$139,876
Expenses
$144,709
Net income
-$4,833
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.14$1.40$1.45$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.19$1.40$2.07$0.67
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.86$1.51$1.37$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.72$0.72$1.34$1.10$0.25
2020Detailed filing. Detailed filing data is available for this year.$0.48$0.48$1.10$1.05$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.42$1.29$1.25$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.38$1.31$1.44$0.13
2017Summary only. Only limited summary data is available for this year.$0.50$0.00$1.20$1.15$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 25, 2025
Return Version
2024v5.0
Gross Receipts
$142,427
Mission and Program Overview

Mission

We are an association of members formed to operate the lake park swim club. Our mission is to improve the health and well-being of the lake park recreation association community.

Program Services

DescriptionGrantsExpenses
TO OPERATE THE LAKE PARK SWIM CLUB FOR THE HEALTH AND WELL-BEING OF THE LAKE PARK RECREATION ASSOCIATION MEMBERSHIP.--
PROVIDE CHILDREN AND ADULTS WITH EDUCATIONAL ACTIVITIES IN WATER SAFETY AND COMPETITIVE SPORTS.--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAJ CHUDGARChairPT$0--
DAVID LONGCommunicatioPT$0--
CARSON SATTERFIELDTreasurerPT$0--
JASON BASSDirectorPT$0--
JOY DEBOLTDirectorPT$0--
MATT ROBERTSDirectorPT$0--
KYLE WALCHEKEDirectorPT$0--
DAMIEN O'MALLEYDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Lake Park Recreational Assn Inc
EIN
47-5670364
Phone
9842335959
Address
6333 LAKELAND DRIVE, RALEIGH, NC 27612

Signing Officer

Name
Carson Satterfield
Title
Treasurer
Phone
9842335959
Signed
2025-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Mitchell & Nemitz Pa
Address
12324 HAMPTON WAY DR STE 201, WAKE FOREST, NC 27587-6543
Preparer
Miriam L Waters CPA
Phone
9195569500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising/promotion 607 website/constant contact 909 quickbooks 1,080 pool policy 4,555 events & camps 930 pool licenses & permits 1,120 pool supplies 50 bank charges 46 total 9,297”

Form 990-ez, Part III

“We are an association of members formed to operate the lake park swim club. Our mission is to improve the health and well-being of the lake park recreation association community.”

Raw XML Appendix121 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/PersonNm0CARSON SATTERFIELD
IRS990EZ/BooksInCareOfDetail/PhoneNum09195599699
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06333 LAKELAND DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027612
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019064
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014231
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt065
IRS990EZ/CostOfGoodsSoldAmt02551
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4833
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt083315
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019064
IRS990EZ/Form990TotalAssetsGrp/EOYAmt014231
IRS990EZ/GrossProfitLossSlsOfInvntryAmt01254
IRS990EZ/GrossReceiptsAmt0142427
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt03805
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt020
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0115951
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019064
IRS990EZ/NetAssetsOrFundBalancesEOYAmt014231
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019064
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt014231
IRS990EZ/OccupancyRentUtltsAndMaintAmt052097
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt65.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt75.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RAJ CHUDGAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID LONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CARSON SATTERFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JASON BASS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOY DEBOLT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MATT ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KYLE WALCHEKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAMIEN O'MALLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COMMUNICATIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09297
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE ARE AN ASSOCIATION OF MEMBERS FORMED TO OPERATE THE LAKE PARK SWIM CLUB. OUR MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF THE LAKE PARK RECREATION ASSOCIATION COMMUNITY.
IRS990EZ/ProgramServiceRevenueAmt022586
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO OPERATE THE LAKE PARK SWIM CLUB FOR THE HEALTH AND WELL-BEING OF THE LAKE PARK RECREATION ASSOCIATION MEMBERSHIP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE CHILDREN AND ADULTS WITH EDUCATIONAL ACTIVITIES IN WATER SAFETY AND COMPETITIVE SPORTS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0144709
IRS990EZ/TotalRevenueAmt0139876
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING/PROMOTION 607 WEBSITE/CONSTANT CONTACT 909 QUICKBOOKS 1,080 POOL POLICY 4,555 EVENTS & CAMPS 930 POOL LICENSES & PERMITS 1,120 POOL SUPPLIES 50 BANK CHARGES 46 TOTAL 9,297
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WE ARE AN ASSOCIATION OF MEMBERS FORMED TO OPERATE THE LAKE PARK SWIM CLUB. OUR MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF THE LAKE PARK RECREATION ASSOCIATION COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARSON SATTERFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09842335959
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE PARK RECREATIONAL ASSN INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0475670364
ReturnHeader/Filer/PhoneNum09842335959
ReturnHeader/Filer/USAddress/AddressLine1Txt06333 LAKELAND DRIVE
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027612
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561952467
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MITCHELL & NEMITZ PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012324 HAMPTON WAY DR STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAKE FOREST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0275876543
ReturnHeader/PreparerPersonGrp/PhoneNum09195569500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIRIAM L WATERS CPA
ReturnHeader/ReturnTs02025-03-03T18:06:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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