MORRISON LAKE RESORT ASSOCIATION (EIN 380852750) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Principal Officer

OLIVIA BARKER

Phone

6164602451

Tax Period

2024-03-01 to 2025-02-28

MORRISON LAKE RESORT ASSOCIATION, founded in 1947, is a small nonprofit that reported $321K in total revenue in fiscal year 2024. Expenses of $438K exceeded revenue, resulting in a 36% operating deficit.

Mission

maintain roads , parks and lake front seawall for assocation members

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $313,426

Program Service Revenue $0

Investment Income $7,850

Other Revenue $0

TOTAL REVENUE $321,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $430,003

Other Expenses $438,477

TOTAL EXPENSES $438,477

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,276	$322,393	0.0%
Expenses	$438,477	$36,579	+11.0%
Net Income	$-117,201	$285,814	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEEN HEETDERKS	TREASURER	005.00	Officer Director	$0	$0	$0
TODD MUSSER	PRESIDENT	006.00	Officer Director	$0	$0	$0
HAROLD KLEMM	VICE PRES	001.00	Officer Director	$0	$0	$0
ANGEL BEEMER	DIRECTOR	005.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$321,276	$438,477	$348,864	$-117,201
2024	$322,393	$36,579	$466,065	$285,814

MORRISON LAKE RESORT ASSOCIATION