CHAIN O' LAKES WATER SKI CLUB INC

EIN: 391551617 501(c)(3) Youth Development

KING, WI

Total Revenue
$174,949
Total Expenses
$47,606
Total Assets
$571,853
Net Assets
$571,853
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
WI
Principal Officer
ALEX GROTH
Phone
6514852064
Tax Period
2024-01-01 to 2024-12-31

CHAIN O' LAKES WATER SKI CLUB INC, founded in 1980, is a small nonprofit in the Youth Development sector that reported $175K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $127K, a strong 73% operating margin.

Mission

PROMOTE TEACHING THE YOUTH OF THE WAUPACA AREA HOW TO WATER SKI

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $147,284
Program Service Revenue $8,980
Investment Income $2,682
Other Revenue $16,003
TOTAL REVENUE $174,949

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,252
Other Expenses $47,606
TOTAL EXPENSES $47,606

Year-over-Year Comparison

2024 2023 Change
Revenue $174,949 $184,892 -0.1%
Expenses $47,606 $19,166 +1.5%
Net Income $127,343 $165,726 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSH CHECK DIRECTOR 0.50
Director
$0 $0 $0
ALEX GROTH TREASURER 0.50
Officer Director
$0 $0 $0
CRAIG MOLONEY DIRECTOR 0.50
Director
$0 $0 $0
MOLLY STRUVE VP 0.50
Officer Director
$0 $0 $0
JOHN STURM PRESIDENT 0.50
Officer Director
$0 $0 $0
JAMIE WERNER SECRETARY 0.50
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
2024 $174,949 $47,606 $571,853 $127,343
2023 $184,892 $19,166 $510,091 $165,726
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