LAKE ROSEMOUND ASSOCIATION INC

EIN: 721223520

ST FRANCISVILLE, LA

Total Revenue
$219,684
Total Expenses
$191,163
Total Assets
$1,096,350
Net Assets
$1,096,350
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
LA
Principal Officer
DENISE PAUL
Phone
2256353521
Tax Period
2023-01-01 to 2023-12-31

LAKE ROSEMOUND ASSOCIATION INC, founded in 1991, is a small nonprofit that reported $220K in total revenue in fiscal year 2023. Expenses of $191K left a modest 13% surplus.

Mission

PROVIDE FOR THE RECREATION AND PLEASURE USE OF LAKE FACILITIES FOR ITS 300 MEMBERS (CONT'D SCH. O) AND THEIR FAMILIES

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $199,035
Investment Income $20,649
Other Revenue $0
TOTAL REVENUE $219,684

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $124,520
Other Expenses $191,163
TOTAL EXPENSES $191,163

Year-over-Year Comparison

2023 2022 Change
Revenue $219,684 $229,631 0.0%
Expenses $191,163 $147,043 +0.3%
Net Income $28,521 $82,588 -0.7%
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

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

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
7
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENISE PAUL PRESIDENT 2.00
Officer Director
$0 $0 $0
MANNY DUMATRAIT VICE-PRESIDENT (TERM ENDED APRIL) 2.00
Officer Director
$0 $0 $0
BARNEY COREY VICE-PRESIDENT (TERM BEGAN MAY) 2.00
Officer Director
$0 $0 $0
WAME WAGGENSPACK TREASURER (TERM ENDED MAY) 2.00
Officer Director
$0 $0 $0
KAY HOWELL TREASURER (TERM FROM JUNE-JULY) 2.00
Officer Director
$0 $0 $0
CAROL JOHNSON TREASURER (TERM BEGAN JULY) 2.00
Officer Director
$0 $0 $0
KATHY TERRY SECRETARY 2.00
Officer Director
$0 $0 $0
CLARE DURRETT BOARD MEMBER 2.00
Director
$0 $0 $0
KERRY BROUILLETTE BOARD MEMBER 2.00
Director
$0 $0 $0
TERRY WALDEN BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES LALONDE JR BOARD MEMBER 2.00
Director
$0 $0 $0
WALTER PILIE' BOARD MEMBER 2.00
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 No data No data No data No data
2023 $219,684 $191,163 $1,096,350 $28,521
2022 $229,631 $147,043 $1,067,829 $82,588
2021 $291,661 $240,019 $963,386 $51,642
2020 $241,352 $406,956 $911,744 $-165,604
2019 $219,546 $126,735 $1,077,348 $92,811
2018 $221,257 $106,062 $1,238,182 $115,195
Explore More Nonprofits
→Top 100 Nonprofits in Louisiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LAKE ROSEMOUND ASSOCIATION INC with other nonprofits in Louisiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.