Lake Improvement Association
W Bloomfield, Michigan
BHealth Score
62B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$30K
Total Revenue
📊
$26K
Total Expenses
🏦
$119K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+10.4%
Year-over-year change (2022 → 2023)
Net Margin
+12.1%
Revenue minus expenses as % of revenue
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $30,157↑10% | $26,494↓14% | $119,472↑3% | |
| 2022 | $27,316↓22% | $30,870↑20% | $115,809↓3% | — |
| 2021 | $35,012↑27% | $25,774↑23% | $119,363↑8% | — |
| 2020 | $27,674↑12% | $20,959↓1% | $110,125↑6% | — |
| 2019 | $24,721↓7% | $21,168↑23% | $103,410↑4% | — |
| 2018 | $26,593↑8% | $17,267↓6% | $99,857↑10% | — |
| 2017 | $24,707 | $18,391↓13% | $90,531↑7% | — |
| 2016 | $24,703↑9% | $21,258↓7% | $84,216↑4% | — |
| 2015 | $22,755↑9% | $22,882↓18% | $80,770 | — |
| 2014 | $20,917↓2% | $27,954↑32% | $80,897↓8% | — |
| 2013 | $21,305↑9% | $21,147↓4% | $87,935 | — |
| 2012 | $19,520↓12% | $21,980↑3% | $87,777↓3% | — |
| 2011 | $22,244 | $21,342 | $90,237 | — |
Frequently Asked Questions
What does Lake Improvement Association do?▼
Lake Improvement Association is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Improvement Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Improvement Association.
How much revenue does Lake Improvement Association generate?▼
Lake Improvement Association reports $45K in annual revenue and holds $136K in total assets, based on IRS filings.
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