NRecreation & SportsEIN: 411779890· Ruling Year: 2005

Prior Lake Water Ski Association

Prior Lake, Minnesota

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$258K
Total Revenue
📊
$247K
Total Expenses
🏦
$686K
Net Assets
📋
$126K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.6%
Year-over-year change (2022 → 2023)
Net Margin
+4.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.78
Net assets divided by total expenses
Liabilities-to-Assets
15.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$257,71320%$246,79385%$812,6567%
2022$320,62534%$133,2243%$761,96629%
2021$238,87260%$137,26245%$591,61020%
2020$149,1729%$94,50938%$491,7456%
2019$163,43343%$152,71734%$462,4648%
2018$114,6476%$113,93362%$426,8792%
2017$122,57021%$70,35451%$437,69827%
2016$155,14798%$46,65032%$596,91067%
2015$78,49516%$35,34617%$358,41314%
2014$67,3907%$30,29746%$315,26413%
2013$72,18013%$55,63450%$278,1716%
2012$83,38452%$37,0973%$261,60520%
2011$54,84560%$35,91937%$217,25714%
2010$34,185$26,198$190,433

Frequently Asked Questions

What does Prior Lake Water Ski Association do?

Prior Lake Water Ski Association is a recreation & sports nonprofit organization based in Minnesota. It is classified under NTEE code N68 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Prior Lake Water Ski Association financially healthy?

Based on our 9-metric Financial Health Score model, Prior Lake Water Ski Association has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Prior Lake Water Ski Association generate?

Prior Lake Water Ski Association reports $353K in annual revenue and holds $913K in total assets, based on IRS filings.

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