NRecreation & SportsEIN: 411780770· Ruling Year: 1996

The Forest Lake Athletic Association

Forest Lake, Minnesota

BHealth Score
60B

Financial Health Score

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

Above Average

💰
$869K
Total Revenue
📊
$1.0M
Total Expenses
🏦
$722K
Net Assets
📋
$13K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.0%
Year-over-year change (2022 → 2023)
Net Margin
-15.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.72
Net assets divided by total expenses
Liabilities-to-Assets
1.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$869,33212%$1,005,1745%$735,5829%
2022$776,20444%$958,7491%$806,06018%
2021$1,397,98593%$964,02621%$982,77064%
2020$725,35728%$794,61019%$599,2856%
2019$1,011,57913%$984,37412%$639,9586%
2018$1,160,31126%$1,116,57727%$605,42810%
2017$1,577,81910%$1,521,9223%$670,5778%
2016$1,428,4504%$1,477,85910%$622,55510%
2015$1,374,2726%$1,343,6063%$692,7075%
2014$1,296,09922%$1,306,34028%$658,6041%
2013$1,651,6688%$1,825,0245%$667,26988%
2012$1,797,1803%$1,922,7028%$5,434,2313%
2011$1,736,494$1,774,882$5,595,247

Frequently Asked Questions

What does The Forest Lake Athletic Association do?

The Forest Lake Athletic Association is a recreation & sports nonprofit organization based in Minnesota. It is classified under NTEE code N70Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Forest Lake Athletic Association financially healthy?

Based on our 9-metric Financial Health Score model, The Forest Lake Athletic Association has a score of 60/100 (Grade: B). 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 The Forest Lake Athletic Association generate?

The Forest Lake Athletic Association reports $1.2M in annual revenue and holds $916K in total assets, based on IRS filings.

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