W โ€” Public & Societal BenefitEIN: 810549536ยท Ruling Year: 2002

Lake Norman Airpark Owners Association Inc

Mooresville, North Carolina

B-Health Score
54B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$78K
Total Revenue
๐Ÿ“Š
$95K
Total Expenses
๐Ÿฆ
$203K
Net Assets
๐Ÿ“‹
$23K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-21.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.14
Net assets divided by total expenses
Liabilities-to-Assets
10.0%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$78,342โ†‘4%$94,901โ†‘200%$226,012โ†‘3%
2022$75,552โ†‘161%$31,609โ†‘47%$220,046โ†‘214%
2011$28,949$21,486$70,066

Frequently Asked Questions

What does Lake Norman Airpark Owners Association Inc do?โ–ผ

Lake Norman Airpark Owners Association Inc is a public & societal benefit nonprofit organization based in North Carolina. It is classified under NTEE code W40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Norman Airpark Owners Association Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Norman Airpark Owners Association Inc.

How much revenue does Lake Norman Airpark Owners Association Inc generate?โ–ผ

Lake Norman Airpark Owners Association Inc reports $124K in annual revenue and holds $311K in total assets, based on IRS filings.

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Lake Norman Airpark Owners Association Inc โ€” Mooresville, NC | GiveScope