Lake & Geauga Area Assn of Realtors
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Lake & Geauga Area Assn of Realtors is a 501(c)(6) organization based in Mentor, Ohio, registered in 1984, with $407,681 in FY2024 revenue. CharityIndex grades it B.
9930 Johnnycake Ridge Rd Ste 3a, Mentor, OH, 44060 EIN 34-1053647 Since 1984
Revenue (FY2024)
$408K
▲ 27.9% vs prior year
Expenses (FY2024)
$300K
Net assets
$779K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lake & Geauga Area Assn of Realtors— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +26% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lake & Geauga Area Assn of Realtors: 31 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lake & Geauga Area Assn of Realtors— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lake & Geauga Area Assn of Realtors: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $224K (FY2013) to $408K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $568KNet assets $779K
Operating margin
26.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$568K
Net assets
$779K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $407,681▲27.9% | $299,828▲5.7% | $779,301▲14.7% | $1,347,420▲7.5% | 990 |
| 2023 | $318,703▲16.6% | $283,647▲18.9% | $679,139▲9.4% | $1,252,857▲24.1% | 990 |
| 2022 | $273,312▼8.9% | $238,496▼10.8% | $620,996▲0.2% | $1,009,776▲1.7% | 990 |
| 2021 | $300,167▲7.1% | $267,371▲12.2% | $619,449▲8.4% | $992,844▲2.9% | 990 |
| 2020 | $280,248▼2.2% | $238,337▼14.1% | $571,538▲10.0% | $964,989▼13.7% | 990 |
| 2019 | $286,489▲9.3% | $277,551▲3.9% | $519,435▲3.6% | $1,117,999▲6.9% | 990 |
| 2018 | $262,091▲2.3% | $267,039▲10.0% | $501,502▼3.7% | $1,046,152▲2.4% | 990 |
| 2017 | $256,165▲13.1% | $242,711▼1.4% | $520,683▲3.7% | $1,021,844▼1.6% | 990 |
| 2016 | $226,473▼0.9% | $246,239▲12.3% | $502,247▼3.4% | $1,038,287▼2.5% | 990 |
| 2015 | $228,579▲10.8% | $219,287▲4.0% | $519,862▲0.9% | $1,065,286▼2.1% | 990 |
| 2014 | $206,366▼7.7% | $210,828▼2.0% | $515,280▼0.8% | $1,088,593▼0.5% | 990 |
| 2013 | $223,566 | $215,042▲4.5% | $519,696▲3.2% | $1,093,842▲5.7% | 990 |
| 2012 | — | $205,796▲0.2% | $503,743▲3.8% | $1,034,587▼7.6% | 990 |
| 2011 | — | $205,427▼1.5% | $485,393▼4.0% | $1,119,345▲1.0% | 990 |
| 2010 | — | $208,636 | $505,702 | $1,108,165 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $12K total
1 grant to Lake & Geauga Area Assn of Realtors totaling $12K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Association of Realtors | General support | 2023 | $12,456 |
Frequently asked questions
- Is Lake & Geauga Area Assn of Realtors a legitimate nonprofit?
- Yes. Lake & Geauga Area Assn of Realtors is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 34-1053647, based in Mentor, Ohio.
- What is Lake & Geauga Area Assn of Realtors's EIN?
- Lake & Geauga Area Assn of Realtors's Employer Identification Number (EIN) is 34-1053647.
- How much revenue does Lake & Geauga Area Assn of Realtors report?
- Lake & Geauga Area Assn of Realtors reported $407,681 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lake & Geauga Area Assn of Realtors have?
- CharityIndex grades Lake & Geauga Area Assn of Realtors B, based on financial health (reserves and operating margin).
More nonprofits in Mentor
Explore more
Data for Lake & Geauga Area Assn of Realtors (EIN 34-1053647) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.