Lake Odessa Civic & Agricultural Improvement Association is a 501(c)(3) organization based in Lake Odessa, Michigan, registered in 2016, with $322,106 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$322K
▲ 1.2% vs prior year
Recreation median: $129K
Expenses (FY2024)
$233K
Net assets
$452K
Employees
—
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 →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 Odessa Civic & Agricultural Improvement Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Odessa Civic & Agricultural Improvement Association: 23 mo reserves · +28% margin earns a A on this criterion. See the exact thresholds →
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 Odessa Civic & Agricultural Improvement Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Odessa Civic & Agricultural Improvement Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $52K (FY2013) to $322K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
27.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$596K
Total liabilities
$144K
Net assets
$452K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $322,106▲1.2% | $233,301▲13.2% | $451,827▲24.5% | $596,193▲64.0% | 990 |
| 2023 | $318,329▼11.9% | $206,037▼44.2% | $363,022▲44.8% | $363,522▲43.7% | 990 |
| 2022 | $361,192▲43.9% | $369,213▲105% | $250,730▲4.7% | $252,930▲5.6% | 990 |
| 2021 | $250,992▲95.3% | $180,088▲88.4% | $239,513▼2.0% | $239,513▼5.4% | 990 |
| 2020 | $128,504▲54.2% | $95,605▲120% | $244,384▲15.6% | $253,304▲13.4% | 990EZ |
| 2019 | $83,351▼9.1% | $43,554▼52.2% | $211,485▼8.0% | $223,379▼2.8% | 990EZ |
| 2018 | $91,665▲60.7% | $91,058▲37.7% | $229,860▲0.3% | $229,860▲0.3% | 990EZ |
| 2017 | $57,031▼2.6% | $66,135▲36.2% | $229,253▼3.8% | $229,253▼3.8% | 990EZ |
| 2016 | $58,532▼9.3% | $48,573▼23.8% | $238,357▲4.4% | $238,357▲4.4% | 990EZ |
| 2015 | $64,532▼24.2% | $63,784▲50.4% | $228,398▲0.3% | $228,398▲0.3% | 990EZ |
| 2014 | $85,099▲63.5% | $42,411▲20.7% | $227,650▲23.1% | $227,650▲5.0% | 990EZ |
| 2013 | $52,058 | $35,146 | $184,962 | $216,772 | 990EZ |
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.
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Data for Lake Odessa Civic & Agricultural Improvement Association (EIN 38-6089346) 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.