Lake Wa-con-da Association Inc
501(c)(4)
Only null% goes to programs Strong reserves Declining revenue
Lake Wa-con-da Association Inc is a 501(c)(4) organization based in Union, Nebraska, registered in 1986, with $178,320 in FY2023 revenue. CharityIndex grades it C.
Po Box 81, Union, NE, 68455 EIN 47-0498359 Since 1986
Revenue (FY2023)
$178K
▼ 22.4% vs prior year
Expenses (FY2023)
$216K
Net assets
$175K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Wa-con-da Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating10 mo reserves · -21% 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 Wa-con-da Association Inc: 10 mo reserves · -21% margin earns a C+ 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 Wa-con-da Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Wa-con-da Association Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $120K (FY2010) to $178K (FY2023) across 13 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $178KNet assets $175K
Operating margin
-21.0%
Spent more than it raised in the latest fiscal year.
Total assets
$353K
Total liabilities
$178K
Net assets
$175K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $178,320▼22.4% | $215,704▼3.2% | $175,499▼17.6% | $353,227▲61.4% | 990 |
| 2022 | $229,684▲23.6% | $222,814▲15.9% | $212,883▲3.3% | $218,853▲3.0% | 990 |
| 2021 | $185,841▼12.9% | $192,321▼4.8% | $206,013▼3.0% | $212,411▼6.9% | 990 |
| 2020 | $213,398▼5.6% | $201,951▲6.2% | $212,493▲5.7% | $228,111▲1.0% | 990 |
| 2019 | $226,136▲34.1% | $190,225▲37.6% | $201,046▲21.7% | $225,884▲36.8% | 990 |
| 2018 | $168,618▲32.9% | $138,228▼3.3% | $165,135▲1.5% | $165,135▲1.5% | 990EZ |
| 2017 | $126,839▼11.1% | $143,016▲6.3% | $162,628▲7.0% | $162,628▲4.5% | 990EZ |
| 2016 | $142,615▲3.2% | $134,479▼0.7% | $151,984▲5.7% | $155,574▲8.2% | 990EZ |
| 2015 | $138,194▲8.2% | $135,437▲19.1% | $143,848▲2.0% | $143,848▲2.0% | 990EZ |
| 2014 | $127,743▲8.8% | $113,678▲10.5% | $141,092▲18.2% | $141,092▲13.1% | 990EZ |
| 2012 | $117,435▼15.7% | $102,910▼24.9% | $119,391▲13.8% | $124,795▲6.0% | 990EZ |
| 2011 | $139,374▲15.7% | $137,060▲4.7% | $104,868▲2.3% | $117,767▼6.6% | 990EZ |
| 2010 | $120,497 | $130,879 | $102,553 | $126,148 | 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.
Frequently asked questions
- Is Lake Wa-con-da Association Inc a legitimate nonprofit?
- Yes. Lake Wa-con-da Association Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 47-0498359, based in Union, Nebraska.
- What is Lake Wa-con-da Association Inc's EIN?
- Lake Wa-con-da Association Inc's Employer Identification Number (EIN) is 47-0498359.
- How much revenue does Lake Wa-con-da Association Inc report?
- Lake Wa-con-da Association Inc reported $178,320 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Lake Wa-con-da Association Inc have?
- CharityIndex grades Lake Wa-con-da Association Inc C, based on financial health (reserves and operating margin).
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Data for Lake Wa-con-da Association Inc (EIN 47-0498359) 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.