Realtors Association of Lake & Sumter Counties Inc is a 501(c)(6) organization based in Tavares, Florida, registered in 1999, with $1,505,735 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.5M
▲ 9.3% vs prior year
Community median: $184K
Expenses (FY2024)
$1.5M
Net assets
$1.3M
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 Realtors Association of Lake & Sumter Counties Inc— 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 Realtors Association of Lake & Sumter Counties Inc: 10 mo reserves · -2% 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 Realtors Association of Lake & Sumter Counties Inc— 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 Realtors Association of Lake & Sumter Counties Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $578K (FY2013) to $1.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-1.8%
Spent more than it raised in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$2.0M
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,505,735▲9.3% | $1,533,331▼4.8% | $1,274,924▲4.9% | $3,276,644▲37.9% | 990 |
| 2023 | $1,377,305▲14.1% | $1,610,192▲10.8% | $1,215,807▼10.7% | $2,376,849▲4.9% | 990 |
| 2022 | $1,206,757▼8.6% | $1,452,878▲17.0% | $1,361,197▼21.3% | $2,264,873▼3.2% | 990 |
| 2021 | $1,320,708▲27.8% | $1,241,956▲13.6% | $1,729,988▲10.2% | $2,340,061▲12.8% | 990 |
| 2020 | $1,033,204▲5.1% | $1,093,374▲15.4% | $1,569,391▼3.2% | $2,074,913▼7.3% | 990 |
| 2019 | $982,965▼1.9% | $947,657▲18.1% | $1,620,676▲2.4% | $2,238,853▼9.1% | 990 |
| 2018 | $1,002,329▲17.9% | $802,122▲14.4% | $1,582,429▲14.5% | $2,463,802▲14.6% | 990 |
| 2017 | $850,294▲8.4% | $701,040▲3.2% | $1,382,222▲12.1% | $2,150,584▲3.2% | 990 |
| 2016 | $784,108▲5.6% | $679,399▲12.6% | $1,232,968▲9.3% | $2,084,693▲5.1% | 990 |
| 2015 | $742,322▲19.4% | $603,277▲10.2% | $1,128,259▲14.1% | $1,984,089▲13.5% | 990 |
| 2014 | $621,528▲7.5% | $547,615▲7.7% | $989,214▲8.1% | $1,748,108▲5.2% | 990 |
| 2013 | $578,235 | $508,474▲11.0% | $915,301▲8.3% | $1,661,108▲18.6% | 990 |
| 2012 | — | $458,081▼11.1% | $845,540▲8.0% | $1,401,038▼2.4% | 990 |
| 2011 | — | $515,425▼7.2% | $783,061▼5.2% | $1,435,436▼1.4% | 990 |
| 2010 | — | $555,154 | $825,799 | $1,455,497 | 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.
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Data for Realtors Association of Lake & Sumter Counties Inc (EIN 59-1627621) 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.