Big Long Lake Cottagers Association EIN 23-7302319

Big Long Lake Cottagers Association

EIN  23-7302319 Membership association South Milford, IN Founded 1956
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Protects and improves the lake, educating the public about its importance.
Leadership
Scott Gingerich · President
Money in and out
$91K revenue, $81K expenses
Bottom line
+10% operating surplus

Protects and improves the lake, educating the public about its importance. For fiscal year 2025 it reported $91K in revenue, $81K in expenses, and $72K in net assets.Pt I

Membership & operating revenue · FY2025
Total revenue
$91K
Pt VIII · Ln 12
Total expenses
$81K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.09 Fundraising $0.25
Operating surplus
+10%
revenue over expenses▲ +119% vs prior filing year
Earned revenue
12%
of revenue from program services & dues▲ +179% vs prior filing year
Program spending
67%
of expenses reach member services▲ +8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$91K
FY2025▲ +21%
Expenses
$81K
FY2025▼ -30%
Total assets
$72K
FY2025▲ +15%
Total liabilities
$0
FY2025
Total revenue
$91K
Pt VIII · Ln 12
Total expenses
$81K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$72K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $54K of program spending, described in the organization's own filed words · FY2025.
01

Annual fireworks display

$26Kprogram expense
02

Lake social events and related clubhouse costs

$19Kprogram expense
03

Conservation of the lake and water quality

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBig Long Lake Cottagers Association
EINHdr · item D23-7302319
Principal addressHdr · item CSouth Milford, IN
WebsiteHdr · item Jwww.biglonglake.net
Year of formationHdr · item L1956
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFNov 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
At Large
$0Pt VII · Sec A
At Large
$0Pt VII · Sec A
$0Pt VII · Sec A
At Large
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$79K · 87%
Program service revenue$11K · 12%
Other revenue$938 · 1%
Contributions & grants87%$79K
Program service revenue12%$11K
Other revenue1%$938
Investment income$27
— government grantsLn 1e$6K
Total revenueLn 12$91K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.09 Fundraising $0.25
Program services67%$54K
Management & general9%$7K
Fundraising25%$20K
Total functional expensesLn 25$81K

Balance Sheet

Part X · end of year
CashLn 1$64K
Total assetsLn 16$72K
Total liabilitiesLn 26$0
Total net assetsLn 32$72K
Months of cash on handcomputed9.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $64K · Operating expenses/yr $81K
9.5 months
Where the money goes
Program services
Program services $54K · Total expenses $81K
67%
Management & General
Management & general $7K · Total expenses $81K
9%
Fundraising
Fundraising $20K · Total expenses $81K
25%
Cost to raise $1
Fundraising expense (3-yr avg) $23K · Solicited contributions (3-yr avg) $61K
$0.38 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $79K · Total revenue $91K
87%
Government reliance
Government grants $6K · Total revenue $91K
7%
Earned-income share
Program service revenue $11K · Total revenue $91K
12%
Investment reliance
Investment income $27 · Total revenue $91K
0%
Program self-sufficiency
Program service revenue $11K · Total expenses $81K
13%
Growth & trend
Revenue growth (YoY)
This year $91K · Prior year $75K
+21%
Revenue CAGR
FY2020 $78K · FY2025 $91K
+3%
Net-asset trend (YoY)
End of year $72K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $91K · Expenses $81K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $72K
Net-asset ratio
Net assets $72K · Total assets $72K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $72K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Scott Gingerich · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $81K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $81K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 9%
Fundraising cost ratio 26%
Revenue growth 21%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$91K revenue · viewing · ⤓ 990 PDF
FY2024$75K revenue · ⤓ 990 PDF
FY2023$74K revenue · ⤓ 990 PDF
FY2022$96K revenue · ⤓ 990 PDF
FY2021$89K revenue · ⤓ 990 PDF
FY2020$78K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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