Three Lakes Trails INC FY2022 filing

Tax-deductible

Three Lakes, WI501(c)(4)EIN 39-1498422Revenue $216K in FY2022

On file with the IRSPo Box 14, 54562-0014 · Three Lakes, WITax-exempt since Mar 1985

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Establish and maintain snowmobile Trails in oneida and forest counties in northern wisconsin for the benefit of the community. All Trails are open to the public.

501(c)(4) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $58K a year · 23% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$60K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$216K
-29% vs prior year
Spent
$200K
To programs
93%
Net assets
$754K
By yearFY2021–FY2025
Revenue
$216K
FY2022▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2021$305K
FY2022$216K
FY2023$248K
FY2024$327K
FY2025$166K
Expenses
$200K
FY2022▲ +33%
Tap a bar for its year
Expenses by fiscal year
FY2021$151K
FY2022$200K
FY2023$231K
FY2024$185K
FY2025$206K
Net assets
$754K
FY2022▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2021$739K
FY2022$754K
FY2023$772K
FY2024$914K
FY2025$874K

From the FY2022 Form 990 (year ending August 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $186K Management & general 7% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Three Lakes Trails INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Maintains snowmobile trails in northern Wisconsin for public use.

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1 program · $186K · in their own filed words · FY2021
01

Establish and maintain snowmobile trails in oneida and forest counties in northwern wisconsin for the benefit of the community. All trails are open to the public.

$186Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$216K
Ln 12
Fees for servicesLn 2g$116K
Gifts and grantsLn 1h$65K
Other incomeLn 4–11$34K
Money outPt IX
$200K
Ln 25
Programscol B$186K
Managementcol C$14K
Owns and owesPt X
$754K
net assets · Ln 32
Cash and savingsLn 1–2$107K
Total assetsLn 16$815K
LiabilitiesLn 26$60K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$65K
Fees for servicesLn 2g$116K
Investment incomeLn 3$112
Other incomeLn 4–11$34K
Total revenueLn 12$216K
Assets in detailPt X, end of year
SavingsLn 2$107K
Cash and savings togetherLn 1–2$107K
Land, buildings, equipmentLn 10c$708K
Total assetsLn 16$815K
LiabilitiesLn 26$60K
Net assetsLn 32$754K
OperationsPt I, VI
EmployeesI 54
VolunteersI 64
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$285K$107K
Land, buildings, equipmentLn 10c$514K$708K
Total assetsLn 16$799K$815K
LiabilitiesLn 26$60K$60K
Net assetsLn 32$739K$754K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$8K$8K
Payroll taxesLn 10$613$613
Accounting feesLn 11c$949$949
Advertising and promotionLn 12$920$920
Office expensesLn 13$2K$2K
OccupancyLn 16$12K$12K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$101K$101K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$33K$33K
All other expensesLn 24e$38K$38K
Total functional expensesLn 25$200K$186K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $166K$206K−$41K$874K 990 PDF
FY2024 $327K$185K$142K$914K 990 PDF
FY2023 $248K$231K$18K$772K 990 PDF
FY2022 Viewing $216K$200K$15K$754K 990 PDF
FY2021 $305K$151K$154K$739K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $215,806 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $30,853$65,198
I-9 Program service revenuePrior year $146,589$116,161
I-10 Investment incomePrior year $91,323$112
I-11 Other revenuePrior year $36,215$34,335
I-12 Total revenuePrior year $304,980$215,806
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,233$8,465
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $148,462$191,943
I-18 Total expensesPrior year $150,695$200,408
I-19 Revenue less expensesPrior year $154,285$15,398
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $215,806 across 6 lines filed
Lines not itemized here account for −$3,492 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$65,198
VIII-1h Total contributions, gifts and grants$65,198
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $116,161$116,161
VIII-3 Investment incomeRelated to mission $112$112
VIII-8 Net income from fundraising eventsExcluded from tax $37,827$37,827
VIII-12 Total revenueRelated to mission $116,273 · Unrelated business $0 · Excluded from tax $34,335$215,806
Part IX · Statement of functional expenses $200,408 across 11 lines filed
IX-7 Other salaries and wagesPrograms $7,852$7,852
IX-10 Payroll taxesPrograms $613$613
IX-11c Accounting feesManagement $949$949
IX-12 Advertising and promotionPrograms $920$920
IX-13 Office expensesManagement $1,542$1,542
IX-16 OccupancyManagement $11,858$11,858
IX-20 InterestPrograms $3,246$3,246
IX-22 Depreciation, depletion and amortizationPrograms $101,432$101,432
IX-23 InsurancePrograms $1,173$1,173
IX-24 Other expenses (24a–d)Programs $32,754$32,754
IX-24e All other expensesPrograms $38,069$38,069
IX-25 Total functional expensesPrograms $186,059 · Management $14,349 · Fundraising $0$200,408
Part X · Balance sheet $814,638 assets, 8 lines filed
X-2 Savings and temporary cash investmentsStart of year $285,483$106,870
X-10c Land, buildings and equipment, netStart of year $513,593$707,768
X-16 Total assetsStart of year $799,076$814,638
X-17 Accounts payable and accrued expenses$164
X-26 Total liabilitiesStart of year $60,000$60,164
X-27 Net assets without donor restrictionsStart of year $739,076$754,474
X-32 Total net assets or fund balancesStart of year $739,076$754,474
X-33 Total liabilities and net assetsStart of year $799,076$814,638
Part XI · Reconciliation of net assets $754,474 net assets at year end
XI-1 Total revenue$215,806
XI-2 Total expenses$200,408
XI-3 Revenue less expenses$15,398
XI-4 Net assets at start of year$739,076
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$754,474

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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