Three Lakes Trails INC FY2023 filing

Tax-deductible

Three Lakes, WI501(c)(4)EIN 39-1498422Revenue $248K in FY2023

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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FY2023 · 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
10 mo
of spending, in cash
Looks good: 9.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$41K
5% of total assets
Looks good: liabilities are 5% 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
$248K
+15% vs prior year
Spent
$231K
To programs
93%
Net assets
$772K
By yearFY2021–FY2025
Revenue
$248K
FY2023▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2021$305K
FY2022$216K
FY2023$248K
FY2024$327K
FY2025$166K
Expenses
$231K
FY2023▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2021$151K
FY2022$200K
FY2023$231K
FY2024$185K
FY2025$206K
Net assets
$772K
FY2023▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2021$739K
FY2022$754K
FY2023$772K
FY2024$914K
FY2025$874K

From the FY2023 Form 990 (year ending August 2023) · see the original

990 PDF Claim
You’re viewing the FY2023 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% · $214K Management & general 7% · $16K

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 (FY2022); the FY2023 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 · $214K · in their own filed words · FY2022
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.

$214Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$248K
Ln 12
Fees for servicesLn 2g$165K
Gifts and grantsLn 1h$47K
Other incomeLn 4–11$36K
Money outPt IX
$231K
Ln 25
Programscol B$214K
Managementcol C$16K
Owns and owesPt X
$772K
net assets · Ln 32
Cash and savingsLn 1–2$190K
Total assetsLn 16$813K
LiabilitiesLn 26$41K
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$47K
Fees for servicesLn 2g$165K
Investment incomeLn 3$219
Other incomeLn 4–11$36K
Total revenueLn 12$248K
Assets in detailPt X, end of year
SavingsLn 2$190K
Cash and savings togetherLn 1–2$190K
Land, buildings, equipmentLn 10c$624K
Total assetsLn 16$813K
LiabilitiesLn 26$41K
Net assetsLn 32$772K
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 FY23End FY23
Cash and savingsLn 1–2$107K$190K
Land, buildings, equipmentLn 10c$708K$624K
Total assetsLn 16$815K$813K
LiabilitiesLn 26$60K$41K
Net assetsLn 32$754K$772K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$7K$7K
Payroll taxesLn 10$726$726
Accounting feesLn 11c$1K$1K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$2K$2K
OccupancyLn 16$13K$13K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$117K$117K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$42K$42K
All other expensesLn 24e$41K$41K
Total functional expensesLn 25$231K$214K$16K$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 Viewing $248K$231K$18K$772K 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $248,072 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $65,198$47,267
I-9 Program service revenuePrior year $116,161$164,755
I-10 Investment incomePrior year $112$219
I-11 Other revenuePrior year $34,335$35,831
I-12 Total revenuePrior year $215,806$248,072
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $8,465$7,557
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $191,943$222,975
I-18 Total expensesPrior year $200,408$230,532
I-19 Revenue less expensesPrior year $15,398$17,540
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 $248,072 across 6 lines filed
Lines not itemized here account for −$3,061 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$47,267
VIII-1h Total contributions, gifts and grants$47,267
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $164,755$164,755
VIII-3 Investment incomeRelated to mission $219$219
VIII-8 Net income from fundraising eventsExcluded from tax $38,892$38,892
VIII-12 Total revenueRelated to mission $164,974 · Unrelated business $0 · Excluded from tax $35,831$248,072
Part IX · Statement of functional expenses $230,532 across 11 lines filed
IX-7 Other salaries and wagesPrograms $6,831$6,831
IX-10 Payroll taxesPrograms $726$726
IX-11c Accounting feesManagement $1,270$1,270
IX-12 Advertising and promotionPrograms $3,998$3,998
IX-13 Office expensesManagement $1,767$1,767
IX-16 OccupancyManagement $13,244$13,244
IX-20 InterestPrograms $2,091$2,091
IX-22 Depreciation, depletion and amortizationPrograms $116,615$116,615
IX-23 InsurancePrograms $1,235$1,235
IX-24 Other expenses (24a–d)Programs $41,624$41,624
IX-24e All other expensesPrograms $41,131$41,131
IX-25 Total functional expensesPrograms $214,251 · Management $16,281 · Fundraising $0$230,532
Part X · Balance sheet $813,299 assets, 8 lines filed
X-2 Savings and temporary cash investmentsStart of year $106,870$189,626
X-10c Land, buildings and equipment, netStart of year $707,768$623,673
X-16 Total assetsStart of year $814,638$813,299
X-17 Accounts payable and accrued expensesStart of year $164$42
X-26 Total liabilitiesStart of year $60,164$41,285
X-27 Net assets without donor restrictionsStart of year $754,474$772,014
X-32 Total net assets or fund balancesStart of year $754,474$772,014
X-33 Total liabilities and net assetsStart of year $814,638$813,299
Part XI · Reconciliation of net assets $772,014 net assets at year end
XI-1 Total revenue$248,072
XI-2 Total expenses$230,532
XI-3 Revenue less expenses$17,540
XI-4 Net assets at start of year$754,474
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$772,014

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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