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Lakeport Water Association Inc

  • Moore Haven, FL
  • Tax-exempt since Sept. 1980
  • EIN: 59-1215433

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$569k (2024)

Expenses
$641k (2024)

Total Assets
$4.82M (2024)

Total Liabilities
$2.74M (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$569,127
Expenses
$641,261
Net Income
-$72,134
Net Assets
$2,081,196
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,461
0.4%
Investment Income $18,502
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $548,164
96.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $175,150
27.3%
Assets/Debt
Total Assets $4,817,823
Total Liabilities $2,736,627
Net Assets $2,081,196
Club or Co-Op Income
Income From Members $784,981
Income From Other Sources $18,502
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Larry Froeber (Trustee/Dire) $0 $0 $0
Andrew Kay (Trustee/Dire) $0 $0 $0
Dick Prowant (Vice Preside) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$532,962
Expenses
$597,875
Net Income
-$64,913
Net Assets
$2,153,330
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,991
1.3%
Investment Income $3,957
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $522,014
97.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $151,892
25.4%
Assets/Debt
Total Assets $4,951,496
Total Liabilities $2,798,166
Net Assets $2,153,330
Club or Co-Op Income
Income From Members $770,477
Income From Other Sources $3,957
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Larry Froeber (Trustee/Dire) $0 $0 $0
Chuck Mercer (Trustee/Dire) $0 $0 $0
Dick Prowant (Vice Preside) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$529,212
Expenses
$588,264
Net Income
-$59,052
Net Assets
$2,218,243
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,563
4.8%
Program Services $7,145
1.4%
Investment Income $178
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $496,326
93.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $144,703
24.6%
Assets/Debt
Total Assets $5,073,326
Total Liabilities $2,855,083
Net Assets $2,218,243
Club or Co-Op Income
Income From Members $737,828
Income From Other Sources $25,741
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Larry Froeber (Trustee/Dire) $0 $0 $0
Chuck Mercer (Trustee/Dire) $0 $0 $0
Dick Prowant (Director) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Dec. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$451,224
Expenses
$476,045
Net Income
-$24,821
Net Assets
$2,277,295
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,594
1.9%
Investment Income $2,482
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $440,148
97.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $118,102
24.8%
Assets/Debt
Total Assets $5,156,251
Total Liabilities $2,878,956
Net Assets $2,277,295
Club or Co-Op Income
Income From Members $675,450
Income From Other Sources $2,482
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Larry Froeber (Trustee/Dire) $0 $0 $0
Chuck Mercer (Trustee/Dire) $0 $0 $0
Dick Prowant (Director) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$474,503
Expenses
$477,009
Net Income
-$2,506
Net Assets
$2,302,116
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,780
1.2%
Investment Income $3,529
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $465,009
98.0%
Other Revenue $185
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $117,782
24.7%
Assets/Debt
Total Assets $5,234,238
Total Liabilities $2,932,122
Net Assets $2,302,116
Club or Co-Op Income
Income From Members $702,808
Income From Other Sources $3,714
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Ken Hall (Vice Preside) $0 $0 $0
Dick Prowant (Director) $0 $0 $0
Donald Watts (Director) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$464,396
Expenses
$442,762
Net Income
$21,634
Net Assets
$2,304,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,240
2.2%
Investment Income $5,753
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $448,029
96.5%
Other Revenue $374
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $110,454
24.9%
Assets/Debt
Total Assets $5,278,586
Total Liabilities $2,973,964
Net Assets $2,304,622
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Dick Prowant (Director) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
Donald Watts (Director) $0 $0 $0
Ken Hall (Vice Preside) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$442,174
Expenses
$449,471
Net Income
-$7,297
Net Assets
$2,282,988
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,536
1.9%
Investment Income $766
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $432,750
97.9%
Other Revenue $122
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $116,704
26.0%
Assets/Debt
Total Assets $5,300,080
Total Liabilities $3,017,092
Net Assets $2,282,988
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Dick Prowant (Director) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
Donald Watts (Director) $0 $0 $0
Ken Hall (Vice Preside) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$439,449
Expenses
$445,548
Net Income
-$6,099
Net Assets
$2,290,285
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,228
1.4%
Investment Income $1,217
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,900
0.9%
Net Inventory Sales $427,936
97.4%
Other Revenue $168
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $114,747
25.8%
Assets/Debt
Total Assets $5,346,844
Total Liabilities $3,056,559
Net Assets $2,290,285
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Dick Prowant (Director) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
Jerry Peavey (Vice Pres.) $0 $0 $0
Ken Hall (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$457,846
Expenses
$394,780
Net Income
$63,066
Net Assets
$2,276,049
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,524
2.3%
Investment Income $1,098
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $445,249
97.2%
Other Revenue $975
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $97,118
24.6%
Assets/Debt
Total Assets $5,397,798
Total Liabilities $3,121,749
Net Assets $2,276,049
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Dick Prowant (Director) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
Jerry Peavey (Vice Pres.) $0 $0 $0
Ken Hall (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 4, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$442,288
Expenses
$399,626
Net Income
$42,662
Net Assets
$2,212,983
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,418
1.9%
Investment Income $1,324
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $432,476
97.8%
Other Revenue $70
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $94,942
23.8%
Assets/Debt
Total Assets $5,376,562
Total Liabilities $3,163,579
Net Assets $2,212,983
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Paul Beck (President) $0 $0 $0
Jerry Peavey (Vice Pres.) $0 $0 $0
Ken Hall (Director) $0 $0 $0
Walt Young (Secretary/Tr) $0 $0 $0
Dick Prowant (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,391,558
Expenses
$369,098
Net Income
$1,022,460
Net Assets
$2,170,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $925,000
66.5%
Program Services $7,173
0.5%
Investment Income $1,186
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $457,962
32.9%
Other Revenue $237
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $96,154
26.1%
Assets/Debt
Total Assets $5,370,613
Total Liabilities $3,200,292
Net Assets $2,170,321
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Chris Walters (Sec/Treas) $0 $0 $0
Paul Beck (President) $0 $0 $0
Jerry Peavey (Vice Pres.) $0 $0 $0
Ken Hall (Director) $0 $0 $0
Walt Young (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 6, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$459,495
Expenses
$422,893
Net Income
$36,602
Net Assets
$1,147,861
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,043
2.2%
Investment Income $1,328
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$66
Net Inventory Sales $448,155
97.5%
Other Revenue $35
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $95,642
22.6%
Assets/Debt
Total Assets $5,045,185
Total Liabilities $3,897,324
Net Assets $1,147,861
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$561,562
Expenses
$284,209
Net Income
$277,353
Net Assets
$1,449,974
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,968
2.3%
Investment Income $1,458
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $547,045
97.4%
Other Revenue $91
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $94,228
33.2%
Assets/Debt
Total Assets $1,576,232
Total Liabilities $126,258
Net Assets $1,449,974
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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