Quick charity verification for Lake Winnipesaukee Association (EIN: 20332012)
Verdict: Lake Winnipesaukee Association appears trustworthy
90/100Mission Score
$969KRevenue
$837KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $94,622 in 201512 to $334,206 in 202312.
Strong asset growth, from $57,392 in 201512 to $305,015 in 202312.
No reported officer compensation across all filings, indicating high efficiency in leadership costs.
Positive net income in most recent periods, such as a $60,675 surplus in 202312 ($334,206 revenue - $273,531 expenses).
Low liabilities in the most recent period ($400 in 202312) relative to assets, indicating strong financial solvency.
Spending Breakdown
How Lake Winnipesaukee Association allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Lake Winnipesaukee Association
Is Lake Winnipesaukee Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Winnipesaukee Association (EIN: 20332012) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Lake Winnipesaukee Association a good charity to donate to?
Lake Winnipesaukee Association has a Mission Score of 90/100. Revenue: $969K. Assets: $837K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lake Winnipesaukee Association?
The Employer Identification Number (EIN) for Lake Winnipesaukee Association is 20332012. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Lake Winnipesaukee Association spend its money?
Lake Winnipesaukee Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lake Winnipesaukee Association's tax-exempt status?
You can verify Lake Winnipesaukee Association's tax-exempt status using EIN 20332012 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Lake Winnipesaukee Association demonstrates a generally healthy financial trajectory, marked by consistent growth in revenue and assets over the past several years. In the latest reported period (202312), the organization generated $334,206 in revenue against $273,531 in expenses, indicating a surplus. This positive trend is a significant improvement from earlier periods, such as 201512, where expenses ($103,046) exceeded revenue ($94,622).
The organization's spending efficiency appears strong, with a notable absence of officer compensation reported across all filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990. This contributes to a higher proportion of funds likely directed towards program services. The asset base has also grown substantially, from $57,392 in 201512 to $305,015 in 202312, indicating increasing financial stability and capacity.
While the provided data does not detail the exact breakdown of program, administrative, and fundraising expenses, the overall financial health and the lack of reported officer compensation suggest a well-managed organization. The consistent filing of IRS 990s over nine periods also points to a commitment to transparency, allowing public scrutiny of its financial activities.