Quick charity verification for North American Lake Management Society (EIN: 10372129)
Verdict: North American Lake Management Society appears trustworthy
90/100Mission Score
$676KRevenue
$889KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation reported across all filings, indicating high efficiency.
Significant growth in assets from $158,052 in 2017 to $829,994 in 2023, demonstrating financial stability.
Positive net income in most recent filing ($899,924 revenue vs. $707,516 expenses), contributing to reserves.
Low liabilities relative to assets, suggesting good financial management and solvency.
Consistent IRS 990 filing history, indicating strong transparency and compliance.
Spending Breakdown
How North American Lake Management Society 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 North American Lake Management Society
Is North American Lake Management Society a legitimate charity?
Based on AI analysis of IRS 990 filings, North American Lake Management Society (EIN: 10372129) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is North American Lake Management Society a good charity to donate to?
North American Lake Management Society has a Mission Score of 90/100. Revenue: $676K. Assets: $889K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North American Lake Management Society?
The Employer Identification Number (EIN) for North American Lake Management Society is 10372129. 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 North American Lake Management Society spend its money?
North American Lake Management Society allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North American Lake Management Society's tax-exempt status?
You can verify North American Lake Management Society's tax-exempt status using EIN 10372129 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 North American Lake Management Society (NALMS) demonstrates generally sound financial health, with a notable increase in assets over the past few years, reaching $829,994 in 2023. While revenue has fluctuated significantly, from a low of $263,830 in 2020 to a high of $1,027,202 in 2019, the organization has consistently managed to maintain positive net assets. The latest filing shows strong revenue of $899,924 against expenses of $707,516, indicating a healthy surplus for the period.
Spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-led or very lean executive structure. This contributes positively to the organization's ability to direct funds towards its mission. The organization's liabilities have remained relatively low compared to its assets, indicating good financial management and solvency.
Transparency is excellent, as evidenced by the consistent filing of IRS Form 990s and the clear reporting of financial data, including the absence of officer compensation. This level of detail allows for a thorough analysis of their financial operations and commitment to their mission.