Association For The Preservation Of Clear Lake
Clear Lake preservation group maintains strong assets and low expenses, consistently operating with a surplus in recent years.
EIN: 201454412 · Clear Lake, IA · NTEE: C30 · Updated: 2026-03-28
Is Association For The Preservation Of Clear Lake Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association For The Preservation Of Clear Lake directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association For The Preservation Of Clear Lake
Association For The Preservation Of Clear Lake (EIN: 201454412) is a nonprofit organization based in Clear Lake, IA, classified under NTEE code C30. The organization reported total revenue of $20K and total assets of $297K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association For The Preservation Of Clear Lake's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association For The Preservation Of Clear Lake with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Association For The Preservation Of Clear Lake allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based. This significantly reduces administrative costs and allows more funds to be directed towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Association For The Preservation Of Clear Lake:
- Strong asset base relative to annual operations ($283,511 assets vs. $20,391 revenue in 202312).
- Consistent financial surpluses in recent years (e.g., $20,391 revenue vs. $5,203 expenses in 202312).
- Zero reported officer compensation, indicating volunteer leadership and low administrative overhead.
- Very low overall expenses, suggesting efficient use of funds.
- No reported liabilities across all filing periods, indicating strong financial health.
Frequently Asked Questions about Association For The Preservation Of Clear Lake
Is Association For The Preservation Of Clear Lake a legitimate charity?
Based on AI analysis of IRS 990 filings, Association For The Preservation Of Clear Lake (EIN: 201454412) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Association For The Preservation Of Clear Lake spend its money?
Association For The Preservation Of Clear Lake directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association For The Preservation Of Clear Lake tax-deductible?
Association For The Preservation Of Clear Lake is registered as a tax-exempt nonprofit (EIN: 201454412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Association For The Preservation Of Clear Lake a good charity?
Based on its financial data, the Association For The Preservation Of Clear Lake appears to be a very good charity. It maintains a strong asset base ($283,511 in 202312), operates with very low expenses ($5,203 in 202312), and has consistently reported surpluses in recent years. The absence of executive compensation further highlights its efficiency and dedication to its mission.
How does the organization manage its finances given its small revenue?
Despite relatively small annual revenues (e.g., $20,391 in 202312), the organization manages its finances effectively by keeping expenses very low (e.g., $5,203 in 202312) and maintaining a substantial asset base ($283,511 in 202312). This allows it to operate sustainably and even grow its assets over time.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend in recent years, increasing from $256,694 in 202212 to $283,511 in 202312. While there was a historical decline from a peak of $320,839 in 201512, the current trend indicates asset growth and financial stability.
Filing History
IRS 990 filing history for Association For The Preservation Of Clear Lake showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association For The Preservation Of Clear Lake's revenue has declined by 48.3%, moving from $39K to $20K. Total assets decreased by 23% over the same period, from $368K to $284K. Total functional expenses fell by 94.9%, from $102K to $5K. In its most recent filing year (2023), Association For The Preservation Of Clear Lake reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $5K | $284K | $0 | — | — |
| 2022 | $22K | $6K | $257K | $0 | — | View 990 |
| 2021 | $24K | $23K | $259K | $0 | — | — |
| 2020 | $13K | $24K | $262K | $0 | — | — |
| 2019 | $20K | $30K | $274K | $0 | — | View 990 |
| 2018 | $15K | $26K | $284K | $0 | — | View 990 |
| 2017 | $9K | $23K | $295K | $0 | — | View 990 |
| 2016 | $9K | $20K | $310K | $0 | — | View 990 |
| 2015 | $9K | $8K | $321K | $0 | — | View 990 |
| 2014 | $6K | $21K | $319K | $0 | — | View 990 |
| 2013 | $11K | $43K | $334K | $0 | — | View 990 |
| 2012 | $16K | $18K | $366K | $0 | — | View 990 |
| 2011 | $39K | $102K | $368K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $5K, and assets of $284K (revenue -8.9% year-over-year).
- 2022: Revenue of $22K, expenses of $6K, and assets of $257K (revenue -5.5% year-over-year).
- 2021: Revenue of $24K, expenses of $23K, and assets of $259K (revenue +88.8% year-over-year).
- 2020: Revenue of $13K, expenses of $24K, and assets of $262K (revenue -37.3% year-over-year).
- 2019: Revenue of $20K, expenses of $30K, and assets of $274K (revenue +37.7% year-over-year).
- 2018: Revenue of $15K, expenses of $26K, and assets of $284K (revenue +68.1% year-over-year).
- 2017: Revenue of $9K, expenses of $23K, and assets of $295K (revenue -1.3% year-over-year).
- 2016: Revenue of $9K, expenses of $20K, and assets of $310K (revenue -7.0% year-over-year).
- 2015: Revenue of $9K, expenses of $8K, and assets of $321K (revenue +50.4% year-over-year).
- 2014: Revenue of $6K, expenses of $21K, and assets of $319K (revenue -41.5% year-over-year).
- 2013: Revenue of $11K, expenses of $43K, and assets of $334K (revenue -32.1% year-over-year).
- 2012: Revenue of $16K, expenses of $18K, and assets of $366K (revenue -60.1% year-over-year).
- 2011: Revenue of $39K, expenses of $102K, and assets of $368K.
Data Sources and Methodology
This transparency report for Association For The Preservation Of Clear Lake is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.