Belleau Lake Property Owners Association Inc
Belleau Lake Property Owners Association Inc shows consistent asset growth and no executive compensation.
EIN: 20349707 · E Wakefield, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $132K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $196,736. |
| Net Assets | $411K |
| Transparency Score | 90/100 |
Is Belleau Lake Property Owners Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Belleau Lake Property Owners Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Belleau Lake Property Owners Association Inc
Belleau Lake Property Owners Association Inc (EIN: 20349707) is a nonprofit organization based in E Wakefield, NH. The organization reported total revenue of $197K and total assets of $400K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belleau Lake Property Owners Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Belleau Lake Property Owners Association Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $132K |
| Surplus / Deficit | +$48K |
| Total Assets | $416K |
| Total Liabilities | $6K |
| Net Assets | $411K |
| Operating Margin | 26.8% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 37.8 months |
Financial Health Grade: A
In 2023, Belleau Lake Property Owners Association Inc reported a surplus of $48K with revenue exceeding expenses, holds 37.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Belleau Lake Property Owners Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | +11.8% | +13.3% |
| 2022 | -7.2% | -17.4% | +12.3% |
| 2021 | -9.9% | +11.7% | +8.8% |
| 2020 | +20.3% | -34.4% | +25.2% |
| 2019 | +7.9% | +67.5% | -13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Belleau Lake Property Owners Association Inc with a Mission Score of 90 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Belleau Lake Property Owners Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led structure, which is highly efficient for an organization of its size with latest revenue of $196,736.
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 Belleau Lake Property Owners Association Inc:
- Consistent asset growth, from $144,175 in 2014 to $416,358 in 2023.
- Minimal liabilities, consistently below $6,000, indicating strong financial stability.
- 0% officer compensation reported across all filings, suggesting a volunteer-driven and highly efficient leadership.
- Revenues generally exceed expenses, demonstrating sound financial management (e.g., 2023 revenue $180,629 vs. expenses $132,307).
- Consistent IRS 990 filing history (13 filings), indicating good transparency.
Frequently Asked Questions about Belleau Lake Property Owners Association Inc
Is Belleau Lake Property Owners Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Belleau Lake Property Owners Association Inc (EIN: 20349707) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Belleau Lake Property Owners Association Inc spend its money?
Belleau Lake Property Owners Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Belleau Lake Property Owners Association Inc tax-deductible?
Belleau Lake Property Owners Association Inc is registered as a tax-exempt nonprofit (EIN: 20349707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Belleau Lake Property Owners Association Inc CEO make?
Belleau Lake Property Owners Association Inc's highest-compensated officer earns $196,736. annually. The organization reported $197K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Belleau Lake Property Owners Association Inc's spending goes to programs?
Belleau Lake Property Owners Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Belleau Lake Property Owners Association Inc located?
Belleau Lake Property Owners Association Inc is headquartered in E Wakefield, New Hampshire and files with the IRS under EIN 20349707.
How many years of IRS 990 filings does Belleau Lake Property Owners Association Inc have?
Belleau Lake Property Owners Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $197K in total revenue.
Is Belleau Lake Property Owners Association Inc a good charity?
Based on the financial data, Belleau Lake Property Owners Association Inc appears to be a well-managed and financially sound organization. It consistently grows its assets, maintains low liabilities, and reports no officer compensation, suggesting efficient use of funds and a strong volunteer base.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth. Assets have steadily increased from $144,175 in 2014 to $416,358 in 2023. Revenues have generally exceeded expenses, contributing to this positive trend, with only a few years like 2019 and 2014 showing expenses exceeding revenue.
What is the organization's approach to executive compensation?
Belleau Lake Property Owners Association Inc reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Belleau Lake Property Owners Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Belleau Lake Property Owners Association Inc's revenue has grown by 11.3%, moving from $162K to $181K. Total assets increased by 182.6% over the same period, from $147K to $416K. Total functional expenses rose by 7.6%, from $123K to $132K. In its most recent filing year (2023), Belleau Lake Property Owners Association Inc reported a surplus of $48K, with revenue exceeding expenses. The organization holds $6K in liabilities against $416K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $411K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $132K | $416K | $6K | — | View 990 |
| 2022 | $157K | $118K | $368K | $5K | — | View 990 |
| 2021 | $170K | $143K | $327K | $4K | — | View 990 |
| 2020 | $188K | $128K | $301K | $4K | — | — |
| 2019 | $157K | $195K | $240K | $3K | — | View 990 |
| 2018 | $145K | $117K | $279K | $3K | — | View 990 |
| 2017 | $151K | $151K | $247K | $0 | — | View 990 |
| 2016 | $134K | $93K | $248K | $0 | — | View 990 |
| 2015 | $150K | $88K | $207K | $0 | — | View 990 |
| 2014 | $65K | $120K | $144K | $0 | — | View 990 |
| 2013 | $160K | $129K | $199K | $0 | — | View 990 |
| 2012 | $146K | $125K | $168K | $0 | — | View 990 |
| 2011 | $162K | $123K | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $132K, and assets of $416K (revenue +14.8% year-over-year).
- 2022: Revenue of $157K, expenses of $118K, and assets of $368K (revenue -7.2% year-over-year).
- 2021: Revenue of $170K, expenses of $143K, and assets of $327K (revenue -9.9% year-over-year).
- 2020: Revenue of $188K, expenses of $128K, and assets of $301K (revenue +20.3% year-over-year).
- 2019: Revenue of $157K, expenses of $195K, and assets of $240K (revenue +7.9% year-over-year).
- 2018: Revenue of $145K, expenses of $117K, and assets of $279K (revenue -3.7% year-over-year).
- 2017: Revenue of $151K, expenses of $151K, and assets of $247K (revenue +12.3% year-over-year).
- 2016: Revenue of $134K, expenses of $93K, and assets of $248K (revenue -10.8% year-over-year).
- 2015: Revenue of $150K, expenses of $88K, and assets of $207K (revenue +130.5% year-over-year).
- 2014: Revenue of $65K, expenses of $120K, and assets of $144K (revenue -59.3% year-over-year).
- 2013: Revenue of $160K, expenses of $129K, and assets of $199K (revenue +10.2% year-over-year).
- 2012: Revenue of $146K, expenses of $125K, and assets of $168K (revenue -10.3% year-over-year).
- 2011: Revenue of $162K, expenses of $123K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Belleau Lake Property Owners Association Inc:
Data Sources and Methodology
This transparency report for Belleau Lake Property Owners Association Inc 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.