China Lake Association
China Lake Association reports healthy financial surplus and asset growth with no officer compensation.
EIN: 10450868 · China Village, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $26K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $84,253, |
| Net Assets | $123K |
| Transparency Score | 90/100 |
Is China Lake Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
China Lake Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About China Lake Association
China Lake Association (EIN: 10450868) is a nonprofit organization based in China Village, ME. The organization reported total revenue of $108K and total assets of $180K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of China Lake Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
China Lake Association is a small nonprofit that has been operating for 32 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $26K |
| Surplus / Deficit | +$58K |
| Total Assets | $123K |
| Total Liabilities | $18 |
| Net Assets | $123K |
| Operating Margin | 68.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 55.9 months |
Financial Health Grade: A
In 2023, China Lake Association reported a surplus of $58K with revenue exceeding expenses, holds 55.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 China Lake Association 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, China Lake Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $58K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation was reported in the 2023 filing, which is highly favorable for an organization with revenues of $84,253, indicating that funds are directly applied to the mission rather than executive salaries.
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 China Lake Association:
- Strong financial health with significant surplus ($84,253 revenue vs. $26,473 expenses in 2023).
- Consistent asset growth (from $123,304 in 2023 to $179,960 currently).
- No reported officer compensation, indicating efficient use of funds.
- Low expense ratio relative to revenue, suggesting high spending efficiency.
- Healthy balance sheet with assets significantly exceeding liabilities ($179,960 assets vs. $18 liabilities in 2023).
Frequently Asked Questions about China Lake Association
Is China Lake Association a legitimate charity?
China Lake Association (EIN: 10450868) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. Total revenue: $108K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does China Lake Association spend its money?
China Lake Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to China Lake Association tax-deductible?
China Lake Association is registered as a tax-exempt nonprofit (EIN: 10450868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the China Lake Association CEO make?
China Lake Association's highest-compensated officer earns $84,253, annually. The organization reported $108K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of China Lake Association's spending goes to programs?
China Lake Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is China Lake Association located?
China Lake Association is headquartered in China Village, Maine and files with the IRS under EIN 10450868.
Is China Lake Association a good charity?
Based on the available financial data, China Lake Association appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a highly efficient use of funds, evidenced by a substantial surplus in 2023 ($84,253 revenue vs. $26,473 expenses) and no reported officer compensation.
How does China Lake Association manage its expenses?
The organization manages its expenses very efficiently. In 2023, total expenses were only $26,473 against revenues of $84,253, resulting in a large surplus. This indicates a lean operational structure and a focus on maximizing the impact of its revenue.
What is the financial trend of China Lake Association?
The financial trend is positive, showing growth and stability. Revenues increased from $84,253 in 2023 to $107,602 currently, and assets grew from $123,304 in 2023 to $179,960, indicating healthy financial management and accumulation of reserves.
Filing History
IRS 990 filing history for China Lake Association showing financial trends over 1 year of public records:
In its most recent filing year (2023), China Lake Association reported a surplus of $58K, with revenue exceeding expenses. The organization holds $18 in liabilities against $123K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $123K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $26K | $123K | $18 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for China Lake Association:
Data Sources and Methodology
This transparency report for China Lake Association 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.