Chocorua Lake Conservancy

Chocorua Lake Conservancy shows strong asset growth and zero officer compensation over a decade.

EIN: 20277083 · Tamworth, NH · NTEE: C20 · Updated: 2026-03-28

$823KRevenue

$4.1MAssets

95/100Mission Score (Excellent)

C20

About Chocorua Lake Conservancy

Chocorua Lake Conservancy (EIN: 20277083) is a nonprofit organization based in Tamworth, NH, classified under NTEE code C20. The organization reported total revenue of $823K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chocorua Lake Conservancy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Chocorua Lake Conservancy demonstrates consistent financial health and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown steady growth in assets, increasing from $936,909 in 2014 to $3,715,558 in 2023, indicating effective asset management and donor confidence. Revenue streams have fluctuated, with notable peaks in 2018 ($857,429) and 2016 ($614,725), but generally support its operational expenses, which have also seen a gradual increase over the decade. The organization consistently reports zero officer compensation, which is a significant indicator of volunteer leadership and a high degree of financial efficiency, ensuring that donor funds are directed towards programmatic activities rather than executive salaries.

Spending efficiency appears robust, with expenses consistently lower than revenue in most years, allowing for asset accumulation. For example, in 2023, revenue was $379,405 against expenses of $305,199. The absence of liabilities in most reporting periods further underscores sound financial management and a low-risk profile. The organization's NTEE code C20 (Land Resources Conservation) aligns well with its name, suggesting a clear programmatic focus. The consistent filing of 10 IRS 990 forms over the period demonstrates a commitment to transparency and regulatory compliance.

Overall, the Chocorua Lake Conservancy appears to be a well-managed and financially stable organization with a clear mission. Its strong asset base, low overhead (due to zero officer compensation), and consistent financial reporting paint a picture of a responsible steward of donor contributions. The lack of reported liabilities in most years is also a positive sign of fiscal prudence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chocorua Lake Conservancy with a Mission Score of 95 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Chocorua Lake Conservancy allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all ten filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with assets over $3.7 million.

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 Chocorua Lake Conservancy:

Consistent asset growth, from $936,909 in 2014 to $3,715,558 in 2023.
Zero officer compensation reported across all ten filings, indicating high operational efficiency.
Consistently low or zero liabilities, demonstrating strong financial management.
Regular and transparent IRS 990 filings over a decade.
Expenses consistently lower than revenue in most years, allowing for asset accumulation.

Frequently Asked Questions about Chocorua Lake Conservancy

Is Chocorua Lake Conservancy a good charity?

Based on the provided IRS 990 data, Chocorua Lake Conservancy appears to be a very good charity. It demonstrates strong financial health with growing assets, consistent revenue, and remarkably efficient operations due to zero officer compensation, meaning donor funds are maximized for its mission.

How has the organization's financial health changed over the past decade?

The organization's financial health has significantly strengthened over the past decade. Assets grew from $936,909 in 2014 to $3,715,558 in 2023, and it consistently maintains low to zero liabilities, indicating robust financial management and growth.

What is the organization's approach to executive compensation?

The Chocorua Lake Conservancy's approach to executive compensation is highly efficient, reporting 0% officer compensation across all ten filings. This suggests a volunteer-led model where leadership is not compensated, directing more resources to programs.

Does the organization have any significant liabilities?

No, the organization consistently reports very low or zero liabilities across its filings. For example, in 2023, liabilities were $0, indicating strong fiscal responsibility and a low-risk financial profile.

Filing History

IRS 990 filing history for Chocorua Lake Conservancy showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2014–2023), Chocorua Lake Conservancy's revenue has grown by 421.7%, moving from $73K to $379K. Total assets increased by 296.6% over the same period, from $937K to $3.7M. Total functional expenses rose by 466.1%, from $54K to $305K. In its most recent filing year (2023), Chocorua Lake Conservancy reported a surplus of $74K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$379K	$305K	$3.7M	$0	—	—
2022	$361K	$245K	$3.3M	$0	—	—
2021	$254K	$161K	$3.5M	$3K	—	View 990
2020	$279K	$203K	$3.1M	$19K	—	—
2019	$269K	$151K	$2.8M	$3K	—	View 990
2018	$857K	$214K	$2.4M	$0	—	View 990
2017	$448K	$153K	$1.9M	$0	—	View 990
2016	$615K	$106K	$1.5M	$0	—	View 990
2015	$95K	$75K	$947K	$0	—	View 990
2014	$73K	$54K	$937K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $379K, expenses of $305K, and assets of $3.7M (revenue +5.0% year-over-year).
2022: Revenue of $361K, expenses of $245K, and assets of $3.3M (revenue +41.9% year-over-year).
2021: Revenue of $254K, expenses of $161K, and assets of $3.5M (revenue -8.8% year-over-year).
2020: Revenue of $279K, expenses of $203K, and assets of $3.1M (revenue +3.9% year-over-year).
2019: Revenue of $269K, expenses of $151K, and assets of $2.8M (revenue -68.7% year-over-year).
2018: Revenue of $857K, expenses of $214K, and assets of $2.4M (revenue +91.6% year-over-year).
2017: Revenue of $448K, expenses of $153K, and assets of $1.9M (revenue -27.2% year-over-year).
2016: Revenue of $615K, expenses of $106K, and assets of $1.5M (revenue +548.4% year-over-year).
2015: Revenue of $95K, expenses of $75K, and assets of $947K (revenue +30.4% year-over-year).
2014: Revenue of $73K, expenses of $54K, and assets of $937K.

Data Sources and Methodology

This transparency report for Chocorua Lake Conservancy 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.