Forest Lake Improvement Association Of Winchester Nh
Forest Lake Improvement Association shows consistent asset growth and zero officer compensation over three years.
EIN: 20479914 · Winchester, NH · NTEE: C32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $332K |
| Total Expenses | $41K |
| Program Spending | 90% |
| Net Assets | $264K |
| Transparency Score | 95/100 |
Is Forest Lake Improvement Association Of Winchester Nh Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Forest Lake Improvement Association Of Winchester Nh directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Forest Lake Improvement Association Of Winchester Nh
Forest Lake Improvement Association Of Winchester Nh (EIN: 20479914) is a nonprofit organization based in Winchester, NH, classified under NTEE code C32. The organization reported total revenue of $332K and total assets of $445K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forest Lake Improvement Association Of Winchester Nh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forest Lake Improvement Association Of Winchester Nh is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 17.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $41K |
| Surplus / Deficit | +$121K |
| Total Assets | $264K |
| Net Assets | $264K |
| Operating Margin | 74.9% |
| Months of Reserves | 77.9 months |
Financial Health Grade: A
In 2023, Forest Lake Improvement Association Of Winchester Nh reported a surplus of $121K with revenue exceeding expenses, holds 77.9 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Forest Lake Improvement Association Of Winchester Nh's revenue has grown at a compound annual growth rate (CAGR) of 17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +241.3% | +16.6% | +85.3% |
| 2022 | -59.3% | +118.3% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
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 Forest Lake Improvement Association Of Winchester Nh 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Forest Lake Improvement Association Of Winchester Nh 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $121K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a volunteer-led organization or one where leadership is not compensated, which is highly efficient for a nonprofit of this size.
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 Forest Lake Improvement Association Of Winchester Nh:
- Consistent asset growth (from $129,723 in 2021 to $263,826 in 2023)
- Zero liabilities reported across all filings
- 0% officer compensation, indicating efficient use of funds
- Strong revenue generation relative to expenses, leading to surpluses
- High financial stability and fiscal responsibility
Frequently Asked Questions about Forest Lake Improvement Association Of Winchester Nh
Is Forest Lake Improvement Association Of Winchester Nh a legitimate charity?
Based on AI analysis of IRS 990 filings, Forest Lake Improvement Association Of Winchester Nh (EIN: 20479914) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Forest Lake Improvement Association Of Winchester Nh spend its money?
Forest Lake Improvement Association Of Winchester Nh directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Forest Lake Improvement Association Of Winchester Nh tax-deductible?
Forest Lake Improvement Association Of Winchester Nh is registered as a tax-exempt nonprofit (EIN: 20479914). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Forest Lake Improvement Association Of Winchester Nh compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Forest Lake Improvement Association Of Winchester Nh is above average for NTEE category C32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Forest Lake Improvement Association Of Winchester Nh located?
Forest Lake Improvement Association Of Winchester Nh is headquartered in Winchester, New Hampshire and files with the IRS under EIN 20479914. It is classified under NTEE code C32.
How many years of IRS 990 filings does Forest Lake Improvement Association Of Winchester Nh have?
Forest Lake Improvement Association Of Winchester Nh has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $332K in total revenue.
Is Forest Lake Improvement Association Of Winchester Nh a good charity?
Yes, based on the IRS 990 data, it appears to be a very good charity. It has consistently grown its assets, maintains zero liabilities, and reports 0% officer compensation, indicating strong financial health and a focus on its mission.
How does the organization manage its finances?
The organization manages its finances very conservatively and efficiently. It consistently generates more revenue than expenses, leading to asset growth (from $129,723 in 2021 to $263,826 in 2023) and maintains zero liabilities, suggesting excellent fiscal responsibility.
What is the organization's spending efficiency?
The organization demonstrates high spending efficiency. For example, in 2023, expenses were only $40,616 against revenues of $162,053, meaning a large portion of its income is retained or directly invested in its mission, rather than being consumed by overhead.
Filing History
IRS 990 filing history for Forest Lake Improvement Association Of Winchester Nh showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Forest Lake Improvement Association Of Winchester Nh's revenue has grown by 38.9%, moving from $117K to $162K. Total assets increased by 103.4% over the same period, from $130K to $264K. Total functional expenses rose by 154.6%, from $16K to $41K. In its most recent filing year (2023), Forest Lake Improvement Association Of Winchester Nh reported a surplus of $121K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $162K | $41K | $264K | $0 | — | — |
| 2022 | $47K | $35K | $142K | $0 | — | View 990 |
| 2021 | $117K | $16K | $130K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $162K, expenses of $41K, and assets of $264K (revenue +241.3% year-over-year).
- 2022: Revenue of $47K, expenses of $35K, and assets of $142K (revenue -59.3% year-over-year).
- 2021: Revenue of $117K, expenses of $16K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forest Lake Improvement Association Of Winchester Nh:
Data Sources and Methodology
This transparency report for Forest Lake Improvement Association Of Winchester Nh 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.