Lake Arrowhead Community Inc
Lake Arrowhead Community Inc maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 10341134 · N Waterboro, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| Net Assets | $3.2M |
| Transparency Score | 85/100 |
Is Lake Arrowhead Community Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lake Arrowhead Community Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lake Arrowhead Community Inc
Lake Arrowhead Community Inc (EIN: 10341134) is a nonprofit organization based in N Waterboro, ME. The organization reported total revenue of $2.5M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Arrowhead Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Arrowhead Community Inc is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$336K |
| Total Assets | $3.7M |
| Total Liabilities | $440K |
| Net Assets | $3.2M |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 22.8 months |
Financial Health Grade: A
In 2024, Lake Arrowhead Community Inc reported a surplus of $336K with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Lake Arrowhead Community Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.1% | -3.8% | +7.7% |
| 2023 | +7.9% | +7.3% | -2.5% |
| 2022 | +0.9% | -1.4% | -1.4% |
| 2021 | -2.6% | +5.9% | +2.1% |
| 2020 | -0.9% | -5.3% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Lake Arrowhead Community Inc with a Mission Score of 85 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, Lake Arrowhead Community 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $336K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer channels, which is a strong positive for resource allocation.
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.
Red Flags
The following concerns were identified during AI analysis of Lake Arrowhead Community Inc's IRS 990 filings:
- NTEE Code Unknown: Lack of a specific NTEE code makes it harder to categorize and compare the organization's mission and activities with peers.
Strengths
The following positive indicators were identified for Lake Arrowhead Community Inc:
- Consistent Asset Growth: Assets have steadily increased from $3.4 million in 2015 to $3.67 million in 2024, indicating strong financial management.
- No Reported Officer Compensation: 0% officer compensation across all filings suggests efficient use of funds and potentially volunteer leadership.
- Stable Revenue Stream: Revenues have been consistent and shown growth over the past decade, reaching $2,268,170 in 2024.
- Positive Net Income: The latest filing (2024) shows a significant surplus of $335,617, contributing to financial health.
Frequently Asked Questions about Lake Arrowhead Community Inc
Is Lake Arrowhead Community Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Arrowhead Community Inc (EIN: 10341134) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Lake Arrowhead Community Inc spend its money?
Lake Arrowhead Community Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lake Arrowhead Community Inc tax-deductible?
Lake Arrowhead Community Inc is registered as a tax-exempt nonprofit (EIN: 10341134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lake Arrowhead Community Inc's spending goes to programs?
Lake Arrowhead Community Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lake Arrowhead Community Inc located?
Lake Arrowhead Community Inc is headquartered in N Waterboro, Maine and files with the IRS under EIN 10341134.
How many years of IRS 990 filings does Lake Arrowhead Community Inc have?
Lake Arrowhead Community 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 $2.5M in total revenue.
Is Lake Arrowhead Community Inc a good charity?
Based on the available financial data, Lake Arrowhead Community Inc appears to be a financially stable organization with consistent revenue and asset growth. The lack of reported officer compensation is a significant positive indicator of efficient resource allocation. However, without detailed expense breakdowns (program vs. admin/fundraising), a complete assessment of 'goodness' is limited.
How has Lake Arrowhead Community Inc's financial health changed over time?
The organization has shown consistent financial stability and growth. Revenues have steadily increased from around $1.8 million in 2015 to over $2.2 million in 2024. Assets have also grown from $3.4 million in 2015 to $3.67 million in 2024, indicating a healthy accumulation of resources.
What is the organization's approach to executive compensation?
Lake Arrowhead Community Inc consistently reports 0% officer compensation across all 13 filings, suggesting a commitment to minimizing overhead in this area, potentially through volunteer leadership or alternative compensation structures not classified as officer pay.
Does the organization operate with a surplus or deficit?
In recent years, the organization has generally operated with a surplus. For example, in 2024, revenue ($2,268,170) exceeded expenses ($1,932,553) by $335,617. While there were minor deficits in some years (e.g., 2023, 2022, 2021), the overall trend shows financial stability and positive net income.
Filing History
IRS 990 filing history for Lake Arrowhead Community Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lake Arrowhead Community Inc's revenue has grown by 34.9%, moving from $1.7M to $2.3M. Total assets increased by 3.6% over the same period, from $3.5M to $3.7M. Total functional expenses rose by 14.7%, from $1.7M to $1.9M. In its most recent filing year (2024), Lake Arrowhead Community Inc reported a surplus of $336K, with revenue exceeding expenses. The organization holds $440K in liabilities against $3.7M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $1.9M | $3.7M | $440K | — | View 990 |
| 2023 | $2.0M | $2.0M | $3.4M | $515K | — | View 990 |
| 2022 | $1.9M | $1.9M | $3.5M | $599K | — | View 990 |
| 2021 | $1.8M | $1.9M | $3.6M | $636K | — | View 990 |
| 2020 | $1.9M | $1.8M | $3.5M | $503K | — | View 990 |
| 2019 | $1.9M | $1.9M | $3.4M | $542K | — | View 990 |
| 2018 | $1.9M | $1.9M | $3.5M | $607K | — | View 990 |
| 2017 | $1.8M | $1.9M | $3.4M | $576K | — | View 990 |
| 2016 | $1.8M | $1.6M | $3.6M | $635K | — | View 990 |
| 2015 | $1.8M | $1.8M | $3.4M | $685K | — | View 990 |
| 2014 | $1.8M | $1.9M | $3.4M | $734K | — | View 990 |
| 2013 | $1.7M | $1.7M | $3.6M | $726K | — | View 990 |
| 2012 | $1.7M | $1.7M | $3.5M | $696K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.3M, expenses of $1.9M, and assets of $3.7M (revenue +13.1% year-over-year).
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $3.4M (revenue +7.9% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.9M, and assets of $3.5M (revenue +0.9% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.9M, and assets of $3.6M (revenue -2.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.8M, and assets of $3.5M (revenue -0.9% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.9M, and assets of $3.4M (revenue +2.6% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $3.5M (revenue +3.3% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $3.4M (revenue -2.2% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.6M, and assets of $3.6M (revenue +0.6% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $3.4M (revenue +4.5% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.9M, and assets of $3.4M (revenue +2.5% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $3.6M (revenue +1.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Arrowhead Community Inc:
Data Sources and Methodology
This transparency report for Lake Arrowhead Community 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.