Lakes Region Compliance Association

Lakes Region Compliance Association reported minimal financial activity and no officer compensation in its 2015 filing.

EIN: 20515887 · Bedford, NH · NTEE: S41 · Updated: 2026-03-28

$0Revenue
$0Assets
80/100Mission Score (Excellent)
S41
Lakes Region Compliance Association Financial Summary
MetricValue
Total Expenses$941
Program Spending100%
Net Assets$9K
Transparency Score80/100

Is Lakes Region Compliance Association Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Lakes Region Compliance Association directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Lakes Region Compliance Association

Lakes Region Compliance Association (EIN: 20515887) is a nonprofit organization based in Bedford, NH, classified under NTEE code S41. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakes Region Compliance Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

11Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

Lakes Region Compliance Association is a micro nonprofit that has been operating for 11 years.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

Total Revenue$2K
Total Expenses$941
Surplus / Deficit+$1K
Total Assets$9K
Net Assets$9K
Operating Margin53.0%
Months of Reserves109.6 months

Financial Health Grade: A

In 2015, Lakes Region Compliance Association reported a surplus of $1K with revenue exceeding expenses, holds 109.6 months of operating reserves (strong position).

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2015

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Lakes Region Compliance Association appears to be a very small, volunteer-run organization based on its single available IRS 990 filing from 2015. With only $2,001 in revenue and $941 in expenses, its financial activity is minimal. The organization reported no officer compensation, suggesting a reliance on unpaid leadership. Its assets of $8,595 with no liabilities indicate a stable, albeit small, financial position. Given the limited financial activity and the age of the only available filing, a comprehensive assessment of its current financial health, spending efficiency, and transparency is challenging. However, the lack of officer compensation is a positive indicator of efficient use of funds for an organization of this size.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lakes Region Compliance Association with a Mission Score of 80 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: 0%
  • programs: 100%
  • fundraising: 0%

According to IRS 990 filings, Lakes Region Compliance Association allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

$2KTotal Revenue
$941Total Expenses
$9KTotal Assets
$9KNet Assets
  • The organization reported a surplus of $1K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization reported 0% officer compensation in its 2015 filing, indicating that its leadership was unpaid, which is common for very small, volunteer-driven nonprofits.

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 Lakes Region Compliance Association's IRS 990 filings:

  • Only one filing available, and it is from 2015, making current financial assessment impossible.
  • Zero revenue and assets reported in the latest summary, which contradicts the 2015 filing data and suggests a potential data discrepancy or inactivity.

Strengths

The following positive indicators were identified for Lakes Region Compliance Association:

  • 100% of reported expenses in 2015 were allocated to programs, indicating strong program focus.
  • No officer compensation reported in 2015, suggesting efficient use of funds and volunteer leadership.
  • Zero liabilities reported in 2015, indicating financial stability.

Frequently Asked Questions about Lakes Region Compliance Association

Is Lakes Region Compliance Association a legitimate charity?

Lakes Region Compliance Association (EIN: 20515887) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 80/100. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Lakes Region Compliance Association spend its money?

Lakes Region Compliance Association directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Lakes Region Compliance Association tax-deductible?

Lakes Region Compliance Association is registered as a tax-exempt nonprofit (EIN: 20515887). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Lakes Region Compliance Association compare to similar nonprofits?

With a transparency score of 80/100 (Excellent), Lakes Region Compliance Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Lakes Region Compliance Association located?

Lakes Region Compliance Association is headquartered in Bedford, New Hampshire and files with the IRS under EIN 20515887. It is classified under NTEE code S41.

Is Lakes Region Compliance Association still active?

Based on the provided data, the latest filing is from 2015. Without more recent filings or information, it's unclear if the organization is still active.

How does Lakes Region Compliance Association fund its operations?

In 2015, the organization reported $2,001 in revenue. The specific sources of this revenue are not detailed in the provided summary, but for an organization of this size, it likely comes from membership dues, small donations, or event fees.

Filing History

IRS 990 filing history for Lakes Region Compliance Association showing financial trends over 1 year of public records:

In its most recent filing year (2015), Lakes Region Compliance Association reported a surplus of $1K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2015 $2K $941 $9K $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Lakes Region Compliance Association:

2015 Filing

Data Sources and Methodology

This transparency report for Lakes Region Compliance 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.

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