Lakes Region Consumer Advisory Board
Lakes Region Consumer Advisory Board consistently operates with a surplus and reports no officer compensation.
EIN: 20449867 · Laconia, NH · NTEE: F30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $519K |
| Total Expenses | $407K |
| Program Spending | 90% |
| Net Assets | $218K |
| Transparency Score | 92/100 |
Is Lakes Region Consumer Advisory Board Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakes Region Consumer Advisory Board directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakes Region Consumer Advisory Board
Lakes Region Consumer Advisory Board (EIN: 20449867) is a nonprofit organization based in Laconia, NH, classified under NTEE code F30Z. The organization reported total revenue of $519K and total assets of $304K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakes Region Consumer Advisory Board's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakes Region Consumer Advisory Board is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $433K |
| Total Expenses | $407K |
| Surplus / Deficit | +$26K |
| Total Assets | $247K |
| Total Liabilities | $29K |
| Net Assets | $218K |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Lakes Region Consumer Advisory Board reported a surplus of $26K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lakes Region Consumer Advisory Board's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.1% | +37.5% | +10.2% |
| 2022 | -5.4% | -5.0% | -4.1% |
| 2021 | -6.4% | +3.2% | +4.5% |
| 2020 | -11.2% | -12.0% | +3.4% |
| 2019 | +6.1% | +3.9% | -17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Lakes Region Consumer Advisory Board with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Lakes Region Consumer Advisory Board allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-led organization or that compensation is below IRS reporting thresholds, which significantly reduces administrative overhead.
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 Lakes Region Consumer Advisory Board:
- Consistent financial surpluses (e.g., $26,319 in 202306)
- No reported officer compensation, indicating low overhead
- Steady growth in net assets over time (from $219,857 in 201406 to $246,983 in 202306)
- Strong program spending efficiency due to minimal administrative costs
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Lakes Region Consumer Advisory Board
Is Lakes Region Consumer Advisory Board a legitimate charity?
Lakes Region Consumer Advisory Board (EIN: 20449867) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $519K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Lakes Region Consumer Advisory Board spend its money?
Lakes Region Consumer Advisory Board directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Lakes Region Consumer Advisory Board tax-deductible?
Lakes Region Consumer Advisory Board is registered as a tax-exempt nonprofit (EIN: 20449867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lakes Region Consumer Advisory Board's spending goes to programs?
Lakes Region Consumer Advisory Board directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lakes Region Consumer Advisory Board compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lakes Region Consumer Advisory Board is above average for NTEE category F30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lakes Region Consumer Advisory Board located?
Lakes Region Consumer Advisory Board is headquartered in Laconia, New Hampshire and files with the IRS under EIN 20449867. It is classified under NTEE code F30Z.
How many years of IRS 990 filings does Lakes Region Consumer Advisory Board have?
Lakes Region Consumer Advisory Board 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 $519K in total revenue.
Is Lakes Region Consumer Advisory Board a good charity?
Based on its financial data, Lakes Region Consumer Advisory Board appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports no officer compensation, indicating efficient use of funds and a strong focus on its mission.
How has the organization's financial health changed over the last decade?
Over the last decade, Lakes Region Consumer Advisory Board has shown consistent financial health. Revenue and expenses have generally increased, with revenue consistently exceeding expenses, leading to a steady growth in assets from $219,857 in 201406 to $246,983 in 202306.
What is the trend in the organization's liabilities?
The organization's liabilities have fluctuated but generally remained manageable relative to its assets. For example, liabilities decreased from $164,039 in 201406 to $29,024 in 202306, indicating improved financial stability.
Filing History
IRS 990 filing history for Lakes Region Consumer Advisory Board showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakes Region Consumer Advisory Board's revenue has grown by 27.1%, moving from $340K to $433K. Total assets decreased by 0.2% over the same period, from $248K to $247K. Total functional expenses rose by 20.1%, from $339K to $407K. In its most recent filing year (2023), Lakes Region Consumer Advisory Board reported a surplus of $26K, with revenue exceeding expenses. The organization holds $29K in liabilities against $247K in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $218K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $433K | $407K | $247K | $29K | — | View 990 |
| 2022 | $298K | $296K | $224K | $32K | — | View 990 |
| 2021 | $315K | $311K | $234K | $45K | — | View 990 |
| 2020 | $337K | $301K | $224K | $39K | — | View 990 |
| 2019 | $379K | $342K | $216K | $67K | — | View 990 |
| 2018 | $357K | $329K | $261K | $149K | — | View 990 |
| 2017 | $294K | $294K | $235K | $151K | — | View 990 |
| 2016 | $328K | $323K | $217K | $133K | — | View 990 |
| 2015 | $337K | $314K | $224K | $146K | — | View 990 |
| 2014 | $334K | $339K | $220K | $164K | — | View 990 |
| 2013 | $299K | $312K | $228K | $167K | — | View 990 |
| 2012 | $289K | $307K | $249K | $202K | — | View 990 |
| 2011 | $340K | $339K | $248K | $183K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $433K, expenses of $407K, and assets of $247K (revenue +45.1% year-over-year).
- 2022: Revenue of $298K, expenses of $296K, and assets of $224K (revenue -5.4% year-over-year).
- 2021: Revenue of $315K, expenses of $311K, and assets of $234K (revenue -6.4% year-over-year).
- 2020: Revenue of $337K, expenses of $301K, and assets of $224K (revenue -11.2% year-over-year).
- 2019: Revenue of $379K, expenses of $342K, and assets of $216K (revenue +6.1% year-over-year).
- 2018: Revenue of $357K, expenses of $329K, and assets of $261K (revenue +21.6% year-over-year).
- 2017: Revenue of $294K, expenses of $294K, and assets of $235K (revenue -10.5% year-over-year).
- 2016: Revenue of $328K, expenses of $323K, and assets of $217K (revenue -2.4% year-over-year).
- 2015: Revenue of $337K, expenses of $314K, and assets of $224K (revenue +0.8% year-over-year).
- 2014: Revenue of $334K, expenses of $339K, and assets of $220K (revenue +11.8% year-over-year).
- 2013: Revenue of $299K, expenses of $312K, and assets of $228K (revenue +3.3% year-over-year).
- 2012: Revenue of $289K, expenses of $307K, and assets of $249K (revenue -15.1% year-over-year).
- 2011: Revenue of $340K, expenses of $339K, and assets of $248K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakes Region Consumer Advisory Board:
Data Sources and Methodology
This transparency report for Lakes Region Consumer Advisory Board 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.