Millville Lake Protective Assoc

Millville Lake Protective Assoc shows consistent financial growth and zero executive compensation over a decade.

EIN: 20519395 · North Salem, NH · NTEE: C30 · Updated: 2026-03-28

$128KRevenue

$423KAssets

95/100Mission Score (Excellent)

C30

About Millville Lake Protective Assoc

Millville Lake Protective Assoc (EIN: 20519395) is a nonprofit organization based in North Salem, NH, classified under NTEE code C30. The organization reported total revenue of $128K and total assets of $423K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Millville Lake Protective Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Millville Lake Protective Assoc demonstrates strong financial health and a clear commitment to its mission, as evidenced by its consistent growth in revenue and assets over the past decade. In the latest filing (202312), the organization reported revenue of $116,666 against expenses of $88,257, indicating a healthy surplus that contributes to its growing asset base of $321,402. This trend of revenue exceeding expenses is consistent across recent years, allowing for significant asset accumulation from $8,231 in 2013 to $422,587 currently.

The organization's spending efficiency appears robust, with a significant portion of its budget likely directed towards program services given its low overall expenses relative to revenue. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which further enhances its efficiency by minimizing administrative overhead. The consistent growth in assets without incurring liabilities also points to sound financial management and sustainability.

Transparency is high, with 10 filings available, and the consistent reporting of zero liabilities and zero officer compensation simplifies financial analysis. The organization's financial trajectory shows a well-managed, growing entity focused on its protective mission, with a strong capacity to fund its activities through accumulated reserves.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Millville Lake Protective Assoc 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, Millville Lake Protective Assoc 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative costs and maximizes resources available for program activities.

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 Millville Lake Protective Assoc:

Strong program spending efficiency due to 0% officer compensation.
Consistent and significant growth in revenue, from $278 in 2013 to $116,666 in 2023.
Healthy asset accumulation, growing from $8,231 in 2013 to $321,402 in 2023, without incurring liabilities.
Excellent financial stability with zero reported liabilities across all filings.
High transparency with 10 years of consistent IRS 990 filings available.

Frequently Asked Questions about Millville Lake Protective Assoc

Is Millville Lake Protective Assoc a good charity?

Yes, based on its financial data, Millville Lake Protective Assoc appears to be a very good charity. It demonstrates strong financial health, consistent growth, efficient spending with no reported officer compensation, and a clear focus on its mission.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Revenue grew from $278 in 2013 to $116,666 in 2023, and assets increased from $8,231 to $321,402 in the same period, indicating robust and sustained growth.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting that its leadership is entirely volunteer-based. This is a strong indicator of efficiency and dedication to its mission.

Filing History

IRS 990 filing history for Millville Lake Protective Assoc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2013–2023), Millville Lake Protective Assoc's revenue has grown by 41866.2%, moving from $278 to $117K. Total assets increased by 3804.8% over the same period, from $8K to $321K. Total functional expenses rose by 12879%, from $680 to $88K. In its most recent filing year (2023), Millville Lake Protective Assoc reported a surplus of $28K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$117K	$88K	$321K	$0	—	View 990
2022	$107K	$34K	$293K	$0	—	View 990
2021	$124K	$41K	$220K	$0	—	—
2020	$67K	$36K	$138K	$0	—	—
2019	$65K	$34K	$107K	$0	—	View 990
2018	$88K	$38K	$76K	$0	—	View 990
2016	$3K	$1K	$8K	$0	—	View 990
2015	$2K	$3K	$7K	$0	—	View 990
2014	$392	$794	$8K	$0	—	View 990
2013	$278	$680	$8K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $117K, expenses of $88K, and assets of $321K (revenue +9.3% year-over-year).
2022: Revenue of $107K, expenses of $34K, and assets of $293K (revenue -13.8% year-over-year).
2021: Revenue of $124K, expenses of $41K, and assets of $220K (revenue +84.8% year-over-year).
2020: Revenue of $67K, expenses of $36K, and assets of $138K (revenue +3.6% year-over-year).
2019: Revenue of $65K, expenses of $34K, and assets of $107K (revenue -26.6% year-over-year).
2018: Revenue of $88K, expenses of $38K, and assets of $76K (revenue +2842.5% year-over-year).
2016: Revenue of $3K, expenses of $1K, and assets of $8K (revenue +97.0% year-over-year).
2015: Revenue of $2K, expenses of $3K, and assets of $7K (revenue +288.0% year-over-year).
2014: Revenue of $392, expenses of $794, and assets of $8K (revenue +41.0% year-over-year).
2013: Revenue of $278, expenses of $680, and assets of $8K.

Data Sources and Methodology

This transparency report for Millville Lake Protective Assoc 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.