New Hampshire Lakes Association Inc
New Hampshire Lakes Association: Strong Program Spending, but Transparency Lacking on Specifics
EIN: 222668396 · Concord, NH · NTEE: C013 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Program Spending | 80% |
| Net Assets | $417K |
| Transparency Score | 85/100 |
Is New Hampshire Lakes Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Lakes Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Lakes Association Inc
New Hampshire Lakes Association Inc (EIN: 222668396) is a nonprofit organization based in Concord, NH, classified under NTEE code C013. The organization reported total revenue of $1.8M and total assets of $792K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Lakes Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Lakes Association Inc is a mid-size nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-75,039 |
| Total Assets | $785K |
| Total Liabilities | $368K |
| Net Assets | $417K |
| Operating Margin | -5.2% |
| Debt-to-Asset Ratio | 46.9% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2023, New Hampshire Lakes Association Inc reported a deficit of $75K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 46.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), New Hampshire Lakes Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | +8.7% | +22.1% |
| 2022 | +13.5% | +8.2% | -1.5% |
| 2021 | +26.9% | +8.8% | +42.6% |
| 2020 | -4.7% | +7.6% | -27.5% |
| 2019 | -25.3% | +15.8% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1986 |
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 New Hampshire Lakes Association 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, New Hampshire Lakes Association Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 46.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 New Hampshire Lakes Association Inc's IRS 990 filings:
- Lack of detailed executive compensation disclosure in readily available information.
- Limited granular breakdown of program spending categories.
Strengths
The following positive indicators were identified for New Hampshire Lakes Association Inc:
- Consistently high percentage of expenses dedicated to programs.
- Healthy revenue streams over multiple years.
- Positive net assets indicating financial stability.
Frequently Asked Questions about New Hampshire Lakes Association Inc
Is New Hampshire Lakes Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Lakes Association Inc (EIN: 222668396) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does New Hampshire Lakes Association Inc spend its money?
New Hampshire Lakes Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Lakes Association Inc tax-deductible?
New Hampshire Lakes Association Inc is registered as a tax-exempt nonprofit (EIN: 222668396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hampshire Lakes Association Inc's spending goes to programs?
New Hampshire Lakes Association Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Lakes Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Hampshire Lakes Association Inc is above average for NTEE category C013 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Lakes Association Inc located?
New Hampshire Lakes Association Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 222668396. It is classified under NTEE code C013.
How many years of IRS 990 filings does New Hampshire Lakes Association Inc have?
New Hampshire Lakes Association Inc has 12 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 $1.8M in total revenue.
What does New Hampshire Lakes Association Inc do?
New Hampshire Lakes Association Inc is a nonprofit organization in the Environment sector, located in Concord, New Hampshire. It is classified under NTEE code C013.
How much revenue does New Hampshire Lakes Association Inc have?
New Hampshire Lakes Association Inc reported total revenue of $1,751,882. Based on 12 IRS 990 filings on record.
What are New Hampshire Lakes Association Inc's total assets?
New Hampshire Lakes Association Inc holds total assets of $792,004 as reported in IRS 990 filings.
Where is New Hampshire Lakes Association Inc located?
New Hampshire Lakes Association Inc is based in Concord, New Hampshire.
What is New Hampshire Lakes Association Inc's EIN?
New Hampshire Lakes Association Inc's Employer Identification Number (EIN) is 222668396. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Hampshire Lakes Association Inc?
New Hampshire Lakes Association Inc is classified under NTEE code C013 (Environment).
Is New Hampshire Lakes Association Inc a registered 501(c)(3)?
Yes, New Hampshire Lakes Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 222668396.
Does New Hampshire Lakes Association Inc file IRS Form 990?
Yes, New Hampshire Lakes Association Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was New Hampshire Lakes Association Inc's revenue in 2023?
In the 202303 filing period, New Hampshire Lakes Association Inc reported total revenue of $1,453,037, total expenses of $1,528,076, and net assets of $784,684.
Is New Hampshire Lakes Association Inc's revenue growing or declining?
New Hampshire Lakes Association Inc's revenue is relatively stable. Revenue went from $1,504,322 (202203) to $1,453,037 (202303), a -3.4% change. Based on 12 filings on record.
What is New Hampshire Lakes Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Hampshire Lakes Association Inc covers tax period 202303. It shows revenue of $1,453,037, expenses of $1,528,076, total assets of $784,684, and liabilities of $367,627.
How much does New Hampshire Lakes Association Inc spend on programs vs administration?
Based on IRS 990 analysis, New Hampshire Lakes Association Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is New Hampshire Lakes Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Hampshire Lakes Association Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for New Hampshire Lakes Association Inc?
The following concerns were identified: Lack of detailed executive compensation disclosure in readily available information.. Limited granular breakdown of program spending categories.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Hampshire Lakes Association Inc's strengths?
Positive indicators for New Hampshire Lakes Association Inc include: Consistently high percentage of expenses dedicated to programs.. Healthy revenue streams over multiple years.. Positive net assets indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does New Hampshire Lakes Association Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure its program spending directly translates to measurable impact on lake health?
While program spending is high, the available data does not detail specific metrics or outcomes used to evaluate the direct impact of their programs on lake health, which would be crucial for a comprehensive assessment.
What is the strategy for diversifying revenue beyond current levels to support potential program expansion?
The provided data shows consistent revenue, but a strategy for significant diversification or growth beyond current levels is not evident, which could be important for future scalability and resilience.
Filing History
IRS 990 filing history for New Hampshire Lakes Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New Hampshire Lakes Association Inc's revenue has grown by 107%, moving from $702K to $1.5M. Total assets increased by 121.8% over the same period, from $354K to $785K. Total functional expenses rose by 89.7%, from $805K to $1.5M. In its most recent filing year (2023), New Hampshire Lakes Association Inc reported a deficit of $75K, with expenses exceeding revenue. The organization holds $368K in liabilities against $785K in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $417K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $785K | $368K | — | View 990 |
| 2022 | $1.5M | $1.4M | $643K | $151K | — | View 990 |
| 2021 | $1.3M | $1.3M | $653K | $259K | — | — |
| 2020 | $1.0M | $1.2M | $458K | $89K | — | View 990 |
| 2019 | $1.1M | $1.1M | $631K | $116K | — | View 990 |
| 2018 | $1.5M | $959K | $673K | $138K | — | View 990 |
| 2017 | $866K | $839K | $184K | $157K | — | View 990 |
| 2016 | $753K | $735K | $197K | $198K | — | View 990 |
| 2015 | $776K | $773K | $127K | $146K | — | View 990 |
| 2014 | $839K | $834K | $129K | $152K | — | View 990 |
| 2013 | $950K | $881K | $304K | $37K | — | View 990 |
| 2012 | $702K | $805K | $354K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $785K (revenue -3.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $643K (revenue +13.5% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $653K (revenue +26.9% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.2M, and assets of $458K (revenue -4.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $631K (revenue -25.3% year-over-year).
- 2018: Revenue of $1.5M, expenses of $959K, and assets of $673K (revenue +69.4% year-over-year).
- 2017: Revenue of $866K, expenses of $839K, and assets of $184K (revenue +14.9% year-over-year).
- 2016: Revenue of $753K, expenses of $735K, and assets of $197K (revenue -2.9% year-over-year).
- 2015: Revenue of $776K, expenses of $773K, and assets of $127K (revenue -7.5% year-over-year).
- 2014: Revenue of $839K, expenses of $834K, and assets of $129K (revenue -11.7% year-over-year).
- 2013: Revenue of $950K, expenses of $881K, and assets of $304K (revenue +35.3% year-over-year).
- 2012: Revenue of $702K, expenses of $805K, and assets of $354K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Lakes Association Inc:
Data Sources and Methodology
This transparency report for New Hampshire Lakes Association 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.