Newfound Lake Region Association
Newfound Lake Region Association shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 20398396 · Hebron, NH · NTEE: C320 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $453K |
| Program Spending | 85% |
| Net Assets | $3.5M |
| Transparency Score | 90/100 |
Is Newfound Lake Region Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newfound Lake Region Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newfound Lake Region Association
Newfound Lake Region Association (EIN: 20398396) is a nonprofit organization based in Hebron, NH, classified under NTEE code C320. The organization reported total revenue of $1.9M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newfound Lake Region Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newfound Lake Region Association is a mid-size nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $453K |
| Surplus / Deficit | +$1.3M |
| Total Assets | $3.5M |
| Total Liabilities | $9K |
| Net Assets | $3.5M |
| Operating Margin | 74.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 92.1 months |
Financial Health Grade: A
In 2023, Newfound Lake Region Association reported a surplus of $1.3M with revenue exceeding expenses, holds 92.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Newfound Lake Region Association's revenue has grown at a compound annual growth rate (CAGR) of 18.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +628.6% | +380.0% | +79.8% |
| 2022 | -66.3% | -74.5% | +11.8% |
| 2022 | +46.2% | +5.8% | +5.8% |
| 2021 | -2.0% | -5.3% | +20.2% |
| 2020 | +6.3% | -3.3% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Newfound Lake Region Association with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Newfound Lake Region Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated in ways not classified as officer compensation on the 990, which is highly unusual for an organization of its size and revenue.
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 Newfound Lake Region Association's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size could indicate a lack of transparency regarding executive remuneration, or that leadership is entirely volunteer-based, which is uncommon.
- Significant fluctuations in revenue and expenses between reporting periods (e.g., 202212 vs. 202209) could suggest inconsistent financial activity or varying reporting cycles.
Strengths
The following positive indicators were identified for Newfound Lake Region Association:
- Strong revenue growth, particularly in the latest filing period (202312 revenue of $1,797,194).
- Consistent and substantial asset accumulation, growing from $719,030 in 201509 to $4,975,201 currently.
- Low liabilities relative to assets, indicating strong financial stability.
- Expenses are significantly lower than revenue in recent periods, suggesting efficient operations and surplus generation.
- Consistent reporting of 0% officer compensation, indicating a potential high dedication of funds to mission or volunteer leadership.
Frequently Asked Questions about Newfound Lake Region Association
Is Newfound Lake Region Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Newfound Lake Region Association (EIN: 20398396) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Newfound Lake Region Association spend its money?
Newfound Lake Region Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Newfound Lake Region Association tax-deductible?
Newfound Lake Region Association is registered as a tax-exempt nonprofit (EIN: 20398396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newfound Lake Region Association's spending goes to programs?
Newfound Lake Region Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newfound Lake Region Association compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Newfound Lake Region Association is above average for NTEE category C320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newfound Lake Region Association located?
Newfound Lake Region Association is headquartered in Hebron, New Hampshire and files with the IRS under EIN 20398396. It is classified under NTEE code C320.
How many years of IRS 990 filings does Newfound Lake Region Association have?
Newfound Lake Region Association has 14 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 $1.9M in total revenue.
Is Newfound Lake Region Association a good charity?
Based on the provided financial data, the Newfound Lake Region Association appears to be a financially healthy and efficient charity. It demonstrates strong revenue growth, significant asset accumulation, and a consistent record of 0% reported officer compensation, suggesting a high dedication of funds to its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, from $266,341 in 201509 to $1,797,194 in 202312, with a notable spike in the latest period. This indicates successful fundraising and increasing support.
What is the trend in the organization's assets?
Assets have shown a consistent upward trend, growing from $719,030 in 201509 to $3,479,338 in 202312, and currently standing at $4,975,201. This indicates strong financial stewardship and accumulation of resources.
Why is officer compensation consistently 0%?
The consistent reporting of 0% officer compensation is unusual for an organization of this size. It suggests that key leadership roles may be filled by volunteers, or compensation is structured in a way that is not reported under 'officer compensation' on the 990, which would require further inquiry for full transparency.
Filing History
IRS 990 filing history for Newfound Lake Region Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Newfound Lake Region Association's revenue has grown by 650.1%, moving from $240K to $1.8M. Total assets increased by 800.5% over the same period, from $386K to $3.5M. Total functional expenses rose by 99.2%, from $228K to $453K. In its most recent filing year (2023), Newfound Lake Region Association reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $9K in liabilities against $3.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $453K | $3.5M | $9K | — | View 990 |
| 2022 | $247K | $94K | $1.9M | $3K | — | View 990 |
| 2022 | $732K | $371K | $1.7M | $15K | — | View 990 |
| 2021 | $500K | $350K | $1.6M | $8K | — | View 990 |
| 2020 | $511K | $370K | $1.4M | $8K | — | View 990 |
| 2019 | $480K | $382K | $1.2M | $6K | — | View 990 |
| 2018 | $492K | $404K | $1.1M | $7K | — | View 990 |
| 2017 | $464K | $331K | $1.0M | $10K | — | View 990 |
| 2016 | $390K | $282K | $836K | $4K | — | View 990 |
| 2015 | $266K | $224K | $719K | $8K | — | View 990 |
| 2014 | $239K | $182K | $705K | $9K | — | View 990 |
| 2013 | $194K | $189K | $627K | $8K | — | View 990 |
| 2012 | $435K | $220K | $593K | $10K | — | View 990 |
| 2011 | $240K | $228K | $386K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $453K, and assets of $3.5M (revenue +628.6% year-over-year).
- 2022: Revenue of $247K, expenses of $94K, and assets of $1.9M (revenue -66.3% year-over-year).
- 2022: Revenue of $732K, expenses of $371K, and assets of $1.7M (revenue +46.2% year-over-year).
- 2021: Revenue of $500K, expenses of $350K, and assets of $1.6M (revenue -2.0% year-over-year).
- 2020: Revenue of $511K, expenses of $370K, and assets of $1.4M (revenue +6.3% year-over-year).
- 2019: Revenue of $480K, expenses of $382K, and assets of $1.2M (revenue -2.5% year-over-year).
- 2018: Revenue of $492K, expenses of $404K, and assets of $1.1M (revenue +6.1% year-over-year).
- 2017: Revenue of $464K, expenses of $331K, and assets of $1.0M (revenue +19.0% year-over-year).
- 2016: Revenue of $390K, expenses of $282K, and assets of $836K (revenue +46.3% year-over-year).
- 2015: Revenue of $266K, expenses of $224K, and assets of $719K (revenue +11.4% year-over-year).
- 2014: Revenue of $239K, expenses of $182K, and assets of $705K (revenue +23.5% year-over-year).
- 2013: Revenue of $194K, expenses of $189K, and assets of $627K (revenue -55.5% year-over-year).
- 2012: Revenue of $435K, expenses of $220K, and assets of $593K (revenue +81.8% year-over-year).
- 2011: Revenue of $240K, expenses of $228K, and assets of $386K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newfound Lake Region Association:
Data Sources and Methodology
This transparency report for Newfound Lake Region 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.