Northwood Lake Watershed Assn
Northwood Lake Watershed Assn shows strong financial health with growing assets and no executive compensation.
EIN: 20465758 · Northwood, NH · NTEE: C20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32K |
| Total Expenses | $46K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $70,000. |
| Net Assets | $178K |
| Transparency Score | 92/100 |
Is Northwood Lake Watershed Assn Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northwood Lake Watershed Assn directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northwood Lake Watershed Assn
Northwood Lake Watershed Assn (EIN: 20465758) is a nonprofit organization based in Northwood, NH, classified under NTEE code C20Z. The organization reported total revenue of $32K and total assets of $183K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwood Lake Watershed Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwood Lake Watershed Assn is a micro nonprofit that has been operating for 32 years, with 2 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $46K |
| Surplus / Deficit | +$29K |
| Total Assets | $178K |
| Net Assets | $178K |
| Operating Margin | 38.4% |
| Months of Reserves | 46.6 months |
Financial Health Grade: A
In 2023, Northwood Lake Watershed Assn reported a surplus of $29K with revenue exceeding expenses, holds 46.6 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2021–2023), Northwood Lake Watershed Assn's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | -13.3% | +58.9% |
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 Northwood Lake Watershed Assn 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Northwood Lake Watershed Assn 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 $29K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% in both 2023 and 2021, indicating that the organization's leadership is likely volunteer-based, which is highly efficient for an organization of its size with revenues around $70,000.
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 Northwood Lake Watershed Assn:
- Strong financial health with growing assets ($177,882 in 2023).
- No reported liabilities ($0 in both 2023 and 2021).
- No executive compensation reported, indicating efficient use of funds.
- Consistent revenue generation and positive net income.
- Likely high program spending given the absence of officer compensation and mission focus.
Frequently Asked Questions about Northwood Lake Watershed Assn
Is Northwood Lake Watershed Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwood Lake Watershed Assn (EIN: 20465758) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Northwood Lake Watershed Assn spend its money?
Northwood Lake Watershed Assn directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northwood Lake Watershed Assn tax-deductible?
Northwood Lake Watershed Assn is registered as a tax-exempt nonprofit (EIN: 20465758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Northwood Lake Watershed Assn CEO make?
Northwood Lake Watershed Assn's highest-compensated officer earns $70,000. annually. The organization reported $32K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Northwood Lake Watershed Assn's spending goes to programs?
Northwood Lake Watershed Assn directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northwood Lake Watershed Assn compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Northwood Lake Watershed Assn is above average for NTEE category C20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northwood Lake Watershed Assn located?
Northwood Lake Watershed Assn is headquartered in Northwood, New Hampshire and files with the IRS under EIN 20465758. It is classified under NTEE code C20Z.
How many years of IRS 990 filings does Northwood Lake Watershed Assn have?
Northwood Lake Watershed Assn has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $32K in total revenue.
Is Northwood Lake Watershed Assn a good charity?
Based on the IRS 990 data, Northwood Lake Watershed Assn appears to be a very good charity. It demonstrates strong financial health, no liabilities, growing assets, and no reported executive compensation, suggesting efficient use of funds for its mission.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly. Revenue increased from $66,643 in 2021 to $74,307 in 2023, and assets grew from $111,973 to $177,882 over the same period, while liabilities remained at $0.
Does Northwood Lake Watershed Assn pay its officers?
No, the IRS 990 filings for both 2023 and 2021 indicate that officer compensation was 0%, suggesting a volunteer-led organization.
Filing History
IRS 990 filing history for Northwood Lake Watershed Assn showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2023), Northwood Lake Watershed Assn's revenue has grown by 11.5%, moving from $67K to $74K. Total assets increased by 58.9% over the same period, from $112K to $178K. Total functional expenses fell by 13.3%, from $53K to $46K. In its most recent filing year (2023), Northwood Lake Watershed Assn reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $46K | $178K | $0 | — | View 990 |
| 2021 | $67K | $53K | $112K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwood Lake Watershed Assn:
Data Sources and Methodology
This transparency report for Northwood Lake Watershed Assn 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.