White Meadow Lake Property Owners Association Inc
White Meadow Lake POA: Stable Finances, Community-Focused Spending
EIN: 221541434 · Rockaway, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.0M |
| Program Spending | 89% |
| Net Assets | $4.5M |
| Transparency Score | 75/100 |
Is White Meadow Lake Property Owners Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
White Meadow Lake Property Owners Association Inc directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About White Meadow Lake Property Owners Association Inc
White Meadow Lake Property Owners Association Inc (EIN: 221541434) is a nonprofit organization based in Rockaway, NJ. The organization reported total revenue of $2.4M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of White Meadow Lake Property Owners Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
White Meadow Lake Property Owners Association Inc is a mid-size nonprofit that has been operating for 50 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$238K |
| Total Assets | $4.8M |
| Total Liabilities | $301K |
| Net Assets | $4.5M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 28.3 months |
Financial Health Grade: A
In 2023, White Meadow Lake Property Owners Association Inc reported a surplus of $238K with revenue exceeding expenses, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), White Meadow Lake Property Owners Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.2% | +4.8% | +9.7% |
| 2022 | +10.0% | +4.7% | +7.7% |
| 2021 | +7.6% | +6.9% | +3.1% |
| 2020 | -0.5% | +3.4% | +2.9% |
| 2019 | +4.3% | +7.5% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 White Meadow Lake Property Owners Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 11%
- programs: 89%
- fundraising: 0%
According to IRS 990 filings, White Meadow Lake Property Owners Association Inc allocates its expenses as follows: admin: 11%, programs: 89%, fundraising: 0%. With 89% 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 $238K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.3%.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries.
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 White Meadow Lake Property Owners Association Inc:
- Consistent growth in revenue and assets over the past several years.
- Zero reported fundraising costs, indicating high efficiency in resource utilization.
- A high percentage of spending is allocated to programs, suggesting a strong focus on its mission.
- Healthy financial reserves with assets significantly exceeding liabilities.
Frequently Asked Questions about White Meadow Lake Property Owners Association Inc
Is White Meadow Lake Property Owners Association Inc a legitimate charity?
White Meadow Lake Property Owners Association Inc (EIN: 221541434) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does White Meadow Lake Property Owners Association Inc spend its money?
White Meadow Lake Property Owners Association Inc directs 89% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to White Meadow Lake Property Owners Association Inc tax-deductible?
White Meadow Lake Property Owners Association Inc is registered as a tax-exempt nonprofit (EIN: 221541434). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is White Meadow Lake Property Owners Association Inc located?
White Meadow Lake Property Owners Association Inc is headquartered in Rockaway, New Jersey and files with the IRS under EIN 221541434.
How many years of IRS 990 filings does White Meadow Lake Property Owners Association Inc have?
White Meadow Lake Property Owners Association Inc 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 $2.4M in total revenue.
What does White Meadow Lake Property Owners Association Inc do?
White Meadow Lake Property Owners Association Inc is a nonprofit organization in the Unknown sector, located in Rockaway, New Jersey. It is classified under NTEE code Unknown.
How much revenue does White Meadow Lake Property Owners Association Inc have?
White Meadow Lake Property Owners Association Inc reported total revenue of $2,367,629. Based on 14 IRS 990 filings on record.
What are White Meadow Lake Property Owners Association Inc's total assets?
White Meadow Lake Property Owners Association Inc holds total assets of $4,478,587 as reported in IRS 990 filings.
Where is White Meadow Lake Property Owners Association Inc located?
White Meadow Lake Property Owners Association Inc is based in Rockaway, New Jersey.
What is White Meadow Lake Property Owners Association Inc's EIN?
White Meadow Lake Property Owners Association Inc's Employer Identification Number (EIN) is 221541434. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is White Meadow Lake Property Owners Association Inc?
White Meadow Lake Property Owners Association Inc is classified under NTEE code Unknown (Unknown).
Is White Meadow Lake Property Owners Association Inc a registered 501(c)(3)?
White Meadow Lake Property Owners Association Inc appears in IRS records (EIN: 221541434). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does White Meadow Lake Property Owners Association Inc file IRS Form 990?
Yes, White Meadow Lake Property Owners Association Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was White Meadow Lake Property Owners Association Inc's revenue in 2023?
In the 202312 filing period, White Meadow Lake Property Owners Association Inc reported total revenue of $2,262,946, total expenses of $2,024,711, and net assets of $4,776,285.
Is White Meadow Lake Property Owners Association Inc's revenue growing or declining?
White Meadow Lake Property Owners Association Inc's revenue is relatively stable. Revenue went from $2,213,168 (202212) to $2,262,946 (202312), a +2.2% change. Based on 14 filings on record.
What is White Meadow Lake Property Owners Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for White Meadow Lake Property Owners Association Inc covers tax period 202312. It shows revenue of $2,262,946, expenses of $2,024,711, total assets of $4,776,285, and liabilities of $301,408.
How much does White Meadow Lake Property Owners Association Inc spend on programs vs administration?
Based on IRS 990 analysis, White Meadow Lake Property Owners Association Inc allocates approximately 89% of expenses to program services, 11% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is White Meadow Lake Property Owners Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, White Meadow Lake Property Owners Association Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are White Meadow Lake Property Owners Association Inc's strengths?
Positive indicators for White Meadow Lake Property Owners Association Inc include: Consistent growth in revenue and assets over the past several years.. Zero reported fundraising costs, indicating high efficiency in resource utilization.. A high percentage of spending is allocated to programs, suggesting a strong focus on its mission.. Healthy financial reserves with assets significantly exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does White Meadow Lake Property Owners Association Inc compensate executives?
Executive compensation information is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% fundraising costs, how does White Meadow Lake POA primarily generate its revenue and attract new members or maintain existing ones?
The data suggests that revenue is primarily generated through member fees or assessments, as indicated by the 'r' (revenue) figures without significant fundraising expenses. This implies a strong reliance on its existing community base for financial stability.
Filing History
IRS 990 filing history for White Meadow Lake Property Owners Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), White Meadow Lake Property Owners Association Inc's revenue has grown by 36.5%, moving from $1.7M to $2.3M. Total assets increased by 75.9% over the same period, from $2.7M to $4.8M. Total functional expenses rose by 32.1%, from $1.5M to $2.0M. In its most recent filing year (2023), White Meadow Lake Property Owners Association Inc reported a surplus of $238K, with revenue exceeding expenses. The organization holds $301K in liabilities against $4.8M in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.0M | $4.8M | $301K | — | — |
| 2022 | $2.2M | $1.9M | $4.4M | $118K | — | View 990 |
| 2021 | $2.0M | $1.8M | $4.0M | $88K | — | View 990 |
| 2020 | $1.9M | $1.7M | $3.9M | $134K | — | — |
| 2019 | $1.9M | $1.7M | $3.8M | $169K | — | — |
| 2018 | $1.8M | $1.6M | $3.6M | $178K | — | View 990 |
| 2017 | $1.8M | $1.6M | $3.3M | $163K | — | View 990 |
| 2016 | $1.7M | $1.5M | $3.1M | $144K | — | View 990 |
| 2015 | $1.6M | $1.5M | $2.7M | $33K | — | View 990 |
| 2014 | $1.6M | $1.5M | $2.6M | $29K | — | View 990 |
| 2013 | $1.5M | $1.4M | $2.6M | $43K | — | View 990 |
| 2012 | $1.3M | $1.3M | $2.4M | $36K | — | View 990 |
| 2011 | $1.7M | $1.6M | $2.7M | $42K | — | View 990 |
| 2010 | $1.7M | $1.5M | $2.7M | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.0M, and assets of $4.8M (revenue +2.2% year-over-year).
- 2022: Revenue of $2.2M, expenses of $1.9M, and assets of $4.4M (revenue +10.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.8M, and assets of $4.0M (revenue +7.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.7M, and assets of $3.9M (revenue -0.5% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.7M, and assets of $3.8M (revenue +4.3% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.6M, and assets of $3.6M (revenue +0.0% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.6M, and assets of $3.3M (revenue +4.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.5M, and assets of $3.1M (revenue +6.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $2.7M (revenue +4.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $2.6M (revenue +1.5% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $2.6M (revenue +15.3% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $2.4M (revenue -21.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $2.7M (revenue +2.4% year-over-year).
- 2010: Revenue of $1.7M, expenses of $1.5M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for White Meadow Lake Property Owners Association Inc:
Data Sources and Methodology
This transparency report for White Meadow Lake Property Owners 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.