Lake Manitou Association Inc
Overview
Mission
Long term conservation of lake manitou
What it reported doing in 2024
1. Will facilitate the exchange of information on all aspects of the property management of lake manitou and it's resources.2. Promote through education a public awareness of lake manitou's ecosystem3. Encourage public support for national, state or local programs that promote the management of lake manitou.4. Identify needs and encourage research on the ecology and watershed management of lake manitou5. Provide a forum for residents and other interested in lake manitou's preservation to express their concerns regarding lake management, and to act upon those concerns.
Operating model
- Revenue model
- Membership-supported. 63% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237074534
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2021, Form 990-N 2017
- Headquarters
- Rochester, IN, USA
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 89
- Accountability: 0
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.4%; rating input score 66
- Program expense ratio: 87.7%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 5th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 43.7%; rating input score 89; 89th percentile among comparable filings
- Operating reserve ratio: 7.26; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 46.8% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 66.4% of revenue deployed · 87.7% of spending went to programs
- Governance: 0 of 13 board members independent · 0 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $79K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 16 of 17 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 3 annual filings from 2022 to 2024