Babcock Lake Estates Inc
Nonprofit profile at a glance
- EIN
- 141586223
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2013
- Location
- Petersburgh, NY, USA
- Phone
- 5183666326
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $86,607
- Expenses
- $83,916
- Assets
- $280,868
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Mathew Harte (President)
- James Alund Jr (Vice President)
People named in this filing
- Robert Burke (Treasurer)
- Mathew Harte (President)
- James Alund Jr (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organize for pleasure, recreation and other non-profit purposes. No inurement to the benefit of any private shareholder.
What it reported doing in 2025
Provide a beach and other recreational services for members. Protect the lake and surrounding areas in order to maintain a viable clean lake for future generations.
Operating model
- Revenue model
- Membership-supported. 84% of the money available for current operations came from membership dues.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and total assets are large relative to annual expenses, but may not be spendable cash. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 61
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.1%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 3.35; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -16% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 14 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.