Clear Lake Township Land Conservancy Inc

Nonprofit profile at a glance

EIN
351835491
IRS 990 coverage
2016–2025
Forms available
Form 990 2025
Location
Fremont, IN, USA
Phone
2605271072
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Land Resources Conservation

Reported finances

Revenue
$808,623
Expenses
$387,899
Assets
$6,352,271
Liabilities
$10,360

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • DOUG MULVANEY (PRESIDENT)
  • BARB WENGER (PRESIDENT)

Highest reported compensation

  • CAROLINE BARTH (EXECUTIVE DI): $94,863 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The clear lake township land conservancy works to preserve, protect, and manage the natural environment within the watershed and township for future generations.

What it reported doing in 2025

Each year the clear lake township land conservancy conducts water quality monitoring to guide water quality enhancement efforts and approaches. The ditches flowing into clear lake, round lake are tested with the help from several volunteers. Testing supplies are provided by the hoosier riverwatch program and the clean lakes program. During the year, the conservancy conducted a watershed diagnostic study. This diagnostic study establishes an extensive database to identify key projects impacting the health and safety of the surrounding lakes and ditches feeding the lake. Various projects including, testing water quality, removing invasive plants, trail maintenance, land stewardship and organizational development were performed by 129 volunteers and 2,570 hours.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.5%; rating input score 40
  • Program expense ratio: 78.9%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 52%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 16.38; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 24.5%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 17% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 13.9% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 40.5% of revenue deployed · 78.9% of spending went to programs
  • Governance: 15 of 15 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $306K in reported program spending
  • Leadership: top reported pay $95K · 16 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 9 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 12/100.