Clear Lakes Foundation Inc

Nonprofit profile at a glance

EIN
874100132
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Orlando, FL, USA
Phone
4074896966
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Water Resource, Wetlands Conservation and Management

Reported finances

Revenue
$6,772
Expenses
$13,504
Assets
$9,974

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • DANIEL GRACIA (PRESIDENT)

People named in this filing

  • DANIEL GRACIA (PRESIDENT)
  • KEITH AHRENS (TREASURER)
  • JANINE PARDEE (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Operate as a charitable organization to clean up canals and lakes of, first, the orlando area, then later grow to help other Florida waterways, in improving water quality, reduce overgrowth of vegetation, aid navigation, boating, and fishing. Reduce pollution of water bodies from over-fertilizing and roadway runoff. Educate the public and espcially waterfront property owners about these problems. Undertake projects to pursue this purpose.

What it reported doing in 2024

Conduct monthly water testing on clear lake for Florida lakewatch program offered by university of Florida. Collaborate with for identifying invasive species of plants and animals and educating waterfront homeowners. Collect donations for isle of catalina canal spraying (seven canals) to control bottom weeds. Install aerator/blowers for isle of catalina canal to improve oxygenation in the water. Volunteer for clean-up of city of orlando clear lake. Held waterways committee meetings to educate the public on how to improve water quality and reduce overgrowth of vegetation. Collect funds to purchase a boat to assist homeowners to cut foliage away from canals. Collect funds to fix the community fishing pier at the isle of catalina community property.

Operating model

Revenue model
Donor-supported. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -99.4%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -41.1% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -55.1% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -5.1% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • 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 — Sustainability: Operating margin scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.