Friends of Lakeway

Nonprofit profile at a glance

EIN
020508299
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Littleton, NH, USA
Phone
6034442831
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$10,136
Expenses
$12,837
Assets
$12,935

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

Leadership & pay

7 people listed

People named in this filing

  • KRISTEN KAPPLER (CHAIR)
  • TIFFANY HOWARD (VICE CHAIR)
  • JOANNA CURRIER (TREASURER)

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

The object of this organization is to establish a comfortable bond between parents, community members and school, in order to encourage involvement in education.

What it reported doing in 2024

To maintain our volunteer program by identifying a volunteer coordinator from friends of lakeway to work with staff and administration. To assist the school with their communication to the families and community through monthly newsletters and the school sign. To provide enrichment opportunities for the students that will support and enhance their current education opportunities. To provide financial assistance to lakeway elementary school for its enrichment efforts. To make funds available to the teachers upon written request and approval at a designated meeting.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
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: 92
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 79.5%; rating input score 80

Transparency & Controls

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

Sustainability

  • Operating margin: -26.6%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 1.01; rating input score 47; 47th 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: -4% per year; rating input score 0; 38th percentile among comparable filings
  • Revenue growth: -4.1% per year; rating input score 0; 37th percentile among comparable filings
  • Asset growth: -4% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 79.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2012 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 20/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.