Friends of Raystown Lake

Nonprofit profile at a glance

EIN
251794680
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Huntingdon, PA, USA
Phone
8146435200
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$45,105
Expenses
$26,342
Assets
$126,155
Liabilities
$200

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

Leadership & pay

12 people listed

Executive titles in this filing

  • ROD B DONALDSON (VICE PRESIDENT)
  • MICHAEL TOME (PRESIDENT)
  • CARLA BUMGARDNER (VICE PRESIDENT)

People named in this filing

  • VALERIE J ROBBINS-RICE (DIRECTOR)
  • GARY MOORE (DIRECTOR)
  • JON LESLIE (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the responsible stewardship of the natural and recreational resources of the raystown lake project through the support of members and constituents in sponsoring and developing programs in education, resource protection and enhancement, and recreational improvement.

What it reported doing in 2024

The volunteer organization provides and sponsors education relevant to events at the lake, wildlife habitat information, and good stewardship of the facilities on the federal reservation. The organization further supports the mission of the us army corps of engineers who operate the lake, by obtaining grant funds and other manpower programs to improve and maintain the facility. To that end, a quarterly newsletter is printed and mailed to all members to keep them informed as to the events and other items of interest in promoting and informing what is availabe at raystown lake by the public. Raystown lake serves over one million people annually. The organization has the opportunity to obtain grants and other funding not available to the army corps of engineers for resource enhancements at the lake. Such projects as installation and maintenance of solar navigational lights to direct boater at night or in the fog, providing funding for improvement of the fish habitat, assisting with the re-introduction of wildlife such as the bald eagle and osprey and operate a 32 mile mountain bike trail throughout the reservation.

Operating model

Revenue model
Donor-supported. 86% 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 - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 54
  • Accountability: 88
  • Sustainability: 65
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.6%; rating input score 64
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 41.6%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 4.79; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -113.6% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -8.1% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: 1.5% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 63.6% of revenue deployed · 100% of spending went to programs
  • Governance: 13 of 13 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $26K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 15 of 16 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 5 filing years from 2010 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.