Friends of Twin Lakes

Nonprofit profile at a glance

EIN
274536791
IRS 990-EZ coverage
2019–2025
Forms available
Form 990-EZ 2025, Form 990-N 2017
Location
Twin Lakes, CO, USA
Phone
3038685508
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$23,780
Expenses
$50,321
Assets
$120,813
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Kelly Sweeney (President)
  • Colleen Schweigert (Vice President-Treasurer)

People named in this filing

  • Kelly Sweeney (President)
  • Colleen Schweigert (Vice President-Treasurer)
  • Jeannine Ravenscraft (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charitable and educational

What it reported doing in 2025

3. Other community service projects included cleaning up an eight mile stretch of Highway 82 (both sides) each spring, serving as course marshals within Twin Lakes Village for the LT100 Footrace when our Village of 23 residents explodes to over 3000, providing seminars on Aging in Place and hosting a town hall for input on our county master plan revisions. We send emails at least 2x per month containing information on public health clinics, general and senior activities, speakers, programs in Lake County to an audience of over +460. We have internet available at the Schoolhouse year round with instructions on how to access it when the Schoolhouse is closed posted on the Community Bulletin Board (cost of $916.44). Our bulk email is done through a subscription to MailChimp $156. We pay the utilities and rent for the Schoolhouse to Lake County School District for $619 this year. We paid for three month of an ADA portable toilet at $900 in the Visitor Center when the USFS closed their restroom which is the only public restroom in Twin Lakes Village along Highway 82.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. 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: 100
  • Sustainability: 38
  • Growth: 20

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: Yes; rating input score 100

Sustainability

  • Operating margin: -111.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 2.4; rating input score 70; 70th 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: -0.7% per year; rating input score 0; 45th percentile among comparable filings
  • Revenue growth: -9.1% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: 15.9% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2019 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 — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.