Greater Lake Sylvia Association Inc
Nonprofit profile at a glance
- EIN
- 411322678
- IRS 990 coverage
- 2017–2025
- Forms available
- Form 990 2025, Form 990-N 2013
- Location
- Annandale, MN, USA
- Phone
- 9522507979
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Water Resource, Wetlands Conservation and Management
Reported finances
- Revenue
- $131,403
- Expenses
- $126,756
- Assets
- $666,616
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- RANDY WILSON (PRESIDENT)
People named in this filing
- RANDY WILSON (PRESIDENT)
- LISA PEERY (VICE PRESIDE)
- STEVE HOIEN (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Maintain and improve the water quality of lake sylvia.
What it reported doing in 2025
Protecting lake sylvia a year of stewardship protecting the health of lake sylvia continues to be one of our association's highest priorities. During the past year, we focused our efforts on preventing the spread of aquatic invasive species (ais) while working to protect both our lake and neighboring waters. Our efforts included: monitoring boat launches monitored boat launches throughout the boating season to help prevent aquatic invasive species from entering lake sylvia. By educating boaters and encouraging proper inspection and cleaning of boats and equipment, we reduced the risk of introducing new invasive species into our lake. Preventing the spread of starry stonewort because starry stonewort is already present in lake sylvia, we also worked to prevent it from spreading to other lakes. Through public education and outreach, we reminded lake users of the importance of cleaning, draining, and drying boats, trailers, and equipment before leaving the lake. Protecting neighboring lakes is a responsibility we all share. Treating existing infestations the association coordinated treatment efforts to help control existing aquatic invasive species within lake sylvia. While treatment cannot eliminate these invasive species entirely, it can help slow their spread, reduce their impact on recreation and native aquatic plants, and preserve the long-term health of our lake. These efforts are only possible through the dedication of our volunteers, property owners, and community partners. Together, we are helping preserve lake sylvia for current residents and future generations.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 61
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.7%; rating input score 80
- Program expense ratio: 79%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: 3.5%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 5.26; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -10% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: -10% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 79.7% of revenue deployed · 79% of spending went to programs
- Governance: 15 of 15 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $100K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 8 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.