Lake Martin Resource Association Inc
Nonprofit profile at a glance
- EIN
- 237080640
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2019
- Location
- Alexander City, AL, USA
- Phone
- 2562121400
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $105,800
- Expenses
- $38,367
- Assets
- $375,950
- Liabilities
- $74
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Jodie McGirt (President)
People named in this filing
- Jodie McGirt (President)
- David B Sturdivant (Treasurer)
- Kristi George (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
Lake Martin Resource Association (LMRA) is an active member-supported, non-profit organization dedicated to promoting, preserving and protecting the Lake Martin Community. Goals: Enhance boating safety on Lake Martin; To improve the security of our members' homes and property; To maintain a litter-free lake shoreline and adjacent roadsides; To protect both water quantity and water quality from threats of outside forces; To continually inform members and the interested public of all issues which could have a negative effect on Lake Martin; To provide forums of public involvement for the lake's best interests; To work with all appropriate agencies and businesses who share our position;
What it reported doing in 2025
Buoy Maintenance
Operating model
- Revenue model
- Donor-supported. 90% 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 - The filed numbers largely add up and revenue comfortably covers expenses. 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: 34
- Transparency & Controls: 100
- Sustainability: 86
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25.4%; rating input score 25
- Program expense ratio: 48%; rating input score 48
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 63.7%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 9.8; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -5.3% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: 0% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 19.1% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 25.4% of revenue deployed · 48% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $18K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 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 — Financial Efficiency: Mission deployment rate scored 25/100.
- Moderate — Financial Efficiency: Program expense ratio scored 48/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.