Lake Owassa Community Association

Nonprofit profile at a glance

EIN
221629142
IRS 990-EZ coverage
2012–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Branchville, NJ, USA
Phone
9737485710
Rating confidence
Limited

Reported finances

Revenue
$191,264
Expenses
$133,624
Assets
$451,693

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

Leadership & pay

3 people listed

Executive titles in this filing

  • MARGARET MULLINS (President)
  • PHYLLIS BROWN (Vice President)

People named in this filing

  • MARGARET MULLINS (President)
  • PHYLLIS BROWN (Vice President)
  • PATRICIA POMEROY (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

Monitor and protect lake conditions

What it reported doing in 2024

Monitor and protect lake condition and docks, recreation for members fishing contests, and maintain rules with patrol

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 73
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 30.1%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 3.38; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 24.4% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 16.4% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.