Lake Tahoe Waterman Association Inc
Nonprofit profile at a glance
- EIN
- 472037857
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Carnelian Bay, CA, USA
- Phone
- 5304123613
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Water Resource, Wetlands Conservation and Management
Reported finances
- Revenue
- $53,830
- Expenses
- $56,585
- Assets
- $12,729
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JUSTIN BROGLIO (President)
- KEITH RUDD (Vice President)
People named in this filing
- JUSTIN BROGLIO (President)
- CAROL LYDIA (Secretary)
- ANIK DEMERS-WILD (CFO)
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
To provide paddle sports programs, training, and water safety education to youth, veterans, first responders, and those with special physical health and mental health challenges and disabilitiies.
What it reported doing in 2024
Provided paddle sports programs, training, and water safety education to youth, veterans, first responders, and those with special physical health and mental health challenges and disabilitiies.
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
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.9%; rating input score 92
- Program expense ratio: 87.4%; rating input score 87
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: -5.1%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 5.2% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 91.9% of revenue deployed · 87.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $49K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.