Lake Wales Pram Fleet Inc
Nonprofit profile at a glance
- EIN
- 593434218
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- Lake Wales, FL, USA
- Phone
- 8636383546
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $28,146
- Expenses
- $8,423
- Assets
- $74,491
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ROBERT LAMAR (PRESIDENT/DI)
People named in this filing
- PATTY MCKEEMAN (DIRECTOR)
- BRYAH KNEPPER (TREASURER)
- PHIL HAGEN (SECRETARY/DI)
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
To provide area youth with an opportunity to learn sailing skills, participate in small boat races on lake wailes, and to compete in out of town regattas.
What it reported doing in 2025
To provide sailing instruction for children and youth ages 9 thru 18.
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 100
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.2%; rating input score 27
- Program expense ratio: 90.8%; rating input score 91
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: 70.1%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 8.84; rating input score 91; 91st 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: 2.7% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 11.3% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 13.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 27.2% of revenue deployed · 90.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $8K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2014 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 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.