Lake Wateree Association Inc
Nonprofit profile at a glance
- EIN
- 570904895
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Camden, SC, USA
- Phone
- 8034270883
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $114,202
- Expenses
- $102,001
- Assets
- $280,268
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- TOM FORT (CHAIRMAN)
- ROD WILKES (FIRST CHAIR)
- DEBRA FRASIER (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Protection and enhancement of natural resource of the catawba river and lake wateree. To maintain the water quality, shoreline protection and preservation.
What it reported doing in 2024
Renewal of water watch program on lake wateree and other administrative expenses related to maintaining membership and awareness of lake wateree.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.5%; rating input score 93
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.7%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 2.75; rating input score 88; 88th 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: 35.8% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 33.5% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 92.5% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $102K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- 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.
- Review — Sustainability: Operating margin scored 59/100.