Lake Winnipesaukee Association
Nonprofit profile at a glance
- EIN
- 020332012
- IRS 990 coverage
- 2020–2025
- Forms available
- Form 990 2025, Form 990-N 2014
- Location
- Meredith, NH, USA
- Phone
- 6039162010
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,240,885
- Expenses
- $874,469
- Assets
- $1,287,764
- Liabilities
- $102,838
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ERIC SIY (EXECUTIVE DIRECTOR)
- PATRICIA TARPEY (FORMER PRESIDENT)
Highest reported compensation
- PATRICIA TARPEY (FORMER PRESIDENT): $110,000 total reported compensation
- ERIC SIY (EXECUTIVE DIRECTOR): $41,186 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The lake winnipesaukee alliance (lwa) is a non-profit organization dedicated to protecting the water quality and natural resources of lake winnipesaukee and its watershed now and for the future.
What it reported doing in 2025
Science and solutions: focuses on advancing science-based projects, monitoring, and efforts that protect and improve the long-term health of lake winnipesaukee and its watershed. This includes watershed management planning, water quality monitoring, data collection and analysis, cyanobacteria monitoring, and the completion of restoration and mitigation projects. This includes projects such as the melvin wharf bmp project, resort on the bay stormwater improvements, the sandy cove road stormwater project, watershed management plans, ongoing lake and tributary water quality monitoring, and development of the state of the lake initiative to better understand current conditions, trends, and future risks facing the watershed. These efforts are designed to move from science to actionable solutions that reduce nutrient loading, sedimentation, chloride impacts, and other threats to water quality.
Operating model
- Revenue model
- Donor-supported. 67% 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 - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.5%; rating input score 58
- Program expense ratio: 81.7%; rating input score 82
- Fundraising efficiency: $12.52 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 29.5%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.47; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 17.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 30.3% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 34.6% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 32.8% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 58.5% of revenue deployed · 81.7% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $714K in reported program spending
- Leadership: top reported pay $110K · 9 people listed
- Highest-paid contractors: 1 contractor listed · $131K reported
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.