Little Lakes Community Association Inc
Nonprofit profile at a glance
- EIN
- 815136798
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Hemlock, NY, USA
- Phone
- 5853671046
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $113,264
- Expenses
- $73,810
- Assets
- $285,809
- Liabilities
- $10,797
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Jerry Elman (Board President)
- Robert Wolter (Vice President Organization Development)
People named in this filing
- Mary Ann Thompson (VP Operations)
- Jerry Elman (Board President)
- Cindy Wagner (VP Communications)
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
The Little Lakes Community Association Inc. was established in 2018 for the charitable purpose of providing benefits to the residents and visitors of the Little Lakes Region of New York State. Our goal is to create an inviting and energetic place where people throughout the area can come together to learn and share knowledge while promoting activities to enhance the quality of life for residents and visitors alike.
What it reported doing in 2024
Welcoming visitors and promoting tourism and collaboration with local businesses
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 100
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.8%; rating input score 42
- Program expense ratio: 63.7%; rating input score 64
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: 34.8%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 3.87; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 32.3% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 11.8% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 25.9% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 41.8% of revenue deployed · 63.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $47K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2017 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 — Financial Efficiency: Mission deployment rate scored 42/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.