Sportsmen for the Boundary Waters

Nonprofit profile at a glance

EIN
472479165
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2018
Location
ELY, MN, USA
Phone
6122706805
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Official website

Reported finances

Revenue
$218,690
Expenses
$231,088
Assets
$88,779
Liabilities
$6,675

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • LUKAS LEAF (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LUKAS LEAF (EXECUTIVE DIRECTOR): $98,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to protect the integrity of the boundary waters canoe area wilderness of northeastern Minnesota and its watersheds for sustainable fish and wildlife populations, now and forever, through advocacy and education.

What it reported doing in 2024

See schedule o.programs: protecting the boundary waters canoe area wilderness from proposed copper-nickel mining in the rainy river watershed of northeast Minnesota.on january 26th, 2023, interior secretary deb haaland cemented historic protections for the boundary waters by signing an order to withdraw approximately 225,504 acres of public land in the rainy river watershed of northeast Minnesota from federal mineral leasing for 20 years. The mineral withdrawal order will now ban federal hardrock mineral leasing upstream of the boundary waters and voyageurs national park.the monumental decision ensures future generations of hunters, anglers, and wilderness paddlers will bring their children to fish for lake trout, chase grouse, and share a campfire under the stars in america's most visited wilderness for decades to come. The boundary waters is the most visited wilderness area in the united states, attracting more than 150,000 visitors from across the world. It is a major driver of the regional economy, supporting hundreds of businesses and thousands of jobs. A vast collection of peer-reviewed science shows that if a twin metals copper-nickel mine were built along the rivers and streams flowing into the wilderness, pollution and environmental degradation would be certain. A peer-reviewed independent study from harvard university showed that protection of the boundary waters from a proposed twin metals sulfide-ore copper mine would result in dramatically more jobs and more income over a 20-year period.in 2024, sfbw worked with a broad coalition of conservation organizations, outdoor businesses, and supporters across the country. Our shared work with state and national conservation partners is why we've been able to make the impact we have on bwca protection. Sfbw will continue to nurture these relationships to work towards future conservation wins for the boundary waters, Minnesota, and beyond.sportsmen for the boundary waters continues its work at both the state and federal levels, advocating for permanent protection of the boundary waters from copper-nickel mining while educating and uplifting the public on the issue and the boundary waters itself through events, partnerships, and online work.programs: stewardship & habitat initiative - for the better part of a decade, sportsmen for the boundary waters has worked diligently at the Minnesota state capitol, Washington dc, and all over the country advocating for boundary waters protections, something we are enormously proud of. While this will remain one of the pillars we continue to operate under, we've decided that there is a significant enough need here in the arrowhead region of Minnesota to get involved with "boots on the ground" stewardship projects that help improve the region's outdoor experiences.during the summer of 2024, sportsmen for the boundary waters asked the question, "what else can we do for the region we love to hunt and fish so much?" we considered a number of projects around the arrowhead region of Minnesota but, in the end, settled on adopting the pine island wma on lake vermilion. Being less than a mile from the boundary waters canoe area wilderness and needing access and habitat work, it was exactly the type of project we could get behind. This is the first project of sportsmen for the boundary waters' stewardship and habitat initiative, a program that we are excited to implement in multiple spheres in and around the boundary waters with partnering agencies, conservation organizations, and outdoor industry leaders.as a part of the adoption, sfbw accomplished the following through a volunteer event with 50 volunteers participation and over 400 volunteer hours: create access for a difficult-to-reach wma, create and improve a series of hunter walking trails, plant white spruce and red oak trees to improve white-tailed deer wintering habitat, clear canopy to allow for regenerating long lived conifer species to grow and thrive, replace and repair wma signage at

Operating model

Revenue model
Donor-supported. 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 84
  • Accountability: 79
  • Sustainability: 23
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.1%; rating input score 82
  • Program expense ratio: 72.1%; rating input score 72
  • Fundraising efficiency: $6.91 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 9th 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; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: -5.7%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 42.5%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 5.1% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 82.1% of revenue deployed · 72.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $167K in reported program spending
  • Leadership: top reported pay $98K · 11 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.