Syracuse Lake Association

Nonprofit profile at a glance

EIN
351967858
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025
Location
Syracuse, IN, USA
Phone
5742384707
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Water Resource, Wetlands Conservation and Management

Reported finances

Revenue
$68,213
Expenses
$44,195
Assets
$143,875

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • TIMOTHY KEIM (Vice President)
  • CINDY KAISER (President)

People named in this filing

  • KATIE CONRAD (Secretary)
  • DAVID THWAITS (Treasurer)
  • TIMOTHY KEIM (Vice President)

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 organize into an association, property owners on and about syracuse lake and other interested parties in an effort to foster and encourage such improvement, development, maintenance, and beautification of syracuse lake and the surrounding area, as will make it more attractive, enjoyable, and pleasant place to live or to visit.

What it reported doing in 2025

Community independence day fireworks display on syracuse lake - estimated 5,000 persons

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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 a large share of total spending goes to programs. 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: 60
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.3%; rating input score 50
  • Program expense ratio: 77.7%; rating input score 78

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 35.2%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 3.26; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.3%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 4.9% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 6.8% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 11.8% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 50.3% of revenue deployed · 77.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $34K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 50/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.