The Silver Lake Foundation

Nonprofit profile at a glance

EIN
461667221
IRS 990-EZ coverage
2014–2025
Forms available
Form 990-EZ 2025
Location
Mammoth Lakes, CA, USA
Phone
7609341868
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development N.E.C.

Reported finances

Revenue
$54,045
Expenses
$65,122
Assets
$76,366

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

Leadership & pay

1 person listed

Executive titles in this filing

  • William Jones (President & CEO)

People named in this filing

  • William Jones (President & CEO)

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 provide a safe, educational, and enjoyable place where the youth of today, as well as adults, can learn, experience and implement all skills necessary to become a knowledgeable fly fisherman and to encourage and assist with higher educational goals through the Chris Jones Memorial Scholarship.

What it reported doing in 2025

The organization holds fishing events, BBQ's and other events to provide fishing experiences for children and disabled individuals and to assist the youth of the area with their higher educational goals through the Chris Jones Memorial Scholarship. During the fishing events, the organization provides participants with guides, fishing supplies, equipment, and instructions.

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
Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 100
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.7%; rating input score 75
  • Program expense ratio: 62%; rating input score 62

Transparency & Controls

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

Sustainability

  • Operating margin: -20.5%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.17; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 8.8% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 9.1% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 74.7% of revenue deployed · 62% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $40K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2025
  • 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.

  • High — Sustainability: Operating margin scored 21/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.