Spofford Lake Association
- Assets
- $289.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spofford, NH
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 02-0529959
Organization Overview
Spofford Lake Association is located in Spofford, NH. The organization was established in 2002. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spofford Lake Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Spofford Lake Association generated $153.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $40.0k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
1. LAKE HOST PROGRAM: CHECK FOR INVASIVE SPECIES AT BOAT RAMP. BENEFITS ALL MEMBERS OF COMMUNITY. 2. WATER TESTING: AT INTERVALS DURING THE YEAR, TO MONITOR WATER QUALITY. 3. NEWSLETTER TO MEMBERS AND MAINTAIN WEBSITE. PROVIDES INFORMATION ON SPOFFORD LAKE AND THE SPOFFORD LAKE ASSOCIATION. BENEFITS ALL MEMBERS OF COMMUNITY AND THE PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bayard Tracy President | 20 | $0 | |
Dan Syvertsen Board Member | 1 | $0 | |
Susan Donahue Secretary | 1 | $0 | |
Peter Holton Treasurer | 5 | $0 | |
Lynn Borofsky Board Member | 0.5 | $0 | |
Lyle Foley Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,759 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,222 |
| Other Revenue | $4,617 |
| Total Revenue | $153,527 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,931 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $992 |
| Other expenses | $36,078 |
| Total expenses | $40,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $289,947 |
| Other assets | $0 |
| Total assets | $289,947 |
| Total liabilities | $0 |
| Net assets or fund balances | $289,947 |