Overview
What is Newfound Lake Region Association?
The Newfound Lake Region Association is a nonprofit organization based in Bristol, New Hampshire, specifically at 10 NORTH MAIN STREET NO UNIT 1, ZIP code 03222. Their primary mission is to protect Newfound Lake and its watershed. They achieve this by monitoring water quality, safeguarding against invasive species, developing and implementing watershed management plans, and taking actions to preserve water quality. The association also increases land conservation efforts within the watershed, educating the public and providing educational resources at various public events such as meetings, fairs, schools, camps, and other gatherings. Their work promotes the conservation and preservation of the region's natural, social, and economic resources through education, programs, and collaboration. The organization employs a total of 5 individuals.
Official website here: www.newfoundlake.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Newfound Lake Region Association has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it has room for improvement in its operations. With an overall score of 60%, the organization shows strong leadership and adaptability, scoring a perfect 100 in that category. Additionally, it benefits from a fully independent board, which suggests a solid governance structure and commitment to ethical oversight.
However, the organization faces challenges reflected in its financial metrics. The Accountability and Finance score of 56 highlights areas where it needs to enhance its fiscal responsibility, particularly with a program expense ratio of 42.03%. This indicates that a smaller portion of its expenditures is directed toward its programs, which could raise concerns about its effectiveness in fulfilling its mission.
Despite its strengths in governance and policies such as conflict of interest and whistleblower protections, the low liabilities to assets ratio and program expense efficiency indicate that the organization may need to reassess its financial strategy to ensure sustainability and impactful service delivery. Overall, while the Newfound Lake Region Association demonstrates good governance, it must address its financial management to improve its rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Newfound Lake Region Association?
90% of 26 reviewers on Facebook recommend the Newfound Lake Region Association. Here is a summary of their reviews:
Many individuals express enthusiasm about the pristine beauty of the region, noting its crystal-clear waters and suitability for various water activities, including boating and water sports. This sentiment highlights how well the association supports recreational opportunities in a stunning natural setting.
The positivity surrounding the organization suggests that it effectively promotes and maintains the area's natural resources and recreational offerings, resulting in a favorable reputation within the community. Overall, there is a strong appreciation for the experiences facilitated by the Newfound Lake Region Association.
This AI summary has been generated from reviews found on Facebook.
Is Newfound Lake Region Association legitimate?
Newfound Lake Region Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newfound Lake Region Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $22,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,165
For more financial information, click here
Official website here: www.newfoundlake.org
What is the mission statement of Newfound Lake Region Association?
The Newfound Lake Region Association's mission is dedicated to the preservation and conservation of Newfound Lake and its surrounding watershed. By means of education, programs, and collaboration, they strive to protect the region's natural, social, and economic resources. The association monitors water quality, guards against invasive species, develops and implements watershed management plans, protects water quality, increases land conservation efforts in the watershed, and educates the public through various events and resources.
Official website here: www.newfoundlake.org
Who is the CEO of Newfound Lake Region Association?
Jim Fitts is the Executive Director of Newfound Lake Region Association.
Official website here: www.newfoundlake.org
What is the revenue of Newfound Lake Region Association?
Newfound Lake Region Association's revenue in 2022 was $246,678.
Official website here: www.newfoundlake.org
Who are the executives of Newfound Lake Region Association and what are their salaries?
The average compensation at Newfound Lake Region Association during 2022 was $10,684. There are 5 employees and 29 volunteers at Newfound Lake Region Association.
Here are 18 key members and their salaries:
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Official website here: www.newfoundlake.org
Where can I find the form 990 for Newfound Lake Region Association?
Newfound Lake Region Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newfoundlake.org
Learn more at the official website: www.newfoundlake.org
Mission Statement of Newfound Lake Region Association
The Newfound Lake Region Association, a dedicated organization, is on a mission to protect Newfound Lake and its watershed. By promoting education, programs, and collaboration, they aim to conserve and preserve the region's natural, social, and economic resources.
The Association takes an active role in monitoring water quality, safeguarding the lake and its tributaries against invasive species, and developing and implementing watershed management plans. They actively work towards protecting water quality, increasing land conservation efforts in the watershed, and educating the public through various platforms such as public meetings, fairs, schools, camps, and other events.
In addition to their conservation efforts, the Newfound Lake Region Association is committed to education. They provide educational resources to the public, aiming to raise awareness about the importance of preserving the lake and its surroundings. Their dedication extends beyond educational initiatives, as they work tirelessly to ensure the health and well-being of Newfound Lake for future generations.
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Impact
June, 2024
Newfound Lake Region Association has a significant impact on the Newfound Lake and its watershed by actively monitoring lake and tributary water quality, protecting against invasive species, and developing and implementing a watershed management plan. Additionally, the association implements actions that safeguard water quality, increases land conservation efforts in the watershed, and educates the public through various initiatives such as educational resources at public meetings, fairs, schools, camps, and other events.Their work promotes conservation and preservation of the region's natural, social, and economic resources, ultimately contributing to the overall health and sustainability of the Newfound Lake area.
This information is meant to be a general summary of Newfound Lake Region Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,241
- Program Service Revenue: $427
- Gross Receipts: $246,678
Assets and Liabilities:
- Total Assets: $1,935,312
- Total Liabilities: $3,309
- Net Assets: $1,932,003
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ECOTOURS
Revenue
$427
Organization Details
Founding Year
1971
Phone
(603) 744-8689Principal Officer
Jim Fitts
Main Address
10 NORTH MAIN STREET NO UNIT 1, Bristol, NH, 03222
Website
www.newfoundlake.orgNTEE Category
Code: C320 - Environment
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