Civic Intelligence

Lake Rescue Association

EIN 03-0368496 • 501(c)3 • Ludlow, VT

Profile

The association exists to promote water safety, environmental education, improved water quality, and resolution of pertinent matters among association members.

PO Box 372Ludlow, VT 05149

www.lakerescue.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

79th percentile

26%

Higher net margin than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

39th percentile

-11%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$217,834

Down $190,385 (-47%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$217,834

Down $190,385 (-47%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin79th percentile

Revenue

Up

$126,423

Up $3,591 (+2.9%) from 2023

Expenses

Up

$316,995

Up $226,576 (+251%) from 2023

Net Income

Down

-$190,572

Down $222,985 (-688%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2013: $167,719Liabilities 2013: $02013Assets 2014: $101,467Liabilities 2014: $02014Assets 2015: $113,505Liabilities 2015: $02015Assets 2016: $132,722Liabilities 2016: $02016Assets 2017: $135,793Liabilities 2017: $02017Assets 2018: $139,131Liabilities 2018: $0Net Assets 2018: $139,1312018Assets 2020: $133,071Liabilities 2020: $0Net Assets 2020: $133,0712020Assets 2021: $274,825Liabilities 2021: $0Net Assets 2021: $274,8252021Assets 2022: $344,881Liabilities 2022: $0Net Assets 2022: $344,8812022Assets 2023: $408,219Liabilities 2023: $0Net Assets 2023: $408,2192023Assets 2024: $217,834Net Assets 2024: $217,8342024

Highlighted filing

2024

Assets$217,834
Liabilities-
Net Assets$217,834
Open 2024 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2013: $76,899Expenses 2013: $16,025Net Income 2013: $60,8742013Revenue 2014: $52,999Expenses 2014: $120,252Net Income 2014: -$67,2532014Revenue 2015: $28,824Expenses 2015: $16,786Net Income 2015: $12,0382015Revenue 2016: $46,493Expenses 2016: $27,276Net Income 2016: $19,2172016Revenue 2017: $31,875Expenses 2017: $28,804Net Income 2017: $3,0712017Revenue 2018: $27,577Expenses 2018: $24,239Net Income 2018: $3,3382018Revenue 2020: $36,192Expenses 2020: $45,108Net Income 2020: -$8,9162020Revenue 2021: $212,270Expenses 2021: $70,516Net Income 2021: $141,7542021Revenue 2022: $137,249Expenses 2022: $67,193Net Income 2022: $70,0562022Revenue 2023: $122,832Expenses 2023: $90,419Net Income 2023: $32,4132023Revenue 2024: $126,423Expenses 2024: $316,995Net Income 2024: -$190,5722024

Highlighted filing

2024

Revenue$126,423
Expenses$316,995
Net Income-$190,572
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$217,834
Liabilities
-
Net assets
$217,834
Revenue
$126,423
Expenses
$316,995
Net income
-$190,572
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.18$2.18$1.26$3.17$1.91
2023Detailed filing. Detailed filing data is available for this year.$4.08$0.00$4.08$1.23$0.90$0.32
2022Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$1.37$0.67$0.70
2021Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$2.12$0.71$1.42
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.36$0.45$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.28$0.24$0.03
2017Summary only. Only limited summary data is available for this year.$1.36$0.00$0.32$0.29$0.03
2016Summary only. Only limited summary data is available for this year.$1.33$0.00$0.46$0.27$0.19
2015Summary only. Only limited summary data is available for this year.$1.14$0.00$0.29$0.17$0.12
2014Summary only. Only limited summary data is available for this year.$1.01$0.00$0.53$1.20$0.67
2013Summary only. Only limited summary data is available for this year.$1.68$0.00$0.77$0.16$0.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$126,423
Mission and Program Overview

Mission

The association exists to promote water safety, environmental education, improved water quality, and resolution of pertinent matters among association members.

The organization exists to promote water safety, environmental education, improved water quality, and resolution of pertinent matters among association members.

Program Services

DescriptionGrantsExpenses
PROMOTING WATER SAFETY, ENVIRONMENTAL EDUCATION AND IMPROVED WATER QUALITY.-$316,995
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN GOLMONTTreasurer-$0--
PHILLIP NEWELLVice Preside-$0--
GEORGE THOMSONDirector-$0--
BRUCE ZANCAPresident &-$0--
GLORIA KATSIFFDirector-$0--
NATALIE FISCHERDirector-$0--
JACQUELINE THONGDirector-$0--
SPENCER RUBINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lake Rescue Association
EIN
03-0368496
Phone
8022287375
Address
PO BOX 372, LUDLOW, VT 05149

Signing Officer

Name
Kevin Golmont
Title
Treasurer
Phone
8022287375
Signed
2025-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Dvr Tax & Accounting
Address
28 POND STREET, LUDLOW, VT 05149
Preparer
Diana Von Ronn
Phone
8454063656
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“July 4th income 6,827 total 6,827”

Form 990-ez, Part I, Line 16

“Expenses insurance 2,354 bank fees 139 dash boat project 2,561 donations 740 dredging project 243,506 dues & subscriptions 3,840 meetings 4,684 milfoil expense 57,524 registration fees 149 total 315,497”

Form 990-ez, Part II, Line 24

“Security deposit 0 14,000 total 0 14,000”

Form 990-ez, Part III

“The organization exists to promote water safety, environmental education, improved water quality, and resolution of pertinent matters among association members.”

Raw XML Appendix178 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014000
IRS990EZ/OtherExpensesTotalAmt0315497
IRS990EZ/OtherRevenueTotalAmt06827
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION EXISTS TO PROMOTE WATER SAFETY, ENVIRONMENTAL EDUCATION, IMPROVED WATER QUALITY, AND RESOLUTION OF PERTINENT MATTERS AMONG ASSOCIATION MEMBERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTING WATER SAFETY, ENVIRONMENTAL EDUCATION AND IMPROVED WATER QUALITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0316995
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LAKERESCUE.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0JULY 4TH INCOME 14,526
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0102784
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IRS990ScheduleA/InvestmentIncomeCYPct00.04000
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JULY 4TH INCOME 6,827 TOTAL 6,827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE 2,354 BANK FEES 139 DASH BOAT PROJECT 2,561 DONATIONS 740 DREDGING PROJECT 243,506 DUES & SUBSCRIPTIONS 3,840 MEETINGS 4,684 MILFOIL EXPENSE 57,524 REGISTRATION FEES 149 TOTAL 315,497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECURITY DEPOSIT 0 14,000 TOTAL 0 14,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION EXISTS TO PROMOTE WATER SAFETY, ENVIRONMENTAL EDUCATION, IMPROVED WATER QUALITY, AND RESOLUTION OF PERTINENT MATTERS AMONG ASSOCIATION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08022287375
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
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ReturnHeader/Filer/EIN0030368496
ReturnHeader/Filer/PhoneNum08022287375
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
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ReturnHeader/ReturnTs02025-05-13T11:36:40-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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