Civic Intelligence

Belgrade Regional Conservation

EIN 04-3047156 • 501(c)3 • Belgrade Lakes, ME

Profile

7 lakes alliance conserves the lands and waters of the belgrade lakes region for all.

PO Box 250Belgrade Lakes, ME 04918

www.7lakesalliance.org

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.03x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

81st percentile

32%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$113,445

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

73rd percentile

14%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

88%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,173,132

Up $1,096,995 (+14%) from 2023

Liabilities

Down

$77,626

Down $27,476 (-26%) from 2023

Net Assets

Up

$9,095,506

Up $1,124,471 (+14%) from 2023

Revenue

Up

$3,088,264

Up $1,446,643 (+88%) from 2023

Expenses

Up

$2,110,142

Up $237,946 (+13%) from 2023

Net Income

Up

$978,122

Up $1,208,697 (+524%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $1,605,595Liabilities 2010: $18,271Net Assets 2010: $1,587,3242010Assets 2011: $1,765,630Liabilities 2011: $13,867Net Assets 2011: $1,751,7632011Assets 2012: $1,880,418Liabilities 2012: $12,941Net Assets 2012: $1,867,4772012Assets 2013: $2,021,794Liabilities 2013: $22,066Net Assets 2013: $1,999,7282013Assets 2014: $2,311,045Liabilities 2014: $273,864Net Assets 2014: $2,037,1812014Assets 2015: $2,241,593Liabilities 2015: $194,630Net Assets 2015: $2,046,9632015Assets 2016: $2,100,673Liabilities 2016: $68,640Net Assets 2016: $2,032,0332016Assets 2017: $2,826,958Liabilities 2017: $33,746Net Assets 2017: $2,793,2122017Assets 2018: $3,585,916Liabilities 2018: $905,380Net Assets 2018: $2,680,5362018Assets 2019: $3,537,425Liabilities 2019: $571,038Net Assets 2019: $2,966,3872019Assets 2020: $3,369,253Liabilities 2020: $312,143Net Assets 2020: $3,057,1102020Assets 2021: $3,669,200Liabilities 2021: $88,832Net Assets 2021: $3,580,3682021Assets 2022: $7,821,288Liabilities 2022: $98,936Net Assets 2022: $7,722,3522022Assets 2023: $8,076,137Liabilities 2023: $105,102Net Assets 2023: $7,971,0352023Assets 2024: $9,173,132Liabilities 2024: $77,626Net Assets 2024: $9,095,5062024

Highlighted filing

2024

Assets$9,173,132
Liabilities$77,626
Net Assets$9,095,506

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $364,4732010Expenses 2011: $520,4972011Expenses 2012: $572,6422012Revenue 2013: $698,688Expenses 2013: $566,437Net Income 2013: $132,2512013Revenue 2014: $602,552Expenses 2014: $565,099Net Income 2014: $37,4532014Revenue 2015: $620,142Expenses 2015: $610,360Net Income 2015: $9,7822015Revenue 2016: $558,692Expenses 2016: $573,622Net Income 2016: -$14,9302016Revenue 2017: $1,338,929Expenses 2017: $577,750Net Income 2017: $761,1792017Revenue 2018: $1,920,101Expenses 2018: $2,020,486Net Income 2018: -$100,3852018Revenue 2019: $1,469,905Expenses 2019: $1,140,350Net Income 2019: $329,5552019Revenue 2020: $1,292,887Expenses 2020: $1,234,960Net Income 2020: $57,9272020Revenue 2021: $1,663,559Expenses 2021: $1,170,037Net Income 2021: $493,5222021Revenue 2022: $6,312,776Expenses 2022: $1,536,548Net Income 2022: $4,776,2282022Revenue 2023: $1,641,621Expenses 2023: $1,872,196Net Income 2023: -$230,5752023Revenue 2024: $3,088,264Expenses 2024: $2,110,142Net Income 2024: $978,1222024

Highlighted filing

2024

Revenue$3,088,264
Expenses$2,110,142
Net Income$978,122

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.17$0.08$9.10$3.09$2.11$0.98
2023Detailed filing. Detailed filing data is available for this year.$8.08$0.11$7.97$1.64$1.87$0.23
2022Detailed filing. Detailed filing data is available for this year.$7.82$0.10$7.72$6.31$1.54$4.78
2021Detailed filing. Detailed filing data is available for this year.$3.67$0.09$3.58$1.66$1.17$0.49
2020Detailed filing. Detailed filing data is available for this year.$3.37$0.31$3.06$1.29$1.23$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.54$0.57$2.97$1.47$1.14$0.33
2018Detailed filing. Detailed filing data is available for this year.$3.59$0.91$2.68$1.92$2.02$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.83$0.03$2.79$1.34$0.58$0.76
2016Detailed filing. Detailed filing data is available for this year.$2.10$0.07$2.03$0.56$0.57$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.24$0.19$2.05$0.62$0.61$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.31$0.27$2.04$0.60$0.57$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.02$0.02$2.00$0.70$0.57$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.01$1.87$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.01$1.75$0.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.02$1.59$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2023
Return Version
2024v5.0
Gross Receipts
$3,088,264
Mission and Program Overview

Mission

The Belgrade Regional Conservation Alliance (BRCA) conserves the lands, water quality, and natural heritage of the Belgrade Lakes Watershed. To promote for the benefit of the general public the preservation of natural resources, to engage in and promote the scientific study of, and education regarding natural resources, and to use all property held by the corp, and the net earnings thereon, for the benefit of the general public and for charitable, educational, recreational, conservation, or scientific purposes.

7 lakes alliance conserves the lands and waters of the belgrade lakes region for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,543,218$3,690,469▲ $1,147,251
Land, Buildings, and Equipment, Net$2,801,352$3,383,600▲ $582,248
Pledges and Grants Receivable$2,188,386$1,325,659▼ $862,727
Accounts Receivable$250,573$349,365▲ $98,792
Savings and Temporary Cash Investments$150,190$200,358▲ $50,168
Cash and Non-Interest-Bearing Accounts$113,373$173,469▲ $60,096
Prepaid Expenses and Deferred Charges$27,095$40,712▲ $13,617
Total Assets$8,076,137$9,173,132▲ $1,096,995
Other Assets Total$1,950$9,500▲ $7,550
Liabilities
Accounts Payable and Accrued Expenses$103,152$68,126▼ $35,026
Other Liabilities$1,950$9,500▲ $7,550
Total Liabilities$105,102$77,626▼ $27,476
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,939,251$6,081,994▲ $1,142,743
Net Assets With Donor Restrictions$3,031,784$3,013,512▼ $18,272
Total Net Assets Fund Balance$7,971,035$9,095,506▲ $1,124,471
Total Liabilities and Net Assets / Fund Balance$8,076,137$9,173,132▲ $1,096,995

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,934,088-$2,934,088
Buildings$255,690$77,816$333,506
Equipment$193,822$112,641$306,463

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,543,217$1,763,963▲ $162,490$771,583$3,690,468
2023$1,631,734$2,452,612▲ $120,102$1,654,700$2,543,218
2022$342,049$1,546,141▼ $56,456$200,000$1,631,734
2021$338,022$129,671▲ $39,216$163,167$342,049
2020$555,320$138,247▲ $41,209$395,290$338,022
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Chris MonzPresident/ceFT$106,731$6,714$113,445

Board Members and Trustees

NameTitle
Dr Peter L KallinCo-chair
Lynn MatsonCo-chair
Dr Alexander WallMember at La
Dr Leonard ReichMember at La
Dr Whitney KingMember at La
Jane EberleMember at La
Margaret MccannMember at La
Matthew CraigMember at La
Patrick DonahueMember at La
Rachel Gaddes JablonowskiMember at La
Richard SchmaltzMember at La
Scott FinlayMember at La
Seth LawryMember at La
Theodore AlfondMember at La
Thomas MccandlishMember at La
William SwanMember at La
Chris CookSecretary
Melvin CroftTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,715,264
Program Service Revenue
$224,628
Investment Income
$106,920
Other Revenue
$41,452
All Other Contributions
$2,322,480
Change in Net Assets
$978,122

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$84,900Appraisal
Boats and Planes1$36,250Fair Market Value (FMV)
Total Noncash Contributions2$121,150-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,174,608
Revenue Not Reported on Financial Statements
$-86,344
Revenue Not Reported on Form 990
$60,773
Other Revenue Adjustments
$-86,344
Total Revenue per Audited Statements
$3,235,381
Total Revenue per Form 990
$3,088,264
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,361,022
Other Expenses$749,120
Total Fundraising Expense$35,341
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,024,242$59,858$7,500$1,091,600
Fees for Services Other$231,893$17,045$1,200$250,138
Other Employee Benefits$111,868$64,485$1,232$177,585
Payroll Taxes$71,965$6,384$13,488$91,837
Office Expenses$57,899$2,961$678$61,538
Depreciation Depletion$42,832$17,093-$59,925
Travel$29,963$22,453$614$53,030
Fees for Services Accounting$4,581$35,650-$40,231
Information Technology$18,218$19,369-$37,587
All Other Expenses$6,293$23,604$20$29,917
Conferences and Meetings$18,231$2,132$3,795$24,158
Insurance$5,815$10,977-$16,792
Other Expenses$12,108$1,174$100$13,282
Occupancy-$10,375-$10,375
Fees for Services Legal$6,949--$6,949
Advertising$1,400-$149$1,549
Total Functional Expenses$1,775,060$299,741$35,341$2,110,142

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,110,142
Total Expenses per Audited Statements$2,110,142
Total Expenses per Form 990$2,110,142
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$9,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

CHANGES TO THE BY-LAWS

Form 990, Page 6, Part VI, Line 6

ORGANIZED WITH MEMBERS

Form 990, Page 6, Part VI, Line 11B

The 990 review process includes review by the president/chief executive officer, the treasurer, the office manager, and the board.

Form 990, Page 6, Part VI, Line 12C

7 lakes alliance conflict of interest policy is semi-annually reviewed at the spring and fall board meetings. Also, when issues arise during board meetings, where voting is required that may involve conflicts of interest, board members abstain.

Form 990, Page 6, Part VI, Line 15A

The process for determining the chief executive officer's compensation was conducted by a professional search firm and included a review and approval by the board and will continue to be performed annually.

Form 990, Page 6, Part VI, Line 19

7 lakes alliance makes its governing documents, conflict of interest policy, and financial statements available to the public. The bylaws are made available to the members upon request and distributed prior to any proposed amendments. The conflict of interest policy is written in the 7 lakes alliance's board manual and available on request. The 7 lakes alliance financial statements and 990 are available to public at guidestar website and the 7 lakes alliance's office.

Filing and Contact Details

Filer

Filer Name
7 Lakes Alliance Inc
EIN
04-3047156
Phone
2074956039
Address
PO BOX 250, BELGRADE LAKES, ME 04918

Signing Officer

Name
Dr Peter L Kallin
Title
Co-chair
Phone
2074956039
Signed
2023-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Peter L Kallin
Formed
1988
Legal Domicile
Me
Voting Board Members
19
Independent Board Members
19
Employees
81
Volunteers
125

Preparer

Firm
Edwards Faust & Smith
Address
15 COLUMBIA ST STE 201, BANGOR, ME 04401-6355
Preparer
Mark W Chellis
Phone
2079474575
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

1- the 7 lakes alliance invasive aquatic plant program protects aquatic ecosystems and the public use, values and enjoyment of the lakes in the belgrade lakes watershed by preventing and mitigating the spread of invasive aquatic plants. Through its courtesy boat inspection program, 7 lakes alliance partners with local watershed organizations to place both paid and volunteer courtesy boat inspectors at public boat launches to check for plant fragments on boats entering and leaving the lakes and educates boaters about the threats posed by invasive aquatic plants. 7 lakes alliance employees also survey and organize citizen volunteer invasive plant patrols to search for and then remove invasive plants that may become established in at-risk areas. In 2024, 7 lakes alliance employed 25 part-time workers and 12 volunteers that inspected boats on 5 public boat ramps and 1 private launch that affects public waters.

Form 990, Page 2, Part III, Line 4C

3- erosion control: 7 lakes alliance conducts diverse projects to protect and restore water quality by preventing the erosion of sediment and the algae fueling phosphorus it carries with it from entering waters of the belgrade lakes watershed. Erosion is the primary cause of excessive algal blooms in the watershed. 7 lakes work includes the section 319 program, youth conservation corps, lakesmart and various policy initiatives and communications. Section 319 projects are funded, in part, by the u.s. Environmental protection agency under section 319 of the clean water act and administered by the maine department of environmental protection nonpoint source (nps) program. 7 lakes alliance also operates a youth conservation corps which employs local youth to work with landowners to voluntarily implement various erosion control measures on their properties. Work also includes educational and policy efforts to educate and engage watershed communities in erosion control efforts.

Form 990, Page 2, Part III, Line 4D

7 lakes alliance, an accredited land trust, aims to protect the quality of the belgrade lakes watershed from degradation due to the impact of unsustainable development within the watershed. To accomplish this, 7 lakes alliance's land conservation program identifies and permanently conserves lands that provide high value habitats, recreational opportunities, and water quality protection and restoration to benefit the public. 7 lakes alliance also operates a land stewardship program through which 7 lakes' staff and dedicated volunteers protect and enhance conservation properties through robust monitoring, trail maintenance and communication and education about the values of land conservation to the public to ensure that conservation values are sustained. Additionally, 7 lakes alliance also provides educational, informational and communications programs to support the local lake associations and other water partners. These include numerous and wide-ranging conservation lectures, events and opportunities for all ages. 7 lakes alliance seeks to connect people with nature through educational programs, trainings, events, digital and printed newsletters and other activities. Events and activities include numerous presentations by experts on forestry, fisheries, hiking, conservation lands, water quality, hiking, erosion control workshops, and natural history programs that attract hundreds of participants. 7 lakes' newsletter the conservationist provides information on our diverse programs and conservation issues impacting the belgrade lakes region.

Form 990, Part IX, Line 11G

Professional services 231,893 17,045 1,200

Form 990, Part XI, Line 9

Discount to pv capital campaign 67,363 reserve for uncollectible capital campaign 18,981 . 0 total 86,344

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

Organization has a written policy

Schedule D, Page 1, Part II, Line 9

7 lakes alliance conservation easements are valued using the zero valuation method.

Schedule D, Page 2, Part V, Line 4

The purpose of the 7 lakes alliance's stewardship fund is to fund the long-term management of 7 lakes alliance's fee lands and conservation easements. The purpose of the 7 lakes alliance's stewardship legal defense fund is to fund legal defense of 7 lakes alliance's fee lands and conservation easements. The purpose of the youth conservation corps funds is to provide annual operating funds for the program.

Schedule D, Page 4, Part XI, Line 4B

Discount to pv capital campaign -67,363 reserve for uncollectible capital campaign -18,981 . 0

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IRS990/Desc01- THE 7 LAKES ALLIANCE INVASIVE AQUATIC PLANT PROGRAM PROTECTS AQUATIC ECOSYSTEMS AND THE PUBLIC USE, VALUES AND ENJOYMENT OF THE LAKES IN THE BELGRADE LAKES WATERSHED BY PREVENTING AND MITIGATING THE SPREAD OF INVASIVE AQUATIC PLANTS. THROUGH ITS COURTESY BOAT INSPECTION PROGRAM, 7 LAKES ALLIANCE PARTNERS WITH LOCAL WATERSHED ORGANIZATIONS TO PLACE BOTH PAID AND VOLUNTEER COURTESY BOAT INSPECTORS AT PUBLIC BOAT LAUNCHES TO CHECK FOR PLANT FRAGMENTS ON BOATS ENTERING AND LEAVING THE LAKES AND EDUCATES BOATERS ABOUT THE THREATS POSED BY INVASIVE AQUATIC PLANTS. 7 LAKES ALLIANCE EMPLOYEES ALSO SURVEY AND ORGANIZE CITIZEN VOLUNTEER INVASIVE PLANT PATROLS TO SEARCH FOR AND THEN REMOVE INVASIVE PLANTS THAT MAY BECOME ESTABLISHED IN AT-RISK AREAS. IN 2024, 7 LAKES ALLIANCE EMPLOYED 25 PART-TIME WORKERS AND 12 VOLUNTEERS THAT INSPECTED BOATS ON 5 PUBLIC BOAT RAMPS AND 1 PRIVATE LAUNCH THAT AFFECTS PUBLIC WATERS.
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IRS990/ProgSrvcAccomActy2Grp/Desc02- WATER QUALITY SCIENCE - THE 7 LAKES ALLIANCE'S GOAL IS TO MONITOR AND UNDERSTAND, IN COLLABORATION WITH PARTNERS INCLUDING COLBY COLLEGE AND SURROUNDING LOCAL LAKE ASSOCIATIONS, WATER QUALITY ON ALL SEVEN OF THE BELGRADE LAKES. UNDER THE SUPERVISION OF OUR LAKE SCIENCE DIRECTOR, DR. DANIELLE WAIN, KEY WATER QUALITY PARTNERS, INCLUDING COLBY STUDENTS, 7 LAKES ALLIANCE STAFF, AND VOLUNTEERS ROUTINELY MEASURE TEMPERATURE AND OXYGEN PROFILES, WATER CLARITY, ALGAL SPECIES COMPOSITION (USING A FLOWCAM) AND POTENTIAL CYANOBACTERIA, AND INPUTS FROM TRIBUTARIES USING AUTOSAMPLERS TO ASSESS THE QUALITY OF THE LAKES AND THREATS TO HUMAN HEALTH.
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IRS990/ProgSrvcAccomActy3Grp/Desc03- EROSION CONTROL: 7 LAKES ALLIANCE CONDUCTS DIVERSE PROJECTS TO PROTECT AND RESTORE WATER QUALITY BY PREVENTING THE EROSION OF SEDIMENT AND THE ALGAE FUELING PHOSPHORUS IT CARRIES WITH IT FROM ENTERING WATERS OF THE BELGRADE LAKES WATERSHED. EROSION IS THE PRIMARY CAUSE OF EXCESSIVE ALGAL BLOOMS IN THE WATERSHED. 7 LAKES WORK INCLUDES THE SECTION 319 PROGRAM, YOUTH CONSERVATION CORPS, LAKESMART AND VARIOUS POLICY INITIATIVES AND COMMUNICATIONS. SECTION 319 PROJECTS ARE FUNDED, IN PART, BY THE U.S. ENVIRONMENTAL PROTECTION AGENCY UNDER SECTION 319 OF THE CLEAN WATER ACT AND ADMINISTERED BY THE MAINE DEPARTMENT OF ENVIRONMENTAL PROTECTION NONPOINT SOURCE (NPS) PROGRAM. 7 LAKES ALLIANCE ALSO OPERATES A YOUTH CONSERVATION CORPS WHICH EMPLOYS LOCAL YOUTH TO WORK WITH LANDOWNERS TO VOLUNTARILY IMPLEMENT VARIOUS EROSION CONTROL MEASURES ON THEIR PROPERTIES. WORK ALSO INCLUDES EDUCATIONAL AND POLICY EFFORTS TO EDUCATE AND ENGAGE WATERSHED COMMUNITIES IN EROSION CONTROL EFFORTS.
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