Civic Intelligence

Lake George Conservancy Inc.

990 • Fiscal year 2020 • EIN 20-1253190

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

PO Box 564Fremont, IN 46737

(260) 747-9154

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

58th percentile

9.8%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

85th percentile

44%

Faster revenue growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,814,854

Up $252,315 (+9.8%) from 2019

Net Assets

Up

$2,814,854

Up $252,315 (+9.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$330,388

Up $101,512 (+44%) from 2019

Expenses

Down

$78,073

Down $17,202 (-18%) from 2019

Net Income

Up

$252,315

Up $118,714 (+89%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,592,071Liabilities 2010: $1,092,771Net Assets 2010: $1,499,3002010Assets 2011: $2,284,652Liabilities 2011: $653,850Net Assets 2011: $1,630,8022011Assets 2012: $2,227,214Liabilities 2012: $458,310Net Assets 2012: $1,768,9042012Assets 2013: $2,158,186Liabilities 2013: $300,000Net Assets 2013: $1,858,1862013Assets 2014: $2,257,713Liabilities 2014: $0Net Assets 2014: $2,257,7132014Assets 2015: $2,291,234Liabilities 2015: $0Net Assets 2015: $2,291,2342015Assets 2016: $2,343,602Liabilities 2016: $0Net Assets 2016: $2,343,6022016Assets 2017: $2,448,818Liabilities 2017: $0Net Assets 2017: $2,448,8182017Assets 2018: $2,428,938Liabilities 2018: $0Net Assets 2018: $2,428,9382018Assets 2019: $2,562,539Liabilities 2019: $0Net Assets 2019: $2,562,5392019Assets 2020: $2,814,854Liabilities 2020: $0Net Assets 2020: $2,814,8542020Assets 2021: $2,865,092Liabilities 2021: $0Net Assets 2021: $2,865,0922021Assets 2022: $2,893,911Liabilities 2022: $0Net Assets 2022: $2,893,9112022Assets 2023: $2,918,572Liabilities 2023: $0Net Assets 2023: $2,918,5722023Assets 2024: $3,099,171Liabilities 2024: $0Net Assets 2024: $3,099,1712024

Highlighted filing

2020

Assets$2,814,854
Liabilities$0
Net Assets$2,814,854

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $89,4822010Expenses 2011: $60,5372011Expenses 2012: $40,6932012Revenue 2013: $119,923Expenses 2013: $30,641Net Income 2013: $89,2822013Revenue 2014: $424,235Expenses 2014: $24,708Net Income 2014: $399,5272014Revenue 2015: $60,912Expenses 2015: $27,391Net Income 2015: $33,5212015Revenue 2016: $99,612Expenses 2016: $47,244Net Income 2016: $52,3682016Revenue 2017: $165,559Expenses 2017: $60,343Net Income 2017: $105,2162017Revenue 2018: $28,809Expenses 2018: $48,689Net Income 2018: -$19,8802018Revenue 2019: $228,876Expenses 2019: $95,275Net Income 2019: $133,6012019Revenue 2020: $330,388Expenses 2020: $78,073Net Income 2020: $252,3152020Revenue 2021: $117,287Expenses 2021: $67,049Net Income 2021: $50,2382021Revenue 2022: $91,838Expenses 2022: $63,020Net Income 2022: $28,8182022Revenue 2023: $95,277Expenses 2023: $70,616Net Income 2023: $24,6612023Revenue 2024: $227,817Expenses 2024: $47,218Net Income 2024: $180,5992024

Highlighted filing

2020

Revenue$330,388
Expenses$78,073
Net Income$252,315
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.0
Gross Receipts
$546,301
Mission and Program Overview

Mission

The lake george conservancy exists to protect and preserve the quality of the ecosystems of lake george and its watershed through education, research and procurement of sensitive land by gift or purchase.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,954,033$2,666,720▲ $712,687
Investments Other Securities$575,324$111,182▼ $464,142
Cash and Non-Interest-Bearing Accounts$30,938$35,184▲ $4,246
Inventories for Sale or Use$2,244$1,768▼ $476
Total Assets$2,562,539$2,814,854▲ $252,315
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,409,857$2,654,564▲ $244,707
Net Assets Without Donor Restrictions$152,682$160,290▲ $7,608
Total Net Assets Fund Balance$2,562,539$2,814,854▲ $252,315
Total Liabilities and Net Assets / Fund Balance$2,562,539$2,814,854▲ $252,315

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,623,961-$2,623,961
Equipment$18,987$33,441$52,428
Buildings$23,772$3,496$27,268
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt MinnickPresident
Bill RicciDirector
Bruce YerksDirector
Dan AndrewsDirector
Derek MelchiDirector
Gary DavisDirector
Linda WeaverDirector
Mike GepfertDirector
Paul SchlatterDirector
Renate BrennekeDirector
Tom StoneDirector
Richard AltekruseSecretary
Brenda FinkbeinerTreasurer
Steve BoomerTreasurer
Jim LakeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$272,171
Program Service Revenue
$0
Investment Income
$44,752
Other Revenue
$13,465
All Other Contributions
$254,341
Change in Net Assets
$252,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,073
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$6,132$1,775-$7,907
Depreciation Depletion$5,149--$5,149
Other Expenses$44,907$3,074-$3,074
Office Expenses$2,665--$2,665
Fees for Services Accounting-$2,635-$2,635
Advertising-$341-$341
Total Functional Expenses$58,853$19,220$0$78,073
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,671
Fundraising Direct Expenses$8,039
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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 6

ORGANIZED WITH MEMBERS

Form 990, Page 6, Part VI, Line 7A

Organization has members, stockholders, or other persons who had power to elect or appoint one or more members of the governing body.

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

A draft copy of return was provided to officers to review prior to filing. Changes, if any, are determined by board.

Form 990, Page 6, Part VI, Line 19

All documents made available upon request.

Filing and Contact Details

Filer

Filer Name
Lake George Conservancy Inc
EIN
20-1253190
Phone
2607479154
Address
PO BOX 564, FREMONT, IN 46737

Signing Officer

Name
Matt Minnick
Title
President
Phone
2607479154
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Minnick
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Taylor Plant & Watkins Pc
Address
20 TIBBITS PLAZA, COLDWATER, MI 49036-1603
Preparer
Timothy J Taylor
Phone
5172797931
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Utilities 2,741 0 0 events & services 2,505 0 0 printing & copying 0 1,600 0 postage, shipping & deliv 886 0 0 equip rental & maintenanc 0 471 0 membership dues 0 140 0 real estate taxes 0 -436 0 total 6,132 1,775 0

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IRS990/OtherExpensesGrp/TotalAmt18180
IRS990/OtherExpensesGrp/TotalAmt23215
IRS990/OtherExpensesGrp/TotalAmt33074
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MATT MINNICK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0155585
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt060957
IRS990/PYOtherExpensesAmt095275
IRS990/PYOtherRevenueAmt012334
IRS990/PYRevenuesLessExpensesAmt0133601
IRS990/PYTotalExpensesAmt095275
IRS990/PYTotalRevenueAmt0228876
IRS990/ReconcilationRevenueExpnssAmt0252315
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0272171
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0155585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt032637
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0135375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt067945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0663713
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05387
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018985
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt015001
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014575
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt070191
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt013671
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt011395
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt011368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt012358
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt013033
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt061825
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018985
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015001
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014575
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt070191
IRS990ScheduleA/InvestmentIncomeCYPct00.09000
IRS990ScheduleA/InvestmentIncomePYPct00.15000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt02372
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt01611
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt01289
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt05272
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90580
IRS990ScheduleA/PublicSupportPY509Pct00.84510
IRS990ScheduleA/PublicSupportTotal509Amt0725538
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0285842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0166980
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt044005
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0147733
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt080978
IRS990ScheduleA/Total509Grp/TotalAmt0725538
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0293601
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0187576
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt060248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0162734
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt096842
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0801001
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt023772
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03496
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027268
IRS990ScheduleD/EquipmentGrp/BookValueAmt018987
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033441
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052428
IRS990ScheduleD/LandGrp/BookValueAmt02623961
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02623961
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02666720
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZED WITH MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION HAS MEMBERS, STOCKHOLDERS, OR OTHER PERSONS WHO HAD POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT COPY OF RETURN WAS PROVIDED TO OFFICERS TO REVIEW PRIOR TO FILING. CHANGES, IF ANY, ARE DETERMINED BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES 2,741 0 0 EVENTS & SERVICES 2,505 0 0 PRINTING & COPYING 0 1,600 0 POSTAGE, SHIPPING & DELIV 886 0 0 EQUIP RENTAL & MAINTENANC 0 471 0 MEMBERSHIP DUES 0 140 0 REAL ESTATE TAXES 0 -436 0 TOTAL 6,132 1,775 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02562539
IRS990/TotalAssetsEOYAmt02814854
IRS990/TotalAssetsGrp/BOYAmt02562539
IRS990/TotalAssetsGrp/EOYAmt02814854
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0272171
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019220
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt058853
IRS990/TotalFunctionalExpensesGrp/TotalAmt078073
IRS990/TotalGrossUBIAmt07833
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02562539
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02814854
IRS990/TotalProgramServiceExpensesAmt058853
IRS990/TotalRevenueGrp/ExclusionAmt05387
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt039365
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0330388
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07833
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02562539
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02814854
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01300 LANE 301 LAKE GEORGE
IRS990/USAddress/CityNm0FREMONT
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046737
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.LAKE-GEORGE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT MINNICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02607479154
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$0.23$0.05$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.10$0.07$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$0.09$0.06$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$0.12$0.07$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$0.33$0.08$0.25
2019Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$0.23$0.10$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.03$0.05$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.45$0.00$2.45$0.17$0.06$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$0.10$0.05$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.06$0.03$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.42$0.02$0.40
2013Detailed filing. Detailed filing data is available for this year.$2.16$0.30$1.86$0.12$0.03$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.46$1.77$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.65$1.63$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$1.09$1.50$0.09