Civic Intelligence

Lake George Club Historic Preservation Foundation Inc

EIN 82-2620932 • 501(c)3 • Diamond Point, NY

Profile

To raise funds to provide for the restoration and maintenance of the lake george club historic building.

4000 Lake Shore DrDiamond Point, NY 12824

n/A

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2025

Net Margin

9th percentile

-44%

Higher net margin than 9% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

NTEE A • $1M-$5M nonprofits • Source year 2025

Asset Growth

52nd percentile

3.5%

Faster asset growth than 52% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

3rd percentile

-74%

Faster revenue growth than 3% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,730,553

Up $58,991 (+3.5%) from 2024

Liabilities

Up

$512

Up $437 (+583%) from 2024

Net Assets

Up

$1,730,041

Up $58,554 (+3.5%) from 2024

Revenue

Down

$103,325

Down $297,741 (-74%) from 2024

Expenses

Up

$148,578

Up $83,414 (+128%) from 2024

Net Income

Down

-$45,253

Down $381,155 (-113%) from 2024

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2018: $28,633Liabilities 2018: $0Net Assets 2018: $28,6332018Assets 2019: $133,972Liabilities 2019: $0Net Assets 2019: $133,9722019Assets 2020: $153,564Liabilities 2020: $0Net Assets 2020: $153,5642020Assets 2021: $315,732Liabilities 2021: $0Net Assets 2021: $315,7322021Assets 2022: $729,742Liabilities 2022: $0Net Assets 2022: $729,7422022Assets 2023: $1,268,632Liabilities 2023: $85Net Assets 2023: $1,268,5472023Assets 2024: $1,671,562Liabilities 2024: $75Net Assets 2024: $1,671,4872024Assets 2025: $1,730,553Liabilities 2025: $512Net Assets 2025: $1,730,0412025

Highlighted filing

2025

Assets$1,730,553
Liabilities$512
Net Assets$1,730,041

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $33,600Expenses 2018: $4,967Net Income 2018: $28,6332018Revenue 2019: $108,526Expenses 2019: $3,187Net Income 2019: $105,3392019Revenue 2020: $35,168Expenses 2020: $17,256Net Income 2020: $17,9122020Revenue 2021: $137,445Expenses 2021: $2,895Net Income 2021: $134,5502021Revenue 2022: $519,476Expenses 2022: $4,229Net Income 2022: $515,2472022Revenue 2023: $278,018Expenses 2023: $11,995Net Income 2023: $266,0232023Revenue 2024: $401,066Expenses 2024: $65,164Net Income 2024: $335,9022024Revenue 2025: $103,325Expenses 2025: $148,578Net Income 2025: -$45,2532025

Highlighted filing

2025

Revenue$103,325
Expenses$148,578
Net Income-$45,253

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$393,016
Mission and Program Overview

Mission

To raise funds to provide for the restoration and maintenance of the lake george club historic building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,529,778$1,567,244▲ $37,466
Savings and Temporary Cash Investments$44,202$97,590▲ $53,388
Pledges and Grants Receivable$97,582$61,243▼ $36,339
Cash and Non-Interest-Bearing Accounts-$4,476-
Total Assets$1,671,562$1,730,553▲ $58,991
Liabilities
Accounts Payable and Accrued Expenses$75$512▲ $437
Total Liabilities$75$512▲ $437
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,671,487$1,730,041▲ $58,554
Total Net Assets Fund Balance$1,671,487$1,730,041▲ $58,554
Total Liabilities and Net Assets / Fund Balance$1,671,562$1,730,553▲ $58,991
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathleen GrasmederPresident
Bob CampbellDirector
Carmen Della BellaDirector
David MontanaDirector
Elaine L LawrenceDirector
John CembrookDirector
William RyanDirector
Devon ConwayDirector - Term End 8/11/24
Barbara MacdowellSecretary
Bob BuhrmasterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,956
Program Service Revenue
$0
Investment Income
$41,369
Other Revenue
$0
All Other Contributions
$61,956
Change in Net Assets
$-45,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$101,935
Other Expenses$46,643
Total Fundraising Expense$368
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$101,935--$101,935
Fees for Services Accounting-$13,430-$13,430
Insurance-$971-$971
Other Expenses-$275$368$275
Total Functional Expenses$101,935$46,275$368$148,578
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Lake George ClubDiamond Point, NY501(c)7Restoration and Maintenance of the Lake George Club Historic Building$101,935
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11B

The treasurer will review the return before signing and filing it.

Form 990, Part VI, Section B, Line 12C

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understands the policy, and agrees to comply with the policy and disclose any conflicts of interest or potential conflicts of interest, if any.

Form 990, Part VI, Section C, Line 19

The policies of the foundation are available for the public to review through the new york state bureau of charities. Further, the board or the officers will provide access or copies of these documents if requested.

Filing and Contact Details

Filer

Filer Name
The Lake George Club Historic
EIN
82-2620932
Phone
5184244222
Address
4000 LAKE SHORE DR, DIAMOND POINT, NY 12824

Signing Officer

Name
Bob Buhrmaster
Title
Treasurer
Phone
5184244222
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Buhrmaster
Formed
2017
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
11 BRITISH AMERICAN BLVD, LATHAM, NY 12110
Preparer
Alan W Clink CPA
Phone
5187850134
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a not-for-profit corporation as described in section 501(c)(3) of the internal revenue code and is exempt from income taxes pursuant to section 501(a) of the code. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). Under accounting standards codification (asc) section 740, the tax status of tax-exempt entities is an uncertain tax position, since events could potentially occur that jeopardize tax-exempt status. Management is not aware of any events that could jeopardize the organization's tax-exempt status. Therefore, no liability or provision for income tax has been reflected in the financial statements.

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR - TERM END 8/11/24
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740, THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE THE ORGANIZATION'S TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0101935
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)7
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESTORATION AND MAINTENANCE OF THE LAKE GEORGE CLUB HISTORIC BUILDING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE LAKE GEORGE CLUB
IRS990ScheduleI/RecipientTable/RecipientEIN0140817670
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 175
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DIAMOND POINT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd012824
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A LIST OF EXPENDITURES SPENT TOWARD HISTORIC PRESERVATION IS MAINTAINED BY THE FOUNDATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER WILL REVIEW THE RETURN BEFORE SIGNING AND FILING IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND AGREES TO COMPLY WITH THE POLICY AND DISCLOSE ANY CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST, IF ANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE POLICIES OF THE FOUNDATION ARE AVAILABLE FOR THE PUBLIC TO REVIEW THROUGH THE NEW YORK STATE BUREAU OF CHARITIES. FURTHER, THE BOARD OR THE OFFICERS WILL PROVIDE ACCESS OR COPIES OF THESE DOCUMENTS IF REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01671562
IRS990/TotalAssetsEOYAmt01730553
IRS990/TotalAssetsGrp/BOYAmt01671562
IRS990/TotalAssetsGrp/EOYAmt01730553
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt061956
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0368
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046275
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101935
IRS990/TotalFunctionalExpensesGrp/TotalAmt0148578
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075
IRS990/TotalLiabilitiesEOYAmt0512
IRS990/TotalLiabilitiesGrp/BOYAmt075
IRS990/TotalLiabilitiesGrp/EOYAmt0512
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01671487
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01730041
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0101935
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt041369
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0103325
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01671562
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01730553
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt035 KNOX RD
IRS990/USAddress/CityNm0LAKE GEORGE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012845
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.THELAKEGEORGECLUB.COM/FOUNDATION
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BOB BUHRMASTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05184244222
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LAKE GEORGE CLUB HISTORIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PRESERVATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0822620932
ReturnHeader/Filer/PhoneNum05184244222
ReturnHeader/Filer/USAddress/AddressLine1Txt04000 LAKE SHORE DR
ReturnHeader/Filer/USAddress/CityNm0DIAMOND POINT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012824
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161092347
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MENGEL METZGER BARR & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011 BRITISH AMERICAN BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LATHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012110
ReturnHeader/PreparerPersonGrp/PhoneNum05187850134
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN W CLINK CPA
ReturnHeader/ReturnTs02025-11-15T20:51:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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