Recreation & Sports
(N32)
IRS Verified
DX Registered
990 on File
THE LAKE HOPATCONG FOUNDATION A NEW JERSEY NONPROFIT CORPORATION
Financial strength (30%)
60/100
Reliability (20%)
50/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$700K
Total Revenue
$674K
Total Expenses
$2.7M
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
67.1%
Fundraising Efficiency
476.0%
Operating Reserve
48.69x
Liability-to-Asset
1.6%
Revenue Diversification
83.9%
Executive Compensation
$91K
Compared with Peers
FY 2023
Compared with 11,967 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
67.1% | 94.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.3% | 4.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
14.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
476.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
48.7 mo | 6.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.6% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.9% | 89.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-14.5% | 10.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
14.5% | 14.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $700K | $674K | $2.7M | 67.1% | 7 |
| 2022 | $818K | $589K | $2.7M | 68.4% | 9 |
| 2021 | $677K | $524K | N/A | — | 10 |
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