South Lake Preserve INC
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Develop a public park near historic ice houses, enhancing the lake's beauty for all. For fiscal year 2025 it reported $75K in revenue, $56K in expenses, and $1.8M in net assets.Pt I
Summary of the Filing
Where the work happens
To promote and support the organization's mission which is to create a public park area near the historic site of ice houses on conneaut lake and enhance the beauty of the lake in a setting which reflects its unique qualities by providing dock rentals to the general public.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Penny Watson’s $3K as Treasurer is at the 10th percentile of top reported officer pay among 133 <$100K environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 72% | — | — |
| Overhead ratio | 28% | — | — |
| Revenue growth | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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