Lake Effect Conservancy
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Preserves and enhances Lake Minnetonka's ecosystem for future generations and community benefit. For fiscal year 2024 it reported $184K in revenue, $811K in expenses, and $174K in net assets.Pt I
Summary of the Filing
Where the work happens
Construction of phase 2 was completed in june 2024. This included a 1,200 foot-long lakewalk that stretches along a restored shoreline of lake minnetonka from broadway ave to the depot. The lakewalk openend to the public in june 2024, and quickly became a popular commnuity asset.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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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 | 87% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 4% | — | — |
| Revenue growth | -86% | — | — |
| Accounting fee ratio | 0% | — | — |
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.
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