7 Lakes Alliance is a 501(c)(3) organization based in Belgrade Lks, Maine, registered in 1990, with $3,088,264 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.1M
▲ 88.1% vs prior year
Environment median: $250K
Expenses (FY2024)
$2.1M
Net assets
$9.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 7 Lakes Alliance— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 7 Lakes Alliance: 52 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 7 Lakes Alliance— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 7 Lakes Alliance: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $699K (FY2013) to $3.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
31.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.2M
Total liabilities
$78K
Net assets
$9.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,088,264▲88.1% | $2,110,142▲12.7% | $9,095,506▲14.1% | $9,173,132▲13.6% | 990 |
| 2023 | $1,641,621▼74.0% | $1,872,196▲21.8% | $7,971,035▲3.2% | $8,076,137▲3.3% | 990 |
| 2022 | $6,312,776▲279% | $1,536,548▲31.3% | $7,722,352▲116% | $7,821,288▲113% | 990 |
| 2021 | $1,663,559▲28.7% | $1,170,037▼5.3% | $3,580,368▲17.1% | $3,669,200▲8.9% | 990 |
| 2020 | $1,292,887▼12.0% | $1,234,960▲8.3% | $3,057,110▲3.1% | $3,369,253▼4.8% | 990 |
| 2019 | $1,469,905▼23.4% | $1,140,350▼43.6% | $2,966,387▲10.7% | $3,537,425▼1.4% | 990 |
| 2018 | $1,920,101▲43.4% | $2,020,486▲250% | $2,680,536▼4.0% | $3,585,916▲26.8% | 990 |
| 2017 | $1,338,929▲140% | $577,750▲0.7% | $2,793,212▲37.5% | $2,826,958▲34.6% | 990 |
| 2016 | $558,692▼9.9% | $573,622▼6.0% | $2,032,033▼0.7% | $2,100,673▼6.3% | 990 |
| 2015 | $620,142▲2.9% | $610,360▲8.0% | $2,046,963▲0.5% | $2,241,593▼3.0% | 990 |
| 2014 | $602,552▼13.8% | $565,099▼0.2% | $2,037,181▲1.9% | $2,311,045▲14.3% | 990 |
| 2013 | $698,688 | $566,437▼1.1% | $1,999,728▲7.1% | $2,021,794▲7.5% | 990 |
| 2012 | — | $572,642▲10.0% | $1,867,477▲6.6% | $1,880,418▲6.5% | 990 |
| 2011 | — | $520,497▲42.8% | $1,751,763▲10.4% | $1,765,630▲10.0% | 990 |
| 2010 | — | $364,473 | $1,587,324 | $1,605,595 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
30 grants to 7 Lakes Alliance totaling $831K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $52,600 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $20,000 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $20,000 |
| The New York Community Trust | For general support. | 2024 | $12,000 |
| American Online Giving Foundation Inc | General support | 2024 | $10,657 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $68,975 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $64,500 |
| Donor Advised Charitable Giving | Environmental and animals | 2023 | $30,850 |
| The New York Community Trust | For general support. | 2023 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $63,575 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $34,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $45,675 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $45,675 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $36,000 |
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Data for 7 Lakes Alliance (EIN 04-3047156) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.