Mountain Lakes Home & School Association is a 501(c)(3) organization based in Mountain Lks, New Jersey, registered in 1980, with $97,807 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$98K
▲ 33.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$65K
Net assets
$127K
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 Mountain Lakes Home & School Association— 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 Mountain Lakes Home & School Association: 23 mo reserves · +34% 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 Mountain Lakes Home & School Association— 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 Mountain Lakes Home & School Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $66K (FY2013) to $98K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
33.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$127K
Total liabilities
$0
Net assets
$127K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $97,807▲33.9% | $64,984▼3.7% | $127,239▲34.8% | $127,239▲34.8% | 990 |
| 2023 | $73,030▲1.4% | $67,490▼4.1% | $94,416▲6.2% | $94,416▲6.2% | 990 |
| 2022 | $72,050▼4.4% | $70,383▼6.7% | $88,877▲1.9% | $88,877▲1.9% | 990 |
| 2021 | $75,402▼4.9% | $75,409▲3.7% | $87,209 | $87,209 | 990 |
| 2020 | $79,312▼6.7% | $72,725▲9.0% | $87,217▲8.2% | $87,217▲8.2% | 990 |
| 2019 | $85,052▲0.4% | $66,699▼19.4% | $80,630▲29.5% | $80,630▲29.5% | 990 |
| 2018 | $84,684▼2.8% | $82,770▼5.6% | $62,243▲3.1% | $62,243▲3.1% | 990 |
| 2017 | $87,163▼3.4% | $87,662▲0.5% | $60,365▼0.8% | $60,365▼0.8% | 990 |
| 2016 | $90,259▲14.4% | $87,269▲13.1% | $60,864▲5.2% | $60,864▲5.2% | 990 |
| 2015 | $78,921▲15.7% | $77,172▲6.9% | $57,874▲3.1% | $57,874▲3.1% | 990 |
| 2014 | $68,235▲3.2% | $72,195▲4.7% | $56,125▼6.6% | $56,125▼6.6% | 990 |
| 2013 | $66,098 | $68,944▲16.7% | $60,085▼4.5% | $60,085▼4.5% | 990 |
| 2012 | — | $59,101▼8.6% | $62,931▲7.6% | $62,931▲7.6% | 990 |
| 2011 | — | $64,652 | $58,499 | $58,499 | 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.
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Data for Mountain Lakes Home & School Association (EIN 22-2297077) 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.