Shafer & Freeman Lakes Environmental Conservation is a 501(c)(3) organization based in Monticello, Indiana, registered in 1992, with $706,536 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$707K
▲ 13.7% vs prior year
Environment median: $250K
Expenses (FY2024)
$768K
Net assets
$28.4M
Employees
—
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 Shafer & Freeman Lakes Environmental Conservation— 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 Shafer & Freeman Lakes Environmental Conservation: 443 mo reserves · -9% margin earns a B+ 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 Shafer & Freeman Lakes Environmental Conservation— 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 Shafer & Freeman Lakes Environmental Conservation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $470K (FY2013) to $707K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-8.8%
Spent more than it raised in the latest fiscal year.
Total assets
$28.4M
Total liabilities
$2,418
Net assets
$28.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $706,536▲13.7% | $768,407▲38.3% | $28,371,649▼0.2% | $28,374,067▼0.2% | 990 |
| 2023 | $621,560▲3.6% | $555,493▲13.3% | $28,432,786▲0.2% | $28,436,090▲0.2% | 990 |
| 2022 | $599,903▼7.0% | $490,493▲10.3% | $28,365,567▲0.4% | $28,366,703▲0.4% | 990 |
| 2021 | $644,931▲19.7% | $444,856▼19.2% | $28,257,597▲0.7% | $28,258,428▲0.7% | 990 |
| 2020 | $538,579▼23.2% | $550,383▲4.3% | $28,055,913 | $28,056,777 | 990 |
| 2019 | $700,900▲13.4% | $527,560▲16.3% | $28,067,092▲0.6% | $28,069,226▲0.6% | 990 |
| 2018 | $617,973▲0.2% | $453,551▼17.7% | $27,892,437▲0.6% | $27,894,131▲0.6% | 990 |
| 2017 | $616,843▲2.1% | $551,036▼14.4% | $27,728,748▲0.2% | $27,729,826▲0.2% | 990 |
| 2016 | $604,441▲21.7% | $643,979▲4.4% | $27,660,275▼0.1% | $27,663,857▼0.1% | 990 |
| 2015 | $496,472▲29.8% | $616,717▲30.0% | $27,698,505▼0.4% | $27,699,272▼0.4% | 990 |
| 2014 | $382,394▼18.6% | $474,241▼8.1% | $27,821,731▼0.3% | $27,822,790▼0.3% | 990 |
| 2013 | $469,745 | $516,047▲4.0% | $27,912,834▼0.2% | $27,913,878▼0.2% | 990 |
| 2012 | — | $496,077▼11.4% | $27,970,200▼0.1% | $27,971,502▼0.1% | 990 |
| 2011 | — | $560,102▲0.4% | $27,987,617▼0.2% | $27,988,403▼0.2% | 990 |
| 2010 | — | $557,951 | $28,040,085 | $28,040,941 | 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 Shafer & Freeman Lakes Environmental Conservation (EIN 35-1863827) 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.