Nonprofit · EIN 04-3124223
FRIENDS OF LAKE QUANNAPOWITT
Tax-exempt · WAKEFIELD, MA 01880
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $43,554 | $14,104 | $29,450 | $334,954 | $0 | $334,954 |
| December 31, 2023 | 990 | $25,824 | $28,932 | -$3,108 | $295,054 | $0 | $295,054 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $24,412
- Membership dues
- $4,270
- Program service revenue
- $0
- Investment income
- $19,082
- Net income from sales of inventory
- $60
- Other revenue
- $60
Expenses
- Grants and similar amounts paid
- $2,506
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,562
- Program services (functional)
- $11,284
- Management and general (functional)
- $2,820
Balance sheet and other
- Total assets, start of year
- $295,054
- Total assets, end of year
- $334,954
- Total liabilities, end of year
- $0
- Net assets, end of year
- $334,954
- Publicly traded securities
- $294,099
- Net assets without donor restrictions
- $9,329
- Net assets with donor restrictions
- $325,625
- Gross receipts
- $43,614
- Employees
- 0
- Volunteers
- 30
- Year formed
- 1991
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM CONLEY | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DOUGLAS MILDRAM | TREASURER Trustee or director, Officer | 5 | $0 |
| MARGARET E COPPE | DIRECTOR Trustee or director | 5 | $0 |
| CAROL DENNISON | DIRECTOR Trustee or director | 4 | $0 |
| WILLIAM BUTLER | DIRECTOR Trustee or director | 2 | $0 |
| KAREN FALER | DIRECTOR Trustee or director | 3 | $0 |
| LEEILA GIVEN | DIRECTOR Trustee or director | 2 | $0 |
| JOHN SOFIA | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS STAPLETON | DIRECTOR Trustee or director | 2 | $0 |
| TIMOTHY WELCH | DIRECTOR Trustee or director | 4 | $0 |
| WILLIAM BOODRY | DIRECTOR Trustee or director | 4 | $0 |
| ROBERT WETTACH | DIRECTOR Trustee or director | 4 | $0 |
| GREG ANDERSON | ASSOCIATE DIRECTOR Trustee or director | 2 | $0 |
| MISSY THOMSON | ASSOCIATE DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS STAPLETON | DIRECTOR Trustee or director | 2 | $0 |
| JOHN SOFIA | DIRECTOR Trustee or director | 2 | $0 |
| LEEILA GIVEN | DIRECTOR Trustee or director | 2 | $0 |
| ROBERT WETTACH | DIRECTOR Trustee or director | 2 | $0 |
| WILLIAM BOODRY | DIRECTOR Trustee or director | 5 | $0 |
| TIMOTHY WELCH | DIRECTOR Trustee or director | 2 | $0 |
| CAROL DENNISON | DIRECTOR Trustee or director | 2 | $0 |
| MARGARET E COPPE | DIRECTOR Trustee or director | 5 | $0 |
| KAREN FALER | DIRECTOR Trustee or director | 5 | $0 |
| WILLIAM BUTLER | DIRECTOR Trustee or director | 2 | $0 |
| WILLIAM CONLEY | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DOUGLAS MILDRAM | TREASURER Trustee or director, Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 517, WAKEFIELD, MA 01880-4417
- In care of
- % WILLIAM T CONLEY
- Principal officer (990 for 2024)
- WILLIAM CONLEY, PO BOX 517, WAKEFIELD, MA 01880
- Signed the 990
- WILLIAM T CONLEY, TREASURER
- Phone
- (781) 999-2764
- Website
- WWW.FOLQ.ORG
- Return prepared by
- PAUL LYSAN CPA
Mission
TO PROMOTE PUBLIC AWARENESS AND PROVIDE LONG-TERM PROTECTION AND ENHANCEMENT OF LAKE QUANNAPOWITT AND ITS PUBLIC LANDS.
Program accomplishments
- ENHANCE COMMUNITY AND PUBLIC AWARENESS OF FACTORS AFFECTING ENVIRONMENTAL AND WATER QUALITY. EDUCATE STUDENTS IN THE CLASSROOM AND FIELD STUDIES ABOUT ECOLOGICAL AND WATERSHED STUDIES. PUBLISH PERIODIC NEWSLETTERS AND FLIERS. DEVELOP FOLQ SOCIAL MEDIA ELECTRONIC COMMUNICATIONS PLATFORM AND MAINTAIN ITS WEBSITE. MISCELLANEOUS DONATIIONS TO WAKEFIELD COMMUNITY ORGANIZATIONS.Expenses $5,621
- PROMOTE RESPONSIBLE AND SUSTAINABLE USE OF LAKE QUANNAPOWITT AND ITS SHORELINE. PROTECT THE LAKE ENVIRONMENTAL QUALITY AND ITS SHORELINE AGAINST STORMWATER POLLUTION. MONITOR AND TEST WATER QUALITY. OBSERVE AND RECORD VARIOUS ECOLOGICAL FACTORS AFFECTING WATER QUALITY OF THE LAKE AND ADJACENT AREAS AND WATERWAYS. MONITOR AND SUPPORT EFFORTS TO MITIGATE ENVIRONMENTAL IMPACT OF NON-MIGRATORY GEESE ON THE LAKE AND ADJACENT AREAS.Expenses $2,958
- PROMOTE RECREATIONAL USE OF THE LAKE QUANNAPOWITT AND ADJACENT LANDS. MAKE SITE IMPROVEMENTS TO PUBLIC PARK AREAS NEAR THE LAKE, PURCHASE BENCHES AND COMMEMORATIVE BRICKS, AND INSTALL OTHER AMENITIES AROUND THE LAKE FOR THE BENEFIT OF WAKEFIELD RESIDENTS AND VISTORS FROM OTHER COMMUNITIES.Expenses $2,506 · grants $2,156
- ENHANCE LAKE QUANNAPOWITTS APPEARANCE AND ENVIRONMENT. CLEAN UP LITTER AROUND THE LAKESIDE AND ADJACENT PARKS, REPAIR BENCHES, AND RESTRAIN COMMERCIAL DEVELOPMENT NEAR THE LAKE.Expenses $199
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3124223
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Environment (C320)
- Assets (IRS master file)
- $334,954
- Income (IRS master file)
- $43,614
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $43,554 | $14,104 | $334,954 | XML |
| 990 | December 2023 | $25,824 | $28,932 | $295,054 | XML |
| 990 | December 2022 | $33,339 | $11,786 | $272,453 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3124223).
Questions about FRIENDS OF LAKE QUANNAPOWITT
- What is the EIN of FRIENDS OF LAKE QUANNAPOWITT?
- The employer identification number (EIN) of FRIENDS OF LAKE QUANNAPOWITT is 04-3124223.
- Is FRIENDS OF LAKE QUANNAPOWITT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to FRIENDS OF LAKE QUANNAPOWITT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF LAKE QUANNAPOWITT file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FRIENDS OF LAKE QUANNAPOWITT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDS OF LAKE QUANNAPOWITT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FRIENDS OF LAKE QUANNAPOWITT?
- The 990 for the year ended December 31, 2024 names WILLIAM CONLEY.
- Who are the officers and directors of FRIENDS OF LAKE QUANNAPOWITT?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF LAKE QUANNAPOWITT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $43,554, expenses of $14,104 and total assets of $334,954 at year end.
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