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Minnesota · Nonprofit

LAKE EFFECT CONSERVANCY

LAKE EFFECT CONSERVANCY (Minnesota) receives grants from 18 organizations whose IRS filings report $1,065,720 to it, the largest being THE MINNEAPOLIS FOUNDATION ($511,000). 5 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$184k
Funders on record
18
Grants received
$1.1M
Net assets
$174k
5/18 repeat funderspeak grant-dependency 66%
01What it does

What Lake Effect Conservancy does

Mission

The Lake Effect Conservancy is a nonprofit organization that serves as an advocate and fundraising agency for the panoway on wayzata bay initiative, a public-private partnership with the city of wayzata. The goal of this initiative is to preserve and enhance the city's greatest asset, lake minnetonka, for future generations and to help improve the lakeside ecosystem with significant benefits to the community.

As stated on its FY2024 Form 990.

Program

  1. 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. Private funds raised through the Lake Effect Conservancy helped pay for the improvements of phase 2 in 2024. Contributions to the city of wayzata for phase 2 totaled over $700,000 in 2024. We continued our efforts in raising funds and awareness of phase 3 of the panoway project, which includes preservation and renovation of the section foreman house and the eco park. We received over $12,000 of donations earmarked for this phase of the project in 2024.

    $708,392 spentof which $700,892 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $708,392.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($146k) Expenses 100 ($5k) Net assets 100 ($142k)2018 Revenue 53 ($78k) Expenses 1516 ($73k) Net assets 104 ($147k)2019 Revenue 145 ($213k) Expenses 1675 ($81k) Net assets 197 ($279k)2020 Revenue 54 ($79k) Expenses 3180 ($153k) Net assets 145 ($206k)2021 Revenue 194 ($285k) Expenses 6133 ($295k) Net assets 138 ($195k)2022 Revenue 161 ($236k) Expenses 6282 ($302k) Net assets 90 ($128k)2023 Revenue 893 ($1.3M) Expenses 13186 ($635k) Net assets 566 ($801k)2024 Revenue 126 ($184k) Expenses 16859 ($811k) Net assets 123 ($174k)
'17'18'19'20'21'22'23'24
Revenue (126)Expenses (16859)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $128k to $801k (+525%).

$142k
$147k
$279k
$206k
$195k
$128k
$801k
$174k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 38%. Grants only. Government contracts and fees sit inside program revenue.

91% of LAKE EFFECT CONSERVANCY’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).

This organization
Typical peer · 4,629 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$142k
’17
$5k
’18
$132k
’19
−$74k
’20
−$10k
’21
−$67k
’22
$673k
’23
−$627k
’24
2.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Blake Sandvold

Chair

As listed on its FY2024 Form 990.

201920202021202220232024
Listed101116141311
Joined·+1+9+1+0+2
No longer listed·04314
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 4 funders to 5 funders, grant income rose $141k → $207k.

4 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 73% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LAKE EFFECT CONSERVANCY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LAKE EFFECT CONSERVANCY leans on a few funders — its largest provides 48% of grant income and the top three 77%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LAKE EFFECT CONSERVANCY.

48%
largest funder
77%
top three
~3
effective funders

Largest funder’s share by year: 2019 71% · 2020 56% · 2021 23% · 2022 73% · 2023 48% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

17% of LAKE EFFECT CONSERVANCY's funders are still giving 3 years after their first grant; 28% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

73% of LAKE EFFECT CONSERVANCY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $292k that is directly attributable, 83% of it comes from Minnesota funders.

MN
TX
FL

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $774k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LAKE EFFECT CONSERVANCY's revenue grew 26% between 2017 and 2024.

Operating margin−341% · bottom quartile
Months of reserve2.6mo · bottom quartile
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 4,264 environment nonprofits $100k–$1M, FY2024

Organizations like LAKE EFFECT CONSERVANCY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 12%Fundraising 1%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for LAKE EFFECT CONSERVANCY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LAKE EFFECT CONSERVANCY?
LAKE EFFECT CONSERVANCY (Minnesota) receives grants from 18 organizations whose IRS filings report $1,065,720 to it, the largest being THE MINNEAPOLIS FOUNDATION ($511,000). 5 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does LAKE EFFECT CONSERVANCY have?
IRS filings report 18 organizations giving $1,065,720 in grants to LAKE EFFECT CONSERVANCY, 5 of which have funded it in more than one year.
Who is the largest funder of LAKE EFFECT CONSERVANCY?
THE MINNEAPOLIS FOUNDATION is the largest funder on record, with $511,000 in grants. The full list of funders is on this page.
How can an organization like LAKE EFFECT CONSERVANCY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lake Effect Conservancy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 18 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing