LAKE CHAMPLAIN OPPORTUNITY FUND INC (EIN 030366744) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

CATHERINE DAVIS

Phone

8028633489

Tax Period

2023-10-01 to 2024-09-30

LAKE CHAMPLAIN OPPORTUNITY FUND INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $419K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $246K, a strong 59% operating margin.

Mission

DEVELOP AND IMPLEMENT WORKFORCE DEVELOPMENT STRATEGIES THAT SUPPORT BUSINESS AND INDUSTRY IN VT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $235,147

Program Service Revenue $53,270

Investment Income $130,561

Other Revenue $0

TOTAL REVENUE $418,978

Expense Breakdown

Grants Paid $45,204

Salaries & Benefits $107,753

Fundraising Expenses $0

Program Expenses $164,932

Other Expenses $20,419

TOTAL EXPENSES $173,376

Year-over-Year Comparison

	2023	2022	Change
Revenue	$418,978	$286,578	+0.5%
Expenses	$173,376	$133,961	+0.3%
Net Income	$245,602	$152,617	+0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$262,978

Total Directors

$145,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY DAVIS	PRESIDENT	1.00	Officer Director	$0	$26,127	$145,050
HEATHER ROSS	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY WAINER	DIRECTOR	1.00	Director	$0	$0	$0
DAVE LANE	DIRECTOR	1.00	Director	$0	$0	$0
DON BAKER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE KELLER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE MILLER TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK O'NEIL	VP OF FINANCE	1.00	Officer	$0	$6,694	$117,928

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$418,978	$173,376	$1,402,471	$245,602
2023	$286,578	$133,961	$1,151,949	$152,617
2022	$248,919	$64,800	$1,032,024	$184,119
2021	$987,053	$266,206	$1,106,135	$720,847
2020	$225,127	$142,171	$184,181	$82,956
2019	$285,846	$217,301	$97,725	$68,545
2018	$147,728	$219,251	$11,261	$-71,523

LAKE CHAMPLAIN OPPORTUNITY FUND INC