TRI-LAKES CENTER FOR INDEPENDENT LIVING INC (EIN 043847970) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

LAURA KINNEY

Phone

5188915295

Tax Period

2023-10-01 to 2024-09-30

TRI-LAKES CENTER FOR INDEPENDENT LIVING INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $308K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $290K left a modest 6% surplus.

Mission

EMPOWERING PEOPLE WITH DISABILITIES TO ACHIEVE FREE AND INDEPENDENT LIVES.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $302,959

Program Service Revenue $0

Investment Income $0

Other Revenue $4,931

TOTAL REVENUE $307,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $203,670

Fundraising Expenses $0

Program Expenses $188,506

Other Expenses $86,632

TOTAL EXPENSES $290,302

Year-over-Year Comparison

	2023	2022	Change
Revenue	$307,890	$262,880	+0.2%
Expenses	$290,302	$252,154	+0.2%
Net Income	$17,588	$10,726	+0.6%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$42,974

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY LAMICA	EXECUTIVE DI	20.00	Officer	$42,974	$0	$42,974
LISA KEEGAN	DIRECTOR	1.00	Director	$0	$0	$0
LAURA KINNEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROXANNE MCCARTY	SECRETARY	1.00	Officer Director	$0	$0	$0
LUKE MEISSNER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT MILLER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL NORTHRUP	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KARA OTT	TREASURER	1.00	Officer Director	$0	$0	$0
GEMINI RANDOLPH	DIRECTOR	1.00	Director	$0	$0	$0
MARC WORMUTH	DIRECTOR	1.00	Director	$0	$0	$0

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	$307,890	$290,302	$141,316	$17,588
2023	$262,880	$252,154	$152,749	$10,726
2022	$318,455	$310,506	$117,060	$7,949
2021	$349,252	$346,101	$107,568	$3,151
2020	$341,363	$323,212	$106,906	$18,151
2019	$260,791	$257,826	$77,639	$2,965
2018	$241,364	$238,102	$74,836	$3,262

TRI-LAKES CENTER FOR INDEPENDENT LIVING INC