THE LAKE PLACID SINFONIETTA INC (EIN 112608012) - 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

1981

Legal Domicile

Phone

5185232051

Tax Period

2024-10-01 to 2025-09-30

THE LAKE PLACID SINFONIETTA INC, founded in 1981, is a small nonprofit that reported $380K in total revenue in fiscal year 2024. Net assets of $1.4M represent 45 months of operating reserves.

Mission

THE LAKE PLACID SINFONIETTA, THE ADIRONDACK'S ORCHESTRA OF WORLD CLASS MUSICIANS, UNLEASHES THE POWER OF MUSIC TO ENTERTAIN, EDUCATE AND INSPIRE PEOPLE OF ALL AGES. UNITES ADIRONDACK COMMUNITIES AND VISITORS WITH INSPIRING MUSIC IN A BEAUTIFUL ENVIRONMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $245,409

Program Service Revenue $62,781

Investment Income $42,514

Other Revenue $28,999

TOTAL REVENUE $379,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $290,864

Fundraising Expenses $0

Program Expenses $307,682

Other Expenses $108,083

TOTAL EXPENSES $398,947

Year-over-Year Comparison

	2024	2023	Change
Revenue	$379,703	$374,067	+0.0%
Expenses	$398,947	$395,703	+0.0%
Net Income	$-19,244	$-21,636	-0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE HILL	Director	1.00	Director	$0	$0	$0
ROBIN BAXTER	President	1.00	Officer Director	$0	$0	$0
CLAYTON McCLESKEY	Director	1.00	Director	$0	$0	$0
KATHLEEN BRIGGS	Secretary	1.00	Officer Director	$0	$0	$0
DANIEL BAKER	Treasurer	1.00	Officer Director	$0	$0	$0
ELIZABETH BAXTER	Director	1.00	Director	$0	$0	$0
LISA D'ALESSANDRO	Director	1.00	Director	$0	$0	$0
BARBARA ERICKSON	Director	1.00	Director	$0	$0	$0
ANNE HURD	Director	1.00	Director	$0	$0	$0
BRENDA JOCK	Vice President	1.00	Officer Director	$0	$0	$0
LOHR McKINSTRY	Director	1.00	Director	$0	$0	$0
ANGELEQUE AKIN-LITTLE	Director	1.00	Director	$0	$0	$0
PATRICIA ELDRIDGE	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
2025	$379,703	$398,947	$1,418,177	$-19,244
2024	$374,067	$395,703	$1,316,810	$-21,636
2023	$337,024	$373,452	$1,158,199	$-36,428
2022	$373,888	$382,343	$1,078,282	$-8,455
2021	$342,334	$350,070	$1,405,188	$-7,736
2020	$254,129	$156,598	$1,219,429	$97,531
2019	$373,508	$339,931	$1,090,131	$33,577
2018	$407,667	$361,347	$1,057,099	$46,320

THE LAKE PLACID SINFONIETTA INC