LAKESIDE HOUSE INC (EIN 141601762) - 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

1978

Legal Domicile

Principal Officer

PETER WOOD

Phone

5188910815

Tax Period

2024-01-01 to 2024-12-31

LAKESIDE HOUSE INC, founded in 1978, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $618K, a strong 36% operating margin.

Mission

LAKESIDE HOUSE PROVIDES A SAFE HOME AND A SUPPORTIVE COMMUNITY TO PEOPLE EXPERIENCING CHALLENGES MAINTAINING MENTAL HEALTH AND A STABLE LIVING ENVIRONMENT. THROUGH RESIDENTIAL SERVICES, SUPPORTIVE HOUSING CASE MANAGEMENT, AND TRANSITIONAL HOUSING FOR THOSE EXPERIENCING HOMELESSNESS WE HELP PEOPLE IMPROVE THEIR QUALITY OF LIFE, INTEGRATE INTO THE COMMUNITY, AND ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE.

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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 $731,726

Program Service Revenue $950,046

Investment Income $12,310

Other Revenue $0

TOTAL REVENUE $1,694,082

Expense Breakdown

Grants Paid $0

Salaries & Benefits $852,992

Fundraising Expenses $0

Program Expenses $823,324

Other Expenses $222,881

TOTAL EXPENSES $1,075,873

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,694,082	$1,041,123	+0.6%
Expenses	$1,075,873	$1,002,392	+0.1%
Net Income	$618,209	$38,731	+15.0%

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

$140,488

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER WOOD	EXECUTIVE DI	40.00	Officer	$54,392	$14,351	$68,743
MARC CZADZECK	EXECUTIVE DI	40.00	Officer	$30,799	$12,879	$43,678
SARAH WALRATH	INTERIM EXEC	40.00	Officer	$28,067	$0	$28,067
DIANE BRYJAK	BOARD MEMBER	2.00	Director	$0	$0	$0
JULIE CONNORS	SECRETARY/TR	6.00	Officer Director	$0	$0	$0
KATHLEEN DOWD-MALONEY	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS FINCH	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
JOE KEEGAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JODI LUXFORD	BOARD MEMBER	2.00	Director	$0	$0	$0
DONALD MORGAN	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIAN PELKEY	BOARD MEMBER	2.00	Director	$0	$0	$0
CAMELIA SHERIDAN	PRESIDENT	8.00	Officer Director	$0	$0	$0
CHUCK VANANDEN	BOARD MEMBER	2.00	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	$1,694,082	$1,075,873	$1,592,604	$618,209
2023	$1,041,123	$1,002,392	$900,245	$38,731
2022	$1,078,254	$826,920	$878,153	$251,334
2021	$979,684	$730,025	$648,398	$249,659
2020	$717,154	$687,031	$529,640	$30,123
2019	$651,636	$668,428	$369,319	$-16,792
2018	$663,143	$675,961	$414,741	$-12,818

LAKESIDE HOUSE INC