LAKEWWOD LAKERS (EIN 141893049) - 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

2003

Legal Domicile

Principal Officer

CHRIS GASSMAN

Phone

3033046673

Tax Period

2022-01-01 to 2022-12-31

LAKEWWOD LAKERS, founded in 2003, is a micro nonprofit that reported $29K in total revenue in fiscal year 2022. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 111% operating deficit.

Mission

ORGANIZATION WAS FORMED TO START YOUTH HOCKEY TEAMS AND LEAGUES. THE HOCKEY TEAMS ARE MEMBERS OF USA HOCKEY AND OTHER AMATEUR HOCKEY ASSOCIATIONS. GOAL OF THE ORGANIZATION IS TO INCREASE YOUTH HOCKEY AWARENESS AND PARTICIPATION. SEVERAL LEAGUES HAVE BEEN FORMED WITH OVER 500 MEMBERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $29,025

Investment Income $0

Other Revenue $0

TOTAL REVENUE $29,025

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,239

Other Expenses $61,198

TOTAL EXPENSES $61,198

Year-over-Year Comparison

	2022	2021	Change
Revenue	$29,025	$155,673	-0.8%
Expenses	$61,198	$152,773	-0.6%
Net Income	$-32,173	$2,900	-12.1%

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

N/A

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
N/A	DIRECTOR	040.00	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
2022	$29,025	$61,198	No data	$-32,173
2021	$155,673	$152,773	$54,430	$2,900
2020	$193,644	$149,521	$51,530	$44,123
2019	$164,429	$170,457	$7,408	$-6,028

LAKEWWOD LAKERS