LAKE SHORE CHILD CARE CENTER INC (EIN 161381646) - 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

1994

Legal Domicile

Principal Officer

VIRGINIA MILLER

Phone

7169342353

Tax Period

2023-01-01 to 2023-12-31

LAKE SHORE CHILD CARE CENTER INC, founded in 1994, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

CHILD CARE SERVICES FOR COMMUNITY FAMILIES

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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 $206,808

Program Service Revenue $806,548

Investment Income $0

Other Revenue $4,351

TOTAL REVENUE $1,017,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $794,917

Fundraising Expenses $0

Program Expenses $917,733

Other Expenses $201,994

TOTAL EXPENSES $996,911

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,017,707	$705,048	+0.4%
Expenses	$996,911	$742,653	+0.3%
Net Income	$20,796	$-37,605	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACQUIE BERGER	BOARD MEMBER	N/A	Director	$0	$0	$0
THOMAS HARMON	BOARD MEMBER	N/A	Director	$0	$0	$0
NORINE JONES	BOARD PRESID	N/A	Director	$0	$0	$0
BRIDGET MAJKA	BOARD MEMBER	N/A	Director	$0	$0	$0
LORIE METS	BOARD MEMBER	N/A	Director	$0	$0	$0
VIRGINIA MILLER	EXECUTIVE DI	N/A	Director	$0	$0	$0
CHRISTINE THIES	BOARD MEMBER	N/A	Director	$0	$0	$0
BECKY WEAVER	BOARD MEMBER	N/A	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	No data	No data	No data	No data
2023	$1,017,707	$996,911	$671,358	$20,796
2022	$705,048	$742,653	$641,046	$-37,605
2021	$605,683	$661,777	$679,984	$-56,094
2019	$821,083	$756,981	$739,791	$64,102
2018	$750,752	$783,590	$681,321	$-32,838

LAKE SHORE CHILD CARE CENTER INC