LAKEVIEW COMMUNITY RESOURCES INC (EIN 161447658) - 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

NAOMI GLEASON

Phone

3157895501

Tax Period

2023-01-01 to 2023-12-31

LAKEVIEW COMMUNITY RESOURCES INC, founded in 1994, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 9664964% from the prior year, signaling strong growth momentum. The organization ran a surplus of $998K, a strong 94% operating margin.

Mission

THROUGH THE USE OF DEVELOPMENT FUNDS, THE ORGANIZATION SUPPORTS AND ASSISTS THE DELIVERY OF SERVICES BY LAKEVIEW HEALTH SERVICES, INC.

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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 $0

Program Service Revenue $0

Investment Income $30

Other Revenue $1,063,127

TOTAL REVENUE $1,063,157

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,537

Fundraising Expenses $0

Other Expenses $31,070

TOTAL EXPENSES $65,607

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,063,157	$11	+96649.6%
Expenses	$65,607	$63,256	+0.0%
Net Income	$997,550	$-63,245	-16.8%

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

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

$319,968

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN H HOVEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
SHARON STECK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDRA ANSLEY	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
HUGH PRICE	BOARD MEMBER	1.00	Director	$0	$0	$0
HARRY MERRYMAN	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$6,731	$178,731
NAOMI GLEASON	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$13,472	$141,237

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	$1,063,157	$65,607	$2,470,964	$997,550
2022	$11	$63,256	$858,184	$-63,245
2021	$271,426	$152,592	$919,729	$118,834
2020	$464,628	$139,031	$619,966	$325,597
2019	$3,638	$402,241	$1,712,317	$-398,603
2018	$993,108	$248,044	$2,423,760	$745,064

LAKEVIEW COMMUNITY RESOURCES INC