LAKE WALES CARE CENTER FOUNDATION INC (EIN 200357499) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

ROB QUAM

Phone

8636766678

Tax Period

2023-01-01 to 2023-12-31

LAKE WALES CARE CENTER FOUNDATION INC, founded in 2003, is a small nonprofit in the Health Care sector that reported $181K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $245K exceeded revenue, resulting in a 36% operating deficit.

Mission

THE PURPOSE OF THE FOUNDATION IS TO RENDER FINANCIAL ASSISTANCE AND SUPPORT THE LAKE WALES CARE CENTER, INC. TO ASSIST IN ITS ENDEAVOR TO RENDER ASSISTANCE TO THOSE IN GENUINE NEED WITH THE HIGHEST LEVEL OF CARING, WITHOUT REGARD TO RACE, COLOR, RELIGION, CREED, SEX OR ETHNIC OR NATIONAL ORIGIN AND SUCH OTHER PURPOSES AS THE CARE CENTER SHALL DEEM APPROPRIATE FROM TIME TO TIME.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $180,684

Other Revenue $0

TOTAL REVENUE $180,684

Expense Breakdown

Grants Paid $193,717

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,717

Other Expenses $51,152

TOTAL EXPENSES $244,869

Year-over-Year Comparison

	2023	2022	Change
Revenue	$180,684	$675,689	-0.7%
Expenses	$244,869	$266,092	-0.1%
Net Income	$-64,185	$409,597	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JERRY BROWN	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN MOTIS	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
DAVID FISHER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
LINDA KIMBROUGH	DIRECTOR	1.00	Director	$0	$0	$0
ED LAMB	SECRETARY	1.00	Director	$0	$0	$0
DORIS GUKICH	DIRECTOR	1.00	Director	$0	$0	$0
VIC STORY	DIRECTOR	1.00	Director	$0	$0	$0
JERRY WEIMER	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN CALLAHAM	DIRECTOR	1.00	Director	$0	$0	$0
JAMES JAHNA	DIRECTOR	1.00	Director	$0	$0	$0
MARK PARLIER	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA PULIDO	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
2024	No data	No data	No data	No data
2023	$180,684	$244,869	$5,726,354	$-64,185
2022	$675,689	$266,092	$5,299,862	$409,597
2021	$230,002	$196,210	$5,866,302	$33,792
2020	$225,291	$189,837	$5,144,614	$35,454
2019	$202,808	$317,818	$4,918,989	$-115,010
2018	$259,848	$543,671	$4,284,305	$-283,823

LAKE WALES CARE CENTER FOUNDATION INC