LAKES COMMUNITY LAND TRUST

EIN: 205146017 501(c)(3)

SPIRIT LAKE, IA

Total Revenue
$-41,043
Total Expenses
$106,304
Total Assets
N/A
Net Assets
N/A
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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
2006
Legal Domicile
IA
Principal Officer
KEITH BROCKMEYER
Phone
7123361068
Tax Period
2019-01-01 to 2019-12-31

LAKES COMMUNITY LAND TRUST, founded in 2006, is a micro nonprofit that reported $41K in total revenue in fiscal year 2019. Revenue fell 152% from the prior year — a significant decline worth monitoring.

Mission

THE LAKES COMMUNITY LAND TRUST SUSTAINS SOCIAL AND ECONOMIC EQUITY AND A CLEAN ENVIRONMENT THROUGH LANDS HELD IN COMMON.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $19,613
Investment Income $-60,906
Other Revenue $250
TOTAL REVENUE $-41,043

Expense Breakdown

Grants Paid $39,146
Salaries & Benefits $31,292
Fundraising Expenses $0
Program Expenses $77,114
Other Expenses $35,866
TOTAL EXPENSES $106,304

Year-over-Year Comparison

2019 2018 Change
Revenue $-41,043 $79,126 -1.5%
Expenses $106,304 $103,921 +0.0%
Net Income $-147,347 $-24,795 +4.9%
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

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Governance

Voting Members
3
Independent Members
3
Employees
2
Volunteers
20

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH BROCKMEYER PRESIDENT 1.00
Officer Director
$0 $0 $0
LAURI HOLBROOK SECRETARY/TR 1.00
Officer Director
$0 $0 $0
LAURIE RUF DIRECTOR 1.00
Officer 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
2019 $-41,043 $106,304 No data $-147,347
2018 $79,126 $103,921 $363,662 $-24,795
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