MOUNTAIN LAKES HOLDING CORP (EIN 222872771) - 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

1988

Legal Domicile

Principal Officer

ERIC TAZELAAR

Phone

6099248720

Tax Period

2023-10-01 to 2024-09-30

MOUNTAIN LAKES HOLDING CORP, founded in 1988, is a micro nonprofit that reported $63K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Net assets of $215K represent 41 months of operating reserves.

Mission

OPERATES THE FACILITIES FOR THE BENEFIT OF FRIENDS OF PRINCETON OPEN SPACE, A 501(C)(3).

🔒

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 $60,050

Investment Income $3,099

Other Revenue $0

TOTAL REVENUE $63,149

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,380

Other Expenses $40,621

TOTAL EXPENSES $65,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$63,149	$114,921	-0.5%
Expenses	$65,621	$86,523	-0.2%
Net Income	$-2,472	$28,398	-1.1%

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

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
FREDERICK BIGELOW	TREASURER	0.50	Officer Director	$0	$0	$0
CLARK LENNON	BOARD MEMBER	0.50	Director	$0	$0	$0
WENDY MAGER	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
ARCHIBALD REID	BOARD MEMEBE	0.50	Director	$0	$0	$0
ERIC TAZELAAR	PRESIDENT/SE	3.00	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
2024	$63,149	$65,621	$229,268	$-2,472
2023	$114,921	$86,523	$227,260	$28,398
2022	$98,832	$60,712	$198,862	$38,120
2021	$101,876	$44,572	$167,542	$57,304
2020	$45,696	$54,450	$104,088	$-8,754
2019	$88,175	$66,349	$112,492	$21,826
2018	$116,620	$95,207	$104,340	$21,413

MOUNTAIN LAKES HOLDING CORP