WAUKEGAN, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKE COUNTY BAR FOUNDATION, founded in 1960, is a small nonprofit in the Education sector that reported $118K in total revenue in fiscal year 2018. Expenses of $149K exceeded revenue, resulting in a 26% operating deficit.
THE FOUNDATION WAS ESTABLISHED IN 1960 TO PROMOTE THE EDUCATION OF LAWYERS AND ADVANCE THE SCIENCE OF JURISPRUDENCE. THE PURPOSES OF THE FOUNDATION ARE: (A) PROMOTING THE CHARITABLE, EDUCATIONAL, SCIENTIFIC AND LITERARY MISSION OF THE LAKE COUNTY BAR ASSOCIATION; (B) IMPROVING AND FACILITATING THE ADMINISTRATION OF JUSTICE; (C) PROMOTING THE STUDY AND RESEARCH OF LAW, THE DIFFUSION OF LEGAL KNOWLEDGE AND THE CONTINUING EDUCATION OF LAWYERS; (D) PUBLISHING AND DISTRIBUTING ADDRESSES, REPORTS, TREASTISES AND OTHER LITERARY WORKS ON LEGAL SUBJECTS; (E) ACQUIRING, PRESERVING AND EXHIBITING RARE BOOKS AND DOCUMENTS, OBJECTS OF ART, AND ITEMS OF CULTURAL OR HISTORICAL INTEREST TO THE LAKE COUNTY COMMUNITY AND/OR HAVING LEGAL SIGNIFICANCE OR BEARING ON THE ADMINISTRATION OF JUSTICE; (F) PROVIDING FINANCIAL ASSISTANCE TO LAKE COUNTY BAR ASSOCIATION ("THE ASSOCIATION") ATTORNEY MEMBERS IN NEED AS DETERMINED SOLELY AT THE DISCRETION OF THE TRUSTEES OF THE FOUNDATION (THE "TRUSTEES"); (G) PURCHAS
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $497,206 | $318,384 | +0.6% |
| Expenses | $130,046 | $117,009 | +0.1% |
| Net Income | $367,160 | $201,375 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOANN FRATIANNI | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KRISTIE FINGERHUT | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PERRY SMITH JR | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHYAMA PARIKH | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICHOLAS RIEWER | Past President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER ASHLEY | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| LOUISE HAYES | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT GIBSON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID GORDON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH GRANT | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| FREDRIC LESSER | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN BERRELL | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL ORI | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN QUINN SR | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID STEPANICH | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| NANDIA BLACK | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL NERHEIM | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC RINEHART | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| MELANIE RUMMEL | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN McCOLLUM | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $497,206 | $130,046 | $1,765,698 | $367,160 |
| 2023 | $318,384 | $117,009 | $1,543,972 | $201,375 |
| 2022 | $139,527 | $108,238 | $1,365,645 | $31,289 |
| 2021 | $95,424 | $112,228 | $1,357,755 | $-16,804 |
| 2020 | $70,571 | $99,789 | $1,414,787 | $-29,218 |
| 2019 | $118,255 | $148,751 | $1,492,219 | $-30,496 |
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