LAKE LAND COLLEGE FOUNDATION (EIN 237100515) - 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

1970

Legal Domicile

Principal Officer

CHRISTINA DONSBACH

Phone

2172345363

Tax Period

2024-07-01 to 2025-06-30

LAKE LAND COLLEGE FOUNDATION, founded in 1970, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2018. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $245K, a strong 16% operating margin.

Mission

LAKE LAND COLLEGE FOUNDATION WAS ESTABLISHED TO ASSIST LAKE LAND COLLEGE IN DEVELOPING AND ENHANCING THE EDUCATIONAL OPPORTUNITIES AND SERVICES TO ITS STUDENTS, ALUMNI, AND CITIZENS OF THE DISTRICT. THE MISSION OF THE FOUNDATION IS TO PROVIDE STUDENT SCHOLARSHIPS THROUGH FUNDS CONTRIBUTED BY INDIVIDUALS, AGENCIES AND CORPORATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,294,023

Program Service Revenue $0

Investment Income $729,036

Other Revenue $210,896

TOTAL REVENUE $2,233,955

Expense Breakdown

Grants Paid $750,252

Salaries & Benefits $267,195

Fundraising Expenses $165,506

Program Expenses $1,014,982

Other Expenses $567,264

TOTAL EXPENSES $1,584,711

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,233,955	$1,673,676	+0.3%
Expenses	$1,584,711	$1,778,105	-0.1%
Net Income	$649,244	$-104,429	-7.2%

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

$259,165

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY BLACKERBY	PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS WHITE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
AMANDA MARTIN	SECRETARY	1.00	Officer Director	$0	$0	$0
MEG YARGUS STEWARD	FINANCE & INVESTMENT CHAIR	1.00	Director	$0	$0	$0
KATHLEEN ANDERSON	DONOR RELATIONS COMMITTEE CHAIR	1.00	Director	$0	$0	$0
LINDA VON BEHREN	BOARD DEVELOPMENT CHAIR	1.00	Director	$0	$0	$0
RICHARD HARTKE	PAST PRESIDENT	1.00	Director	$0	$0	$0
ANGELA DYER	DIRECTOR	1.00	Director	$0	$0	$0
AUSTIN FRANK	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA SANDERCOCK	DIRECTOR	1.00	Director	$0	$0	$0
KELLIE EASTHAM	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT PAYTON	DIRECTOR	1.00	Director	$0	$0	$0
RUDY HUBER	DIRECTOR	1.00	Director	$0	$0	$0
TYLER MICENHEIMER	DIRECTOR	1.00	Director	$0	$0	$0
AMY SHAFER	DIRECTOR	1.00	Director	$0	$0	$0
GARY PHILIPPI	DIRECTOR	1.00	Director	$0	$0	$0
LAYNA BOND	DIRECTOR	1.00	Director	$0	$0	$0
TERRY MCCONNELL	DIRECTOR	1.00	Director	$0	$0	$0
DENISE BENCE	DIRECTOR - TERM ENDED 10/24	1.00	Director	$0	$0	$0
BLAKE PIERCE	DIRECTOR - TERM ENDED 10/24	1.00	Director	$0	$0	$0
KURTIS RANKIN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTI DONSBACH	EXECUTIVE DIRECTOR	40.00	Officer	$102,562	$30,891	$133,453
MADGE SHOOT	TREASURER	2.00	Officer	$113,016	$12,696	$125,712

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
2025	$2,233,955	$1,584,711	$19,472,255	$649,244
2024	$1,673,676	$1,778,105	$18,008,235	$-104,429
2023	$3,437,842	$2,838,915	$17,342,249	$598,927
2022	$4,733,091	$1,142,062	$16,022,044	$3,591,029
2021	$1,540,976	$939,011	$15,738,505	$601,965
2020	$888,245	$2,404,286	$13,509,676	$-1,516,041
2019	$1,496,648	$1,251,841	$13,964,473	$244,807

LAKE LAND COLLEGE FOUNDATION