GRIFFITH, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKE AREA UNITED WAY INC, founded in 1972, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2020. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $4.3M exceeded revenue, resulting in a 81% operating deficit.
TO IMPROVE LIVES BY MOBILIZING THE CARING POWER OF OUR COMMUNITY TO ADVANCE THE COMMON GOOD.
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)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $2,378,977 | $3,888,637 | -0.4% |
| Expenses | $4,301,243 | $1,961,784 | +1.2% |
| Net Income | $-1,922,266 | $1,926,853 | -2.0% |
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 |
|---|---|---|---|---|---|---|
| AARON MCDERMOTT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEN M SPAJER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT SALTANOVITZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL JASAITIS | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTOPHER WHITE | PAST CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHERRI ZILLER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIJO DLUZAK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| EVELYN MORRISON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIAN MARSH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK MRVAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DESILA ROSETTI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARISA SMOLJAN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM DYE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM MCDERMOTT SR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE SCHNEIDER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF STRACK | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PHIL TAILLON | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LOUIE GONZALEZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LEO CORREA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE WORTHAM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER MONTAGUE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA DAUGHERTY | OUTGOING PRESIDENT/CEO | 40.00 |
Officer
|
$146,032 | $5,000 | $151,032 |
| DAVID NICOLE | INTERIM PRESIDENT/CEO | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $2,378,977 | $4,301,243 | $2,544,209 | $-1,922,266 |
| 2019 | $2,407,751 | $2,080,893 | $2,406,633 | $326,858 |
| 2018 | $2,356,905 | $2,333,572 | $1,743,707 | $23,333 |
Compare LAKE AREA UNITED WAY INC with other nonprofits in Indiana and across the country.