LAKESHORE COMMUNITY SERVICES INC (EIN 251577930) - 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

1986

Legal Domicile

Principal Officer

ALAN BENSON

Phone

8144569962

Tax Period

2024-07-01 to 2025-06-30

LAKESHORE COMMUNITY SERVICES INC, founded in 1986, is a mid-sized nonprofit in the Human Services sector that reported $24.9M in total revenue in fiscal year 2024.

Mission

THE MISSION OF LAKESHORE COMMUNITY SERVICES, INC. (LAKESHORE) IS TO ENHANCE THE ABILITY OF PERSONS WITH MENTAL AND PHYSICAL DISABILITIES TO LIVE AS INDEPENDENTLY AS POSSIBLE THROUGH ACQUISITION OF SKILLS AND UTILIZATION OF SERVICES THAT PROMOTE EACH INDIVIDUAL'S SELF DIRECTION, PERSONAL WORTH AND VALUE.

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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 $834,675

Program Service Revenue $23,865,909

Investment Income $203,677

Other Revenue $31,804

TOTAL REVENUE $24,936,065

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,100,074

Fundraising Expenses $0

Program Expenses $21,367,531

Other Expenses $4,793,175

TOTAL EXPENSES $24,893,249

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,936,065	$23,150,997	+0.1%
Expenses	$24,893,249	$24,729,271	+0.0%
Net Income	$42,816	$-1,578,274	-1.0%

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

423

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

$698,692

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEAH MANINO	BOARD MEMBER	2.00	Director	$0	$0	$0
JIM SYKES	BOARD MEMBER	2.00	Director	$0	$0	$0
LAURA LEWIS	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
ALLYSON RAFFERTY	BOARD MEMBER	2.00	Director	$0	$0	$0
GREGORY LOOP	BOARD MEMBER	2.00	Director	$0	$0	$0
SHARON YOST	BOARD PRESIDENT	2.00	Officer Director	$0	$0	$0
GARY MAAS	BOARD MEMBER	2.00	Director	$0	$0	$0
KURT SUNDBERG	BOARD MEMBER	2.00	Director	$0	$0	$0
CANDY CONDRAN	BOARD MEMBER	2.00	Director	$0	$0	$0
DONNA CARLINO	CHIEF FINANCIAL OFFICER	40.00	Officer	$200,060	$20,602	$220,662
JENNIFER RINDERLE	CHIEF OPERATING OFFICER	40.00	Officer	$177,575	$22,710	$200,285
ALAN BENSON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$258,134	$19,611	$277,745
KARLYN SCHULTZ	VP OF ID SERVICES	40.00	Highest	$135,574	$19,319	$154,893
JOSEPH LANG	MARKETING DIRECTOR	40.00	Highest	$105,277	$16,251	$121,528
JONATHAN PRICE	IT MANAGER	40.00	Highest	$104,241	$18,093	$122,334
CARL SEEKER	DIRECTOR OF WAIVER RESIDEN	40.00	Highest	$141,632	$8,966	$150,598

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	$24,936,065	$24,893,249	$14,535,943	$42,816
2024	$23,150,997	$24,729,271	$14,893,226	$-1,578,274
2023	$23,212,856	$23,814,855	$14,868,161	$-601,999
2022	$24,565,424	$24,058,375	$15,494,359	$507,049
2021	$28,180,507	$25,156,072	$15,212,023	$3,024,435
2020	$25,013,070	$25,619,485	$16,499,058	$-606,415
2019	$24,182,012	$24,010,098	$13,049,407	$171,914
2018	$23,560,934	$23,219,385	$13,029,163	$341,549

LAKESHORE COMMUNITY SERVICES INC