Lake County Lightning

🔒

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

2014

Principal Officer

Jerrold Fox

Tax Period

2023-01-01 to 2023-12-31

Lake County Lightning, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $287K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $271K left a modest 6% surplus.

Mission

TO PROMOTE BASEBALL IN the lake county area and to teach boys and girls from ages 8-18 the sport of baseball or softball at the highest level so they may move on in their careers and play collegiate sports.

Program Service Accomplishments

Program 1

Expenses: $270,551 Revenue: $287,127

TO PROMOTE BASEBALL IN THE LAKE COUNTY AREA

🔒

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 $275,520

Investment Income $0

Other Revenue $11,607

TOTAL REVENUE $287,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,538

Fundraising Expenses $0

Program Expenses $270,551

Other Expenses $153,013

TOTAL EXPENSES $270,551

Year-over-Year Comparison

	2023	2022	Change
Revenue	$287,127	$263,973	+0.1%
Expenses	$270,551	$343,359	-0.2%
Net Income	$16,576	$-79,386	-1.2%

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

Volunteers

100

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

$40,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeremy Lutz	Director of Operations	1.5	Director	$25,000	$0	$25,000
Scott ANderson	Dir of Pitching Development	1.5	Director	$15,000	$0	$15,000
Jerrold E Fox	Director	7.5	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	No data	No data	No data	No data
2023	$287,127	$270,551	$24,172	$16,576