FOUR LAKES EDUCATION INC (EIN 264055721) - Form 990 Financial Analysis & Trantor Score

🔒

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

2009

Legal Domicile

Principal Officer

GERARD J DESCHANE

Phone

6088389482

Tax Period

2024-07-01 to 2025-06-30

FOUR LAKES EDUCATION INC, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $47.6M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

PROVIDE PUBLIC CHARTER SCHOOL EDUCATION.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $46,961,881

Investment Income $451,419

Other Revenue $172,993

TOTAL REVENUE $47,586,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,110,467

Fundraising Expenses $0

Program Expenses $38,848,433

Other Expenses $46,220,195

TOTAL EXPENSES $48,330,662

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,586,293	$39,649,168	+0.2%
Expenses	$48,330,662	$42,235,191	+0.1%
Net Income	$-744,369	$-2,586,023	-0.7%

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

N/A

Volunteers

N/A

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

$10,880

Total Directors

$14,960

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERARD J DESCHANE	PRESIDENT	0.50	Officer Director	$2,720	$0	$2,720
LAURA CATALDO	VICE PRESIDENT	0.50	Officer Director	$2,720	$0	$2,720
NICK COCHART	SECRETARY	0.50	Officer Director	$2,720	$0	$2,720
ROBB KAHL	TREASURER	0.50	Officer Director	$2,720	$0	$2,720
AMY SUE VRUWINK	MEMBER	0.50	Director	$2,720	$0	$2,720
SCOTT BROWN	MEMBER	0.50	Director	$1,360	$0	$1,360
JOHN LECLOUX	MEMBER	0.50	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
2025	$47,586,293	$48,330,662	$30,039,934	$-744,369
2024	$39,649,168	$42,235,191	$17,140,056	$-2,586,023
2023	$35,963,192	$37,076,459	$21,174,145	$-1,113,267
2022	$31,025,737	$31,272,175	$19,510,761	$-246,438
2021	$36,128,677	$32,586,809	$20,219,187	$3,541,868
2020	$24,187,699	$22,545,291	$14,327,379	$1,642,408
2019	$18,143,516	$16,942,493	$10,634,209	$1,201,023
2018	$15,524,388	$14,768,394	$15,983,036	$755,994

FOUR LAKES EDUCATION INC