Lakes Cross Country Booster Club

EIN: 270049207 501(c)(3) Education

Lakewood, WA

Total Revenue
$4,915
Total Expenses
$6,624
Total Assets
$12,614
Net Assets
$12,614
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
WA
Principal Officer
CURT CORVIN
Phone
2532296180
Tax Period
2020-01-01 to 2020-12-31

Lakes Cross Country Booster Club, founded in 2002, is a micro nonprofit in the Education sector that reported $5K in total revenue in fiscal year 2020. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $7K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO BENEFIT LAKES HIGH SCHOOL CROSS COUNTRY TEAM. THE LAKES CROSS COUNTRY CLUB EXISTS FOR THE PURPOSE OF SUPPORTING THE CROSS COUNTRY TEAM AT LAKES HIGH SCHOOL.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $4,915
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,915

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $6,624
TOTAL EXPENSES $6,624

Year-over-Year Comparison

2020 2019 Change
Revenue $4,915 $17,774 -0.7%
Expenses $6,624 $17,801 -0.6%
Net Income $-1,709 $-27 +62.3%
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

Sign In

Governance

Voting Members
8
Independent Members
N/A
Employees
N/A
Volunteers
8

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC DRUMMOND PRESIDENT N/A
Officer
$0 $0 $0
VERN MILLS VICE PRESIDENT N/A
Officer
$0 $0 $0
CURT CORVIN TREASURER N/A
Officer
$0 $0 $0
ERIC WELLS SECRETARY N/A
Officer
$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
2020 $4,915 $6,624 $12,614 $-1,709
2019 $17,774 $17,801 $14,323 $-27
Explore More Nonprofits
→Top 100 Nonprofits in Washington →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Lakes Cross Country Booster Club with other nonprofits in Washington and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.