SOUTH LAKE COMMUNITY MINISTRIES IN (EIN 272160363) - 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

2010

Legal Domicile

Principal Officer

DAVID B HAMMOND

Phone

3522431155

Tax Period

2023-01-01 to 2023-12-31

SOUTH LAKE COMMUNITY MINISTRIES IN, founded in 2010, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $764K, a strong 67% operating margin.

Mission

WE EXIST TO SHOW LOVE TO OUR COMMUNITY ONE NEIGHBOR AT A TIME.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,096,418

Program Service Revenue $0

Investment Income $0

Other Revenue $49,892

TOTAL REVENUE $1,146,310

Expense Breakdown

Grants Paid $1,950

Salaries & Benefits $196,367

Fundraising Expenses $6,227

Program Expenses $338,951

Other Expenses $184,105

TOTAL EXPENSES $382,422

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,146,310	$801,156	+0.4%
Expenses	$382,422	$310,624	+0.2%
Net Income	$763,888	$490,532	+0.6%

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

Volunteers

150

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

$39,792

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID B HAMMOND	PRESIDENT	5.00	Officer Director	$0	$0	$0
ROCCO DESTEFANO	TREASURER	1.00	Officer Director	$0	$0	$0
SEAN PARKS	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
CESAR PUMARIEGA	BOARD MEMBER	1.00	Director	$0	$0	$0
TANDY HAMMOND	EXECUTIVE DI	35.00	Director	$39,792	$0	$39,792

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	$1,146,310	$382,422	$1,470,200	$763,888
2022	$801,156	$310,624	$674,836	$490,532
2021	$200,905	$144,998	$183,693	$55,907
2020	$237,753	$155,680	$127,293	$82,073
2019	$115,809	$119,507	$44,487	$-3,698
2018	$125,725	$138,343	$48,728	$-12,618

SOUTH LAKE COMMUNITY MINISTRIES IN