LAKE CUMBERLAND DEVELOPMENT COUNCIL INC (EIN 311059103) - 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

1969

Legal Domicile

Principal Officer

TONY MEEKS

Phone

2708664200

Tax Period

2024-07-01 to 2025-06-30

LAKE CUMBERLAND DEVELOPMENT COUNCIL INC, founded in 1969, is a small nonprofit in the Community Improvement sector that reported $156K in total revenue in fiscal year 2024. Net assets of $1.4M represent 108 months of operating reserves.

Mission

PROVIDE FACILITIES FOR LOCAL GOVERNMENT.

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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 $0

Program Service Revenue $155,056

Investment Income $764

Other Revenue $0

TOTAL REVENUE $155,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $155,090

Other Expenses $155,090

TOTAL EXPENSES $155,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,820	$152,952	+0.0%
Expenses	$155,090	$152,229	+0.0%
Net Income	$730	$723	+0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT LAWSON	DIRECTOR	1.00	Director	$0	$0	$0
WAYLON WRIGHT	EXECUTIVE	1.00	Director	$0	$0	$0
CURTIS HARDWICK	DIRECTOR	1.00	Director	$0	$0	$0
RANDY DIAL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN FRANK	DIRECTOR	1.00	Director	$0	$0	$0
HERSHELL KEY	DIRECTOR	1.00	Director	$0	$0	$0
SHARON PAYNE	DIRECTOR	1.00	Director	$0	$0	$0
JIMMIE GREENE	DIRECTOR	1.00	Director	$0	$0	$0
LAUREL IRBY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT GEHRING	DIRECTOR	1.00	Director	$0	$0	$0
BARRY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
EDDIE THOMAS	DIRECTOR	1.00	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	$155,820	$155,090	$1,410,699	$730
2024	$152,952	$152,229	$1,444,830	$723
2023	$184,684	$155,894	$1,428,735	$28,790
2022	$612,661	$147,631	$1,414,977	$465,030
2021	$186,228	$193,437	$1,382,105	$-7,209
2020	$192,364	$176,830	$1,385,544	$15,534
2019	$186,454	$187,722	$1,372,742	$-1,268

LAKE CUMBERLAND DEVELOPMENT COUNCIL INC