Lake Arbor Foundation Inc (EIN 311576462) - 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

1997

Legal Domicile

Principal Officer

Donna Dean

Phone

3013334630

Tax Period

2023-01-01 to 2023-12-31

Lake Arbor Foundation Inc, founded in 1997, is a small nonprofit in the Recreation & Sports sector that reported $316K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $306K left a modest 3% surplus.

Mission

To provide innovative, lifelong educational, health, cultural, recreational, and social development programs for the children, youth, adults, and seniors of Mitchellville, MD and surrounding communities.

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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 $236,764

Program Service Revenue $78,724

Investment Income $805

Other Revenue $0

TOTAL REVENUE $316,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,380

Fundraising Expenses $0

Program Expenses $271,910

Other Expenses $292,723

TOTAL EXPENSES $306,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$316,293	$280,299	+0.1%
Expenses	$306,103	$298,906	+0.0%
Net Income	$10,190	$-18,607	-1.5%

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

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
Samuel Dean	Board Member	15.00	Director	$0	$0	$0
Derrick Coley	Board Member	10.00	Director	$0	$0	$0
Donna J Dean	Treasurer	50.00	Officer Director	$0	$0	$0
Ken Futch	Vice President	15.00	Officer Director	$0	$0	$0
Glenn Morris	Board Member	10.00	Director	$0	$0	$0
Thelma Strong	President	50.00	Officer Director	$0	$0	$0
Vera Renee Teel	Secretary	10.00	Officer Director	$0	$0	$0
Brandon Jackson	Board Member	10.00	Director	$0	$0	$0
Christopher Stevenson	Board Member	5.00	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
2024	No data	No data	No data	No data
2023	$316,293	$306,103	$890,219	$10,190
2022	$280,299	$298,906	$880,181	$-18,607
2021	$261,613	$310,514	$902,855	$-48,901
2020	$210,878	$169,982	$968,508	$40,896
2019	$219,693	$276,883	$931,616	$-57,190
2018	$369,594	$315,880	$981,377	$53,714

Lake Arbor Foundation Inc