LAKESHORE MEDICAL TRAINING PROGRAM INC (EIN 351306847) - 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

1973

Legal Domicile

Principal Officer

GINA WATSON

Phone

2198727032

Tax Period

2023-07-01 to 2024-06-30

LAKESHORE MEDICAL TRAINING PROGRAM INC, founded in 1973, is a micro nonprofit in the Health Care sector that reported $90K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

TO TRAIN AND EDUCATE PERSONNEL AND STUDENTS IN ANY OF THE RECOGNIZED TECHNICAL AND/OR PROFESSIONAL CATEGORIES REQUIRED IN MEDICAL SERVICES.

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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 $89,598

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $89,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,148

Fundraising Expenses $0

Program Expenses $96,673

Other Expenses $1,895

TOTAL EXPENSES $98,043

Year-over-Year Comparison

	2023	2022	Change
Revenue	$89,600	$102,484	-0.1%
Expenses	$98,043	$101,218	0.0%
Net Income	$-8,443	$1,266	-7.7%

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

$116,660

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG BRAJE	PRESIDENT	2.00	Officer Director	$0	$0	$0
DEAN MAZZONI	SECRTETARY/TREASURER	4.00	Officer Director	$0	$0	$0
THOMAS H ROBERTS	MEDICAL DIRECTOR	2.00	Officer Director	$0	$0	$0
GINA WATSON MT ASCP	PROGRAM DIRECTOR	40.00	Officer	$0	$10,605	$116,660

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	No data	No data	No data	No data
2024	$89,600	$98,043	$61,497	$-8,443
2023	$102,484	$101,218	$46,173	$1,266
2022	$102,400	$98,586	$41,618	$3,814
2021	$102,402	$96,342	$47,224	$6,060

LAKESHORE MEDICAL TRAINING PROGRAM INC