LAKE FOREST-LAKE BLUFF SENIOR CITI… - Form 990 Financial Data

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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

GALE STRENGER WAYNE

Phone

8478104675

Tax Period

2024-05-01 to 2025-04-30

LAKE FOREST-LAKE BLUFF SENIOR CITIZENS FOUNDATION, founded in 1997, is a small nonprofit in the Human Services sector that reported $545K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $282K, a strong 52% operating margin.

Mission

TO CREATE AN AWARENESS IN LAKE FOREST AND LAKE BLUFF OF THE INTERESTS AND NEEDS OF SENIOR CITIZENS; TO SUPPORT THE ACTIVITIES AND FACILITIES OF DICKINSON HALL, THE SENIOR CENTER SERVING LAKE FOREST AND LAKE BLUFF; TO PROVIDE MATERIAL AND FINANCIAL SUPPORT TO THE LAKE FOREST-LAKE BLUFF SENIOR RESOURCES COMMISSION

Program Service Accomplishments

Program 1

Expenses: $112,440

PROVIDE SUPPORT FOR SENIOR CENTER PROGRAM ACTIVITIES, CAPITAL IMPROVEMENTS, AND TRANSPORTATION PROGRAM

Program 2

Expenses: $84,378

PROVIDE SUPPORT FOR SOCIAL SERVICE PROGRAMS FOR SENIOR CITIZENS, INCLUDING SENIOR ADVOCATE AND SOCIAL WORKER

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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 $160,547

Program Service Revenue $0

Investment Income $384,442

Other Revenue $0

TOTAL REVENUE $544,989

Expense Breakdown

Grants Paid $196,818

Salaries & Benefits $0

Fundraising Expenses $29,915

Program Expenses $196,818

Other Expenses $66,595

TOTAL EXPENSES $263,413

Year-over-Year Comparison

	2024	2023	Change
Revenue	$544,989	$294,695	+0.8%
Expenses	$263,413	$271,058	0.0%
Net Income	$281,576	$23,637	+10.9%

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

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
PAUL LEMIEUX	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
STEVE POTSIC	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOANN DESMOND	TREASURER	3.00	Officer Director	$0	$0	$0
MARK DEWART	DIRECTOR	1.00	Director	$0	$0	$0
JERRY HENRY	DIRECTOR	1.00	Director	$0	$0	$0
JACK MEIERHOFF	DIRECTOR	1.00	Director	$0	$0	$0
MARK DILLON	DIRECTOR	1.00	Director	$0	$0	$0
GALE STRENGER WAYNE	SECRETARY	3.00	Officer Director	$0	$0	$0
ELLARD PFAELZER	DIRECTOR	1.00	Director	$0	$0	$0
DONNA SLAYTON	DIRECTOR	1.00	Director	$0	$0	$0
JILL ROSA	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT KARLBLOM	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
2026	No data	No data	No data	No data
2025	$544,989	$263,413	$4,988,316	$281,576
2024	$294,695	$271,058	$4,678,801	$23,637
2023	$256,947	$292,464	$4,324,619	$-35,517
2022	$486,566	$265,867	$4,460,890	$220,699
2021	$361,972	$202,529	$4,915,901	$159,443
2020	$309,824	$250,385	$3,890,226	$59,439
2019	$422,087	$227,597	$4,094,117	$194,490

LAKE FOREST-LAKE BLUFF SENIOR CITIZENS FOUNDATION