LAKEWOOD MEM PARK CEM CARE FUND 3015047698

EIN: 366498478

Detroit, MI

Total Revenue
$53,444
Total Expenses
$24,637
Total Assets
$1,725,285
Net Assets
$1,725,285
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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
1963
Legal Domicile
IL
Principal Officer
Brad Savage
Tax Period
2023-01-01 to 2023-12-31

LAKEWOOD MEMORIAL PARK CEMETERY CAR, founded in 1963, is a micro nonprofit that reported $78K in total revenue in fiscal year 2018. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 73% operating margin.

Mission

ENDOWED CARE TAX EXEMPT CEMETERY

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,550
Investment Income $47,894
Other Revenue $0
TOTAL REVENUE $53,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $24,637
TOTAL EXPENSES $24,637

Year-over-Year Comparison

2023 2022 Change
Revenue $53,444 $78,476 -0.3%
Expenses $24,637 $25,245 0.0%
Net Income $28,807 $53,231 -0.5%
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

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Governance

Voting Members
2
Independent Members
2
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Comerica Bank WM Charitable Dept Institutional Trustee 1.00
$12,449 $0 $24,637
Brad Savage PRESIDENT 1.00
Officer 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 $53,444 $24,637 $1,725,285 $28,807
2022 $78,476 $25,245 $1,696,478 $53,231
2021 $212,392 $26,797 $1,643,247 $185,595
2020 $104,523 $45,007 $1,457,652 $59,516
2019 $85,049 $21,972 $1,398,136 $63,077
2018 $78,057 $20,959 $1,335,059 $57,098
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