LAKESIDE CLUB INCORPORATED (EIN 381852651) - 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

1946

Legal Domicile

Principal Officer

KRISTOPHER HOFFMAN

Phone

2317552763

Tax Period

2023-01-01 to 2023-12-31

LAKESIDE CLUB INCORPORATED, founded in 1946, is a small nonprofit that reported $159K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 27% operating margin.

Mission

A SOCIAL CLUB FOR VETERAN MEMBERS, FAMILY, AND FRIENDS. TAKE CARE OF LOCAL GRAVE SITES, ORGANIZING AND MANAGING MEMORIAL DAY PARADE AND TO PROMOTE PATRIOTISM.

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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 $47,456

Program Service Revenue $0

Investment Income $1

Other Revenue $111,236

TOTAL REVENUE $158,693

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,716

Fundraising Expenses $0

Other Expenses $62,456

TOTAL EXPENSES $116,172

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,693	$120,068	+0.3%
Expenses	$116,172	$104,349	+0.1%
Net Income	$42,521	$15,719	+1.7%

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

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

$404

Total Directors

$404

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY STEGAL	PAST COMMANDER	0.00	Officer Director	$0	$0	$0
KRIS HOFFMAN	COMMANDER	0.00	Officer Director	$0	$0	$0
TIM FORTON	2ND YEAR TRUSTEE	0.00	Officer Director	$0	$0	$0
RICK NICHOLL	VICE COMMANDER	1.00	Officer Director	$404	$0	$404
RAY STURDIVANT	1ST YEAR TRUSTEE	0.00	Officer Director	$0	$0	$0
ROGER LAIRD	1ST YEAR TRUSTEE	0.00	Officer Director	$0	$0	$0
DUANE VANDENHUEVEL	JUNIOR V. COMMANDER	0.00	Officer Director	$0	$0	$0
SHEILA TILES	HONORARY CHAIRMAN	0.00	Officer Director	$0	$0	$0
KIM BEATTIE	ADJUTANT	0.00	Officer Director	$0	$0	$0
TODD KAMPS	TREASURER	0.00	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
2023	$158,693	$116,172	$114,204	$42,521
2022	$120,068	$104,349	$71,241	$15,719
2021	$101,325	$70,230	$56,314	$31,095
2020	$35,702	$85,351	$31,827	$-49,649
2019	$96,646	$108,492	$73,027	$-11,846

LAKESIDE CLUB INCORPORATED