STONE LAKE WOODS INC

EIN: 382356438 501(c)(3)

CASSOPOLIS, MI

Total Revenue
$449,242
Total Expenses
$398,667
Total Assets
$564,852
Net Assets
$-472,618
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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
1981
Legal Domicile
MI
Principal Officer
SUSAN LOUX
Phone
2694458040
Tax Period
2023-01-01 to 2023-12-31

STONE LAKE WOODS INC, founded in 1981, is a small nonprofit that reported $449K in total revenue in fiscal year 2023. Expenses of $399K left a modest 11% surplus.

Mission

PROVIDING AFFORDABLE HOUSING FOR THE ELDERLY

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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 $268,516
Program Service Revenue $180,599
Investment Income $127
Other Revenue $0
TOTAL REVENUE $449,242

Expense Breakdown

Grants Paid $0
Salaries & Benefits $176,438
Fundraising Expenses $0
Program Expenses $398,667
Other Expenses $222,229
TOTAL EXPENSES $398,667

Year-over-Year Comparison

2023 2022 Change
Revenue $449,242 $440,398 +0.0%
Expenses $398,667 $433,077 -0.1%
Net Income $50,575 $7,321 +5.9%
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

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Governance

Voting Members
4
Independent Members
4
Employees
3
Volunteers
4

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN LOUX PRESIDENT 1.00
Officer Director
$0 $0 $0
LOUANNE BATES VICE PRESIDE 1.00
Officer Director
$0 $0 $0
EUGENE WAGNER SECRETARY/TR 1.00
Officer Director
$0 $0 $0
FRANK WILLIAMS JR 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
2024 No data No data No data No data
2023 $449,242 $398,667 $564,852 $50,575
2022 $440,398 $433,077 $554,807 $7,321
2021 $431,024 $405,319 $577,943 $25,705
2020 $410,577 $431,458 $592,131 $-20,881
2019 $407,704 $385,052 $641,108 $22,652
2018 $409,891 $399,599 $650,057 $10,292
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