LAKE LEELANAU LAKE ASSOCIATION (EIN 382998216) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

LAURIE WILKINS

Phone

4193480121

Tax Period

2024-01-01 to 2024-12-31

LAKE LEELANAU LAKE ASSOCIATION, founded in 1981, is a small nonprofit in the Environment sector that reported $385K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $450K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE LAKE LEELANAU LAKE ASSOCIATION IS DEDICATED TO PROTECTING AND ENHANCING THE QUALITY AND BEAUTY OF LAKE LEELANAU AND ITS SURROUNDING WATERSHED FOR CURRENT AND FUTURE GENERATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $365,122

Program Service Revenue $7,377

Investment Income $17,403

Other Revenue $-5,363

TOTAL REVENUE $384,539

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,575

Fundraising Expenses $61,875

Program Expenses $320,455

Other Expenses $254,594

TOTAL EXPENSES $450,169

Year-over-Year Comparison

	2024	2023	Change
Revenue	$384,539	$735,468	-0.5%
Expenses	$450,169	$331,439	+0.4%
Net Income	$-65,630	$404,029	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATE APPEL	DIRECTOR	N/A	Director	$0	$0	$0
DON BATY	CHAIR	N/A	Director	$0	$0	$0
KATHY BIRNEY	DIRECTOR	N/A	Director	$0	$0	$0
SUE DOWNS	DIRECTOR	N/A	Director	$0	$0	$0
JEFF GREEN	DIRECTOR	N/A	Director	$0	$0	$0
ANDY JAMIESON	DIRECTOR	N/A	Director	$0	$0	$0
BARB KOBBERSTAD	DIRECTOR	N/A	Director	$0	$0	$0
ROB MACKENZIE	DIRECTOR	N/A	Director	$0	$0	$0
LORI OBERSON	DIRECTOR	N/A	Director	$0	$0	$0
LAURA PAINE	DIRECTOR	N/A	Director	$0	$0	$0
DIANE PELAK	DIRECTOR	N/A	Director	$0	$0	$0
NANCY POPA	PRESIDENT	N/A	Officer Director	$0	$0	$0
GEORGE PREWITT	DIRECTOR	N/A	Director	$0	$0	$0
DOUG VANDYKE	DIRECTOR	N/A	Director	$0	$0	$0
GREG VOGT	SECRETARY	N/A	Officer Director	$0	$0	$0
LAURIE WILKINS	VP/TREASURER	N/A	Officer Director	$0	$0	$0
WAYNE WUNDERLICH	DIRECTOR	N/A	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	$384,539	$450,169	$866,552	$-65,630
2023	$735,468	$331,439	$949,022	$404,029
2022	$465,084	$290,317	$534,978	$174,767
2021	$251,646	$123,237	$335,153	$128,409

LAKE LEELANAU LAKE ASSOCIATION