LAKESHORE LITTLE PEOPLE'S PLACE (EIN 383328033) - 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

1997

Legal Domicile

Principal Officer

COLLEEN WALTERS

Phone

6163999149

Tax Period

2023-01-01 to 2023-12-31

LAKESHORE LITTLE PEOPLE'S PLACE, founded in 1997, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $2.8M exceeded revenue, resulting in a 18% operating deficit.

Mission

DAY CARE PROVIDER FOR LOW INCOME FAMILIES

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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 $455,903

Program Service Revenue $1,935,978

Investment Income $22,577

Other Revenue $0

TOTAL REVENUE $2,414,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,181,554

Fundraising Expenses $5,293

Program Expenses $2,626,449

Other Expenses $658,055

TOTAL EXPENSES $2,839,609

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,414,458	$3,889,270	-0.4%
Expenses	$2,839,609	$3,344,160	-0.2%
Net Income	$-425,151	$545,110	-1.8%

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

142

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARWIN GLASSFORD	DIRECTOR	N/A	Director	$0	$0	$0
MARK HOEKMAN	TREASURER	N/A	Officer Director	$0	$0	$0
LAURA KEELEY	CHAIR PERSON	N/A	Officer Director	$0	$0	$0
JACK KOOYMAN	DIRECTOR	N/A	Director	$0	$0	$0
JULIE LEESON	DIRECTOR	N/A	Director	$0	$0	$0
JUDI NYKAMP	SECRETARY	N/A	Officer Director	$0	$0	$0
CARIN RIBBENS	DIRECTOR	N/A	Director	$0	$0	$0
COLLEEN WALTERS	EXECUTIVE DI	N/A	Officer	$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	$2,414,458	$2,839,609	$1,833,231	$-425,151
2022	$3,889,270	$3,344,160	$2,235,164	$545,110
2021	$2,756,571	$2,651,635	$1,694,687	$104,936
2020	$2,434,181	$2,227,239	$1,579,749	$206,942
2019	$2,951,032	$2,499,851	$1,335,058	$451,181
2018	$2,409,534	$2,399,048	$1,297,856	$10,486

LAKESHORE LITTLE PEOPLE'S PLACE