LAKESHORE ETHNIC DIVERSITY ALLIANCE (EIN 383360686) - 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

1997

Legal Domicile

Principal Officer

GLORIA LARA

Phone

6163455332

Tax Period

2021-01-01 to 2021-12-31

LAKESHORE ETHNIC DIVERSITY ALLIANCE, founded in 1997, is a small nonprofit that reported $211K in total revenue in fiscal year 2021. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $250K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE LAKESHORE ETHNIC DIVERSITY ALLIANCE WORKS TO DISMANTLE BARRIERS TO ENSURE PEOPLE OF ALL ETHNIC BACKGROUNDS HAVE EQUAL ACCESS AND OPPORTUNITY TO PARTICIPATE FULLY IN THE LIFE OF THE COMMUNITY.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $127,977

Program Service Revenue $82,990

Investment Income $340

Other Revenue $0

TOTAL REVENUE $211,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,977

Fundraising Expenses $11,121

Program Expenses $148,264

Other Expenses $62,497

TOTAL EXPENSES $250,474

Year-over-Year Comparison

	2021	2020	Change
Revenue	$211,307	$310,187	-0.3%
Expenses	$250,474	$253,516	0.0%
Net Income	$-39,167	$56,671	-1.7%

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

125

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

$74,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLORIA LARA	EXECUTIVE DI	40.00	Officer	$74,000	$0	$74,000
FRANCISCO RAMIREZ	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
ANN NOE	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
HEATHER DANIEL	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
HEATHER SPEK	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MCNAUGHTON	DIRECTOR	1.00	Director	$0	$0	$0
SHANI PADNOS	DIRECTOR	1.00	Director	$0	$0	$0
SHONTAYE WITCHER	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
2021	$211,307	$250,474	$211,575	$-39,167
2020	$310,187	$253,516	$244,236	$56,671
2019	$241,485	$345,765	$179,446	$-104,280
2018	$207,260	$330,063	$287,373	$-122,803

LAKESHORE ETHNIC DIVERSITY ALLIANCE