LAKESIDE FOR CHILDREN FOUNDATION

EIN: 383696364 501(c)(3)

KALAMAZOO, MI

Total Revenue
$139,888
Total Expenses
$46,077
Total Assets
N/A
Net Assets
N/A
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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
2005
Legal Domicile
MI
Principal Officer
AMY UPJOHN
Phone
2692768105
Tax Period
2022-07-01 to 2023-06-30

LAKESIDE FOR CHILDREN FOUNDATION, founded in 2005, is a small nonprofit that reported $140K in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $94K, a strong 67% operating margin.

Mission

LAKESIDE FOR CHILDREN FOUNDATION'S MISSION IS TO SOLICIT AND MANAGE FUNDS FOR THE OPERATIONS OF LAKESIDE FOR CHILDREN. THE FOUNDATION WILL RAISE, MANAGE, AND INVEST FUNDS PURSUANT TO THE APPROVED INVESTMENT POLICY OF THE FOUNDATION AND GRANT SUCH FUNDS TO THE LAKESIDE FOR CHILDREN ORGANIZATION AS DEEMED APPROPRIATE BY THE APPROVAL OF THE FOUNDATION BOARD OF TRUSTEES, UNDER THE GUIDELINES OF THE SPENDING POLICY. FUNDS HELD IN THE FOUNDATION ARE FOR THE SOLE PURPOSE OF SUPPORTING THE MISSION AND PROGRAMS OF THE LAKESIDE FOR CHILDREN CHARITABLE ORGANIZATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $62,744
Program Service Revenue $0
Investment Income $77,144
Other Revenue $0
TOTAL REVENUE $139,888

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $15,575
Program Expenses $30,502
Other Expenses $46,077
TOTAL EXPENSES $46,077

Year-over-Year Comparison

2022 2021 Change
Revenue $139,888 $155,717 -0.1%
Expenses $46,077 $28,241 +0.6%
Net Income $93,811 $127,476 -0.3%
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
10
Independent Members
10
Employees
N/A
Volunteers
9

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAVEN BRITT DIRECTOR N/A
Director
$0 $0 $0
JOHN COOPER II DIRECTOR N/A
Director
$0 $0 $0
JOEL OROSZ DIRECTOR N/A
Director
$0 $0 $0
AJ TODD DIRECTOR N/A
Director
$0 $0 $0
MARY OUDSEMA DIRECTOR N/A
Director
$0 $0 $0
AMY UPJOHN PRESIDENT N/A
Officer Director
$0 $0 $0
ROBERT EZELLE VICE PRESIDE N/A
Officer Director
$0 $0 $0
JOSEPH BROGGER II SECRETARY N/A
Officer Director
$0 $0 $0
CARLENE KORCHAK TREASURER N/A
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 $139,888 $46,077 No data $93,811
2022 $155,717 $28,241 $2,609,963 $127,476
2021 $146,018 $55,612 $2,618,597 $90,406
2020 $335,281 $51,767 $2,481,779 $283,514
2019 $394,859 $48,925 $2,156,768 $345,934
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