Lakewood Neighborhood Alliance Inc DBA as Lakeview Neighborhood Alliance

EIN: 384015347 501(c)(3) Community Improvement

Charlotte, NC

Total Revenue
$1,686,433
Total Expenses
$1,168,824
Total Assets
$1,446,617
Net Assets
$1,437,234
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NC
Principal Officer
Jamaal Kinard
Phone
8032713939
Tax Period
2024-09-01 to 2025-08-31

Lakewood Neighborhood Alliance Inc DBA as Lakeview Neighborhood Alliance, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 132% from the prior year, signaling strong growth momentum. The organization ran a surplus of $518K, a strong 31% operating margin.

Mission

Founded in 2016, Lakeview Neighborhood Alliance (LNA) is a Community I.M.P.A.C.T. (Individuals Making Progress and Change Together) Organization. Our mission is to Engage the residents of Lakeview, Educate them on opportunities and connect them to resources, while advocating for Lakeviews growth and Empowerment.

Program Service Accomplishments

Program 1
Expenses: $375,309

Economic Mobility:Lakeviews Hierarchy of needs begins with the Lakeview Community and their physiological and safety needs with things like food, shelter, and personal security. Having these needs...

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Economic Mobility:Lakeviews Hierarchy of needs begins with the Lakeview Community and their physiological and safety needs with things like food, shelter, and personal security. Having these needs met, fi rst, is the pathway to love & belonging, esteem, and self-actualization taking place. Utilizing the Universal Basic Income model, we have put into place a program to help meet those essential needs, empowering the residents of Lakeview to educate themselves and engage in the solution-oriented problem solving centered around LNAs 4 Areas of Programming: Child & Family Stability, Prevention of Displacement, Economic Mobility, and Civic Awareness. The Gift Card Program is the core short term solution that lays the groundwork for the strategic long term plan.Residents are eligible for gift cards if they engage with Lakeview Neighborhood Alliance activities and attend a certain number of Lakeview Neighborhood Alliance events over the course of the year. In FY 23, LNA served 156 community residents through the gift card program. Residents received $100 per event/activity over the course of the year. The Merancas grant received in 2023 funded this program and also helped to complete a $250,000 matching grant from the Yates Fund.Measurements from our 2023 Impact Report (surveyed from the program members) detail how the program was helpful with over 65% of residents reporting being able to save money and better able to access household items. Clothing, hygiene items, and groceries are the top 3 items being reported as their gift card expenditures. We advocate on the belief of the correlation in meeting the basic needs and the improvement in civic activities like voting in an election, helping a neighbor or family member in need, and volunteering at a religious institution or organization in the community; all reporting percentages over 85%.

Program 2
Expenses: $260,924

Community Quarterback:Lakeview Neighborhood Alliance (LNA) is a community organization based in the Lakeview neighborhood of Charlotte, NC. Our mission is to engage community members, educate them on...

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Community Quarterback:Lakeview Neighborhood Alliance (LNA) is a community organization based in the Lakeview neighborhood of Charlotte, NC. Our mission is to engage community members, educate them on opportunities and connect them to resources, while advocating for Lakeviews growth and empowerment. We aim to cultivate strong community leadership, develop youth, family, and senior citizen programming, and create a safe and beautiful environment for residents to thrive and position themselves for upward mobility. LNA serves as a community quarterback organization that also works to coordinate services and programs for the benefit of Lakeview residents. We accomplish this through our core program areas: Child and Family Stability Prevention of Displacement Economic Mobility Civic Awareness and Cultural Responsibility Support Student Academic Success (Youth) By engaging residents and building partnerships with local organizations, LNA works to address critical needs like housing, food security, and educational opportunities. LNA promotes community connection and empowerment through events, programs, and services to improve resident wellbeing.In FY 2024, LNA provided 3,862 services and 3,540 hours of contact with residents in FY 2024 a 67% increase in the number of services provided from the prior year. Residents report high levels of satisfaction in placed-based services and referrals for basic needs and describe how these programs and services are having an impact on their household. Gift card program members report high satisfaction rates, and 93.2% of respondents also indicate that the program increases community engagement among residents. 96.8% of residents report that they trust LNA a rate higher than all other organizations surveyed.We are proud of our success but recognize that there is still work to do as we collectively work to create a self-sufficient, self-determined, and self-governed neighborhood that others look to as an example of a diverse ommunity with strong families. Lets continue our work as we make history now, together.

Program 3
Expenses: $247,428

Youth: Support Student Academic Growth- Future Orientation/Future Readiness- Community Focused/Civic & Cultural Responsibility- Social Emotional Development (Focus: Self-Regulation)Goals: Utilizing a...

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Youth: Support Student Academic Growth- Future Orientation/Future Readiness- Community Focused/Civic & Cultural Responsibility- Social Emotional Development (Focus: Self-Regulation)Goals: Utilizing a cross-curriculum model, LNA Youth programming will promote youth who are able to -Develop and utilize research skills to acquire further knowledge and information surrounding areas of interest pertaining to Lakeview (their cultural group)- Seek out and obtain historical context surrounding challenges, problems, and issues that affect them, their family, and Lakeview- Expand their community, knowledge, and understanding through collaborative efforts that are inclusive of their peers and adults of the Lakeview community- Think critically, are resourceful, and contribute positively to solving problems in a culturally responsible and sustainable way.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,683,489
Program Service Revenue $0
Investment Income $2,944
Other Revenue $0
TOTAL REVENUE $1,686,433

Expense Breakdown

Grants Paid $0
Salaries & Benefits $108,397
Fundraising Expenses $68,583
Program Expenses $917,161
Other Expenses $1,060,427
TOTAL EXPENSES $1,168,824

Year-over-Year Comparison

2024 2023 Change
Revenue $1,686,433 $727,723 +1.3%
Expenses $1,168,824 $935,889 +0.2%
Net Income $517,609 $-208,166 -3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
376

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
5
$100,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jamaal Kinard Executive Dir. 50.00
Officer
$100,000 $0 $100,000
Dennis Williams Chair 0.25
Officer Director
$0 $0 $0
Quintel Gwinn Vice Chair 0.25
Officer Director
$0 $0 $0
Delores Miller Secretary 0.25
Officer Director
$0 $0 $0
Daniel Williams Director 0.25
Director
$0 $0 $0
Pearl Wortham Director 0.25
Director
$0 $0 $0
Mary Ford Director 0.25
Director
$0 $0 $0
Delorenzo Walcott Director 0.25
Director
$0 $0 $0
Scott Vaughn Director 0.25
Director
$0 $0 $0
Tom Okel Treasurer 0.25
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
2025 $1,686,433 $1,168,824 $1,446,617 $517,609
2024 $727,723 $935,889 $941,614 $-208,166
2023 $960,735 $746,271 $432,098 $214,464
2022 $480,398 $438,417 $217,634 $41,981
2021 $423,664 $296,760 $175,653 $126,904
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