LAKESHORE CAP INC OF WISCONSIN

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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

1966

Legal Domicile

Principal Officer

COLLEEN HOMB

Phone

9206823737

Tax Period

2024-01-01 to 2024-12-31

LAKESHORE CAP INC OF WISCONSIN, founded in 1966, is a community nonprofit in the Unknown sector that reported $4.4M in total revenue in fiscal year 2024.

Mission

TO IMPLEMENT AND ADMINISTER VARIOUS COMMUNITY ACTION PROGRAMS DESIGNED TO COMBAT POVERTY IN LOCAL COUNTIES.

Program Service Accomplishments

Program 1

Expenses: $721,600 Revenue: $152,782

PROVIDE EMERGENCY HOUSING ASSISTANCE AND HOMEBUYER ASSISTANCE TO LOW INCOME HOUSEHOLDS.

Program 2

Expenses: $2,184,737 Revenue: $2,062,654

PROVIDE FOOD DISTRIBUTION TO LOW INCOME HOUSEHOLDS.

Program 3

Expenses: $1,053,461

PROVIDE FAMILY DEVELOPMENT SERVICES TO INDIVIDUALS AND 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 (2024)

Revenue Breakdown

Contributions & Grants $2,084,169

Program Service Revenue $2,340,265

Investment Income $14,299

Other Revenue $2,128

TOTAL REVENUE $4,440,861

Expense Breakdown

Grants Paid $2,498,776

Salaries & Benefits $1,298,816

Fundraising Expenses $0

Program Expenses $4,183,370

Other Expenses $608,331

TOTAL EXPENSES $4,405,923

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,440,861	$4,224,336	+0.1%
Expenses	$4,405,923	$4,019,356	+0.1%
Net Income	$34,938	$204,980	-0.8%

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

Volunteers

147

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

$145,119

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MILT SWAGEL	DIRECTOR	0.50	Director	$0	$0	$0
DEBRA SHERWOOD	DIRECTOR	0.50	Director	$0	$0	$0
MATTHEW MARTELL	DIRECTOR	0.50	Director	$0	$0	$0
JACQUELINE LOVE	DIRECTOR	0.50	Director	$0	$0	$0
DAVE LESS	DIRECTOR	0.50	Director	$0	$0	$0
AMY JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA CLARKE	DIRECTOR	0.50	Director	$0	$0	$0
BOB BULTMAN	DIRECTOR	0.50	Director	$0	$0	$0
SEAN BLAU	DIRECTOR	0.50	Director	$0	$0	$0
ALISON PETRI	MEMBER AT LARGE	0.50	Director	$0	$0	$0
SCOTT STUCKMANN	BOARD TREASURER	0.50	Officer Director	$0	$0	$0
DOREE STEIN	BOARD SECRETARY	0.50	Officer Director	$0	$0	$0
VIRGINIA HASKE THRU MAY '24	BOARD VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
RITA METZGER	BOARD PRESIDENT	0.50	Officer Director	$0	$0	$0
ASHLEIGH VERTIN	DIRECTOR	0.50	Director	$0	$0	$0
JEAN WAKEFIELD	DIRECTOR	0.50	Director	$0	$0	$0
PEG MILLER	BOARD VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
COLLEEN M HOMB	EXECUTIVE DIRECTOR	40.00	Officer	$78,682	$0	$78,682
ILENE HENRY	FINANCE DIRECTOR	40.00	Officer	$66,437	$0	$66,437

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	$4,440,861	$4,405,923	$4,365,567	$34,938
2023	$4,224,336	$4,019,356	$4,538,919	$204,980
2022	$4,582,951	$4,839,295	$4,523,378	$-256,344
2021	$5,227,133	$5,237,561	$4,910,382	$-10,428
2020	$5,176,849	$5,052,873	$5,008,893	$123,976
2019	$3,840,616	$3,812,974	$5,216,462	$27,642
2018	$2,500,064	$2,489,727	$5,421,717	$10,337