LAKESHORE TECHNICAL COLLEGE FOUNDATION INC

EIN: 391269078 501(c)(3) Education

CLEVELAND, WI

Total Revenue
$852,080
Total Expenses
$2,963,371
Total Assets
$4,903,776
Net Assets
$4,021,219
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
WI
Principal Officer
MIKE MCEVOY
Phone
9206931000
Tax Period
2022-07-01 to 2023-06-30

LAKESHORE TECHNICAL COLLEGE FOUNDATION INC, founded in 1976, is a small nonprofit in the Education sector that reported $852K in total revenue in fiscal year 2022. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 248% operating deficit.

Mission

TO PROVIDE PRIVATE SCHOLARSHIPS AND ASSISTANCE TO STUDENTS FOR EDUCATION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $694,869
Program Service Revenue $46,354
Investment Income $72,250
Other Revenue $38,607
TOTAL REVENUE $852,080

Expense Breakdown

Grants Paid $299,659
Salaries & Benefits $0
Fundraising Expenses $48,459
Program Expenses $2,867,512
Other Expenses $2,663,712
TOTAL EXPENSES $2,963,371

Year-over-Year Comparison

2022 2021 Change
Revenue $852,080 $2,685,335 -0.7%
Expenses $2,963,371 $639,581 +3.6%
Net Income $-2,111,291 $2,045,754 -2.0%
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

Sign In

Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
19

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
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSS NIEMI PRESIDENT 0.50
Officer Director
$0 $0 $0
MIKE MRDJENOVICH PAST PRESIDENT 0.50
Officer Director
$0 $0 $0
BOB FITZGERALD TREASURER/SECRETARY 0.50
Officer Director
$0 $0 $0
PAUL CARLSEN EX OFFICIO 0.50
Director
$0 $0 $0
LYNN COADY DIRECTOR 0.50
Director
$0 $0 $0
PAUL WEAVER DIRECTOR 0.50
Director
$0 $0 $0
JESSE BROTZ DIRECTOR 0.50
Director
$0 $0 $0
JUSTIN SELLE DIRECTOR 0.50
Director
$0 $0 $0
DON HAMMOND DIRECTOR 0.50
Director
$0 $0 $0
SISTER JANE KINATE DIRECTOR 0.50
Director
$0 $0 $0
MIKE MCEVOY DIRECTOR 0.50
Director
$0 $0 $0
CASSIE ZINKEL DIRECTOR 0.50
Director
$0 $0 $0
JOHN C MILLER DIRECTOR 0.50
Director
$0 $0 $0
JUTTA FURCA DIRECTOR 0.50
Director
$0 $0 $0
LEE VAN BOXTEL DIRECTOR 0.50
Director
$0 $0 $0
MIKE VANDER ZANDEN DIRECTOR 0.50
Director
$0 $0 $0
RANDALL ROETHEL DIRECTOR 0.50
Director
$0 $0 $0
SACHIN SHIVARAM DIRECTOR 0.50
Director
$0 $0 $0
KRISTY LIPHART EXECUTIVE DIRECTOR 0.50
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $852,080 $2,963,371 $4,903,776 $-2,111,291
2022 $2,685,335 $639,581 $5,924,242 $2,045,754
2021 $727,114 $510,611 $4,595,701 $216,503
2020 $670,782 $576,705 $3,871,195 $94,077
2019 $917,321 $836,143 $3,866,275 $81,178
Explore More Nonprofits
→Top 100 Nonprofits in Wisconsin →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LAKESHORE TECHNICAL COLLEGE FOUNDATION INC with other nonprofits in Wisconsin and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.