LAKESHORE WIND ENSEMBLE ASSOCIATION INC (EIN 391601172) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Phone

9202421985

Tax Period

2023-07-01 to 2024-06-30

LAKESHORE WIND ENSEMBLE ASSOCIATION INC, founded in 1987, is a micro nonprofit that reported $91K in total revenue in fiscal year 2023. Net assets of $939K represent 124 months of operating reserves.

Mission

The Mission of the Lakeshore Wind Ensemble Association is to support and enrich the musical arts in the lakeshore community through scholarship programs youth and community outreach and live performances by the Lakeshore Wind Ensemble and Lakeshore Big Band

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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 (2023)

Revenue Breakdown

Contributions & Grants $21,927

Program Service Revenue $25,432

Investment Income $43,313

Other Revenue $0

TOTAL REVENUE $90,672

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,327

Other Expenses $88,743

TOTAL EXPENSES $88,743

Year-over-Year Comparison

	2023	2022	Change
Revenue	$90,672	$95,075	0.0%
Expenses	$88,743	$84,620	+0.0%
Net Income	$1,929	$10,455	-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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Scherer	President	5.00	Officer	$0	$0	$0
Nancy Leigh	Treasurer	6.00	Officer	$0	$0	$0
Dawn Pitzen	Vice President	0.50	Officer	$0	$0	$0
Mark Klaiber	CP Community Relations	1.50	Officer	$0	$0	$0
Stephanie Farr	Secretary	2.00	Officer	$0	$0	$0
Renee Schmill	Member at Large	1.00	Officer	$0	$0	$0
Hannah McCollum	Member at Large	1.00	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	$90,672	$88,743	$938,666	$1,929
2023	$95,075	$84,620	$867,180	$10,455
2022	$106,877	$63,337	$831,619	$43,540
2021	$78,178	$13,349	$951,444	$64,829

LAKESHORE WIND ENSEMBLE ASSOCIATION INC