LAKEWOOD CEMETERY ASSOCIATION

EIN: 410364015

LAKE CITY, MN

Total Revenue
$80,916
Total Expenses
$74,903
Total Assets
$579,155
Net Assets
$579,155
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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
1900
Legal Domicile
MN
Principal Officer
Lori Anderson
Phone
6517642385
Tax Period
2024-09-01 to 2025-08-31

LAKEWOOD CEMETERY ASSOCIATION, founded in 1900, is a micro nonprofit that reported $81K in total revenue in fiscal year 2024. Expenses of $75K left a modest 7% surplus.

Mission

Cemetery operations including interments, mowing and general maintenace of cemetery grounds.

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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 $0
Program Service Revenue $72,454
Investment Income $8,462
Other Revenue $0
TOTAL REVENUE $80,916

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,615
Fundraising Expenses $0
Other Expenses $36,288
TOTAL EXPENSES $74,903

Year-over-Year Comparison

2024 2023 Change
Revenue $80,916 N/A N/A
Expenses $74,903 N/A N/A
Net Income $6,013 N/A N/A
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
7
Independent Members
7
Employees
5
Volunteers
N/A

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Glenn Dwelle President 002.00
Director
$0 $0 $0
Gary Lichtblau Vice President 002.00
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 $80,916 $74,903 $579,155 $6,013
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