LAKE HARRIET COMMUNITY CHILD CARE (EIN 411472507) - 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

2003

Legal Domicile

Principal Officer

MEREDITH LACOUNT

Phone

9522080977

Tax Period

2024-07-01 to 2025-06-30

LAKE HARRIET COMMUNITY CHILD CARE, founded in 2003, is a small nonprofit in the Human Services sector that reported $809K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

LAKE HARRIET COMMUNITY CHILDCARE'S MISSION IS TO PROVIDE HIGH QUALITY CHILDCARE THAT IS AFFORDABLE AND ATTAINABLE FOR ALL.

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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 $67,539

Program Service Revenue $741,672

Investment Income $0

Other Revenue $0

TOTAL REVENUE $809,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $673,045

Fundraising Expenses $6,731

Program Expenses $770,232

Other Expenses $207,388

TOTAL EXPENSES $880,433

Year-over-Year Comparison

	2024	2023	Change
Revenue	$809,211	$712,754	+0.1%
Expenses	$880,433	$758,249	+0.2%
Net Income	$-71,222	$-45,495	+0.6%

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

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

$79,324

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEREDITH LACOUNT	EXECUTIVE DI	40.00	Officer	$74,264	$5,060	$79,324
SARAH AVERBECK THROUGH AUGUST 2025	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
JORDAN SEEBACH	BOARD TREASU	2.00	Officer Director	$0	$0	$0
EMILY ROSTAD	DIRECTOR	2.00	Director	$0	$0	$0
MATT GUIDICE	DIRECTOR	2.00	Director	$0	$0	$0
SANDY HEIDEMANN	DIRECTOR	2.00	Director	$0	$0	$0
KELSEY ROHDE THROUGH SEPT 2025	DIRECTOR	2.00	Director	$0	$0	$0
MEREDITH OLSON THROUGH SEPT 2025	DIRECTOR	2.00	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	$809,211	$880,433	$434,147	$-71,222
2024	No data	No data	No data	No data
2023	$746,697	$723,626	$616,789	$23,071
2022	$871,988	$636,334	$501,257	$235,654
2021	$695,103	$569,624	$247,123	$125,479
2020	$661,299	$633,757	$133,995	$27,542
2019	$680,580	$704,510	$156,394	$-23,930
2018	$653,097	$688,561	$255,052	$-35,464

LAKE HARRIET COMMUNITY CHILD CARE