Lake Area Discovery Center (EIN 411937239) - 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

1999

Legal Domicile

Principal Officer

Janet Miller

Phone

6517627884

Tax Period

2024-07-01 to 2025-06-30

Lake Area Discovery Center, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $12.1M in total revenue in fiscal year 2024.

Mission

Lake Area Discovery Center (LADC), as part of the early childhood community, seeks to support parents and children through a creative environment that promotes and teaches Christian values, honors diversity, and fosters fellowship within the greater community.

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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 $1,044,948

Program Service Revenue $10,951,069

Investment Income $61,335

Other Revenue $35,048

TOTAL REVENUE $12,092,400

Expense Breakdown

Grants Paid $207,241

Salaries & Benefits $9,538,458

Fundraising Expenses $0

Program Expenses $10,957,371

Other Expenses $2,791,126

TOTAL EXPENSES $12,536,825

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,092,400	$11,240,211	+0.1%
Expenses	$12,536,825	$11,004,411	+0.1%
Net Income	$-444,425	$235,800	-2.9%

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

379

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

$174,005

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Janet Miller	Executive Director	40.00	Officer	$148,482	$9,598	$158,080
Valerie Anderson	Business Administrator	20.00	Officer	$15,925	$0	$15,925
Linda Friesen	Board Member	1.00	Director	$0	$0	$0
Susan Oberman Smith	Board Member	1.00	Director	$0	$0	$0
Karla Gergen	Board Member	1.00	Director	$0	$0	$0
Tim Maly	Board Member	1.00	Director	$0	$0	$0
Bob Eiselt	Chair	1.00	Officer Director	$0	$0	$0
Ginger Vance	Vice Chair	1.00	Officer Director	$0	$0	$0
Jim Weiland	Finance Chair	1.00	Officer 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	$12,092,400	$12,536,825	$3,135,514	$-444,425
2024	$11,240,211	$11,004,411	$3,641,713	$235,800
2023	$9,456,295	$10,167,877	$3,335,807	$-711,582
2022	$10,607,874	$8,756,885	$4,010,452	$1,850,989
2021	$7,699,616	$6,012,060	$2,847,181	$1,687,556

Lake Area Discovery Center