LAKE POINTE FAMILY MINISTRIES OF THE CAROLINAS INC

EIN: 412059217 501(c)(3) Religion

LAKE WYLIE, SC

Total Revenue
$1,074,521
Total Expenses
$991,332
Total Assets
$4,305,439
Net Assets
$2,595,411
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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
2007
Legal Domicile
SC
Phone
8036315253
Tax Period
2024-07-01 to 2025-06-30

LAKE POINTE FAMILY MINISTRIES OF THE CAROLINAS INC, founded in 2007, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $991K left a modest 8% surplus.

Mission

OPERATE EDUCATIONAL INSTITUTION.

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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 $153,961
Program Service Revenue $913,800
Investment Income $6,760
Other Revenue $0
TOTAL REVENUE $1,074,521

Expense Breakdown

Grants Paid $0
Salaries & Benefits $501,382
Fundraising Expenses $0
Program Expenses $933,859
Other Expenses $489,950
TOTAL EXPENSES $991,332

Year-over-Year Comparison

2024 2023 Change
Revenue $1,074,521 $1,447,412 -0.3%
Expenses $991,332 $911,385 +0.1%
Net Income $83,189 $536,027 -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

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Governance

Voting Members
3
Independent Members
3
Employees
15
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELODY MILLER President 10.00
Officer Director
$0 $0 $0
KEN ROGERS Sec/Treasurer 10.00
Officer Director
$0 $0 $0
STEVE TYRPAK Director 0.00
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 $1,074,521 $991,332 $4,305,439 $83,189
2024 $1,447,412 $911,385 $4,290,282 $536,027
2023 $1,090,487 $815,761 $3,767,031 $274,726
2021 $880,381 $862,163 $1,314,012 $18,218
2020 $784,544 $655,030 $1,046,256 $129,514
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