Lake Area Educational Broadcasting Foundation (EIN 431358481) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

James J McDermott

Phone

5734801439

Tax Period

2025-01-01 to 2025-12-31

Lake Area Educational Broadcasting Foundation, founded in 1984, is a small nonprofit that reported $101K in total revenue in fiscal year 2025. Expenses of $157K exceeded revenue, resulting in a 55% operating deficit.

Mission

Operating noncommercial Internet streams Assisting other nonprofits in using and funding modern media

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $10,196

Program Service Revenue $21,741

Investment Income $69,535

Other Revenue $0

TOTAL REVENUE $101,472

Expense Breakdown

Grants Paid $16,807

Salaries & Benefits $104,484

Fundraising Expenses $861

Program Expenses $87,686

Other Expenses $35,827

TOTAL EXPENSES $157,118

Year-over-Year Comparison

	2025	2024	Change
Revenue	$101,472	$104,721	0.0%
Expenses	$157,118	$212,340	-0.3%
Net Income	$-55,646	$-107,619	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$63,600

Total Directors

$63,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES MCDERMOTT	President	25.00	Officer Director	$37,800	$0	$37,800
ALICE MCDERMOTT	SecretaryTreasurer	8.00	Officer Director	$13,800	$0	$13,800
LARRY OLLISON	VicePresident	4.00	Officer Director	$12,000	$0	$12,000

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	$101,472	$157,118	$2,435,103	$-55,646
2024	No data	No data	No data	No data
2023	$79,691	$835,590	$2,593,603	$-755,899
2022	$1,147,875	$968,386	$3,366,207	$179,489
2021	$1,136,424	$865,219	$3,175,243	$271,205
2020	$1,094,457	$852,747	$2,908,940	$241,710

Lake Area Educational Broadcasting Foundation