LAKE MILLS ENTERTAINMENT INC (EIN 450479899) - 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

2003

Legal Domicile

Principal Officer

KRISTOFFER SINGELSTAD

Tax Period

2025-01-01 to 2025-12-31

LAKE MILLS ENTERTAINMENT INC, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $135K in total revenue in fiscal year 2025. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $153K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE MISSION OF LAKE MILLS ENTERTAINMENT INC IS TO HELP PROMOTE AND COORDIANATE ACTIVITIES OF A CULTURAL, EDUCATIONAL AND ENTERTAIMENT NATURE WITHIN THE LAKE MILLS SCHOOL DISTRICT AND SURROUNDING AREAS. LMEI WILL FOCUS ON CINEMATIC SHOWINGS, THEATRICAL PRODUCTIONS, PROMOTION OF THE ARTS, CULTURAL AWARENESS PROGRAMS, EDUCATIONAL PRESENTATIONS.

🔒

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 $68,858

Program Service Revenue $94,733

Investment Income $0

Other Revenue $-28,505

TOTAL REVENUE $135,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,965

Fundraising Expenses $0

Program Expenses $133,024

Other Expenses $126,396

TOTAL EXPENSES $153,361

Year-over-Year Comparison

	2025	2024	Change
Revenue	$135,086	$229,647	-0.4%
Expenses	$153,361	$149,180	+0.0%
Net Income	$-18,275	$80,467	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE CONNER	DIRECTOR	N/A	Director	$0	$0	$0
JOHN HEGEL	DIRECTOR	N/A	Director	$0	$0	$0
APRIL SMITH	DIRECTOR	N/A	Director	$0	$0	$0
CASSIE JOHNSON	TREASURER	N/A	Officer	$0	$0	$0
TERESA NICHOLSON	SECRETARY	N/A	Officer	$0	$0	$0
KRISTOFFER SINGELSTAD	PRESIDENT	N/A	Officer	$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	$135,086	$153,361	$1,188,413	$-18,275
2024	$229,647	$149,180	$1,226,020	$80,467
2023	$147,990	$151,331	$1,239,427	$-3,341
2022	$93,881	$140,474	$1,254,004	$-46,593
2021	$99,589	$102,644	$1,310,554	$-3,055
2020	$101,758	$109,809	$1,230,093	$-8,051
2019	$151,649	$178,083	$1,246,300	$-26,434
2018	$157,617	$196,173	$1,289,412	$-38,556

LAKE MILLS ENTERTAINMENT INC