LAKETOWN GYM (EIN 452455454) - 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

2011

Legal Domicile

Principal Officer

Samantha Leighton

Phone

9523683547

Tax Period

2024-01-01 to 2024-12-31

LAKETOWN GYM, founded in 2011, is a community nonprofit in the Recreation & Sports sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

AT LAKETOWN GYMNASTICS, WE WILL WORK WITH EACH GYMNAST TO SET GOALS, DEVELOP INDIVIDUAL PLANS AND PROVIDE SUPPORT AND DIRECTION NEEDED TO ACHIEVE THOSE GOALS

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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 $8,039

Program Service Revenue $1,055,955

Investment Income $10,001

Other Revenue $5,087

TOTAL REVENUE $1,079,082

Expense Breakdown

Grants Paid $0

Salaries & Benefits $539,342

Fundraising Expenses $0

Program Expenses $932,740

Other Expenses $582,472

TOTAL EXPENSES $1,121,814

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,079,082	$986,058	+0.1%
Expenses	$1,121,814	$907,656	+0.2%
Net Income	$-42,732	$78,402	-1.5%

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

Total Directors

$100,128

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kelsi Stoffer	Executive Director	40.00	Director	$65,812	$0	$65,812
Tammie Coleman	Executive Director	40.00	Director	$34,316	$0	$34,316
Nick Hoffman	Director	1.00	Director	$0	$0	$0
Brad Devereaux	Director	1.00	Director	$0	$0	$0
Amy Swingle	Director	1.00	Director	$0	$0	$0
Ashley Erickson	Director	1.00	Director	$0	$0	$0
Angie Kranz	Director	1.00	Director	$0	$0	$0
Ryan Reed	Treasurer	1.00	Officer Director	$0	$0	$0
Sarah Kroells	Secretary	1.00	Officer Director	$0	$0	$0
Shannon Johnson	Vice President	1.00	Officer Director	$0	$0	$0
Samantha Leighton	President	1.00	Officer Director	$0	$0	$0
Bill Vannurden	Treasurer	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
2024	$1,079,082	$1,121,814	$1,536,024	$-42,732
2024	$1,079,082	$1,121,814	$1,536,024	$-42,732
2023	$986,058	$907,656	$1,566,008	$78,402
2022	$887,803	$783,184	$1,534,649	$104,619
2021	$990,150	$689,807	$1,433,214	$300,343
2020	$530,747	$595,762	$1,294,796	$-65,015
2019	$908,351	$976,393	$1,120,457	$-68,042
2018	$938,293	$977,347	$1,176,188	$-39,054

LAKETOWN GYM