LAKE CITY VOA LIVING CENTER INC (EIN 454713154) - 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

2015

Legal Domicile

Principal Officer

JANET M STRINGFELLOW

Phone

7273698500

Tax Period

2022-07-01 to 2023-06-30

LAKE CITY VOA LIVING CENTER INC, founded in 2015, is a small nonprofit that reported $105K in total revenue in fiscal year 2022. Expenses of $167K exceeded revenue, resulting in a 59% operating deficit.

Mission

TO PROVIDE PERSONS WITH DISABILITIES TO LIVE AS INDEPENDENTLY AS POSSIBLE IN THE COMMUNITY BY SUBSIDIZING RENTAL HOUSING OPPORTUNITIES WHICH PROVIDE ACCESS TO APPROPRIATE SUPPORTIVE SERVICES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $104,729

Investment Income $36

Other Revenue $0

TOTAL REVENUE $104,765

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,376

Fundraising Expenses $0

Program Expenses $154,947

Other Expenses $140,595

TOTAL EXPENSES $166,971

Year-over-Year Comparison

	2022	2021	Change
Revenue	$104,765	$102,096	+0.0%
Expenses	$166,971	$153,367	+0.1%
Net Income	$-62,206	$-51,271	+0.2%

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

N/A

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

$180,203

Total Directors

$180,203

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET M STRINGFELLOW	PRESIDENT	2.00	Officer Director	$0	$0	$180,203
TOMMY GOODWIN	CHAIR	2.00	Officer Director	$0	$0	$0
IVAN MESA	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MELODY EVANS	TREASURER	2.00	Officer Director	$0	$0	$0
DEBRA THROWER	SECRETARY	2.00	Officer Director	$0	$0	$0
DR KHARY RIGG	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH MALISZEWSKI	DIRECTOR	2.00	Director	$0	$0	$0
BETTY VIAMONTES	DIRECTOR	2.00	Director	$0	$0	$0
SPENCER REYNOLDS	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS BOWMAN	DIRECTOR	2.00	Director	$0	$0	$0
TRAVIS TAYLOR	DIRECTOR	2.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$104,765	$166,971	$1,815,222	$-62,206
2022	$102,096	$153,367	$1,850,944	$-51,271
2021	$119,692	$152,331	$1,891,332	$-32,639
2020	$106,775	$146,622	$1,934,117	$-39,847
2019	$84,599	$154,480	$1,967,763	$-69,881
2018	$1,064,240	$71,737	$2,049,286	$992,503

LAKE CITY VOA LIVING CENTER INC